Answer:
Both steps give candidates a realistic preview of the job.
Explanation:
When a manager from another restaurant says to you, "I’ve heard that Barcelona has a three-step hiring process. Candidates first have an interview in which Scott does most of the talking, and then they visit Barcelona restaurants and record their impressions. This seems like a lot of work. The basic purpose and logic behind these two steps is to give candidates a realistic preview of the job. With the help of these two steps in which candidates first have an interview with Scott and then visit Barcelona restaurants to get their impressions recorded, candidates can have a realistic, practical and genuine preview of the job. Candidates can come to know about the expectations which they can have from the job and the reality so they will not be surprised and shocked at all if their expectations does not meet the actual job's conditions and specifications.
Answer:
No
Explanation:
The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.
Answer:
a. $29,496
b. $21,996
Explanation:
a. The Computation of budgeted marketing expense for the fourth quarter is shown below:-
Sales units 2,640
(2400 × 110%)
Variable marketing expenses per unit sold $0.15
Total Variable marketing expenses $396
Fixed Marketing expenses $18,000
Salaries ($6,000 × 3)
Depreciation ($2,500 × 3) $7,500
Insurance ($1,200 × 3) $3,600
Total Fixed marketing expenses $29,100
Budgeted marketing expense
for the fourth quarter $29,496
b. Estimated cash payment for marketing expenses for the fourth quarter = Budgeted marketing expense for the fourth quarter - Depreciation
= $29,496 - $$7500
= $21,996
Answer:
C. Trading Securities
Explanation:
Trading securities refer to those securities which are purchased not with the intention of holding them till maturity, but to realize the gains arising as a consequence of short term price movements.
Bonds refer to debt instruments issued by the borrower for raising long term finance whereby the borrower promised to pay fixed coupon rate of interest on timely basis and principal repayment upon redemption.
In the given case, bonds purchased with the intention of selling in the near future with an objective to benefit from short term price movements represent trading securities. The benefit would be in the form of short term capital appreciation.
