Answer:
The journal entry is shown below.
Explanation:
According to the scenario, the journal entry for the given data are as follows:
Journal entry
Jul.4 Cash A/c Dr $147
Card charges A/c Dr. $3
To Sales revenue A/c $150
(Being card transaction is recorded)
Computation:
Cash = $150 - 2% × $150 = $147
Card charges = $150 × 2% = $3
If a bank has a positive gap, an increase in interest rates will cause interest income to increase, interest expense to increase, and net interest income to increase.
A bank is a monetary organization that accepts deposits from the public and creates a call for deposit even as concurrently making loans. Lending sports can be immediately done through the bank or in a roundabout way via capital markets.
A financial institution is a monetary institution this is certified to simply accept checking and savings deposits and make loans. Banks also offer related offerings which include character retirement debts (IRAs), certificate of deposit (CDs), currency exchange, and secure deposit packing containers.
Bank, an group that offers in money and its substitutes and gives different money-associated services. In its position as a economic intermediary, a bank accepts deposits and makes loans.
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Answer: Strategic planning
Explanation: In simple words, strategic planning refers to the group of activities performed by the management with the objective of making all the stakeholders work towards the same goal.
It focuses on allocating capital and resources in an efficient manner so that profit could be maximized.
In the given case, when zappos decided to shift their controlling process they somehow changed their resource allocation.
Hence from the above we can conclude that the correct option is B.
Answer:
true ......................
Answer:
The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.
Explanation:
First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.
Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.
Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.
