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Digiron [165]
3 years ago
8

Steven is an effective and efficient manager. however, he is quite pessimistic and avoids social interactions. steven can be cla

ssified as an ________.
Business
2 answers:
attashe74 [19]3 years ago
8 0
Introvert I believe this is correct?
dusya [7]3 years ago
8 0
I also believe the answer is "introvert".
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A negative externality or spillover cost occurs when Multiple Choice the price of a good exceeds the marginal cost of producing
Mekhanik [1.2K]

A negative externality or spillover cost occurs when  the total cost of producing a good exceeds the costs borne by the producer.

  • Spillover costs, commonly referred to as "negative externalities," are losses or harm that a market transaction results in for a third party. Even though they were not involved in making the initial decision, the third party ultimately pays for the transaction in some way, according to Fundamental Finance.
  • An incident in one country can have a knock-on effect on the economy of another, frequently one that is more dependent on it, known as the spillover effect.
  • Externalities are the names for these advantages and costs of spillover. When a cost spills over, it has a negative externality. When a benefit multiplies, a positive externality happens. Therefore, externalities happen when a transaction's costs or benefits are shared by parties other than the producer or the consumer.

Thus this is the answer.

To learn more about spillover cost, refer: brainly.com/question/2966591

#SPJ4

6 0
2 years ago
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $35,5
torisob [31]

Answer:

The answer is $38,500

Explanation:

Operating activities: Cash generated or used to run the day-to-day business operations.

Investing activities: Cash used for investing in assets like securities, bonds, equipment, or proceeds from these assets.

Financing activities: Cash generated from loan and/or payments made to reduce loan balances

Ending cash balance = Net Cash from operating activities + net cash from investing activities - net caash from financing activities + Beginning cash balance

Ending cash balance = $35,500 + $13,000 - $16,500 + $6,500

$38,500

6 0
4 years ago
Easy ways to learn BRS​
Furkat [3]

Answer:

BRS is a Bank Reconciliation Statement:

1. COMPARE THE DEPOSITS

Match the deposits in the business records with those in the bank statement. Compare the amount of each deposit recorded in the debit side of the bank column of the cashbook with credit side of the bank statement and credit side of the bank column with the debit side of the bank statement. Mark the items appearing in both the records.

2. ADJUST THE BANK STATEMENTS

Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.

Deposits in transit are amounts that are received and recorded by the business but are not yet recorded by the bank. They must be added to the bank statement.

Outstanding checks are those that have been written and recorded in cash account of the business but have not yet cleared the bank account. They need to be deducted from the bank balance. This often happens when the checks are written in the last few days of the month.

Bank errors are mistakes made by the bank while creating the bank statement. Common errors include entering an incorrect amount or omitting an amount from the bank statement. Compare the cash account’s general ledger to the bank statement to spot the errors.

3. ADJUST THE CASH ACCOUNT

The next step is to adjust the cash balance in the business account.

Adjust the cash balances in the business account by adding interest or deducting monthly charges and overdraft fees.  

To do this, businesses need to take into account the bank charges, NSF checks and errors in accounting.

Bank charges are service charges and fees deducted for the bank’s processing of the business’ checking account activity. This can include monthly charges or charges from overdrawing your account. They must be deducted from your cash account. If you’ve earned any interest on your bank account balance, they must be added to the cash account.

An NSF (not sufficient funds) check is a check that has not been honored by the bank due to insufficient funds in the entity’s bank accounts. This means that the check amount has not been deposited in your bank account and hence needs to be deducted from your cash account records.

Errors in the cash account result in an incorrect amount being entered or an amount being omitted from the records. The correction of the error will increase or decrease the cash account in the books.

4. COMPARE THE BALANCES

After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.

Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books

Explanation:

4 0
3 years ago
As idle time gaming, inc.s business and product lines continue to grow, it wants to limit the need to build additional space to
FrozenT [24]
<span>The answer to this is that the company has strategically decided to adopt <u>“telecommuting”.</u></span>  

Telecommuting is the general term used which refers to working at places outside the office which is usually at home using the internet, email, or telephone.

<span> </span>

5 0
3 years ago
or each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington
ra1l [238]

Answer:

Bloomington Inc.

Indication of Liability Amount on the Balance Sheet at December 31, 2019:

Situation            Liability Amount

a.                        $220,000

b.                        $0

c.                        $3,100

d.                        $0

Explanation:

For Bloomington to recognize a liability or record it in its financial statements, the probability that an outflow of economic resources will occur in the future must be established.  Bloomington must also be able to reliably measure the amount of the liability.  These two conditions are satisfied in situations A and C.  For situation B, the contract is not in force as at December 31, 2019, since the drill press will be purchased in January, 2020.  Lastly, for situation D, the amount of the profit-sharing bonus cannot be reasonably and reliably ascertained because the amount to apply the 5% is not clear or known.

8 0
3 years ago
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