For the fiscal year ended September 28, 2019, the amount is credited to income is $ 261,981.
What do you mean by revenue?Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations.
Revenue (from the sale of goods or services) less operational expenses equals operating income.
Non-operating income is irregular or one-time money obtained from other sources.
Here,
Calculation of credit income:
Amount credited to the Income summary on Sep 28, 2019:
Net Sales = 260174
Other income = 1807
Total credit = 261981
Therefore, for the fiscal year ended September 28, 2019, the amount is credited to income is $ 261,981.
To know more about the revenue, visit:
https://brainly.com/question/29567732
#SPJ1
Is Russia's GDP per capita high or low?
The populace of Russia is estimated to be 145.8 million which offers a GDP per capita PPP of $36,888. This locations Russia in 62nd location in the World Economics Global Wealth rankings and 36th for Europe.
Does Russia have high GDP per capita?
Russia Gross Domestic Product (GDP) per Capita reached 12,593.146 USD in Dec 2021, in contrast with 10,194.447 USD in Dec 2020.
Is Russia's GDP per capita high or low?GDP per Capita in Russia averaged 7574.05 USD from 1989 till 2021, accomplishing an all time high of 10216.25 USD in 2021 and a file low of 4515.51 USD in 1998.
Learn more about high GDP per capita here:
brainly.com/question/28873657
#SPJ4
March 27th1)To what extent were the foreign policies of Harding, Coolidge, and Hoover similar to Gilded Ageforeign policy?They all supported laissez-faire economic policy by claiming it was economicfreedom. They also restricted government interference into the econom
The foreign policies of Harding, Coolidge, and Hoover were similar to Gilded Age foreign policy in terms of supporting laissez-faire economic policy and restricting government interference in the economy.
Laissez-faire economic policy is an approach that advocates minimal government intervention in economic affairs. Under this policy, the government takes a hands-off approach to the economy and allows market forces to operate freely without extensive regulations or interventions.
The role of the government in a laissez-faire system is primarily to protect property rights, enforce contracts, and maintain a stable legal framework for economic transactions.
Learn more about laissez-faire here:
https://brainly.com/question/10433522
#SPJ12
why are broad indicators better than narrow indicators
Broad indicators are better than narrow indicator because they capture better economy-wide effects.
Indicators of the economy are the figures or stats that help in analyzing the current and future trends of the economy. They can be macroeconomic indicators or microeconomic indicators. The example of such indicators are: GDP, Price Index, Retail sales, etc.
Economy is defined as the composition of all the activities involved in the production, consumption, and trade of goods and services. An economic system is composed of the customers, businesses and the government. Economy can be of three types: free market, command, and mixed. Capital is a very essential factor for an entity's economy.
To know more about economy, here
brainly.com/question/2421251
#SPJ4
a firm has net working capital of $560, net fixed assets of $2,306, sales of $6,700, and current liabilities of $870. how many dollars worth of sales are generated from every $1 in total assets?
In financial accounting, every resource that a business or other economic entity owns or manages is referred to as an asset. Anything, whether material or immaterial, that has the potential to provide positive economic value qualifies.
Financial accounting defines a liability as a responsibility for an organization to give up future financial benefits to other organizations as a consequence of previous transactions or other past events, the settlement of which could lead to the transfer or use of assets, the provision of services, or other future financial gains.
In the question, given that:
Net working capital = $560
Net fixed assets = $2,306
Sales = $6,700
Current liabilities = $870
Net working capital = Current assets - Current liabilities
560 = Current assets - 870
Current assets = 560+870 = $1430
Total assets = Current assets + Net fixed assets
Total assets = 1430+2306
Total assets = $3,736
Sales are generated from every $1 in total assets = Sales/Total assets = 6700/3736
Sales are generated from every $1 in total assets = 1.793.
To learn more about Current liabilities, click below:
https://brainly.com/question/13388204
#SPJ4
in a perfectly competitive industry, the market price of the product is $12. a firm produces at a level of output where average total cost is $16, marginal cost is $16, and average variable cost is $8. to maximize its profit, the firm should
To maximize its profit, the firm should decrease output but keep producing.
In a market with perfect competition, the equilibrium price of the good is established by the interaction of the market's total supply and total demand. The price at which market demand and supply are equal is referred to as the equilibrium price.
Four key traits make up a properly competitive market: price taking, homogeneous product offerings, unrestricted entrance and exit, and information accessibility. Pricing takers are businesses that are in ideal competition but have no control over the price. They therefore accept the price as being provided by the market.
According to economic theory, perfect competition exists when all businesses sell the same goods, market share has no bearing on prices, businesses can enter or quit the market without any obstacles, consumers have perfect or complete information, and businesses are unable to set prices.
To know more about equilibrium price, visit:
https://brainly.com/question/26075805
#SPJ4
how does canon use market segmentation
Canon segments its market on various factors like demographics, geography, psychography and behavior.
Canon uses market segmentation as a way to better understand its target customers and tailor its marketing efforts to meet their specific needs and preferences.
Canon segments its market based on various criteria such as:
1. Demographic segmentation: Canon segments its market based on factors such as age, gender, income, and education level.
2. Geographic segmentation: Canon segments its market based on factors such as location, climate, and local economic conditions.
3. Psychographic segmentation: Canon segments its market based on factors such as lifestyle, personality, values, and attitudes.
4. Behavioral segmentation: Canon segments its market based on factors such as customer behavior, usage patterns, and benefits sought.
By segmenting its market, Canon can identify specific customer groups with unique needs and develop tailored marketing strategies to meet those needs.
For example, Canon may offer different product lines, pricing strategies, and marketing messages to different segments based on their specific needs and preferences. This helps Canon to better compete in its market and increase its share of the market.
To know more about market segmentation, visit – https://brainly.com/question/14315539
#SPJ11
Vertical analysis of balance sheet
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:
Line Item Description Current Year Previous Year
Current assets $2,800,000 $1,840,000
Property, plant, and equipment 5,200,000 6,072,000
Intangible assets 2,000,000 1,288,000
Current liabilities 1,800,000 1,380,000
Long-term liabilities 3,600,000 3,680,000
Common stock 980,000 920,000
Retained earnings 3,620,000 3,220,000
Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. When required, round percentages to one decimal place.
The comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity will be
Description Prior Year Current Year Prior Year (%) Current Year (%)
Cash 0.00% 0.00%
Investments 0.00% 0.00%
Inventories 0.00% 0.00%
Accounts receivable 0.00% 0.00%
Pre-paid expenses 0.00% 0.00%
TOTAL 1,840,000 2,500,000 20.00% 25.77%
Property 6,072,000 5,200,000 66.00% 53.61%
and equipment
Leasehold improvements 0.00% 0.00%
Equity and other investments 0.00% 0.00%
Less accumulated 0.00% 0.00%
depreciation (Negative Value)
Intangible Assets 1,288,000 2,000,000 14.00% 20.62%
Charity 0.00% 0.00%
total 9,200,000 9,700,000 100.00% 100.00%
Learn more about Balance Sheet here: brainly.com/question/25225110
#SPJ1
In United States v. Hall, 47 F.3d 1091 (11th Cir. 1995), the Eleventh Circuit Court of Appeals discussed the difference between a business and an individual's reasonable expectation of privacy in the area around their home or business (called the curtilage). In Hall, a government agent seized a bag of shredded documents from a dumpster located on the property of Bet-Air, Inc. Hall filed a motion to suppress the evidence on the grounds that the search and seizure was a violation of the Fourth Amendment. Review United States v. Hall and discuss the following:- What was the Court of Appeal's decision?- Was the search and seizure a violation of the Fourth Amendment? Why or why not?- Would the result have been different if the dumpster was on private property rather than on commercial property?- Suppose you were an executive at Bet-Air. What recommendations would you make to help Bet-Air assert an expectation of privacy in the dumpster?
As an executive at Bet-Air, I would recommend that the company use locks to secure the dumpster and post signs to alert anyone who is not an employee of the company not to enter the area.
The Court of Appeals in Hall held that the search and seizure of the shredded documents from the dumpster on Bet-Air's property did not violate the Fourth Amendment. The Court found that the dumpster was located in the area around the business, which is considered the “curtilage” and is afforded the same protection as an individual's home.
However, the Court determined that businesses do not have the same reasonable expectation of privacy in the curtilage that individuals do. Therefore, the search and seizure of the documents did not violate the Fourth Amendment.
If the dumpster had been on private property, the result may have been different. Individuals have a greater expectation of privacy in the curtilage of their homes than businesses have in the curtilage of their property. Therefore, the search and seizure of the documents may have been considered a violation of the Fourth Amendment if they had been conducted on private property.
know more about executive here
https://brainly.com/question/11422252#
#SPJ11
refer to exhibit 34-10. jason’s opportunity cost of mowing the lawn is group of answer choices 0.50 clean houses. 2.40 clean houses. 2.00 clean houses. 0.60 clean houses.
Opportunity cost refers to the cost of giving up the next best alternative use of resources. It is a measure of the cost of an economic decision and is used to evaluate the trade-off between two or more options.
In other words, it represents the value of the most valuable option that must be foregone in order to choose another option. To determine the opportunity cost, one must consider the value of all alternatives and choose the one that offers the highest value. In this case, if Jason has the option of mowing the lawn or cleaning houses, his opportunity cost of mowing the lawn is the income he would have earned if he had chosen to clean houses instead. The specific opportunity cost of mowing the lawn would depend on the specific wages he would earn for cleaning houses and the time it takes to mow the lawn. Wages are the payment received by workers in exchange for their labor. In the context of opportunity cost, wages are an important factor in determining the cost of a particular decision. If Jason has the option of mowing the lawn or cleaning houses, the wages he would earn for cleaning houses would be a key component in determining his opportunity cost of mowing the lawn. If Jason earns $20 per hour for cleaning houses and it takes him 2 hours to clean one house, then his opportunity cost of mowing the lawn would be $40. This means that if Jason chooses to mow the lawn instead of cleaning houses, he would be giving up the opportunity to earn $40 by cleaning houses.
To know more about Opportunity click here:
brainly.com/question/24319061
#SPJ4
has dinesh done adequate market research before deciding on the location of his second outlet? what else could he have done?
Dinesh has taken an important step towards expanding his business by deciding on the location of his second outlet. However, it is important to note that before making this decision, it is essential to conduct adequate market research.
Market research is the process of gathering and analyzing information about the market, target customers, competitors, and other related factors. This helps businesses understand the environment they are in, identify opportunities, and make informed decisions.
In order to ensure that Dinesh has done adequate market research, he should have taken a number of steps. First, he should have conducted a thorough analysis of the local market by gathering information on the current and potential customers, the competition, and the pricing practices. He should have also conducted surveys to get feedback from potential customers about their preferences and needs. Additionally, he should have done research on the local regulations and zoning laws, as this could influence the success of the outlet.
Moreover, Dinesh should have used a variety of marketing tools to collect and analyze data. This includes using online surveys, focus groups, and interviews to get a better understanding of the local market. He should also have conducted an analysis of the competitors to understand their pricing strategies and marketing efforts. Finally, Dinesh should have looked
To learn more about marketing here:
https://brainly.com/question/25369230#
#SPJ11
why do so many licensing deals, mergers, and acquisitions occur in the brewing industry?
Many licensing deals, mergers, and acquisitions occur in the brewing industry due to the intense competition and desire for market share.
The brewing industry is highly competitive and characterized by a limited number of large players, who are constantly seeking to increase their market share and strengthen their positions.
One way for companies to achieve this is through licensing deals, mergers, and acquisitions, which allow them to gain access to new products, technologies, and markets.
For example, a merger or acquisition can result in the consolidation of production facilities, distribution networks, and marketing resources, allowing the combined company to achieve economies of scale and improve their competitiveness.
Additionally, licensing deals can provide companies with access to popular brands and products, which can increase their market presence and revenue.
Overall, the intense competition in the brewing industry drives companies to engage in these strategic partnerships and transactions.
To know more about market share click on the link below:
https://brainly.com/question/15518112#
#SPJ11
Which of the following is not permitted for accounting for material amounts of uncollectable accounts receivable?A)Percentage of receivables, allowance methodB)Percentage of sales, allowance methodC)Direct write-off methodD)All of these answer choices are acceptable under IFRS
Option C is correct. The next non-acceptable method of accounting for large uncollectable accounts receivables is the direct write-off method.
Bad debts are uncollectable accounts receivable, loans, or other liabilities that have no substantial chance of being paid. Accounts can become uncollectible for a variety of reasons, including bankruptcy of the debtor, inability to identify the debtor, fraud on the part of the debtor, or lack of proper documentation proving the existence of the debt.
Bad debts are accounts receivable, loans, or other debts that the debtor has defaulted on.
The reason for non-collection lies in bankruptcy or the debtor's refusal to pay. Items sold on credit typically take 30 to 90 days to complete.
When a receivable or payable is not paid, it is written off and the amount is credited to the receivable and billed to the bad debt reserve.
When a customer purchases goods from a vendor on credit, the amount is posted from the vendor to her Receivables. Payment terms vary, but 30 to 90 days is typical for most companies.
Know more about uncollectable accounts here:
https://brainly.com/question/30324781
#SPJ4
what is called a statement showing interest income from internal revenue services
You could or might not have to pay income tax on the interest that is reported on a 1099-INT, the tax form that most people use to record interest income. You might still need to include the data from it on your return, though.
Personal interests are pastimes that a person enjoys. They can consist of endeavours in learning, athletics, artistic expression, leisure time, volunteering, cultural activities, spiritual practices, traditional activities, and self-improvement. These include innovation, critical thinking, problem-solving, decision-making, the capacity for communication and collaboration, as well as social and personal responsibility that promotes good citizenship. These are all crucial 21st-century skills for success, both for successful individuals and for healthy societies. Hobbies are defined as leisure activities that are performed for fun. However, interests are the feelings or emotions that a person experiences. Curiosity about a specific thing or person is sparked by these emotions.
Learn more about interest here
https://brainly.com/question/28020457
#SPJ4
what is used to communicate the organization's business requirements through the governance process?
Communication of Organisation's Business Requirements through E-Governance" refers to the process of transmitting and exchanging information regarding the business needs and objectives of an organization through the use of electronic technology.
The communication of an organization's business requirements through e-governance involves the use of digital tools and platforms to transmit information regarding the organization's goals, objectives, and needs. This process enables organizations to efficiently and effectively communicate their business requirements to stakeholders such as employees, customers, and government agencies.
for more answers on business requirements refer here:
https://brainly.com/question/30168309#
#SPJ11
refer to scenario 15-2. what is vincent's profit on a typical day? a. $1,350 b. $2,170 c. $660 d. $820
The Vincent's generates $820 in profit daily.
What does this entail in terms of money?a worthwhile payout: Gain is defined as the excess of returns over expenses in a single or series of transactions. especially: the difference between a product's selling price and its cost. 3.: Net income, typically for a specific time frame.
What 3 categories of profit are there?Profit is primarily measured by three factors. Gross profit, operating profit, and net profit are these.
What does revenue vs. profit mean?Profit is the net income left over after deducting costs from earnings, whereas revenue is the income generated by business operations. Sales, income from fees, and income from property are just a few examples of the different ways that money might come in.
To Know more about transactions.
https://brainly.com/question/24730931
#SPJ4
covid-19 and the resulting shutdowns and mask mandates had dramatic impacts on most businesses, resulting in contractions of many but expansion for others. the pandemic and related restrictions would be considered
a. A market effect
b. Social responbility
c. Time Value of money
d. An enviromental force
The pandemic and related restrictions would be considered a. A market effect.
Market Effect refers to a change in the structure or operation of a market, or in the behavior of market participants, as a result of, or expected to result from, one or more program activities.
Market impact is an important issue for large investors, such as financial institutions, when moving money within or between financial markets.
If the volume of money transferred is significant (in comparison to the turnover of the asset(s) in issue), the market impact can be several percentage points and must be considered with other transaction expenses (costs of buying and selling).
Market impact can occur because the price needs to move in order to entice other investors to buy or sell assets (as counterparties), but it can also occur because professional investors may position themselves to profit from the knowledge that a large investor (or group of investors) is active in one way or another.
Because some financial intermediaries have such minimal transaction costs, they can profit from price swings that are too minor for the majority of investors to notice.
To know more about market impact:
https://brainly.com/question/28574868
#SPJ4
Not only is the Due Diligence screen completed when dependents are present on the return, but also when a taxpayer has what type of credit? a. Adoption Credit. b. American Opportunity Credit. c. Foreign Tax Credit. d. Retirement Saver's Credit.
The Due Diligence screen is performed not just when dependents are present on the return, but also when a taxpayer has the Adoption Credit.
Option A is correct.
Due diligence is defined as an inquiry, audit, or review conducted to check the facts or details of an issue under consideration. Due diligence in the financial industry is reviewing financial documents before entering into a proposed deal with another party. Due diligence is a methodical approach to analysing and mitigating risk in an investment or business transaction. Using publicly accessible public information, an individual investor may undertake due diligence on just about any stock.
The same due diligence method may be used to a variety of other sorts of ventures. Due diligence is scrutinising a company's financial statements, analysing them over time, and measuring them against rivals. Due diligence is used in a variety of other situations, such as performing a background check on a potential employee and reading product reviews.
To know more about the Due diligence, here
https://brainly.com/question/29807625
#SPJ4
Emerald inc. Sells a particular textbook for $20. Variable expenses are $15 per book. At the current volume of 50,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:.
The annual fixed expenses associated with the textbook total $250,000.
What is the annual fixed expenses associated with the textbook total?To determine the annual fixed expenses associated with the textbook, you need to calculate the total expenses at the current volume of 50,000 books sold per year. This can be done using the following formula:Total expenses = Fixed expenses + Variable expenses x Number of books soldSince the company is just breaking even, this means that the total expenses equal the total revenue:Total expenses = Total revenueSubstituting the given information:Fixed expenses + Variable expenses x Number of books sold = Revenue per book x Number of books soldFixed expenses + $15 x 50,000 = $20 x 50,000Solving for fixed expenses:Fixed expenses = ($20 x 50,000) - ($15 x 50,000)Fixed expenses = $1,000,000 - $750,000Fixed expenses = $250,000Therefore, the annual fixed expenses associated with the textbook total $250,000.To learn more about Annual expenses refer:
brainly.com/question/26383826
#SPJ4
what the tech and media layoffs are really telling us about the economy
which of the following statements about deficits and debt is true? if the government run a fiscal surplus, it will increase its external debt. interest payments on the national debt can limit other spending options that the government might have. government represents the sum of all borrowing by banks from the central bank, minus any repayments. when economy-wide interest rates increase, the value of outstanding debt increases. in most developed countries, foreigners are prohibited from owning the country's bonds or debt.
From the given statements, the true statement is that government represents the sum of all borrowing banks from the central bank, minus any repayments.
In most developed countries, it is not prohibited for foreigners to own the country's bonds or debt. In fact, it is common for foreign investors to own a significant portion of a country's debt. When the economy-wide interest rates increase, the value of outstanding debt may decrease as the cost of borrowing increases, making the existing debt less attractive to investors. Government debt represents the sum of all borrowing by the government, not just borrowing from the central bank. If the government runs a fiscal surplus, it means it is taking in more revenue than it is spending, which could reduce the government debt over time. However, interest payments on the national debt can still limit other spending options for the government, as the government must allocate resources to pay the interest on the debt.
To read more on central bank, visit https://brainly.com/question/29457509
#SPJ4
two types of information found in an annual report, other than the financial statements and accompanying footnotes, and describe how they are helpful to the users of annual reports.
The financial statements and accompanying footnotes are crucial components of an annual report, but they are not the only sources of valuable information. A letter from the CEO or senior executive and a section on the company's operations and activities provide additional insight into the company's financial health, strategy, and future growth potential, making them helpful to the users of annual reports.
An annual report is a comprehensive document that contains a company's financial information for a specific year. While the financial statements and accompanying footnotes are critical components of an annual report, there are two other types of information that are also valuable to its users.
The first type of information is a letter from the CEO or another senior executive. This letter provides an overview of the company's performance over the past year and its goals for the future. It helps users of the annual report to understand the company's overall strategy and how it plans to achieve its goals.
The second type of information is a section on the company's operations and activities. This section provides an in-depth look at the company's products and services, as well as its markets and competition.
for more answers on financial statements,annual report,footnotes:
https://brainly.com/question/15576380#
#SPJ11
ceo jack welch created a competitive advantage for general electric by subdividing the company into strategic business units (sbus) with individual strengths and concentrations. ge created a competitive advantage by focusing on:
By separating General Electric into strategic business units (SBUs) with distinct strengths and concentrations, CEO Jack Welch gave the corporation a competitive edge. GE focused on the following to gain a competitive edge: Core Capabilities.
Seneca, a Roman philosopher, famously remarked that luck is what results when opportunity and preparation coincide. A accidental encounter that results in a job interview or a sudden resignation from a boss that opens the door to a fast-tracked promotion are examples of how serendipity might generate opportunities, but nothing allows.
The relative market share (which indicates profitability through economies of scale) and market growth rate are the two dimensions of the BCG matrix (indicating market attractiveness).
Learn more about competitive Visit: brainly.com/question/26514848
#SPJ4
Which of the following statements is true regarding public policy and government regulation?
A.
Government regulation does not get involved in how companies compete with one another.
B.
When public policy is developed, the government does not consider what is good for society; it focuses only on business.
C.
Legislation affecting business around the world has increased steadily over the years.
D.
Marketers can safely ignore government laws and regulation because they are rarely enforced.
E.
Government regulation has no impact on international marketing.
The true statement regarding public policy is that legislation affecting business around the world has increased steadily over the years.
The response of the government, a government agency, or a public official to the issue that is brought to their attention for consideration is known as public policy. Governments all over the world have established an increasing number of laws and regulations that have an impact on businesses. Political and environmental concerns, as well as sociological and economic developments, frequently influence this.
Numerous subjects, including consumer protection, labor standards, environmental protection, intellectual property rights, and data privacy, may be covered by the laws and regulations. In order to comply with the law and sustain positive relationships with all stakeholders, including clients, team members, and the neighborhood, businesses must stay current with these developments.
Read more about public policy on:
https://brainly.com/question/28884301
#SPJ4
What feature of Privileged Identity Management allows you to define extended permissions for a user over a finite period ? 1 ) Restriction 2 ) Discovery 3 ) Assignment 4 ) Time-Limited Activation
In Privileged Identity Management, time-limited activation allows you to grant temporary access to specific privileges to a user for a specific period of time. So, The correct answer is option D.
This ensures that the user only has access to the necessary permissions when they need them, reducing the risk of unauthorized access or misuse.
For example, if an auditor needs to access confidential financial information, you can grant them temporary access to that information for a specific period, such as a week or a month. Once the period is over, the user's access to the information will automatically be revoked, ensuring the security of the information.
To read more about identity, visit-
https://brainly.com/question/30120010
#SPJ11
a group that has the willingness, ability, and authority to buy a product is a a. strategic business unit. b. consumer. c. market. d. business customer. e. strategic window.
A market is a group of people or organizations with the willingness, ability, and authority to buy a product or service. Option c.
A market is comprised of both consumers and business customers, and can be segmented based on any number of criteria.
When considering a market, it is important to understand the needs of the target audience and the competitive landscape.
This will help inform product positioning and messaging. Understanding the market is also key to understanding the potential reach of a product or service and identifying any potential opportunities or challenges.
In addition to understanding the market in business, it is important to understand the strategic window. This involves understanding the macro-economic factors that can affect the success of a product or service.
This information can then be used to inform pricing and the business model.
To learn more about product, click here:
https://brainly.com/question/22852400
#SPJ4
Multiple choice question.a)$15,000. b)$35,000. c)$25,000. d)$10,000.Which of the following are stockholder equity accounts?
Capital stock is a stockholder's equity accounts Thus, option B is correct.
According to the corporate charter, capital stock is the number of common and preferred shares that a company is authorised to issue. Capital stock can only be issued by the company and represents the total number of shares that can ever be issued. The amount is shown on the balance sheet under shareholders' equity.
The number of outstanding shares (shares issued to investors) does not always equal the number of available or authorised shares. Authorized shares are those that a company is legally permitted to issue—capital stock—while outstanding shares are those that have been issued and are still held by shareholders.
Learn more about Capital stock
https://brainly.com/question/29992715
#SPJ4
Correct question:
Which of the following accounts is a stockholders' equity account? a. Cash B Capital Stock c.
which of the following is a benefit of a compliance plan? a. zero billing mistakes b. eliminates the change of a payer audit c. resolution of employee conflict d. faster, more accurate payment of claims
Option (d), A compliance plan has the advantage of facilitating faster, more precise claim payment.
What does a compliance strategy serve as a vehicle for?To make sure that employees of a firm are adhering by all pertinent rules and regulations, compliance programs offer a list of standards and best practices. Compliance programs can assist businesses in defending their reputation from disputes and legal action.
A series of regulatory tasks can be organized using compliance plans, which enable the development of a comprehensive strategy to fulfill regulatory requirements in a structured manner. A compliance plan might be developed, for instance, to keep track of regulatory responsibilities or to perform compliance checks against various regulatory standards.
Learn more about compliance plan: https://brainly.com/question/10427400
#SPJ4
an accounting system is designed to do which of the following activities: classify the data in a meaningful way. accumulate data about a firm's financial activities. summarize info in financial statements.
Classify the data in a significant way. accumulate facts about a firm's economic activities. summarize info in financial statements.
The accounting device is if truth be told a database of records about business transactions.
The essential use of a database is as a source of information, so the accounting system desires to be designed in a manner that is competitively priced in offering the wanted information.
Why are accountants system designers?The accountants play an important role in developing and evaluating the standards of manipulate and protection of the accounting device for the reason that they work intently with the designers of the system.
Such count allows to make sure that the standards of the manipulate and safety are suitable and sufficient.
Learn more about accounting system design here:
https://brainly.com/question/30322747#SPJ4An analysis of 222Cool Company’s liabilities disclosed the following: accounts payable after deducting debit balances
in supplier’s account amounting to P22,500 (accounts payable included non-trade liabilities of P32,500) P105,000;
accrued expenses, P15,000; credit balances in customer’s account P13,500; stock dividend payable, P70,000; claims
for increase in wages and allowances by employee of the company, covered in a pending lawsuit, P125,000; estimated
liabilities for premium, P60,000. How much should be presented as total current liabilities in the statement of financial
position?
a. 6,000
b. 168,500
c. 183,500
d. 216,000
216,000 should be presented as total current liabilities in the statement of financial position. In fiscal account, a liability is defined as the unborn offerings of profitable benefits that the reality is obliged to make to other realities as a result of once deals or other once events, the agreement of which may affect in the transfer or use of means, provision of services or other yielding of profitable benefits in the future.
accounts payable- trade and non-trade (105000+ 22500) 127,500
Accrued expenses 15,000
Credit balances of customer's account 13,500
Stock dividends payable- equity account --
Claims for increase in wages and allowances by employees
of the company's covered in a pending lawsuit --
Estimated liabilities for premium 60,000
Total 216,000
To know more about liabilities, visit: brainly.com/question/15006644
#SPJ4
a+inc.+purchased+100%+of+the+voting+shares+of+b+inc.+on+july+1,+2019.+which+of+the+following+statements+is+true?
A company acquiring 100% of the voting shares of another company means that the acquiring company has gained control over the target company. When a company purchases 100% of the voting shares of another company, it effectively becomes the owner of that company and has the ability to control its operations.
The voting shares of a company refer to the shares that give their owners the right to vote on important decisions that affect the company, such as the election of directors or approval of major transactions. By acquiring 100% of the voting shares of a company, the acquiring company has gained control over the voting power and therefore has the ability to make decisions for the target company.
In the case you mentioned, company A+ Inc. purchased 100% of the voting shares of company B+ Inc. on July 1, 2019. This means that A+ Inc. now has full control over B+ Inc. and is responsible for making decisions on behalf of B+. The acquisition of the voting shares allows A+ Inc. to effectively control the operations of B+ Inc. and make decisions that will impact its future.
In conclusion, acquiring 100% of the voting shares of a company gives the acquiring company the power to control the operations and decisions of the target company, and the statement that is true is that A+ Inc. has control over B+ Inc. due to its acquisition of 100% of the voting shares.
For more about voting share:
https://brainly.com/question/3283214
#SPJ11
The question is incomplete, the complete question is
a inc purchased 100% of the voting shares of b inc. on july 1, 2019. which of the following statements is true?