Answer:
B. Depreciation Expense - Equipment
Explanation:
As according to the matching principle all the revenues should be matched against some expense,
As for the asset called computer is purchased for its consulting services, which will generate revenue, as for that some expense has to be charged against such revenues.
For this the cost of asset is provided as a depreciation expense in income statement, as proportionate to the use of equipment in current year for generating consulting services.
Correct answer is:
B. Depreciation Expense - Equipment
Answer:
larger long-term credit or loan costs
less preparation for emergencies
increased long-term challenges
Explanation:
Personal finance involves planning and managing individual or family financial activities such as income generation, saving, spending, insurance, and investments. The process of managing personal finance is through budgeting and the development of a financial plan.
Personal finance can be done by oneself or with the help of a personal financial manager. The objective is to help one meet both their short term and long term financial goals. Personal finance planning assists one meet expected future expenditures such as retirement while preparing them for unforeseen emergencies.
Answer:
C) Most private and public workers have the right to hold an election to choose what union they want to represent them, if any.
Explanation:
An employee is generally not required to join a union even, in most cases if a union exists and it has an agreement with the employer regarding employees joining it, the most it can do is charge everyone the union fees. This means that the employees are required to pay union fees even if they do not want to join the union. Full union membership cannot be required.
Also, employees are free to decide in an election to what union they want to belong to, or if they want to belong to any type of union at all. E.g. most of the employees from foreign car manufacturers have chosen not to join the UAW union (Toyota, Honda, Mercedes Benz, BMW, etc.).
