Which type of committees handle recurring tasks in an organization?A:task forceB:standing C:ad hocD:generic

Britney, a teenager, starts her own business of selling cupcakes to coffee shops and restaurants. she strives to increase either

Orlov [11]

What the case in the question describes in terms of what Britney’s pricing objective is called sales-orientation. Sales-orientation means that the business approach is to make profit by focusing on persuading people to buy their products instead of understanding what the customer actually requires.

The contrast to this approach is called market orientation, where the business seeks to understand what the customer wants and needs and believe that the answer to this would mean increased profits and revenue for the company.

4 0

4 years ago

Pharoah Company began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It ha

abruzzese [7]

Answer:

1.At July 31, the company owed employees $1,100 in salaries that the company will pay in August.

July, 31

DR Salaries Expense.................................................$1,100

CR Salaries Payable.................................................................$1,100

(To record accrued salaries expense)

2.On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.

July entry would be;

July 31,

DR Interest Expense ................................................$200

CR Interest Payable ............................................................$200

(To record interest accrued for the month)

Working

= 20,000 * 12%/12 months

= $200

3. Service revenue unrecorded in July totaled $3,000.

July 31,

DR Accounts Receivable .......................................$3,000

CR Service Revenue ...............................................................$3,000

( To record unrecorded Service revenue.)

3 0

3 years ago

Often, it is difficult to name a home country for a(n) ________ business

velikii [3]

Small business is difficult in the economy because its self made

8 0

3 years ago

During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 we

Norma-Jean [14]

Answer:

The correct answer is:

Expenditures—2017 in the amount of $200. (C.)

Explanation:

This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?

This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.

5 0

3 years ago

The GLBA gives customers the right to opt out of information sharing, and banks must provide customers with a reasonable opportu

Diano4ka-milaya [45]

Answer:

C) Asking the consumer to write his or her own letter to exercise that opt out right

Explanation:

The whole purpose behind the Gramm-Leach-Bliley Act (GLBA)was to allow customers the right to easily opt out of information sharing by the banks. That means that the banks are required to provide an easy way for a customer to do so, and writing your own letter might be easy for some people, but very difficult for others.

It is much easier to do it by phone, or by simply mailing back a detachable form. If the client knows how to use internet and emails properly, then the bank must provide an easy option to opt out through an email or an option that can be found in the bank's website.

7 0

3 years ago