Answer:
C.Prepaid Insurance
Explanation:
Prepaid Insurance is the insurance amount paid in advance, so that company has a receivable because amount is not due yet. It will charged to expense account with the passage of time. Notes Payable, Unearned Revenue, Owner Withdrawals are classified as liabilities and capital contra accounts. So correct option is C. Prepaid Insurance.
Answer:
Countertrade
Explanation:
Definition of countertrade is international trade by exchange of goods rather than currency
Answer:
This is a case of low moral intelligence,option A.
Explanation:
Moral intelligence is the ability to differentiate right from wrong as well as acting based on what one thinks is right.
Moral intelligence is a function of one's uprightness and envisaging the consequences of an action.
All in all, the top executive should have known that the information about his stock performance is a classified information not meant for everyone's consumption,hence his moral intelligence at the lowest ebb.
Answer:
The correct answer is (B)
Explanation:
Assurance refers to financial inclusion that gives compensation for goods and service. Assurance is partially different than insurance, assurance is partially implemented for an unlimited period. The company wants assurance because of the lack of confidence due to bad past experience. Assurance or insurance is usually provided to the customers to regain their confidence. In this scenario it is feasible to request a guarantee before placing next order.
