A. Affordability of Retirement
Answer:
C. adjust the balance in the firm's checkbook to reflect the data that appears in the bank's records.
Explanation:
The bank reconciliation statement is prepared by the firm to reconcile the balance stated by the bank and that recorded in the firm's books. The bank balance in the firms books may differ from that recorded by the bank. The reasons for this is usually due to the recognition of some transaction by the firm that are yet to be recognized by the bank or transactions recorded by the bank, yet to be recognized in the firm's book.
Examples of such are unpresented cheques, uncredited lodgements etc. The difference are usually said to have arising as a result of a timing difference in recognition of transactions impacting the firm's account with the bank by both parties.
Considering the options;
A. is not right as the cheque has been returned. This will result in a difference between the book balance and the bank balance as the bank would not record the cheque but this would have been recorded by the firm.
B. The bank must have had a legitimate reason for returning the cheque. As such the cheque has to be honored first by the bank before being recognized. In light of this, option B is not right as the difference in balance per bank and per the firm would not have been corrected
D. Since the cheque has been returned by the bank, it is no longer outstanding as the cheque is no longer with the bank and as such it is known to the firm that the transaction for the cheque has failed to pull through.
C. With the cheque returned already, meaning it is no longer issued, necessay adjustments should be made in the firm's checkbook to reflect the data that appears in the bank's records.
Hence Option C is the appropriate action to be taken by the firm.
Answer:
D. A particular action may have different consequences in different situations.
Explanation:
The Contingency anchor theory is of the opinion that different actions and decisions would have different consequences when applied in different situations. So, for organizations seeking solutions to their problems they need to take into account the peculiarities of the problems and apply solutions that are applicable to them.
So the proponents of organizational behavior under the contingency anchor, believe that there is no universal solution to every problem. Organizations must be willing to adapt to the different circumstances that arise as a result of the complexities in the work setting.
<span>Banks pay pay interest on a daily basis compounded 365 days a year. They would have paid interest on $200 for the first half of the month and $100 for the second half of the month. This averages out to $100. If this is a homework question, then the answer is $150. AVERAGE OF BOTH HALF YEARS = (200+100)/2 happens to = $150,</span>
Answer:
The correct answer is letter "A": functional.
Explanation:
Functional changes are implemented in products to improve the benefits of an existing good or service or to fix a recurrent problem the same product used to have. In the case of Sony's design for the new plasma television, it would allow the television's remote control to be easier to use, improving the consumer experience with the good.