Answer:
it is representative of the characteristic of
D) reliability.
Explanation:
One of the key issues is the reliability of the decisions made. This is a problem that is often overlooked due to the large increase in the amount of data processed by those systems, forcing designers to focus on the efficiency of the systems.
Answer:
D. an incidental beneficiary.
Explanation:
These are the options for the question
A. an intended beneficiary.
B. a promisee.
C. a promisor.
D. an incidental beneficiary.
From the question we are informed about Apps LLC who enters into a contract with Birk, the chief executive officer of Corporate Sales Inc., to create an app for the firm. To fulfill the contract, Apps hires Dave as a student intern. In this case With respect to the app contract, Dave is an incidental beneficiary. A contract can be regarded as an agreement that exist between two parties and It is legally back up. An incidental beneficiary from this contract can be regarded as the third party that just get some benefits from a contract that exist between two other parties in an agreement, even though the benefits the third part gets is not intended to get it, and there is no legal right for the third party as far as the contract is concerned.
Answer:
(1) $2,720
(2) $2,220
Explanation:
Given the following sequence:
300 units at $6, 400 units at $7 and 200 units at $8
(1) FIFO method
Ending inventory = 360 units
Cost of ending Inventory:
= 200 units at $8 + 160 units at $7
= 200 × $8 + 160 × $7
= 1,600 + 1,120
= $2,720
(2) LIFO method
Cost of ending Inventory:
= 300 units at $6 + 60 units at $7
= 300 × $6 + 60 × $7
= 1,800 + 420
= $2,220
12. Which of these was a criticism of Bush's No Child Left Behind Act?
Answer:
The journal entry to be recorded by Jervis on June 28 is shown below:
Explanation:
The journal entry to be recorded by Jervis on June 28 is as:
On June 28
Cash A/c......................................Dr $5,539
Credit Card expense A/c........Dr $ 261
Sales A/c............................Cr $5,800
Being record the deposit of amount on Sales by Jervis
As the amount is deposited on sale which means cash is coming into the bank, and any increase in cash is debited. So, the cash account is debited. And on the amount expense is charges, the charge is also debited. Therefore, the credit card expense is debited. And the sales is made, so, the sales account is credited.
Working Note:
Credit card expense = Sales amount × Charge
= $5,800 × 4.5%
= $261
