The answer is borrowing service or loaning service. Borrowing servicing is the procedure by which an organization gathers intrigue, chief and escrow installments from a borrower. It is a level of each home loan installment made by a borrower to a home loan servicer as remuneration for keeping a record of installments, gathering and making escrow installments, passing essential and intrigue installments along to the note holder, and so forth.
Answer: Prospecting stage
Explanation:
The prospecting stage is one of the first step in the personal selling process which basically used for identifying the efficient consumers and also developed the customer database in the system for the purpose of communication.
The prospecting stage is basically refers to the database, social contacts, various types of trading show that are used for locating the potential consumers according to the requirement.
Therefore, Prospecting stage is the correct answer.
Answer:
Liability needs to be reduced by cash refunds that are made to customers as and when the containers are returned.
Cash refunds = Deposits collected * Percentage returned
Cash refunds = $100,000 * 95%
Cash refunds = $95,000
Date General Journal Debit Credit
Liability - Refundable Deposits $95,000
Cash $95,000
Answer:
A. users should be able to review their records and correct any inaccuracies
.
Explanation:
Once a transaction is noted and recorded in the software, there shall be access to the user only who had recorded the same, as this will provide for security and accuracy both.
If any third party is allowed to have the access to alter the records in the books then that can ruin the principle of maintaining privacy. Also in that case the responsibilities shall not stand to be completed as this calls for sharing responsibilities, and people will blame each other.
Thus, the user shall be alone to make any changes in the data already recorded by him.
Answer:
Total allocated cost= $146.4
Explanation:
Giving the following information:
Julie Stone visited the hotel for a 6-night stay.
Julie had 3 meals in the hotel during the visit.
guest check-in= $8.40 per guest check-in
room cleaning= $21.00 per room cleaning
meal service= $4.00 per served meal
<u>To allocate costs based on the activity, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
guest check-in= 8.40*1= 8.4
room cleaning= 21.00*6= 126
meal service= 4.00*3= 12
Total allocated cost= $146.4
