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3 years ago

Which of the following are traits of successful entrepreneurs?

Business

1 answer:

andriy [413]3 years ago

8 0

Answer:

Self assured and doesn't make the same mistake twice

Explanation:

Hope this helps!

You might be interested in

Which item is an indication of credibility under the standards of ethical conduct?

Kazeer [188]

The best answer for this question would be:

Disclose delays or deficiencies in information, timeliness, processing, or internal controls in conformance with organization policy and/or applicable law

Because it solely relies on the performance of the company and how they act through the laws without any illegal practices.

7 0

3 years ago

The art appreciation society operates a museum for the benefit and enjoyment of the community. During hours when the museum is o

Ksju [112]

Answer:

Deficiency:

There is no method for determining the exact number of members of the Art Appreciation Society that actually enter the museum every day. The person that allows them to enter is the same person that charges the entrance fee.

Recommendation:

Since there are two clerks, one should deal with paying patrons and the other one should be in charge of allowing non paying members of the Art Appreciation Society to enter the museum.

Deficiency:

There is no method that controls and documents the number of paying visitors.

Recommendation:

The simplest and cheapest way to solve this issue is to issue prenumbered tickets to paying visitors.

Deficiency:

There is a chance that the same clerk delivers the cash to the treasurer and goes to the bank to make the deposit. if this happens, there would be no control over the daily proceeds and the money deposited.

Recommendation:

One of the clerks should be in charge of delivering the daily proceeds to the treasurer, and the other one should be in charge of going to the bank with the treasurer. Probably the best alternative would be that the clerks change tasks every week, e.g. one week clerk 1 delivers the cash to the treasurer, next week clerk 2 should do it.

4 0

4 years ago

Last week, Saturn Tide a U.S.-based energy firm, entered into an agreement with another party to exchange currency and execute t

Artist 52 [7]

Answer: Hedging

Explanation:

Hedging is the term which is used to determining the risk management system and also eliminating all the uncertainty element from the given situation.

The hedging is one of the type of investment process that helps in protecting from the finance related risk and by using this process the people are basically trying protect them from all the negative events.

According to the given question, Hedging is basically using to insure itself from all the foreign exchange risks in the firm . Therefore, Hedging is the correct answer.

3 0

3 years ago

Unemployment benefits are

Nina [5.8K]

Reduced by an amount that is equal to an individual's income from other sources

6 0

3 years ago

At the end of the year the unadjusted balances of Angel Provisions included the following accounts: Sales $ 880,575 Accounts Rec

ANEK [815]

Answer:

The uncollectible accounts expense for the year be $6,075 - $1,718 = $4,357 and the required journals are:

Debit Bad debt expense $4,357

Credit Allowance for doubtful accounts $4,357

(To record bad debt expense for the year)

Explanation:

If all the sales were assumed to be sold on credit to the tune of $880,575, the accounts receivable would increase by that amount and the required journals are:

Debit Accounts receivable $880,575

Credit Sales revenue $880,575

(To record sales transactions on account)

Balance in Accounts Receivable is therefore $111,475 + $880,575 = $992,050 while its cash realizable value will be $992,050 - $6,075 = $985,975.

5 0

3 years ago