Answer:
B. Natural resources
Explanation:
The assets which are consumed physically and are productive also is come under the natural resources. The example of natural resources includes mineral deposits, coal mine, iron, etc. It is also known as wasting an asset. These are considered as long term assets
In the case of the natural resources, the depletion expense is charged, not the depreciation or amortization expense
Answer:
The correct answer is Applied research.
Explanation:
Applied research is that in which the scientific advances of other branches of science are used in order to solve the problems in a specific one. This type of study analyzes the aspects and contrasts the results generated by the new knowledge, where the community in general and the productive sector are an important part.
A short term goal is a a goal that can be accomplished right away
Answer: Note receivable collected by bank in favor of the depositor and credited to the account of the depositor
Explanation:
A bank reconciliation is when the records for a cash account of an entity are been matched to the corresponding information that are provided on a bank statement.
When preparing a bank reconciliation which ends with adjusted cash balance, the note receivable collected by bank in favor of the depositor and credited to the account of the depositor must be added to the cash balance per ledger.
Answer:
flat divisional structure
Explanation:
Generally organizations can be structured in three different ways:
- divisional: the organization is divided into divisions, and each division has its own complete set of resources, e.g. marketing, finance, production, IT, etc.
- functional: the organization is divided into departments, and the people that work at each department share similar sets of skills, e.g. finance department, marketing department, production department, etc.
- matrix: combinations of divisional and functional structures
In this case, Nancy reports to an area director ⇒ district director ⇒ CEO
Since the number of layers between Nancy and the CEO (top management) are rather few, we can assume that this is a flat organization, with very few hierarchical levels. On the other hand, tall organizations have many levels, filled with supervisors and middle managers.
