Answer:
Statement which doesn't describe a trail balance is: Option A: Proves that all transactions have been recorded.
Explanation:
A Trial balance lists the accounts and their balances. It is like an internal control made by the accountants to check general ledger's accuracy. It extracts the list of debit and credit balance from the ledger and adds them. They should be equal else some error has been made. These errors might be human. It doesn't prove that company has recorded all its transactions.
So, all statements are correct describing trial balance except Option A.
Answer:
If you would like to start a company with decentralized decision making regarding day-to-day operations, but a central body of managers provides help with branding, training, and even resources and help to set up and operate the business, you might BEST consider A decentralized management structure.
Explanation:
A decentralized management structure is one in which decision-making authority is delegated to the lower level throughout the organization rather than limiting it to a few top executives. Under a strong decentralized organization, the lower level managers and employees have power to make decisions.
With this management structure in place, there is:
- Increased expertise at each division,
- Faster turnaround time in decision making
- Time and cost effectiveness for top level management
- Increased motivation due to mass participation.
Answer:
I don't there should be a problem with celebrities weighing in on politics.They are human right? I mean everyone has the right to say who they want to vote for. The only problem there might be is celebrities may impact the views of younger adults before they even know the people running and the opinions.
Explanation:
Answer:
$20,000
Explanation:
The problem simply asks for Eng's initial capital balance in Cor-Eng partnership and it is just Eng's <u>contributed cash of $2,000</u> to form the partnership.
No need to dwell on the other amounts. Just focus on what was being asked and you'll not get lost ^_^
The purpose of the Federal Reserve cutting interest rates during a recession is to encourage borrowing (borrowing becomes cheaper) and in this way especially for companies they may spend more money then on improvements, new products etc so the economy theoretically will be stimulated to counteract the recession.
