One would be getting out of credit card debt.
<span>another would might be having a savings account in case you lose a job.</span>
The name of the document is a notice to proceed.
Answer:
1. The Orange Lily Law Firm
Accrual Basis and Cash Basis:
For the two months, Orange Lily Law Firm would have entered $3,480 instead of recording only $1,160 ($3,480/6) x 2 in the Advertising Expense Account.
2. Safe Home
Accrual Basis and Cash Basis:
If Safe Home had used the Accrual Basis, it would recorded $6,540 ($3,710 + 2,830) as Service Revenue for the year, instead of recording only $3,710.
Explanation:
There are two methods of recording business transactions in accounting. There is the cash basis. This involves making records only in the period that cash flow (either inflow or outflow) takes place.
The accrual basis records business transactions as they occur in a period whether cash was received or paid or not. The concentration of the accrual basis is to match the economic event to the period and not when actual cash event takes place..
Answer:
<em>the Comprehensive Learner Record is designed to support traditional academic programs as well as co-curricular, competency-based education, and mastery-based learning to capture and communicate a learner's achievements in verifiable, digital form. The outcome is an example of a modern, web-friendly learner record, structured yet flexible enough to meet the needs of learners, registrars, and employers. The vision for the CLR is transformative in its potential, beyond providing relevant student competencies and skills. Based on the IMS Global's work in digital credentials, closely following the developing registrar guidance of ACCRA, leveraging the Open Badges standard and those of the W3C, the vision for the Comprehensive Learner Record is a secure, learner-centered digital record for the 21st century. </em>
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Answer: The speed and effectiveness of decision making are enhanced.
Explanation:
Product departmentalization involves dividing the various products produced by an organization into different departments which are supervised by their own managers. An advantage of product departmentalization is that it would ensure that decisions are made faster as each product has its own manager in charge of decision making.
