When a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account and a(n) ________ account. Multiple choice question
Answers
When a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account and a(n) __liability__ account.
In this case, the asset account that would increase is typically "Inventory" or "Supplies," and the liability account that would increase is "Accounts Payable." This records the transaction accurately and reflects the company's obligation to pay its supplier in the future.
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Related Questions
With a probabilistic model, increasing the service level
A. will decrease the level of safety stock
B. will increase the cost of the inventory policy.
C. will reduce the cost of the inventory policy.
D. will have no impact on the cost of the inventory policy.
Answers
With a probabilistic model, increasing the service level will increase the cost of the inventory policy.
The probabilistic inventory model closely reflects the fact that demand will fluctuate from time to time in production and retail. Demand fluctuations can lead to shortages, especially if a merchant only has a small amount of inventory on hand to meet demand during the wait period while replenishment stock is still on the way.
Based on three options, the probabilistic inventory model integrates demand fluctuation and lead time uncertainty. The first is when demand is consistent throughout the lead time but the lead time itself varies, and the second is when demand is constant during the lead time but the lead time itself changes. The third scenario is one in which lead time and demand fluctuate simultaneously.
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Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answers
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
Delegating authority and responsibility and defining measures and metrics are part of ____________ that managers use to implement strategy effectively.
Answers
Delegating authority and responsibility and defining measures and metrics are part of the managerial practices or techniques that managers use to implement strategy effectively.
Delegation of authority involves assigning decision-making power and responsibilities to individuals or teams within an organization.
By delegating authority, managers empower their subordinates to make decisions and take actions aligned with the strategic objectives. This not only distributes workload but also fosters employee engagement and promotes a sense of ownership and accountability.
Defining measures and metrics is essential for monitoring and evaluating the progress and success of strategy implementation. Managers establish key performance indicators (KPIs) and metrics that align with strategic goals.
These measures provide a means to track performance, assess the effectiveness of implemented strategies, and make informed decisions for adjustments or improvements.
By delegating authority and responsibility, managers can ensure that the right individuals or teams are empowered to execute strategic initiatives effectively. Defining measures and metrics allows managers to establish clear performance expectations and gauge the progress towards strategic objectives.
Together, these practices enable effective strategy implementation by aligning responsibilities, promoting accountability, and providing a means for ongoing performance evaluation and improvement.
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After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its newaccounting basis. Which of the following statements about subsequent reversal of a previously recognized impairment loss is correct under U.S. GAAP?a. It is prohibited.b. It is required when the reversal is considered permanent.c. It must be disclosed in the notes to the financial statements.d. It is encouraged, but not required.
Answers
Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
Cheers.
what does the inhibitor bind to during feedback inhibition?
Answers
In feedback inhibition, the inhibitor molecule typically binds to the allosteric site of the enzyme, causing a conformational change that reduces the enzyme's activity and prevents further production of the end product.
This type of inhibition is often used by cells to regulate metabolic pathways and ensure that essential molecules are not overproduced.
What is feedback inhibition?
Feedback inhibition is a process in which the activity of an enzyme is regulated by its own product. It is a type of negative feedback mechanism that helps to maintain homeostasis in cells and regulate metabolic pathways.
The process of feedback inhibition works as follows: An enzyme catalyzes a reaction that produces a product. If the concentration of the product becomes too high, it binds to a regulatory site on the enzyme and inhibits its activity. This slows down or stops the production of the product, preventing its concentration from becoming too high. When the concentration of the product decreases, the inhibition is lifted, and the enzyme becomes active again, allowing the production of the product to resume.
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if the cross elasticity of demand for good a with respect to good b is 2.7, then good a is group of answer choices a substitute for good b. a normal good. an inferior good. a complement to good b.
Answers
If the cross elasticity of demand for good A with respect to good B is +2.7, then good A is a substitute for good Correct option (a)
The price elasticity of demand (PED) of an item is a measurement of how responsive the quantity desired is to the price. Almost all goods see a decrease in quantity requested when prices rise, however certain goods experience this decrease more than others.
When a price increases by 1% while all other factors remain constant, the price elasticity provides the percentage change in quantity required. If the elasticity is 2, a 1% increase in price results in a 2% decrease in amount demanded. Other elasticities quantify the relationship between the amount sought and other factors, such as the income elasticity of demand.
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What is Song’s (Delta Airlines) Strategy?
Answers
Answer:
Explanation:
As of my knowledge cutoff in September 2021, Ed Bastian was the CEO of Delta Air Lines, and Richard H. Anderson was the CEO before him. However, I don't have specific information on Song's strategy, as Song was a subsidiary airline of Delta Air Lines that operated from 2003 to 2006. During that period, Song aimed to target a specific segment of the market by providing low-cost, leisure-focused air travel.
Song's strategy focused on the following key elements:
1. Cost-effective operations: Song aimed to reduce costs through various means, such as operating a single aircraft type (Boeing 757), optimizing flight scheduling and routing, and implementing efficient processes to enhance productivity.
2. Differentiated customer experience: Song sought to provide a unique and enhanced travel experience for leisure travelers. It introduced innovative features such as all-leather seats, live onboard satellite television, and an in-flight entertainment system with a wide range of options. The airline also focused on delivering exceptional customer service to differentiate itself in the competitive market.
3. Targeting leisure travelers: Song primarily targeted the leisure travel segment, which included vacationers and price-sensitive customers. By focusing on this segment, the airline aimed to capture a specific market niche and cater to the needs and preferences of leisure travelers.
4. Branding and marketing: Song emphasized its brand image as a fresh, hip, and customer-focused airline. It utilized vibrant colors, catchy slogans, and marketing campaigns to create brand awareness and attract its target market.
It's important to note that Song was discontinued as a standalone brand in 2006, and Delta Air Lines integrated some of its elements and strategies into its overall operations. Delta has since evolved its own strategic direction under different leadership, and the specific strategies and priorities of Song may no longer be applicable to Delta's current operations.
For the most accurate and up-to-date information on Delta Air Lines' strategy, it is recommended to refer to the company's official communications, reports, and announcements, or consult reliable sources such as industry publications and financial analyses.
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a stakeholder orientation is not complete unless it includes group of answer choices accounting. finance. marketing. special-interest groups. activities that actually address stakeholder issues.
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A stakeholder orientation is not complete unless it includes activities that actually address stakeholder issues. While accounting, finance, and marketing are important aspects of running a business, they are only a part of the equation when it comes to serving the needs of all stakeholders. Special-interest groups may also be important stakeholders, but they are only a subset of the larger stakeholder community.
A stakeholder orientation involves considering the needs and interests of all stakeholders, including customers, employees, shareholders, suppliers, the environment, and the broader community. It requires a commitment to understanding the impact of business decisions on all of these stakeholders and working to create value for all of them. To achieve a complete stakeholder orientation, businesses must engage in activities that address stakeholder issues. This may involve investing in sustainability initiatives, creating fair labor practices, promoting diversity and inclusion, or developing products and services that meet the needs of underserved communities. It may also involve engaging with stakeholders directly to gather feedback and input on business decisions.
Ultimately, a stakeholder orientation is about creating long-term value for all stakeholders, not just maximizing profits in the short-term. It requires a commitment to ethical decision-making, transparency, and accountability. By focusing on the needs and interests of all stakeholders, businesses can build trust, improve their reputation, and create a more sustainable future for everyone.
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economy where the government owns and offers all the goods and services is called ?
Answers
In such situation, we would have what is known as a command economy, in which the government owns, provides, and sets the prices for all goods and services.
The goal of a command economy, often referred to as a planned economy, is to maximise societal welfare by the planning, coordination, and direct supervision of all economic activity. In contrast to free-market economies, command economies do not permit market forces like supply and demand to control production or prices. All resources are allocated by the government in line with the overall plan. It strives to make the best use of the country's financial resources, labour force, and natural resources. A central authority determines both the maximum allowable output and the prices that can be paid for products and services under a political system with a command economy. Most industries are publicly held businesses.
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If productivity increases significantly and demand is not very elastic, what is likely to happen?
A
B. Fewer workers will be needed.
C. Division of labor will decrease.
D. Demand will increase.
The number of consumers will increase.
Please select the best answer from the choices provided
A
OB
D
Answers
Answer:
B. Fewer workers will be needed.
Explanation:
Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.
An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.
If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.
Answer:
B
Explanation:
what is not a benefit of having a good credit score?
Answers
Answer: Higher scores can make creditors more confident that you will repay your future debts as agreed.
You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company
Answers
Answer:
D interning at a local design company
QUESTION 2 of 10: Medicare is a government program funded by tax dollars to:
a) Provide health insurance to children
b) Provide health insurance to working adults
c) Provide hospital insurance for those over 65
Answers
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
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Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
Answers
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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payroll taxes are 6.2%, and medicare taxes are 2.9%. if your employer owes you $850, how much will you get after these deductions?
Answers
Answer:
772.65
850 - % of Payroll Taxes + % of Medicare taxes = The leftover after deductions.
Answer:$772.65
Explanation:
Payroll tax: 6.2% of the total amount.
$850 × 0.062 = $52.70 (amount deducted for payroll tax)
Medicare tax: 2.9% of the total amount.
$850 ×0.029 = $24.65 (amount deducted for Medicare tax)
An innovative business idea that no one has never had
Answers
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
Which of the following is a source of insurance? *
Answers
Answer:
Court ruling
Regulations
A researcher divides participants into those who suffer from insomnia and those who sleep well. he compares the two groups on the number of hours each spends at leisure activities in an average week. he finds that the insomniacs spend significantly fewer hours at such activities. in this case, the number of hours spent at leisure activities is:
Answers
Answer:
The dependent variable
Explanation:
There are two types of variables used in statistical analysis. The dependent variable and the independent variable.
The dependent variable are those ones whose value depends by rule on the values of other variables.
Independent variables are those whose vales are not dependent on the values of other variables.
In this scenario the independent variables under study are those that suffer insomnia and those that sleep well.
The dependent variable is the number of leisure hours.
Number of leisure hours varies with the group the participants are in.
For example leisure hours can be 3 hours for insomniacs and 6 hours for those that sleep well.
2. A lottery claims its grand prize is $16 million, payable over 4 years at $4 million per year. If the first payment is made three years from now, what is this grand prize worth today? Use an interest rate of 3.5%.
Answers
The lottery claims its grand prize is $16 million, payable over 4 years at $4 million per year. If the first payment is made three years from now, then the actual number of payments that will be paid is 1.
We need to calculate the present value of this amount. The interest rate is 3.5%.We will use the present value of an annuity formula:PV = A(1 - 1 / (1 + r) n) / rWhere,PV is the present value.
A is the annual paymentr is the interest raten is the number of paymentsThe annual payment is $4 million. We know that the grand prize is payable over four years at $4 million per year.
So, the annual payment is $4 million.The interest rate is 3.5%.We have only one payment left that will be paid three years from now.
So, the number of payments is one. Let us put these values in the formula:P = $4,000,000r = 0.035n = 1PV = $3,727,203The grand prize is worth $3,727,203 today.
Therefore, the present value of the grand prize is $3,727,203.
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one qualifier to _____________ is that although it may settle the surface problem, it may not solve any ongoing problem.
Answers
one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
What is mediation?Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
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4
BU
Why do even the most successful events reach the decline stage?
Ο Α. There are tight budgeting restrictions.
O B.
Nothing tangible is being sold.
O C.
Entertainment always grows stale.
There's always an end date.
D.
Answers
There's always an end date even the most successful events reach the decline stage.
What is the secret to an effective budget?Having attainable, measurable, and quantifiable goals is the first step in creating a realistic budget. In this approach, both the forecast and the budget are transformed into useful tools for achieving success.
What makes event budgeting crucial?Budgeting entails creating a properly thought-out strategy for how much money you can spend on a certain activity in any industry. Yet, one of the reasons it's so important for event planning is that it enables planners to establish a goal profit and determine the amount they must earn to break even.
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nal Accounts Section Sales Cost of sales Rent income Interest on fixed deposit Directors' fees Salaries and wages Bad debts Audit fees Bank (ts) Advertising Consumable stores A. Sundry expenses Ordinary share dividends ADJUSTMENTS AND ADDITIONAL INFORMATION: 750 000 15 450 000 1 230 000 1315 150 24 000 147 600 975 000 80 800 560 000 368 20 Selling prices are determined by using a mark-up of 40% on cost Note: Trade discounts of R130 000 were allowed to special customers the financial year. in me paffo Sales. How are sales calculated
Answers
The overall sales for the fiscal year are 21,500,000, according to the information provided.
What is the fiscal year?A fiscal year is a 12-month period used by businesses and governments for financial reporting and budgeting purposes. It does not necessarily coincide with the calendar year and can start on any date. The fiscal year is used to report financial results and tax obligations to the government, and it is important to follow it accurately to ensure that all financial reporting is consistent and accurate.
Based on the information provided, the total sales can be calculated as follows:
The total cost of sales = 15,450,000
Markup on cost = 40%
Total markup = 40% of 15,450,000
= 6,180,000
The total cost of goods sold (COGS) = Total cost of sales + Total markup
= 15,450,000 + 6,180,000
= 21,630,000
To calculate the total sales, we need to subtract any discounts given to customers from the COGS:
Total sales = Total cost of goods sold - Trade discounts
= 21,630,000 - 130,000
= 21,500,000
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An fbo has manufactured food, which they subsequently believe is either harmful to health, unfit for people to eat or does not meet food safety requirements. The food has already left the factory to be distributed. What should the fbo do?.
Answers
An FBO has manufactured food, which they subsequently believe is either harmful to health, unfit for people to eat or does not meet food safety requirements. An FBO shall immediately initiate recall procedures of the batch.
Any material that an organism consumes for sustenance is considered food. The majority of food comes from plants, animals, or fungi and contains vital elements including carbs, lipids, proteins, vitamins, and minerals.
An organism consumes the substance, which is then absorbed by the organism's cells to supply energy, support life, or promote growth. Different animal species have different feeding habits that meet the demands of their distinctive metabolisms. These habits have frequently evolved to fill a particular ecological niche in particular geographic contexts.
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when beginning a statistical analysis of costs and activities, it is helpful to plot the costs against the activities using a(n) ______________.
Answers
When beginning a statistical analysis of costs and activities, it is helpful to plot the costs against the activities using a scatter plot or a scatter diagram.
A scatter plot is a graph that uses Cartesian coordinates to display values for two variables for a set of data. The horizontal axis represents the activity level, while the vertical axis represents the cost. Each data point represents a specific level of activity and its associated cost.
By plotting the costs against the activities on a scatter plot, patterns and relationships between the two variables can be identified. For example, the scatter plot may reveal that the costs increase linearly with the increase in activity levels, or it may show that there is a curvilinear relationship between costs and activities.
The scatter plot is a useful tool in identifying any outliers or data points that fall outside the expected pattern, which can help in identifying any errors in the data or uncovering any unusual relationships between costs and activities. This information can be used to make informed decisions about cost control and process improvement.
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how can a reduction in taxation be used to influence aggregate demand
Answers
Answer:
shifting the aggregate demand curve to the right.
Explanation:
What factors, do you think determine how long a product will stay in the product life cycle
Answers
Answer:
I think the production date....
Hope it helps!!!
A store advertises new TVs for $100 a month for six $600 in order to
A. encourage customers to buy more than one item
B. make a larger price tag look more manageable
C. make signage more attractive to shoppers
D. significantly reduce the amount of tax taken
Answers
Answer:
B. make a larger price tag look more manageable
Explanation:
A price tag of $600 may see a too high price for many customers. To eliminate the perception of a huge price/expensive TV, the store opts to spread the TV cost over six months. The customer will end up paying $600 for the TV( 6 x $100).
The $600 price tag may discourage some customers, which translates to a loss of sales. $100 for six months is attractive, pocket friendly and may generate many sales to the store.
the majority of appointed u.s. treasury secretaries have been either former partners or managers of goldman sachs, which is a global investment management firm. sociologists would argue that this overlap between private business and the federal government is an example of
Answers
The majority of appointed U.S. treasury secretaries have been either former partners or managers of goldman sachs, which is a global investment management firm. sociologists would argue that this overlap between private business and the federal government is an example of crony capitalism.
This overlap between private business and the federal government is an example of crony capitalism, which is an economic system where businesses have an advantage over competitors due to their political connections and favoritism from government leaders. Crony capitalism leads to an unequal distribution of resources and opportunities, as certain businesses have an advantage over others that lack these connections.
In the case of the U.S. Treasury, the majority of appointed secretaries have been either former partners or managers of Goldman Sachs, a global investment management firm. This means that the federal government is likely granting special favors and advantages to those with ties to Goldman Sachs, disadvantaging other businesses and individuals. This also implies that Goldman Sachs has some form of influence on the decisions of the federal government, further entrenching the crony capitalist system.
Crony capitalism is a form of corruption that distorts free market dynamics and enables wealthy, powerful individuals to exploit resources and influence policy decisions to their own advantage. It is unfair and damaging to both citizens and businesses, and should be actively opposed.
To summarize, the overlap between private business and the federal government is an example of crony capitalism.
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Discuss the differences between a level production plan, a chase strategy, and a hybrid strategy. which strategy does Engineer to order use for production planning. why did you select this strategy.
Answers
The level production plan maintains a consistent production rate over time, while the chase strategy adjusts production to match demand, and the hybrid strategy combines elements of both.
Engineer-to-order typically uses a chase strategy for production planning to align production with the specific requirements of each engineering project, avoiding excess inventory and minimizing costs.
A level production plan is suitable for products with stable demand and aims to minimize fluctuations in production rates. The chase strategy is used when demand is variable, and production is adjusted accordingly to match the demand levels. A hybrid strategy combines aspects of both approaches, with a base level of production and the flexibility to adjust based on demand.
Engineer to order involves customizing products for each project, which requires flexibility and agility in production planning, making the chase strategy more suitable. This strategy allows for efficient resource allocation and cost control by producing exactly what is needed for each order.
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