If on february 2, miles inc. Pays $800 to purchase a one-year insurance policy. No miles did not make the proper accounting entries.
Insurance policy can be defined as a coverage that help to cover cost incase of unforeseen circumstance.
Based on the scenario mile did not makes the proper accounting entries based on the following:
Prepaid insurance is not an expense but an asset.Hence, the company should have offset the decrease in cash of the amount of $800 and $800 increase in prepaid insurance into an asset account.Therefore miles did not make the proper accounting entries.
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Pam has been a secretary for two years and is now debating whether to go back to school to earn a professional accounting degree. What should she consider?
The costs and benefits of earning the degree
O The benefits only as related to salary
O The degree tuition cost only
O The number of credits needed
Pam should consider the costs and benefits of earning the degree that will give the benefits in the near future, so Pam should go back to school to earn a professional accounting degree.
What is a professional degree?A professional degree is determined as a degree that evaluates the precocious education and that education is planned to ready the students to work in a particular field.
In the given case, Pam should weigh the costs and benefits of pursuing a degree that will provide immediate rewards, and she should return to school to pursue a professional accounting degree.
Therefore, option A is correct.
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The two purposes that are reflected by the burden-on-commerce doctrine and nondiscrimination principle implied by the Commerce Clause are: ___________ and ___________. (Choose two correct answers.)
The two purposes that are reflected by the burden-on-commerce doctrine and the non-discrimination principle implied by the commerce class are blocking state protectionism and ensuring free interstate.
What is Commerce?Commerce refers to the activity of buying and selling on a large scale and involving transportation from one place to another.
Blocking state protectionism and ensuring free interstate are the two purposes that are reflected by the burden-on-commerce doctrine and nondiscrimination principle implied by the commerce clause.
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In a market economy, competition is a crucial requirement. what is one benefit to fostering competition in an economic system?
it gives consumers more choices in the quality and price for things they want to buy.
it causes higher prices, so businesses make a higher amount of profits.
it limits the freedom companies have to create new products.
it never requires any outside assistance from the government.
In a market economy, competition is an important responsibility. The benefit to fostering competition in an economic system is that it affords consumers more choices in the quality and price of belongings they want to purchase.
What is a market economy?A market economy is defined as those economic systems where the price communications constituted by supply and demand force judgments about production, investment, savings and distribution to consumers.
In this system, all providers and consumers are open-ended by price regulations or contract freedom. Competition is an essential element of a that economy.
The advantage of increasing competition in an economic system is that it provides consumers with more options in terms of the quality and pricing of the goods they want to purchase.
Therefore, option A is correct.
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Answer:It gives consumers more choices in the quality and price for things they want to buy.
Explanation:
In addition to creating a comfortable and welcoming banking environment, umpqua bank also strives to create a positive ____________ for its customers through its personal interactions with them, which keeps customers coming back.
Answer:
environment brainliest please
Explanation:
Keith was put on probation for a string of customer complaints about his poor service and professionalism. his supervisor was using ________ power.
Answer: Coercive power
Carter tried to fix the economy through __________________ and __________________ . He created the __________________ and asked Americans to reduce their consumption because of their dependence on __________________ .
Carter tried to fix the economy through increased government spending and decreased taxes. He created the raised interest rates and asked Americans to reduce their consumption because of their dependence on the Department of energy and imported oil.
Who was Carter?
Jimmy Carter was an American president who worked as 39 president of America from the year 1977 to 1981. He mainly worked for the end of injustice and the development of the future.
He tries to improve the economy while increasing government spending to provide opportunities for employment and raising interest rates to earn high taxes for growth and developing infrastructure and reducing consumption.
Carter aided in the negotiation of the Camp David Accords, a historic peace agreement between Israel and Egypt in 1978.
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Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.
This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".
Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.
Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.
Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.
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Jon recently relocated to Canada from Greece. Jon is surprised to see how much emphasis is placed on employee involvement in decision-making in his new workplace. According to Hofstede Value Dimensions, Canada is
Canada has Individualism (IDV) as the very best ranking (80) Hofstede Dimension and is indicative of a society with a greater individualistic mindset and comparatively free bonds with others.
How Hofstede Values can be related to workplaces?According to Hofstede, Canada's rankings are pretty excessive on individualism and indulgence, fairly excessive with recognition of masculinity and uncertainty avoidance, and incredibly low with regards to power distance and long-time period orientation.
Thus, Canada has Individualism (IDV) as the very best ranking (80) Hofstede Dimension and is indicative of a society with a greater individualistic mindset and comparatively free bonds with others.
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Which of the following is a benefit of using storyboards? (select all that apply)
a. they do not use images
b. they help team members remember the sequence of a project's phases
c. they help with the planning stage
d. they usually do not take very much time to make
e. they help with the final draft stage
f. they can be a good way to communicate a project's stages
answer: B, C, F
The storyboards help maintain the sequence of any stage of a project and develop a communication among the team members to implement the plan in a better way.
What are the uses of storyboards?Storyboards are influential and immensely beneficial to an organization in the different stages of a project. Beginning from the planning stage, and establishes a coordination and communication among the team members.
Hence, options B, C and F hold true regarding the storyboards' benefits.
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When diagnosing a clutch problem, Technician A says the first steps are gathering as much information as possible from the customer. Technician B says the first step is performing a visual inspection. Who is correct
The Technician A is correct because the gathered information from the driver will give them an insight of the clutch problem.
What is a vehicle clutch problem?This mechanical problem involves difficulties in changing the vehicle's transmission.
Hence, the Technician A is correct because the gathered information from the driver will give them an insight of the clutch problem.
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Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a __________ team.
Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
Who are project team?This are group of individuals in charge of a particular project in an organization.
They work together as a team to achieve a particular goal.
Therefore, Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
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Those directly responsible for achieving the organization's production goals by issuing orders and enforcing discipline are ______ managers. Multiple choice question. line production staff
Those directly responsible for achieving the organization's production goals by issuing orders and enforcing discipline are line managers.
Why are the line managers important in an organization?A line manager is very essential in an organization because they are responsible for overseeing employees so as to fulfill business goals.
These managers are the main point of contact, responsible for achieving the organization's production goals stands between management and the outside the organization.
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What is the process for adding a text box on a slide?
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☁️ Question ☁️
What is the process for adding a text box on a slide?
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☁️ Answer ☁️
1. On the Home tab, under Insert, click Text.
2. On the pop-up menu, click Text Box.
3. On the slide, click the location where you want to add the text box.
4. Type or paste your text in the text box.
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The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11,200 gallons of direct materials that actually cost $42,400 were used to produce 6,000 units of product. The direct materials quantity variance for last month was:.
The direct materials quantity variance for last month was: $3200 favorable.
Direct materials quantity varianceUsing this formula
Direct materials quantity variance=(Standard units - Actual Units) × Standard price per unit
Let plug in the formula
Direct materials quantity variance=[(6000 × 2) × 11200]× $4
Direct materials quantity variance= $3200 favorable
Therefore the direct materials quantity variance for last month was: $3200 favorable.
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A customer purchases materials for $1200 with payment due in 30 days.
After 20 days $200 worth of the material is returned because it is damaged what amount is entered in the debit column of the customer's ledger file?
A. $1,400
B. $1,000
C. $200
D. $1,200
Based on the explanation below, the amount that will be entered in the debit column of the customer's ledger file is D. $1,200.
Effect of credit sales and sales returns on customer's ledger fileIt should be noted the purchase by the customer is a credit sale to the seller.
In the book of the seller, the $1,200 is entered in the debit column of the customer's ledger file immediately after the customer purchases materials of $1200.
However, since the effect of sales return is to reduce the total amount of sales made to a customer, $200 will be entered in the credit column of the customer's ledger file after the return.
Therefore, $1,200 is entered in the debit column of the customer's ledger file.
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HELP
Question
Q. To properly manage your checking account you should do which of the following?
A.Update your transaction register regularly to include all checks, ATM withdrawals, and debit card purchases.
B.Balance your checkbook daily using the most current information about your account by phone, ATM, or online.
C.Promptly review your checking account statement every month.
D.All of the above
Discuss the best way to receive constructive criticism from a superior.
Answer:
Stop Your First Reaction. ... Remember the Benefit of Getting Feedback. ... Listen for Understanding. ... Say Thank You. ...
Explanation:
Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all ___
Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
What is Reverse budgeting?Reverse budgeting is a type of budget system where the business owner sees himself as a staff and pays himself first.
The money left is can then be divides to manage other business operations and saving.
Therefore, Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
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Select all that apply.
Why do countries develop economic systems?
a)to provide economic assistance to all citizens
b)to decide how to handle the issue of scarcity
c)to protect industry from trade
d)to help make decisions concerning what, how, and for whom things are produced
e)to prevent monopolies from taking over the market
b ) to decide how to handle the issue of scarcity.
d) help make decisions concerning what, how, and for whom things are produced.
e)to prevent monopolies from taking over the market.
Explanation:
Any Country develop its economic system to handle the issue of scarcity i.e lack of resources. To achieve this end to ensure economic strength handling issue of scarcity of citizens is important. Economy also concentrates goods and products how, what and who will produce things in the market.It also prevent other markets to taking over control of the country's economy.2. m&j does not have a formal management approach to managing the employees. some low-level employees
are paid more than higher-level employees because they have been with the company longer; others are given
extra time off without any explanation. employees who are not managers often direct other employees but
won't deal with conflicts because they say it isn't their job. some employees are clearly not motivated to do
what needs to be done to make m&j as successful as it could be. in your response:
M&J need to bring efficiency in the level of their employee management to be able to maintain formal office behavior.
How to make employee management efficient?The management of workforce by way of standardization and classification of pay by class division is one of the ways to do efficient management.
There must be proper management regarding resolving the grievances of employees with respect to their salaries and modes and methods of payment.
Hence, the steps to improve the efficiency of employee management are aforementioned.
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The target firm determines its liquidation value and the present value of its relevant stand alone cash flows and selects the higher value. This is the target's Select one: a. maximum acceptable price b. minimum acceptable price c. neither A nor B
Minimum acceptable is the target's. As the target firm determines its liquidation value and the present value of its relevant stand alone cash flows.
What is liquidation value?Liquidation value is the value which a firm get after the deduction of the assets and liability in the financial report. If the business will sold, the value which a firm gets after selling all of its assets is the liquidation value of the company.
Thus, option B is correct.
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Your classmate Reggie says, “I don’t believe in this ‘communication style’ stuff. Why would you say things in different ways to different people? That’s dishonest.” Explain to Reggie why being able to alter communication style is important in the business world.
Reggie needs to understand the importance of communication style in our lives. Everyone has a unique style of communication, the way they communicate and share information with others.
What is the importance of different ways of communicating?Communication style can have a big impact good or bad on your ability to lead teams and organizations. Improving the ability to adapt your style to meet your team's needs will help create a positive outcome for the company.
There are four basic types of communication: inactivity, aggression, inaction and aggression. It is important to understand each communication style, and why people use it.
Thus, this is the importance of Communication style.
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Molly exchanges land (adjusted basis of $85,000; fair market value of $78,000) used in her business and common stock held for investment (adjusted basis of $10,000; fair market value of $15,000) for a single parcel of land (fair market value of $93,000) to be used in her business in a like-kind exchange. What is Molly's recognized gain or loss
If Molly exchanges land (adjusted basis of $85,000. Molly's recognized gain or loss is $5,000.
Recognized gain or lossBusiness Common Land Stock
Amount realized $78,000 $15,000
Less Adjusted basis ($85,000) ($10,000)
Realized gain(loss) ($7,000) $50000
Recognized gain(loss) $0 $5000
Therefore If Molly exchanges land (adjusted basis of $85,000. Molly's recognized gain or loss is $5,000.
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Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how _______ influence marketing decisions.
Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.
What is marketing?Marketing involves various processes put together for sales and distribution of a particular products.
It involves strategic planning also consideration of the target market.
Therefore, Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.
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What is a risk management strategy you could use to
protect your home?
Buying a home security system
Installing front porch cameras to monitor your
home
Purchasing reflective clothing to wear while biking
at night
A and B
While protecting a house, the risk management strategy that can be used by an individual is
to set up a security system the installation of cameras at the front door and porch of the house.Options A and B is the correct answer.
What is risk management?Risk management is a process where a person tries to mitigate the risks in every possible way.
The risk management strategy which can be utilized by an individual for protecting his/her house is to put a security system like handprint locks, alarms, etc. which will alert the individuals of the house if any criminal or thief tries to enter the house. Another way is to install the hidden cameras outside the house, especially at the entrance, which helped the individual to track the activities going outside the house.Therefore, the individuals can protect their homes by installing the cameras on the front door and setting up a security system that could be used as a risk management strategy.
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direct labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
Answer:
Explanation:
irect labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
Company culture is driven by the ability of employees to:.
Company culture is driven by the ability of employees to interrelate with each other.
What is company culture?This is the way and manner at which individual in the company behave and interact with each other.
There is cross-cultural interaction to enhance progress in a given task.
Therefore, Company culture is driven by the ability of employees to interrelate with each other.
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THIS IS FOR EDGE BUSINESS TECH PLEASE ANSWER ALL QUESTIONS (6) !!
1. Describe two trends that you've noticed (either demographic, invention/technology, lifestyle, or style/entertainment) and explain how each one might generate a small business opportunity. (1-6 sentences. 4.0 points)
2. Make a list of at least 5 business ideas that interest you. Then explain which one you think is the best opportunity for you. Give at least 3 reasons why this opportunity is better for you than the others. (2-6 sentences. 3.0 points)
3. Visit the Web site for a well-known company, and find the section that states its mission. What is the company's mission? How does the mission relate to the type of products the company sells? Did anything surprise you about the mission? Why or why not? TIP: If the company's Web site doesn't describe its mission, choose a different company. (1-5 sentences. 3.0 points)
4. Visit the Web site for a different well-known company, and find the section that lists the company's values. What are the company's values? How do they relate to the products the company sells? Did anything surprise you about the company's values? Why or why not? TIP: If the company's Web site doesn't describe its values, choose a different company. (1-5 sentences. 3.0 points)
5. Do a SWOT analysis for the business idea you chose in question 2 above. Describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea. (1-8 sentences. 4.0 points)
6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
Marketing trends for the current market are related to innovation, such as the digital market, with the sale of infoproducts through influencer marketing.
What is influencer marketing?It is an approach on the rise that originated due to the sharing of information on digital platforms. It consists of strategies for engaging a person on the internet, generating trust in their opinion about a product and brand, promoting it.
Based on influencer marketing, some business ideas that can be profitable in today's market are:
Selling online coursesDigital marketing consultancyDigital influencerDigital designerMarketing agencyTo stand out in a competitive and globalized market, it is essential that the company develops its values and mission in line with its objectives and promoting the brand's socio-environmental responsibility.
Therefore, the use of marketing tools such as SWOT analysis will help an organization to be positioned in the market, by expanding the vision of the micro and macro environment.
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A debt instrument with no ready market is exchanged for property whose fair market value is currently indeterminable. When such a transaction takes place:______.
a. the present value of the debt instrument must be approximated using an imputed interest rate.
b. it should not be recorded on the books of either party until the fair market value of the property becomes evident.
c. the board of directors of the entity receiving the property should estimate a value for the property that will serve as a basis for the transaction.
d. the directors of both entities involved in the transaction should negotiate a value to be assigned to the property.
Jessica is currently a freshman in college who wants to work for the health, safety, and environmental management career pathway. which best describes the path she should take to give her the typical education for her goal? jessica should get her bachelor’s degree and try to intern with a brownfield redevelopment specialist. jessica should get her bachelor’s degree and work as a taxi driver to meet people in the industry. jessica should get her associate’s degree and try to intern with an occupational health and safety specialist. jessica should get her associate’s degree and work as a travel clerk to meet people in the industry.
Answer:
The answer is A. Jessica should get her bachelor’s degree and try to intern with a brownfield redevelopment specialist.
Explanation:
Brownfield Redevelopment Managers help make contaminated lands reusable. So, that would fall into the Health, Safety, and Environmental management career pathway. It's not C because you would need to have a Bachelors degree to be a Health and Safety specialist. The other options are self explanatory.
Answer: the answer is A
Explanation:
I hope this helps: )))
