Answer:
The correct answer is letter "B": False.
Explanation:
The flow-down in management represents the activities executives perform when each individual department establishes their objectives and they are reported to the next level in the hierarchy department so the manager of that department approves or modifies it to align the overall organization's goals.
Setting the corporation's vision and mission is not part of this approach.
The negative impacts of E-commerce includes privacy, security,price wars, returns of products and Complaints. E-commerce allows convenient methods to pay online. However, there is a risk of Security.
<u>Explanation:</u>
There are many negative impacts of E-commerce although it is a easier way of buying and selling items. Some of the negative impacts of E-commerce includes privacy, security,price wars, returns of products and Complaints. It will be very easy to gather private information about any person who uses an E-commerce website.
Al though the payment process in E-commerce website is more easier and convenient there are also many risks associated with this. There wont be any knowledge of whether the proper authenticated user is making the payment. There are also many risk of taking the account related details when there is no adequate presence of security measures in the websites where online transactions are made.
Answer:
A. increases the balance of an expense account
Explanation:
The following effect can be shown through an example -
If we increase the credit portion of an adjusting entry to increase the balance of a liability account, the effect of the debit portion will be an expense.
For example -
When wages expenses incurred but not paid, at that moment, a liability will increase due to that effect. The journal entry to record that transaction is -
Wages expense Debit
Wages payable Credit
Therefore, the adjusting entry increases the liability as well as the expenses.
Answer:
having to make a down payment..
Answer:
The correct option is C
Explanation:
Income statement is the one which states the core financial statements of the company which shows the profit and loss. And the profit and loss statement states the ability of the company for generating sales, create profits and manage expense.
It is that statement which to be prepared first, as in prepared before the retained earnings statement and the balance sheet statement.
