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butalik [34]
3 years ago
7

A permanent employee works in the same position for his or her entire career.

Business
1 answer:
kompoz [17]3 years ago
6 0

Answer:

false

Explanation:

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A company pays each of its two office employees each Friday at the rate of $100 per day each for a five-day week that begins on
MatroZZZ [7]
<h3>Answer:</h3>

Debiting salaries Expense $400 and Crediting Salaries payable $400.

<h3>Explanation:</h3>

We are given;

1 employees earns $ 100 a day

Therefore;

2 employees will earn $ 200 a day

The month ends on Tuesday, but the two employees works on Monday and Tuesday.

  • Therefore, the month-end adjusting entry to record will be the amount earned by the two employees on the two days.

Two employees for 2 days = $200/day × 2 days

                                             = $400

  • But, salary is an expense, and in the accounts an increase in expense account is debited.
  • According to the rule of double entry, an increase in salaries expense decreases the salaries payable. Therefore, we debit salaries expense account and credit salaries payable account.
  • Therefore, the month-end adjusting entry to record the salaries earned but unpaid would be;

    Debiting salaries Expense $400 and Crediting Salaries payable $400.

3 0
3 years ago
(1) Real-Balances Effect
ozzi

Answer:

(A) 5 and 10.

Explanation:

Factor which can shift the Investment spending:

(5) Profit Expectations

              If the firm forecast a good economy will probably invest more than if it forecast a bad economy. businessman will increase and decrease their investment based on expepectations.

(10) Degree of Excess Capacity

              Assuming a rational behavior, company's will investment if needed. So if there is a portion of unsued capital they will use it before investing to acquire more. Once the current capital is used or near max capacity they will invest. Below a certain threshold they won't.

4 0
4 years ago
Which term identifies the occurrence of the system denying access to someone who is actually authorized?
timama [110]
False negative is the term identifies the occurrence of the system denying access to someone who is actually authorized. It is the inability of a network device to detect real security events under circumstances.  Therefore, not detecting or alerted by any malicious activities. 
5 0
4 years ago
In this scenario, Frankie must consider whether making one choice will force him to give up another.
aksik [14]
Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
5 0
3 years ago
Read 2 more answers
Space travel is an example of a rapid skimming strategy.<br><br><br> False<br><br> True
White raven [17]

Answer:

<em>False</em>

Explanation:

I jus got it right on the assignment.

5 0
3 years ago
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