Answer:
Federal reimbursements are not part of the revenue cycle, the problem lies in revenue.
The problem lies in revenue so its possible that charges are not being generated.
Explanation:
Federal reimbursements are not revenue. These reimbursements are treated separately other than revenue. The charges are not generated because federal funds are not part of revenue cycle.
Let us assume that the company Taylor Industries bought merchandise from X company. Taylor Industries will record Accounts Payable while X company will record Accounts Receivable.
Since Taylor Industries will no longer be able to pay off its Account Receivable, X company will have to write off the Accounts Receivable. Writing off Accounts Receivable can be done in two ways.
1) Allowance method:
Bad Debt Expense xxxxx
Allowance for Doubtful accounts xxxxx
Writing Off Bad Debt:
Allowance for Doubtful Accounts xxxxx
Accounts Receivable xxxxx
2) Direct Write-off method.
Bad Debt Expense xxxxx
Accounts Receivable xxxxx
In the books of Taylor Industries, it must recognize the cancellation of the Accounts Payable from the transaction with X company.
Accounts Payable xxxxx
Other Income xxxxx
Answer:
1. Market control by many small firms.
2. Difficult entry.
3. Mutual interdependence.
Explanation:
An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
1. Market control by many small firms.
2. Difficult entry.
3. Mutual interdependence.
If the previous year did not see more than a five percent increase in these costs, there is no change in the rent, the clause will be the Escalator clause.
<h3>What is a clause?</h3>
It's a particularly precise clause in a legal agreement that refers to a key point of agreement between the contracting parties. A clause establishes the terms wherein the parties will conduct during the terms of the contract.
Terminology in a sales contract that raises your purchase price by a specific amount above competing offers till the offer reaches its maximum price you're ready to pay is called an escalation clause.
This will help to enhance the appeal of an offer, it also informs the seller of the exact amount you're willing to spend. This will also help to negotiate on price to make the deal close.
Therefore, the correct answer will be the Escalator clause.
Learn more about the clause, here:
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Answer:
B. task-oriented leadership style .
Explanation:
Task-oriented leadership style -
It refers to the type of leader, who only target on the goal or project .
This type of leader is referred to as the task - oriented leadership style .
As from the very term, the person is only inclined towards his or her task
There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .
These leader are very consult about the deadline and hence define all the task to get over before the deadline .
There type of leaders are very well organised and clear about the task .
Hence, from the given scenario of the question,
The correct answer is B. task-oriented leadership style.
