An objective of the expense recognition (matching) principle is to have bad debt expense debited in ______.

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Answer 1

Answer:

An objective of the expense recognition (matching) principle is to have bad debt expense debited in ,Nation matching,


Related Questions

Which of the following functions is most closely connected with the FDA? a. Regulating markets and preventing monopolies b. Enforcing truth in advertising c. Protecting the public from unsafe medicines and foods d. Using monetary policy to prevent inflation Please select the best answer from the choices provided A B C D.

Answers

Answer:

C

Explanation:

Answer:

✅ C. protecting the public from unsafe medicines and foods

You've just landed a new job as the chief marketing officer for John Deere, manufacturer of agricultural, construction, and gardening equipment. You want to make sure you're using the best distribution channel strategy for reaching both B2B and B2C sales. In evaluating your company's needs, what do you decide is the best approach

Answers

You are more likely to sell larger quantities of products to a B2B client

Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,500 of its accounts receivable from Leer Company. March 29 Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt.

Required:
Prepare journal entries to record the above transactions.

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Answer:

Check pic* it’s not an answer but it is a reference

Explanation:

Which of the following most directly made possible the ideas described in the excerpt? The emergence of monopolies that dominated entire businesses Answer A: The emergence of monopolies that dominated entire businesses A Innovations including textile machinery, steam engines, and interchangeable parts Answer B: Innovations including textile machinery, steam engines, and interchangeable parts B Farmers’ creation of local, regional, and national organizations that resisted corporate power Answer C: Farmers’ creation of local, regional, and national organizations that resisted corporate power C The significant influence of organized labor unions

Answers

Answer:

innovations including textile machinery, steam engines, and interchangeable parts

Explanation:

Through innovations like textile technology, steam engines, and interchangeable parts, monopolies that controlled the entire industry began to form.

What is a monopoly?

Monopoly is when there is little to no competition and consumers are compelled to purchase a specific good or service from one company when one business and its product dominate an entire industry.

Monopolies are prohibited in free-market systems because they restrict customer options and reduce competition. A monopoly limits the range of available product options and makes it challenging for competitors to enter the market. Monopolies could lead to unethical corporate practices. Certain monopolies, such as those in the power industry, are subject to government regulations.

Antitrust laws are in place in the US to prevent monopolies and ensure that one business cannot control a market and use that control to exploit its customers.

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Aster Technologies Inc., a firm that sells inventory management software, has labor savings of 20% (0.33), a product warranty of five years (0.42), a competitive price (1.0), and no customer callbacks (0.83). Calculate its customer value index (CVI). (Hint: Read pages 144-146)

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The customer value index is 2.58

The labor savings of the firm at 20% = 0.33

The product warranty of five years = 0.42

The competitive price = 1.0

The no call backs = 0.83

In order to get the customer value index, the next approach would be to add up all of the sums together.

0.33+0.42+1.0+0.83 = 2.58

In conclusion the Customer value index = 2.58

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throughout the years, various beer companies have entered and exited the market. anheuser-busch in the 1960s had a little over 10% market share but has grown to about 50%. when anheuser-busch decides to change its prices on beer, the other beer manufacturers do the same. what type of competition-based pricing does this illustrate?

Answers

Answer:

price leader/follower

Explanation:

The type of competition-based pricing used by other beer manufacturer is the Price leadership type of competition-based pricing

Basically, the competition-based pricing refers to price decision-making by a firm which are majorly influenced by the price its dominant competitors of same product.

There are three type of competition-based pricing and includes Price leadership. Predatory pricing and Going-rate pricing.

The Price leadership is a type of competition-based pricing where setting of prices in a market by a dominant company are followed by others company in same market.

Therefore, the type of competition-based pricing used by other beer manufacturer is the Price leadership.

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What are an employees legal rights that would prevent an employee from terminating an employee?

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Employees may not be discriminated against on the basis of race, sex, gender, sexuality, skin color, religion, or any characteristic that is unrelated to their performance of the job.

"Wrongful termination is when an employee is fired illegally. This occurs when an employee is terminated because of discriminatory practices in the workplace, when a company violates public policy in the process of terminating the employee, or when a company's own guidelines for termination were not followed."

In a business process, ________ are defined as collections of related tasks that receive inputs and produce outputs.

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Considering the business undertakings, in a business process, activities are defined as collections of related tasks that receive inputs and produce outputs.

Activities in business involve many processes that include the start and end point to the sales of the products or services.

Business activities usually include the following:

Creating BudgetGrowing SalesMarketing PlanFinancial analysisAccounting operation Customer serviceHuman resources, etc.

Hence, in this case, it is concluded that the correct answer is "Activities."

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A consumer or producer who does not pay for use of a nonexclusive good but expects others to pay is known as a: Group of answer choices free rider. price setter. fringe element. None of these

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The consumer or producer who enjoys the use of a nonexclusive good but expects others to pay is called A. a free-rider.

A free-rider usually expects others to bear the responsibility for their enjoyment or use of a public good. When many people become free-riders, market failure occurs, which is known as the free-rider syndrome.

This syndrome makes it impossible for public goods to be provided. To minimize this free-rider problem, the government or the entity providing the free service or goods should ensure that users pay.

Thus, the consumer or producer who uses a nonexclusive good but expects others to pay is a free-rider.

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True or false: Manufacturer's reps help small firms, or firms expanding into new markets, achieve extensive sales coverage without having to pay for full-time personnel. True false question. True False

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According to business strategy, it is true that manufacturer's reps help small firms or firms expanding into new markets achieve extensive sales coverage without having to pay for full-time personnel.

This is because a manufacturer's rep is responsible for making sales on products made by the manufacturer.

However, while manufacturer's reps help small firms to expand through sales, they only get paid based on commission.

By getting paid based on commission, Manufacturers' reps won't pay full-time.

Hence, in this case, it is concluded that the correct answer is "True."

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When a company sets the date that the final payment is due to the bondholder, they are setting the ________ date.

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The company is setting the maturity date when the final payment is due to the bondholder.

The bondholder is the owner of the debt securities which are issued by companies or governments.

The bondholders are the parties who are lending their money to the bond issuers.

So, the bondholders are entitled to periodic repayment of the bond from the bond issuers.

So, when the Final payment is due to the bondholder, the date is addressed as maturity date because that is when the bond contract lapses unless the repayment is not complete.

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the development of team roles arises from the ______ of the team, the organization, and the team members themselves.

Answers

Answer:Expectations

Explanation:

Explain how a car dealer could create added value to the goods they buy in?

Answers

Answer:

Explanation:

Car dealer:

Attractive show rooms, has a knowledgeable and well dressed car dealer assistants for helping customers, should have top-quality cars that are easily recognized by the customers.

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When Dean, Nate, and Nancy first started thinking about launching a cheese shop in Fort Collins, we took a good period of time to think through the goals that we wanted to accomplish with this small business. We also set in place touchstones (click that if you're not familiar w/ this analogy) by which we would consider major decisions regarding our business model. In short we took time to try and envision, and subsequently plan, what we wanted our business to look like in 5 years. According to class this week, what activity were we engaged in

Answers

Answer:

strategic planning

Explanation:

Danielle belongs to a temporary team that was created to resolve a specific issue and then disband at a later date. Danielle belongs to a _____ team.

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Problem-solving team are known to be people or members of a team from the same department that's involved in efforts to improve work activities. Danielle belongs to a problem solving team.

Members of a problem solving team often share ideas or offer suggestions on how work processes and methods can be improved.

Problem solving is is a vital part of business. It is said as working through difficulties and overcoming challenges. It entails finding solutions helps us to excel and advance forward.

It is known to help company understand the right approach to problem solving and also to work smarter.

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In most cases, the reason products cost relatively little in one country and cost more in another is the Group of answer choices profiteering measures taken by exporting companies. consistency in perception of quality in all countries. inelastic demand of most consumer goods. requirement that all export goods must use set skimmed price. higher costs of exporting.

Answers

The main reason why cost of product is little in one country and more in another is because of

profiteering measures taken by exporting companies.higher costs of exporting.

Cost of exportation of goods, taxes, original product cost, Profit measures are all part of reasons why exported goods are more higher in cost when compared to the cost in producing country.

The company who imported the product will ensure its makes profiton the sales and also, the cost of moving the product into the country are usually high, therefore, they all contributed to the high cost

Therefore, the Option A and E is correct because profiteering measures taken by exporting companies and higher costs of exporting contributes to the higher cost of exported products

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Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.

Answers

Answer:

D. Your debt increases as you use your credit card more

When you make a purchase something with a credit card, you are borrowing money from someone else. This puts you in debt. You will build up more debt from purchases until you pay the total amount due.

Hope this helps :)

Your debt increases as you use your credit card more is the statement best describes the relationship between credit and debt when you use a credit card. Thus, option (d) is correct.

What is credit card?

A bank will issue plastic or metal "credit cards" as forms of payment. When using a credit card, also known as a payment card, charges are made against a line of credit instead of the account holder's cash deposits. The credit card is more convenient as compare to cash.

By using credit card more frequently, the debt grows. They must pay the minimum amount due on credit card each month by the balance's due date in order to use one, at least.

Therefore, option (d) is correct.

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Dew Drop Inn had net revenue of $117,000 in 2020 and $100,000 in 2021. Its fixed assets were $400,000 at the end of 2019, $380,000 at the end of 2020, and $360,000 at the end of 2021. In which year was the fixed asset turnover ratio better

Answers

Based on the fixed assets and the revenue in the years in question, the year with the better fixed asset turnover ratio was 2020.

The fixed asset turnover ratio is calculated as:

= Revenue / Fixed assets

For 2020 it was:

= 117,000 / 380,000

= 47%

In 2021 it was:

= 100,000 / 360,000

= 28%

The year with the higher ratio is the better year and that year was 2020.

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Labeling is important for four specific reasons, including identification, promotional and legal reasons. What is the fourth reason

Answers

Answer:

informational

Explanation:

i know were not suppost to do this but cheeck out quizlit

Labeling is important for four specific reasons that are identification, promotional, legal, and informational reasons.

What is the importance of labeling?

The identification of different batches of products becomes easy through labeling that grabs customers' attention.The promotional activities through labeling are done by providing a description and usability of the product. The legal issues could be eliminated by adhering to proper labeling laws.This gives vital ingredients, manufacturing dates, and other vital information to customers.

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Step 1 of 12 In this lesson you will shop to find the best car that you can afford and figure out whether leasing or an outright purchase is more economical. You have an apartment and a job that provides a steady income. Click Reports>>Bank Statements and write down the ending balance of your most recent bank statement. Click the X button to close the bank statements window. What is your ending balance

Answers

To know if it is better to rent a car or buy it according to a person's income, it is necessary to evaluate different factors.

The first factor that a person must take into account to compare whether it is better to buy a car or rent it is the income that he receives each month. For example:

If a person receives $ 800 a month, his income is low, making it impossible for him to buy or rent a car for a long time.

On the other hand, if a person receives $ 4,000 a month, he has the facility to buy or rent a car according to her/his preference. Some people prefer to rent a car because they do not have to spend money on repairs and other expenses, while other people prefer to buy it to have it for a long time and have it available all the time.

This situation varies according to other factors such as the purchase value of the car, the monthly rental value, the value of the repairs, the value of the fuel, among others.

Note: This question is incomplete because it does not have the complete information.

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Which programs carry out repetitive tasks and can be programmed to make decisions based on specified conditions

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Based on Machine technology fundamentals, the programs that carry out repetitive tasks and can be programmed to make decisions based on specified conditions are "Intelligent agents."

This is because Intelligent Agents is designed to carry out certain functions according to its environment, user input, and experiences.

Intelligent agents is designed with the capability to carry out or gather information on their own.

It can also be programmed to work at a specific time or when the user asks in real-time.

There are various types of Intelligent Agents. Some of these intelligent agents include the following:

Simple Reflex Agents;Model-Based Reflex Agents;Goal-Based Agents;Utility-Based Agents;Learning Agent;

Hence, in this case, it is concluded that the correct answer is Intelligent Agents.

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Ahmed wants to open a small business selling custom bikes, and is looking at ways of raising money. He owns his own house and is considering acquiring a second mortgage. He is also speaking to his bank about a loan and is looking at crowd-funding sites, as he thinks his product is innovative and could attract investors.
- Assess a mortgage, a loan and crowd-funding as sources of finance for Ahmed.

Answers

Explanation:

Mortgages (Pros & Cons)

Defintion-

These are long-term loans, normally around 25 years, that are secured against specific asset, for example a building

Interest will be payable on the mortgage

Pros-

Large amounts of finance can be raise and repaid over a prolonged period of time

Ownership or control is not lost

Cons-

Interest is charged on the amount borrowed

Interest rates can fluctuate

Often secured against an asset which can be seized if repayments are missed

Interest has to be paid regardless of whether a profit is being made

Not suitable for small amounts or as a short-term source of finance .

1. An offer made to one person can be accepted by another.

truth or false?

Answers

Answer:

it depends on what the offfer is

Explanation:

Which document not only helps in a job search but also helps in job advancement?Apart from a job search, a “blank”
also helps in job advancement.

Answers

Answer:

resume

Explanation:

A resume aids the job-seeking process in that it: organizes experiences and skills.

The document not only helps in a job search but also helps in job advancement. Apart from a job search, a resume also helps in job advancement.

What is job?

The term “job” refers to being employed by a particular company. The job creates an opportunity to build a career. A job provides financial support and allows you to gain experience. There are producers, builders, thinkers, and improvers.

A resume assists in the job-search process by organizing experiences and skills. A resume is required for nearly everyone who applies for a job. A brief written account of your schooling, qualifications, and past positions that you send to a company when looking for work. A resume is a legal statement created by a job candidate to list their qualifications for a job.

As a result, the document not only helps in a job search but also helps in job advancement.

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Company D has 4 investors
Investor 1 has 200 shares
Investor 2 has 350 shares
Investor 3 has 725 shares, and
Investor 4 has 975.
Company D had a good quarter and decides not to pay a dividend. Investor 1 decides to sell all shares owned in the company. The investor bought 200 shares for $10/share and the stock is now trading at $25/share. Calculate the net profit/loss for the investor. Remember SMG charges a 2% commission on all transactions.

Answers

Answer:

Explanation:

When the investor bought their 200 shares at 10 bucks it cost them

200*10*1.02= 2040

When the investor sold their 200 shares at 25 bucks it got them

200*25*.98=4900

4900-2040=2860

The transition from high school to college/technical school or an
immediate job is a big change and students often gain new
responsibilities when they progress into adulthood. What responsibilities
do you see yourself having after high school? How will you manage your
time effectively?

Answers

You should see yourself having responsibilities such as rent, time management, bills, taxes, etc

Competition is to be expected in capitalist economies.

True
False

Answers

Answer:

True

Explanation:

Capitalism works because it encourages competition

the return an investor in a security receives is ______ _____ the cost of the security to the company that issued it.

Answers

Securities are known to be fungible and tradable financial tools that are employed to raise capital in public and private markets. the return an investor in a security receives is equal to the cost of the security to the company that issued it.

Three forms or types of securities exist. They are:

Equity: This type of security gives an individual ownership rights to holders.

Debt: This are important loans repaid within a set payments.

Hybrids: this is composed of some aspects of debt and equity.

A Security is commonly described as a financial asset or tool that is of economic importance and can be bought, sold, or traded. Examples are stocks, bonds, options, mutual fund shares etc.

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What do you call to the agreement between the company and the establishment that allows certain staff to charge back the costs and expenses to the company?​

Answers

Answer:

The Service Level Agreement (SLA)

Explanation:

A service-level agreement (SLA) is a contract between a service provider and its customers that documents what services the provider will furnish and defines the service standards the provider is obligated to meet. A service-level commitment (SLC) is a broader and more generalized form of an SLA. The two differ because an SLA is bidirectional and involves two teams. In contrast, an SLC is a single-directional obligation that establishes what a team can guarantee its customers at any given time.

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When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stage of the product life cycle.

Answers

Answer:

maturity

Explanation:

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