<span>Henry Company should record the rent expense on August 2. Although the check was prepared on July 25 and mailed on July 27, it should not be recorded until the check is actually cashed.</span>
Answer:
Option B
Explanation:
Option B:
Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.
Answer:
Petty cash refers to a certain amount, which is kept by the company to spend it on small items related to the business.
Explanation:
The Journal entry is given below:
Answer:
I) Most are invested in fixed-income portfolios.
IV) The portfolio is fixed for the life of the fund.
Explanation:
Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.
Answer:
double-blind experiment
Explanation:
A double-blind experiment is one in which both the experimenter and the subjects don't have knowledge of which treatment is given to which participant.
The aim of this method is to avoid bias especially from demand characteristics (experimenter expectation) and placebo effect (perception of benefit from an ineffective substance).
Double-blind experiment is used when CureAll develops a new drug to treat restless legs syndrome, and test the drug's efficacy is designed in such a way that neither the experimenter administering the drug or participants knows which drug is administered.