which of the following statements is true? which of the following statements is true? posting occurs when numbers in the general ledger accounts are transferred to the general journal. if all transactions are correctly posted to the general ledger, the sum of the accounts with debit balances should be equal to the sum of the accounts with credit balances. if the sum of the debit balances equals the sum of the credit balances, then there were no mistakes made in the posting process. if a debit entry is made to an account in the general journal, the same account will receive a credit entry when the amount is posted to the general ledger.

Answers

Answer 1

The first and second statements are true: "Posting occurs when numbers in the general ledger accounts are transferred to the general journal."

Data from source documents are transferred to the general ledger accounts, which serve as a permanent record of the business's financial transactions, through the posting process. The general ledger receives the data from the general journal, which provides a chronological record of transactions, and updates and summarises it.

The sum of the accounts with debit balances should equal the sum of the accounts with credit balances if all transactions are properly recorded in the general ledger.

Every transaction in double-entry accounting involves a debit and a credit entry, which must balance. The total number of debit entries should equal the total number of credit entries if all transactions are accurately documented and posted. A crucial component of double-entry accounting is the balance of debit and credit entries in the general ledger, which serves to assure the correctness of the financial records.

The final claim, "If the total of the debit balances equals the total of the credit balances, then there were no errors in the posting process," is not always true.

Although a fundamental tenet of double-entry accounting, the balance of debit and credit entries does not ensure that all transactions were accurately recorded and posted. Even if all of the debits and credits balance out, there could still be errors in the transaction recording process, such as inaccurate amounts or accounts.

The fourth assertion is likewise accurate: "If a credit entry is made to an account when the amount is posted to the general ledger, the same account will get a credit entry."

Every transaction in double-entry accounting requires a debit and a credit entry. When the amount is posted, the same transaction that was entered as a debit in the general journal will be entered as a credit in the general ledger. This gives a permanent record of the transaction in the general ledger and guarantees that the debit and credit entries balance.

To know more about general journal: https://brainly.com/question/30173469

#SPJ4


Related Questions

Which of these is NOT a function of a hypothesis?
Multiple Choice
Encourages the researcher to broaden the array of data needed.
Encourages researcher to think about facts/data needed to support or reject the hypothesis.
Encourages researcher to think about relationships between variables.
Suggests the research design.

Answers

"Encourages the researcher to broaden the array of data needed", is not a function of a hypothesis. Hence, the correct option is A.

An assumption is said to as a hypothesis when it is supported by evidence. Any investigation that turns the research questions into predictions must start here. Variables, the population, and the relationships between the variables are among its constituent parts.

A hypothesis used to examine the link between two or more variables is known as a research hypothesis. One of the roles of a hypothesis is that it makes observations and experiments possible and serves as the basis for further research. Additionally, it aids in correlating the observations and guiding the appropriate enquiries.

The correct answer is option A.

Know more about hypothesis here

https://brainly.com/question/28920252

#SPJ4

raquel is working on a technical seo audit for a new client who recently decided to move their website from http to https. when starting her audit, raquel notices that some http pages were never redirected to the https pages, which is now causing issues for the site in search. however, this client is very resistant to the idea of implementing more redirects, since they've heard that this can lead to a drop in their search performance. how should raquel approach this situation with her client?

Answers

She should fully halt the technical SEO audit and inform her client that she is unable to proceed until the redirection of HTTP pages to HTTPS has been handled.

She should explain to her client how redirects operate (emphasis on how 301 redirects transmit "link juice" to new pages), how having HTTP and HTTPS pages creates duplicate content, and how this may have a detrimental impact on the site's speed. She should clarify that, despite the possibility of a decrease in search performance brought on by incorrectly implemented redirects, they are an unavoidable evil and that the HTTP pages must be immediately switched over to HTTPS.

To learn more about SEO click here

brainly.com/question/29582565

#SPJ4

legal positivism, identification with the vulnerable, and cost-benefit are examples of: blank .

Answers

Legal positivism, identification with the vulnerable, and cost-benefit are examples are Legal Philosophy: These concepts represent different approaches to understanding the nature of law and how it should be used to govern society.

What is legal positivism?Some key points to consider when discussing these concepts include:Legal Positivism: This philosophy emphasizes the idea that laws are created by human beings and are enforceable because of the power of the state, regardless of whether they are moral or just.Identification with the Vulnerable: This approach to law focuses on protecting the interests of marginalized and vulnerable groups in society.Cost-Benefit Analysis: This method is used to evaluate the potential benefits and costs of a particular decision or action, including legal decisions, by weighing the costs and benefits of different options.

To learn more about legal positivism refer:

brainly.com/question/14524536

#SPJ4  

The project charter serves as a formal legal contract between the project team and the project sponsor.
T or F

Answers

False, A formal legal agreement between the project team and the project sponsor is not created by the project charter.

What commitments are made in the project charter?

A crucial document known as the project charter describes the fundamental conditions that must be met for the project to live up to stakeholders' expectations. Formally, a project charter is an agreement between a business that has committed to provide a good or service and a client who has requested and received the item or service.

A contract is there one in the project charter?

Specified in a project charter is an agreement between the project manager, sponsor, and significant stakeholders. Goals, deliverables, and scope of the project are all specified in it. The charter also details the duties and functions of each team member.

Learn more about project charter: https://brainly.com/question/29899562

#SPJ4

which market will have the most competing dentists with comparable prices?

Answers

A market with a high density of population will have the most competing dentists with comparable prices.  

The factors such as population size, consumer demand for dental services, and the presence of other dental providers in an area can affect the level of competition and prices in a given market.

Considering these factors, the densely populated urban areas with high disposable income are likely to see the presence of many dentists offering services at a comparative price. On the other hand, smaller areas with less population will not require the services of as many dentists.  

To know more about high-growth markets, visit – https://brainly.com/question/7007015 

#SPJ11

measurement of productivity in service is more straightforward than in manufacturing since it is not necessary to take into account the cost of materials.

Answers

This statement is True, measurement of productivity in service industries is often more straightforward than in manufacturing, as there are no physical goods produced and therefore no costs associated with raw materials.

Manufacturing is the process of turning raw materials into finished goods through a series of steps. This process involves designing, planning, sourcing materials, producing, testing, and distributing products. The manufacturing process often takes place in a factory setting and may involve a variety of processes such as assembly, molding, cutting, welding, and stamping.

The end goal of manufacturing is to create products that are functional, safe, and of high quality. The success of a manufacturing process depends on many factors including the quality of the raw materials, the efficiency of the equipment, and the skill of the workers.

Manufacturing has a significant impact on the economy as it creates jobs, drives innovation, and contributes to the growth of a country's gross domestic product (GDP). The industry is constantly evolving with the use of new technologies such as robotics, automation, and 3D printing, which are helping to make the manufacturing process faster, more efficient, and more cost-effective.

To learn more about Manufacturing visit here:

brainly.com/question/13740503

#SPJ4

Complete Question:

Measurement of productivity in service is more straightforward than in manufacturing since it is not necessary to take into account the cost of materials.

A). True

B). False

Which designation includes personally identifiable information?

Answers

Information that can be used to identify a person, such as their full name (if it's uncommon), face, home address, email, ID number, passport number, license plate number, fingerprints or handwriting, credit card number, etc., is referred to as personally identifiable information, or PII.

Any information that connects to a specific individual is considered personal information, also known as personal data. Examples of personal information that are readily apparent include a person's name, mailing address, email address, phone number, and medical records (if they can be used to identify the person).

The categories of personal information that are typically covered are listed below: confidential information. sensitive facts about an individual. information on health.

For such more question on Personally:

brainly.com/question/29213175

#SPJ4

which of the following is a complex sentence? question 13 options: visit our website to learn more about our newest product line. the conference will be held on monday, but few managers will be able to attend. employers are now using social media sites to screen applicants; therefore, job seekers are advised to clean up their digital presence. because of rising insurance premiums, many companies are offering employee-wellness incentives.

Answers

Complex sentence- As a result of rising insurance costs, it is advised that job seekers clean up their online reputation.

Complex sentences fall into one of the four categories of sentences based on structure (simple, complex, compound, and compound-complex). They are unique to complex and complex-compound sentences and are only present in these types of sentences.

A complex sentence consists of one independent clause and at least one dependent clause. It works best when you need to change or amplify the main idea of your claim. Complex sentences are easy to recognize because they frequently use subordinating conjunctions to link clauses, such as because, since, or until.

Dependent clauses, also known as subordinate clauses, are those that cannot be used on their own to complete a sentence. In the absence of an independent clause, a dependent clause is essentially a sentence fragment.

To know more about complex sentence click here,

https://brainly.com/question/14908789

#SPJ4

what is an example of a regional trade agreement that has reduced trade barriers between nations?

Answers

One example of a regional trade agreement that has reduced trade barriers between nations is the North American Free Trade Agreement (NAFTA).

NAFTA is a trilateral trade agreement between the United States, Canada, and Mexico that was signed in 1994. The agreement eliminated tariffs and other trade barriers on a wide range of goods and services traded between the three countries, making it easier and more cost-effective for businesses to trade across North America. NAFTA has had a significant impact on the economies of the participating countries, boosting trade and investment, creating jobs, and spurring economic growth. It has also helped to integrate the economies of the three countries and increase their competitiveness in the global marketplace. Overall, NAFTA is considered to be a successful example of a regional trade agreement that has reduced trade barriers and increased economic cooperation between nations.

To learn more about NAFTA here:

https://brainly.com/question/29636043

#SPJ4

Refer to Table 3. 11, GSS data on party ID and race.

Party Identification

Race Democrat Independent Republican

Black 192 75 8

White 459 586 471

a. Using 2 X and 2 G , test the hypothesis of independence between party identification and

race. Report the p-values and interpret.

Answers

One way to test the hypothesis of independence between party identification and race is to use a chi-squared test for independence.

What is chi-squared statistic?

The null hypothesis is that there is no association between race and party identification, and the alternative hypothesis is that there is an association. The p-value can be calculated from the chi-squared statistic and the degrees of freedom. This test has (2-1)(2-1) = 1 degrees of freedom.

The chi-squared statistic can be calculated as follows:

chi_squared = sum((observed - expected)^2 / expected) where observed is the number of people in each cell of the contingency table, and expected is the number of people expected in each cell if the variables were independent. The p-value can then be calculated using a chi-squared distribution table or using a statistical software package. The interpretation of the p-value is as follows: if the p-value is less than a significance level (e.g. 0.05), then we reject the null hypothesis and conclude that there is evidence of an association between race and party identification.

If the p-value exceeds the significance level, we fail to reject the null hypothesis and come to the conclusion that there is insufficient data to indicate a link between the two variables.

To learn more about chi_squared refer:

brainly.com/question/4543358

#SPJ4

what actions would you have taken if you were an arthur andersen audit partner in the enron audit engagement?

Answers

I would have challenged the decisions made by Enron management that were not in line with generally accepted accounting principles (GAAP).

I would have ensured that proper disclosure was made regarding Enron's off-balance-sheet activities and that all information was accurate, relevant, and up-to-date. I would have also implemented additional checks and controls to make sure no conflicts of interest or fraudulent activity were taking place.

If I had been an Arthur Andersen audit partner, I would have been extremely thorough in my review of the Enron audit engagement. I would have made sure that all accounting policies had been compliant with applicable laws and regulations and that all books and records were kept accurately and in accordance with GAAP.

I would have also ensured that all financial statements presented were a fair and accurate representation of the company's underlying financial position.

Additionally, I would have taken the time to review all accounting changes proposed by Enron, as well as all related transactions and activities, to make sure that no unethical practices were taking place.

To know more about Enron management click on the link below:

https://brainly.com/question/14771295#

#SPJ11

what is a limitation in calculating ratios in financial statement analysis

Answers

Ratio analysis has some restrictions because it completely disregards the qualitative features and only takes into account the quantitative ones.

What are ratios analysis's drawbacks?

Information from ratio analyses is historical in nature; it is not current. External issues, such as a global recession, are not included in ratio analysis. The human component of a company is not measured by ratio analysis.

What are the financial ratios' severe limitations?

Listed here are a few financial ratio limitations:

Accounting numbers, however, are also susceptible to errors, approximations, variations in practice, and sometimes even some degree of manipulation. Because of this, ratios are not very useful in reaching valid conclusions.

To know more about financial ratio visit:

https://brainly.com/question/28650442

#SPJ4

What is a key factor contributing to the feeling that some people have been left behind by globalization?
a. Increased protectionism b. high tariff barriers c. advances in technology d. China’s highly skilled workforce

Answers

Increased protectionism  is a key factor contributing to the feeling that some people have been left behind by globalization. The term "globalisation" is used to describe how trade and technology have increased connectivity and interdependence around the world.

The resulting economic and societal developments are also included in the scope of globalisation. Globalization is the acceleration of international exchanges and movements (of people, things, and services, money, technologies, or cultural norms). One of the effects of globalisation is to promote and protectionism relationships between different communities and places around the world.  Additionally, it makes it easier for businesses to expand internationally, diversify across cultures, and pay less in tariffs and taxes while conducting business abroad. further reading.

To learn more about Globalization, click here.

https://brainly.com/question/15283031

#SPJ4

a new hardware company is writing its mission statement. which of the following is the best mission statement possible for the new company?

Answers

We will work with clients to construct, revitalize, repair, update, or entirely redesign their homes or businesses.

Singular, plural, and noncount nouns can all be used with the word "business." Businesses is the plural of business as a count noun with a -es ending. The easiest type of business structure is a sole proprietorship. The plural version of the word business, which is used to refer to a "company," is simply referred to as businesses. Incorporating a business into a statement is as follows: Over time, Amazon has bought a lot of companies. Any particular company would have appropriate nouns in its names. Since a proper word must identify a particular business, there isn't one that would work for all businesses. A typical noun is "business."

Learn more about businesses here

https://brainly.com/question/29060032

#SPJ4

A new hardware company is writing its mission statement. Which is the BEST mission statement for the new​ company?

your company created a new labor plan, which will save the company a lot of money. however, you have concerns because some associates’ hours will be reduced.

Answers

1. First one is highly effective because the talking about plan to the leader is best.

2. Second one is Ineffective.

3. Third one is Moderately effective.

4. Moderately effective

Substantial financial support means the amount of support which equals or exceeds the amount necessary to qualify the individual to be listed as a dependent on federal and state income tax returns.

There will be some older people with a substantial amount of resources available to them in the form of home equity. For some people, paid work involves a substantial amount of their physical activity, but this is lost on retirement.

Learn more about revised labor plan;

https://brainly.com/question/29905719

#SPJ4

Correct question;

Scenario: Your company finalized a revised labor plan, which will save the company a substantial amount of money. However, you have concerns because some of your associates' hours will be reduced.

Please rate the effectiveness of each response.

Talk with your leader to make sure your concerns were considered when the plan was developed.

Because the plan is already finalized, do not bring up concerns at this point.

Continually bring up your concerns until your leader undpoint of view and reconsiders the revised labor model.

Wait to see how the implementation of the new labor plan goes. If there is strong push back from your associates, bring up your concerns to your leader.

Ineffective

Slightly Effective

Moderately Effective

Highly Effective

TRUE/FALSE. the production possibilities frontier is a graph that shows the various combinations of output that an economy should produce.

Answers

The production possibilities frontier is a graph that shows the various combinations of output that an economy can possibly produce given the available factors of production. So, the given statement is True.

A production-possibility frontier (PPF), production possibility curve (PPC), or production possibility boundary (PPB) is a graphical representation in microeconomics that depicts all the output options for two goods that can be produced using all factors of production, provided that the resources are used fully and efficiently for each unit of time. The opportunity cost (or marginal rate of transformation), productive efficiency, and resource scarcity are only a few of the economic ideas that a PPF highlights (the fundamental economic problem that all societies face).

This tradeoff is typically taken into account for an economy, but it also applies to every person, home, and economic entity. Only by using resources from other products and so generating fewer of them can one good be produced.

To know more about production possibility frontier, https://brainly.com/question/14620714

#SPJ4

Consumer complaints are frequently reported to the Better Business Bureau. Industries with the most complaints to the Better Business Bureau are often banks, cable and satellite television companies, collection agencies, cellular phone providers, and new car dealerships. The results for a sample of 200 complaints are in the file BBB.


a. Show the frequency and percent frequency of complaints by industry.

b. Which industry had the highest number of complaints?

c. Comment on the percentage frequency distribution for complaints

Answers

Consequently, the cell industry receives the most complaints.

Step-by-step explanation:

a. The frequency and percent frequency of complaints by industry is shown below:

Industry            Frequency    Percentage Frequency

Bank                     26                    13%

Cable                    44                    22%

Car                        42                    21%

Cell                        60                   30%

Collection              48                   13%

b. Cell has the highest complaints (60).

c. The decreasing order of complaints goes thus: Cell (60%) , Cable (22%), Car(21%).

Both Collection and Bank, together account nearly up to 27% of the total complaints.

addressing (b): The sector with the most complaints

The highest frequency in the aforementioned table is 60, which corresponds to the number of complaints received by the cell industry.

How to solve (c): Comment

The percentage frequency table reveals that the banking industry (at 13%) receives the fewest complaints, while the cell industry (at 30%) receives the most.

To know more about cell industry, click the below link

https://brainly.com/question/29896377

#SPJ4

in developing standards, the fasb considers the: (select all that apply.)

Answers

In developing standards, the fasb considers the Needs of investors, Needs of creditors, Feedback from public stakeholders, Needs of preparers Feedback from regulators.

The FASB considers a variety of factors when developing financial reporting standards. This includes the needs of investors, creditors, preparers, and feedback from public stakeholders and regulators.

The needs of investors are an important factor in the development of standards. Investors rely on financial statements to make informed decisions regarding their investments. The FASB seeks to create standards that provide investors with the necessary information to make informed decisions.

The needs of creditors are also a factor. Creditors need to be able to assess the financial stability of a company before they are willing to lend money. The FASB works to create standards that provide creditors with the necessary information to make sound lending decisions.

The feedback from public stakeholders and regulators is also taken into account. The FASB seeks to create standards that are acceptable to all stakeholders and regulators. This includes taking into account concerns from public stakeholders and feedback from regulators.

Finally, the FASB considers the needs of preparers. The standards created by the FASB must be practical and achievable for preparers. This includes taking into account the resources available to preparers and the complexity of the standards.

To know more about feedback from public stakeholders:

https://brainly.com/question/30389801

#SPJ4

Primary markets are markets in which users of funds raise cash by selling securities to funds suppliers.a. Trueb. False

Answers

Primary markets are markets in which users of funds raise cash by selling securities to funds suppliers - True

The primary market is the market where new securities, such as shares, stocks, etc., are sold for the first time to the general public, often known as an initial public offering (IPO). The major market is demonstrated by the initial public offering. These securities are bought by investors directly from the issuer, who also receives all sales revenue.

On the other hand, secondary markets are places where securities that have already been issued be purchased and sold by investors rather than being issued for the first time. They, therefore, make it possible for businesses and governments to draw in investors and raise funds for debt repayment or expansion.

Read more about Primary markets on:

https://brainly.com/question/17168396

#SPJ4

3. describe the transit point proposal merloni is considering. what would be the costs and benefits of the proposed system?

Answers

Merloni is considering a transit point proposal that would provide a connection between their current public transportation systems.

This proposal would involve the construction of new train and bus lines, as well as the addition of new stops and stations. The cost to implement this system would be significant, but the benefits could be great. It could provide more efficient connections between public transportation systems, reduce the amount of time people spend commuting, and provide better access to job centers and other services.

Additionally, it could create new job opportunities and stimulate economic growth in the area. In conclusion, the costs of the proposed transit point proposal should be weighed against the potential benefits it could bring.

To learn more about cost, click here:

https://brainly.com/question/30045916

#SPJ4

The principle of comparative advantage does not provide answers to certain questions. One of those questions is as follows:
a. Do specialization and trade benefit more than one party to a trade?
b. Is it absolute advantage or comparative advantage that really matters?
c. How are the gains from trade shared among the parties to a trade?
d. Is it possible for specialization and trade to increase total output of traded goods?

Answers

The correct answer is option c. One of the questions that the principle of comparative advantage does not answer is how the gains from trade are shared among the parties to a trade.

The principle of comparative advantage is a fundamental concept in international trade and economics. It explains why countries and individuals should specialize in the production of certain goods and services and trade with others, even if one party is more efficient in producing all goods than the other. However, while the principle of comparative advantage provides a compelling argument for the benefits of trade, it does not provide answers to certain questions.

The principle of comparative advantage states that both parties to a trade will benefit, but it does not specify how the gains from trade will be divided between them. For example, in a trade between two countries, one country may benefit more than the other due to a variety of factors such as market power, bargaining power, and the terms of trade.

Another question that the principle of comparative advantage does not answer is whether it is absolute advantage or comparative advantage that really matters. Absolute advantage refers to the ability of a country or individual to produce a good at a lower cost than another country or individual. Comparative advantage, on the other hand, refers to the ability of a country or individual to produce a good at a lower opportunity cost than another country or individual. While both absolute and comparative advantage can lead to trade, the principle of comparative advantage argues that it is comparative advantage that is the most important in determining the pattern of trade.

To know more about comparative advantage refer to-

brainly.com/question/13221821#

#SPJ11

what types of decisions concern the allocation and utilization of resources?

Answers

Managerial decisions concern the allocation and utilization of resources

The goal of managerial decision-making is to enable the effective and efficient performance of corporate tasks while resolving identified challenges. Making a decision from among a greater number of possibilities is a cognitive process that is dependent on the information, knowledge, experience, and beliefs of the decision-makers. In order to accomplish organisational goals, managerial decisions entail the allocation and usage of resources like time, money, people, and materials.

Effective managers must balance the trade-offs between cost, quality, and time when making decisions that maximise the use of these resources. This calls for a thorough comprehension of the organization's assets and liabilities as well as any potential outside influences on its performance. These choices could be tactical like setting up work hours or strategic like putting money into new technology or expanding into new markets. The results of these choices could significantly affect the organization's performance and long-term viability.

Read more about Managerial decisions on:

https://brainly.com/question/14612567

#SPJ4

in 2002, congress passed what legislation seeking to prevent business scandals by increasing corporate responsibility through imposing additional corporate governance requirements on publicly held corporations?

Answers

Federal legislation known as the Sarbanes-Oxley Act of 2002 imposed stringent financial and auditing standards for publicly traded firms. To shield shareholders, employees, and the general public from accounting mistakes and dishonest financial activities, legislators enacted the legislation.

The law, also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and the "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House), is more commonly referred to as Sarbanes-Oxley, SOX, or Sarbox. It has eleven sections that impose guidelines on all boards of directors, management teams, and public accounting firms of U.S. public companies. The Act's provisions, such as the wilful destruction of evidence to obstruct a government investigation, also apply to privately held businesses. The rule was implemented in response to many significant business and accounting scandals, notably Enron and WorldCom.

To know more about legislation, click here https://brainly.com/question/29804648

#SPJ4

the problem confronting the decision maker is typically referred to as the . group of answer choices hypothetical decision problem theoretical decision problem research context problem management decision problem marketing research problem

Answers

The decision-issue maker's is frequently referred to as a marketing research dilemma. The business decision problem inquires as to what data is required and how it might be best acquired.

A decision dilemma is what is it?

decision-making issue the issue that has to be resolved and for which research is being done. decision-making that is discovery-focused. a decision-making issue that often aims to address the "what" or "why" aspects of a challenge or chance. Generally, producing useful information is the main goal.

What are managerial decision-making issues?

In contrast to the marketing research problem, which asks what information is required and how it may be best collected, the business decision point of concern what the decision maker must do. The goal of research is to provide the knowledge required to make an informed decision.

To know more about decision-making visit:

https://brainly.com/question/13244895

#SPJ4

What was the role of stockholders in a corporation quizlet?
What type of business organization is entirely legally independent from its owners?

Answers

The role of stockholder is provide capital assistance to companies to carry out company management. The type of business that entirely legally independent from its owners is Public Corporations.

In economic and business, a  stockholder generally can be defined as a person or entity that owns shares in a corporation. A stockholder also can be described as a person that own the preferred stock or common stock of a corporation (or both). Preferred stock may have special voting rights, dividends, and other features that are not available for common stock. Stockholder give an impact through the company by provide capital assistance to companies to carry out company management.

Here you can learn more about stockholder https://brainly.com/question/18523103

#SPJ4

now, suppose the government is experiencing a budget deficit. this means thatnational saving will decrease , which leads toa decrease in the supply of loanable funds.

Answers

As a result, the interest rate will increase, making borrowing more expensive for households and businesses. This decrease in borrowing will reduce investment spending, which will result in a decrease in aggregate demand and economic growth.

This can potentially impact investment and economic growth, as higher borrowing costs can discourage businesses from expanding and investing in new projects. However, government borrowing to finance the deficit can also increase demand for loanable funds, potentially offsetting the decrease in supply. The ultimate effect depends on the balance between these two opposing forces.

To know more about interest here

https://brainly.com/question/29480777

#SPJ4

jvl inc. adds all direct materials at the start of the production process. for a given period they had 100 units in beginning inventory that were 40% complete as to conversion costs. during the period, 1,500 units were started and completed. ending inventory contained 200 units that were 30% complete as to conversion costs. compute the equivalent units for direct materials using the fifo method.

Answers

The equivalent units for direct materials using the FIFO method are 1620 units.

Beginning inventory is 40% complete which means 60% is required to finish it. So,

                  100 * 60%

                = 60 in the beginning inventory

Now, we have 1500 started inventory which makes a total of,

1500 + 60 that is 1560 units.

We have 200 units that were 30% complete in ending inventory which means 60 in ending inventory.

Therefore, the total units are,

1500 + 60 + 60

= 1620 units.

Know more about Inventory Management here:

https://brainly.com/question/13439318

#SPJ4

     

who pays
income taxes

Answers

Answer:Middle-Income Taxpayers

Explanation:

it is right

Answer:

us citizens

Explanation:

Which situation describes a company experiencing an accounting loss? Click or tap a choice to answer the question Total revenue is more than total cost. The total cost includes only the implicit costs The explicit costs are higher than the Implicit costs. The explicit costs are higher than total revenue.

Answers

The situation which describes a company experiencing an accounting loss is when the explicit costs are higher than total revenue.

If the total cost exceeds the total revenue, the business is in the red. Explicit  cost is the total sum of cash spent to bring an item to market, whereas total revenue is the amount of money made by a business from the sale of its products or services.

The whole amount of money a vendor can make by providing goods or services to customers is known as total revenue. The formula for this is P Q, or the purchase price times the number of items sold. According to demand and price, it measures how successfully a company is generating revenue from its main operations.

To learn more about total revenue here

brainly.com/question/13000391

#SPJ4

if a firm is operating inside the production possibility curve, then it indicates that

Answers

if a association is running interior the production opportunity curve, then it suggests that the firm is no longer making use of the provided sources and technological know-how efficiently.

What happens when production is inner the production curve?

An financial system that operates at the manufacturing opportunity frontier, or the very part of this curve, has the best possible widespread of dwelling it can achieve, as it is producing as lots as it can using its resources. If the amount produced is interior the curve, then all of the sources are no longer being used.

What does the production possibilities curve indicate?

The manufacturing possibilities curve (PPC) is a format that indicates all of the different mixtures of output that can be produced given modern-day resources and technology. Sometimes known as the manufacturing probabilities frontier (PPF), the PPC illustrates scarcity and tradeoffs.

Learn more about production possibility curve here:

https://brainly.com/question/14183466#SPJ4
Other Questions
the sum of lukes age and gibsons age is 73 if lukes age is five years less than twice gibsons age how old is luke A triangular land having area 336 q meter and perimeter 84 meter ha length of an edge 26 meter. Calculate the meaurement of remaining two ide What is the weight of the golden temple a firm can begin to implement the marketing mix immediately after which step? What signal would be easier to interpret when it arrived at a far away destination? digital or analog? The half-life of a radioactive isotope is 3,100 years. Half of the original amount of the isotope is left. How many years have passed? what is a reason that renters insurance is so high now a days? what is the point of paying renters insurance? When you cite your sources, you are not only giving credit where it is due, but you are helping others to understand who ______. in slope intercept form y+3/5=-4(x-1/2) At presidential promise company, managers review a list of traits and place a check mark on the continuum True or False After the ratification of the 19th Amendment woman voted in overwhelming numbers. correct below if false Without certain tools, scientists would not be able to collect certain types of data in space. Why is this idea by explaining one tool that scientists use to collect data that they would not be able to collect without this technology. Pls hurry !!Which of the following represents the total area of the figure? 16.425 in 20.775 in 24.15 in 28.5 in Why is evolution science? In a car i moving in a traight line with peed 18 km/h. It i topped in 55 by applying brake. Find the peed of car after 2 of applying the brake How are countries or empires born ? Identify the health benefits associated with practicing meditation. which mutation would be most likely to have the most deleterious effect in a protein? company that is in the market with a few buying options for the consumer is enjoying a high amount of which of porter's five competitive forces which type of insurance provides you with coverage if you suffer from theft or natural disaster, such as fire or wind damage? Comprehensive insurance. liability insurance. Personal injury. property liability