What does reconciling an account involve? checking one's financial records against the bank’s making sure a paycheck arrives on time calculating the interest owed on a savings account identifying instances of identity theft

Features of a close corporation​:-

A corporation is a business enterprise—commonly a group of humans or an organization—legal through the state to behave as an unmarried entity and diagnosed as such in law for certain purposes. Early incorporated entities were hooked up by way of constitution. Maximum jurisdictions now permit the creation of latest corporations via registration.

A company is a business entity that is owned with the aid of its shareholder(s), who decide on a board of directors to oversee the business enterprise's sports. The organisation is accountable for the moves and price range of the commercial enterprise – the shareholders are not.

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The core goal of ISO 26000 is to assist organizations in contributing to sustainable development.

This is the international guidelines that were formed for social responsibility. The definition is from the fact that it was created as an international standard that helps to effectively carry out the assessments that would be able to help in the addressing of all social responsibilities that are necessary to the environment, the mission and the goals of the company and to the environment around.

Hence we can say that the core goal of ISO 26000 is to assist organizations in contributing to sustainable development.

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This behaviour could best be described as sunk cost fallacy.

Sunk cost is a cost that has already been incurred. For example, when people pay for a ticket before a match, the cost of the ticket paid is known as sunk cost.

Economic theory suggests that sunk cost should not be considered when making future decisions. So, when making future decisions about if to attend the game or not, the amount paid for the ticket should not be considered.

Sunk cost fallacy is when sunk cost is considered when making future decisions. Sunk cost fallacy leads to suboptimal outcomes.

For example, assume that the cost of the tickets is $50. The tickets were bought months to the game. Days to the game, it is announced that there might be a storm. According to the sunk cost principle, those who have bough the ticket should not consider the amount paid for the ticket when deciding if to go for the game or not. What should be considered is their personal safety. Those that consider the cost of the ticket when making a decision on if to attend the game are committing the sunk cost fallacy.

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The two career pathways that is best match for Imogene are: National Security and Governance.

National Security and Governance can be explained as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose National Security and Governance as her career as this will authorize her to achieve her goal and to as well make her dream to come to pass.

Therefore, the wo career pathways that Imogene is best match for is: National Security and Governance.

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Answer:

Explanation:

Answer is D

Answer:

Segmentation, targeting, positioning in the Marketing strategy of Vaseline – Vaseline Petroleum Jelly targets the families particularly the ones that have children. Demographics for the brand include 18-60 years old Female preferably with children, Single females who are career driven and are always on the go.

Based on the requirements of the PiCAT test, the percentage of wrong answers you can get is between 60 and 69%.

The pre-screening internet-based computer adaptive test or PiCAT is not a test that can be failed but there are different requirements depending on the branch you want to join.

Most branches set a minimum passing score of between 31% to 40%. This means that the percentage of answers that you can get wrong and still pass is between 60% and 69%. It is however recommended that you do not get anything more than 50% wrong.

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The evolution of MNE business involve the migration, cross border transactions, etc.

The advantage of multinational enterprises (MNEs) as an institutional form for regulating cross-border transactions, the chance to integrate knowledge from various geographic sources, and the necessity of striking a balance between efficiency, flexibility, and learning priorities are all discussed in the MNEs' strategy.

The typical processes of commerce, foreign direct investment, money movements, migration, and the development of technology in underdeveloped countries are how international business development develops. Business professionals frequently need to find strategies to adapt to the cultures and civilizations in which they operate and conduct business in order to achieve sustained global business development.

Many businesses in the developed world are entering these markets to supply goods and services to the consumers in the emerging middle classes of countries like Brazil, Russia, India, China, and South Africa (the BRICS countries), and business development specialists build the necessary legal, financial, and cultural bridges between supplier and consumer.

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The four arguments that she can make about how the global economy impacts business organizations are:

It should be noted that the global economy is very essential factor that has been able to influence the globe, however the characteristic elements that  that can be associated to the economic globalization are:

In conclusion, the Globalization help the people of the world especially businesses as well as  new companies  to be able to conveniently compete with old incumbents.

It should be noted that this has helped the trade sector  to  increased the number of people  that works for them accross the globe.

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The physical nature of a business facility helps to stimulate the growth of that business. Below you can read more about the importance of securing a good facility for a business.

the importance of a well positioned and safe facility cannot be overemphasized. These importance include the following

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Answer:

I think note is your answer.

One of the following that would be an internal customer for a pharmacy technician will be the patient.

In essence, the Pharmacy Technician refers to the person that helps a licensed pharmacists to provide medications and other health care products to patients. Most time, under the pharmacist supervision, these pharmacy technicians helps to supply medicines to patients (on prescription or over the counter).,assemble medicines for prescriptions, provide information to patients and other healthcare professionals.

Therefore, in this context, the options of the following that would be an internal customer for a pharmacy technician will be the patient. Therefore, the word "patient" is the answer.

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The disturbance handler role,  managers in this position must make decisions regarding erratic, stressful situations that are out of their control.

What are Decisional Roles?

Managerial responsibilities that require managers to make thoughtful judgments quickly and for the benefit of the organization are known as decisional roles. Managers must assess their options and available possibilities before selecting the most strategic.

According to Mintzberg, a manager has 10 distinct managerial responsibilities: spokesman, resource allocator, disturbance handler, figurehead, monitor, disseminator, leadership, and liaison.

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An individuals net income is the net income that is taken to home by an individual after all deductions of tax, pension and insurance contributions.

Net income is the income that is netted off of expenses that are directly related. Most common example of a net income is the net profit that is calculated in the income statement, revenue is deducted by the cost of goods sold and so the result is a net income.

The net income of an individual is also similar to this example. In an individual's net income the income that is taken to home to be utilized and consumed is the net income. Net income is the income of an individual netted off from the taxes, insurance payments and pension contributions. In short the income that is credited to an individual’s account.

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Debit Accounts Receivable $2000. Credit Service Revenue $2000.There would still be open transactions if there were no adjusting entries made to the journal.

What Is a Journal Entry for Adjusting?

A general ledger entry known as a "adjustment journal entry" is made at the conclusion of an accounting period to report any unrealized income or costs during the time. An adjusting journal entry is necessary to correctly account for a transaction that began in one accounting period and ended in another. Adjusting journal entries can also be used to describe financial reporting that fixes an error from a prior accounting period.

Why Is It Important to Correct Journal Entries?

There are occasions when one accounting period will expire with such a scenario still unresolved because many businesses operate where real delivery of items may be delivered at a separate time than payment (either beforehand in the case of credit or after in the case of pre-payment). In this situation, the discrepancies in the timing of payments and expenses are reconciled using the adjusting journal entries.

When you close your books, a few end-of-period changes must be made. At the conclusion of an accounting quarter, adjusting entries are produced to account for items that weren't captured in your daily transactions. A general journal is where adjusting entries are made in a conventional accounting system.

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The company's top executives are ultimately responsible for the establishment and success of a company’s internal control system.

Executives refer to someone or a group of men and women having administrative or supervisory authority in a corporation or in government authority. The executive is chargeable for executing and implementing the law.

The executive is defined as a person or something with administrative or managerial authority. An example of govt is the CEO of an employer. The branch of the presidency includes the president and those responsible to him or her for enforcing the legal guidelines of the united states.

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If Martha tells employees to "do a better job of selling" in the month of December, then employees might fall to accomplish this goal. The goal is not specific and measurable.

The maximum essential commonplace regulation definition of a worker is a person you rent and pay normal wages to perform a specific system, with the employer controlling how the artwork is carried out. For employees, an organization need to withhold profits taxes and pay Social safety, Medicare taxes, and unemployment taxes on any wages paid.

The definition of an employees is one which works for someone else or a business enterprise in exchange for wages or a few specific agree-to repayment. An example of employee is a person who's hired thru McDonald's and is paid a certain sum of money for each hour labored.

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Answer:

Well, it started low and suddenly started to go up. It's something that just isn't expected especially in stocks.

1. Recording the transactions for December for Golden Eagle Company is as follows:

Debit Supplies $4,400

Credit Cash $4,400

Debit Salaries Payable $10,900

Credit Cash $10,900

Debit Deferred Revenue $4,350

Credit Cash $4,350

2. Journalizing the adjusting entries for Golden Eagle Company for December is as follows:

Debit Supplies Expenses $2,900

Credit Supplies $2,900

Debit Insurance Expenses $1,950

Credit Prepaid Insurance $1,950

Debit Salaries Expenses $15,900

Credit Salaries Payable $15,900

Debit Deferred Revenue $1,450

Rent Revenue $1,450

Supplies $4,400 Cash $4,400

Salaries Payable $10,900 Cash $10,900

Deferred Revenue $4,350 Cash $4,350

Supplies Expenses $2,900 Supplies $2,900

Insurance Expenses $1,950 Prepaid Insurance $1,950

Salaries Expenses $15,900 Salaries Payable $15,900

Deferred Revenue $1,450 Rent Revenue $1,450

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                               Debit    Credit

Supplies                $1,950

Prepaid Insurance 7,800

Salaries Payable              $10,900

Deferred Revenue                      0

The following information is known for the month of December:

1. Purchases of supplies for cash during December were $4,400.

Supplies on hand at the end of December equal $3,450.

2. No insurance payments are made in December. Insurance expired in December is $1,950.

3. November salaries payable of $10,900 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,900.

4. On December 1, Golden Eagle received $4,350 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided.

Required: For each item. (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry.

Answer:

a price that fits comfortably in your budget

Yes its true because if there is no demand for a specific product that a business is producing then how could It earn profit in terms if survival in the market.

Yes, it is true because a company cannot make a profit in order to survive in the market if there is no need for the particular product it is manufacturing.

There is only one true definition of a company purpose, according to Drucker: "To create a customer." Profits are not created in a vacuum. They are the end product of the businessman's tireless efforts to meet customers' needs.

In the long run, a company's ability to survive fully rests on the amount of market share it can secure.

One of the main goals of the business is to produce goods and satisfy consumer wants. Therefore, the business must offer high-quality, reasonably priced products in order to generate profit and demand.

Hence, the given statement is true about creation of demand as it is the fundamental objective of business.

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Answer:

Talking while others are speaking

Explanation:

Eskom can obtain basically two major types of capital. They include the following.

  These two forms of capital are very crucial in the financial sector of the company. It is important to note that both capital and debt are equally relevant to the government because the government is the  primary shareholder and Eskom depends hugely on the support it gets from the government. this support may be  in the form of loans or equity or guarantees.

Equity is a financial terminology that describes the ownership of assets that may have debts or other liabilities attached to them.

To ascertain equity in accounting, you have to subtract the liabilities from the value of the assets.

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Ratios that reveal large deviations from the norm merely indicate the possibility of a problem  is a limitation of ratio​ analysis. Option D

This is further explained below.

Generally, A financial ratio, also known as an accounting ratio, is the ratio of the size of two specific numerical values that have been extracted from an organization's financial statements.

There are a number of standard ratios that are used to attempt to analyze the overall financial state of a business or other organization. These ratios are often used in accounting.

In conclusion,  Limitations of ratio analysis include the fact that ratios that highlight significant departures from the average may only point to the existence of a potential issue.

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Ratio analysis is the analysis of various line items of financial statement. We have horizontal analysis which measures or analyses changes across time period e.g from year 2 to year 1 and vertical analysis which measures line item as a percentage of a base figure e.g total assets, net income etc. One of the usefulness of ratio analysis is that it is used to make comparison between different competitors in the same industry or used to compare the performance of a particular company over the years.

The limitations of ratio analysis are(not limited to the following):

1. It assumes that inflation has no effect on a firm's business(Option B)

2. Companies are not the same

3. Different firms in the same industry can use different accounting policies

Therefore, the answer to the question is option B - It assumes that inflation has no effect on a firm's business

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1. Brazil's ambassador to the WTO made a deal with the U.S. trade negotiators because Brazil threatened sanctions and the United States wanted to avoid trade retaliations.

2. The threat of sanctions and trade retaliations has been effective so far as trade rules are being adhered to by both Brazil and the United States.

3. So far, this approach has been effective in getting the U.S. to drop its prohibited subsidies to cotton producers.

4. In the case "The U.S.-China Wind power Dispute," GE, Gamesa, and other foreign firms did not do the right thing by not pushing the U.S. government to bring China to the WTO over its prohibited subsidies.

5. A drawback to relying heavily on prohibited subsidies to sustain a business is that it is not sustainable in the long term.

Prohibited subsidies are the subsidies given to local entities to encourage exports or domestic use of raw materials or goods.

Prohibited subsidies distort international trade and hurt the trade of other countries.

Thus, prohibited subsidies violate WTO commitments and are barriers to international trade.

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Utilitarian theory respects all persons equally without particular regard and assists people in making moral decisions. The utilitarian theory provides a basic technique. According to utilitarian philosophy, humans value all moral terms such as self-sacrifice, justice, and honesty.

There are various philosophies of justice, including utilitarianism, justice as fairness, and libertarianism. Utilitarians were those who supported utilitarian doctrine. With utilitarian theory being one of the theories of justice, the researcher was compelled to investigate how the theory provides justice to people, how it impacts human behaviour, and the issues the theory faces in the present world. Act utilitarians argue that their theory gives compelling grounds to reject many conventional moral statements and substitute them with moral perspectives based on the consequences of actions. People who are persuaded by act utilitarianism's critics may decide to abandon utilitarianism outright and adopt another form of moral theory.

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A high proportion could indicate a significant case of plagiarism, or it could indicate another issue: occasionally, the same document may be posted to the database more than once.

Popular text-matching programs calculate a percentage of similarity, known as a "similarity score" or "plagiarism" which measures the textual correspondence between a specific manuscript and content in the software's archives, on the Internet, and in electronic databases.

In order to avoid the time-consuming chore of reading the longer, more extensive Similarity Reports, many examiners use these straightforward data as a stand-in for plagiarism. Similarity scores, albeit seductively simple, are never sufficient to determine whether or not there has been plagiarism. In a perfect world, evaluators would always review the similarity reports. However, given the time that can be saved by relying on the scores and the continued usage of imprecise similarity score limits at some academic journals and educational institutions.

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Answer:

The answer is C

Explanation:

From the following a potential reason for an employer to say "no" after looking at your application would be that, you may left gaps in work history, and had been fired from several jobs.

A gap in work history or academic studies can be a spike in your career profile. Sob if If your job application reveals an employment gap, expect the employers to inquire. Also, if you had been fired from several jobs, this might be something to be paid attention to by an employer.

The most common form of gap reference is to obtain written confirmation from a professional referee or a character referee who would be knowing the candidate during the gap period in question.

Hence, options D and E are correct.

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All of the options here are the goods that have to be added to your budget.

This is the term that is sued to refer to the financial way of trying to create the list of needs and the wants of a person based on the cash that is available. It is a very useful tool that is used in accounting and also individually. The goal is to help to create the list of goods that a person would need to be in the same tune with the amount of money that is available.

Hence we can say that All of the options here are the goods that have to be added to your budget.

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