Depreciation would be typically added to the Adjustments' column on a worksheet. Hence, option A is correct.
A tangible item's cost can be spread out over the period of its useful life using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended.
It makes it possible for companies to buy assets over a predetermined period of time and profit from those assets. Depreciation is the process of taking the whole cost of an expensive item you bought for your business out of consideration.
But rather than finishing it all in one tax year, you write off parts of it over time. You have more control over your budget when you depreciate assets since you can plan out how much money is written off each year.
Thus, option A is correct.
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A Purchasing Specialist is sometimes referred to as what? Select all that apply *
Purchasing Agent
Purchasing Manager
Procurement Manager
Buyer
[tex]\text{Hello there!}[/tex]
A Purchasing Specialist is sometimes referred as a [tex]\bold{Procurement Manager.}[/tex]
This is because they're responsible for purchasing/procuring supplies.
They relatively have the same roles, however, occasionally referred to by different names.
[tex]\text{The job of the}[/tex] [tex]\bold{Purchasing\;Manager}[/tex] [tex]\text{\;is to purchase supplies for the company.}[/tex]
[tex]\text{For example, purchasing lettuce for a}[/tex] [tex]\bold{fast\;food\;restaurant.}[/tex]
[tex]\text{The job of the\;}[/tex] [tex]\bold{Purchasing\;Agent}[/tex] [tex]\text{is to buy supplies that the company needs.}[/tex]
[tex]\text{The job of the}[/tex] [tex]\bold{Procurement\;Manager}[/tex] [tex]\text{has the same responsibilities as the}[/tex][tex]\bold{Purchasing\;Manager.}[/tex]
Therefore, all of the possible referred answers are going to be correct.
The only differences are going to be the names.
[tex]\rule{300}{1.0}[/tex]
QUESTION 6 of 10: You own an art supply store and the total sales in your trading area equal $17,500. Your store accounts for $6,000 of the total. In this scenario, $6,000 refers to your: O a) Price per unit b) Balance sheet O c) Margin O d) Market share
Answer:
In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.
Explanation:
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.
constructive criticism
verbal warning
destructive criticism
discipline
Answer:
conatructive critcism
Explanation:
they are critisming you so you can do better
Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."
Answer:
Closing entry for closing net profit / net loss for the year ended
Explanation:
In case of net profit, for the year ended closed -Profit & Loss a/c .. dr
to Capital ac
{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}
In case of net loss, for the year ended closed -Capital a/c .. dr
to Profit & Loss ac
{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}
please help me
Part 1: Educational Costs
1. What is your top career choice?
2. Using the Occupational Outlook Handbook, what are the educational requirements for
that career? Include information about the type of degree or certification needed (if
applicable)
3. After reading the lesson, conducting your own research, and talking with family, how do
you plan to finance your future education?
4. What is the estimated cost of training or future education to achieve your career goal?
To determine this cost, research institutions you could attend and their associated costs
by visiting the College Navigator link.
5. Why is it important to think about these financial costs now?
Answer:
This is supposed to be based on your own opinion
Explanation:
Homeowners typically pay property taxes to
reduce the amount of their mortgages.
avoid having to make a down payment.
help finance state and local governments.
help finance the campaigns of politicians.
Answer:
C. help finance state and local governments.
Explanation:
Property tax payments from homeowners normally go toward funding state and municipal governments. Option (C) is hence the appropriate response.
What is meant by a Property tax?The term "property tax" refers to an ad valorem tax on the value of a property, and its rate is typically represented as a percentage or per mille.
The governing body of the area where the property is located is in charge of imposing the tax. Depending on the context, this might refer to a municipality, a county, a federated state, or the federal government. One property may be subject to taxation by many countries.
Real estate commonly faces a property tax. Annually or during a real estate transaction, such as with real estate transfer tax, it may be levied.
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Choosing to go to college over getting a job right out of high school is an example of a(n) _____.
fixed cost
opportunity cost
variable cost
none of the above
If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment
Answer:
B. Insurance premium
Explanation:
If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.
What are companies?A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner.
As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.
After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.
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The United States’ central bank, the , holds the account balances of the country’s commercial banks. These are called .
1st drop menu: Federal Reserve, Bank of America, Goldman Sachs, Capitol Federal
2nd drop menu: Deposit Money, Bankers' Deposits, Online Banking
Answer:
Reserves
Explanation:
The Federal Reserve is the regulator and banker to commercial banks in the US. All commercial banks are required to open and operate an account with the Federal Reserve. The money that commercial banks deposits in their accounts at the federal reserve is known as reserves.
The Federal reserves use the reserves just as the commercial banks make use of customer deposits. 'Bank reserves' is another term that refers to commercial bank deposits.
What are stocks and mutual funds?
Answer:
Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.
A communication style is ____________________
Answer:
Communication styles are the broad ways in which people tend to communicate with others.
Explanation:
Answer:
Texting
Explanation:
Which beat defines a service?
Answer:
A service is basically a action of helping or doing work for someone.
Explanation:
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
What is the difference between division of labour and specialisation?
Answer:
Specialization refers to an individual while division of labor is social or refers to society (the aggregation of individuals). Division of labour is the separation of the production process into different operations, from intellectual to manual, from each process in a production line, from country to country, etc.
Your mom gets paid on the 15th of every month, but she’s running low on cash. Your brother’s birthday is coming up on the 10th and she needs to buy him a few more gifts. Should your mom use her debit card or credit card in this situation? explain
Answer:
The mom should use the debit card and get for him what she can cause If she doesn't have enough she is going too need to pay the government the money she took out
The mother should use the debit card and get for him what she can cause if she doesn't have enough she is going to need to pay the government the money she took out.
What is a debit card?A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.
Some debit cards carry a stored value with which a payment is made, but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card.
This is referred to as a virtual card.
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What types of insurance is David likely to get through his employer?
David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (Blank)
insurance covers prescription drugs and immunizations. David will also be receiving (blank) insurance at no cost from his employer.
1. casualty, health, life
2. automobile, disability, renters
Answer:
1. health 2. disability
Explanation:
Answer:
health & disability
Explanation:
last week where you work you sold 356 apples and lost 24 because they expired. the store paid $0.79. what profit did the store make on apples last week ?
Answer:
$1.50 is the correct answer to the question
Explanation:
Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F
Answer:
Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)What three factors should you consider when selecting a savings account?
Answer:
Maximizing Interest Rates. The interest rate on the account offered by the bank is typically what will help you decide the savings account option that is best for you. ...
Fixed Term. ...
Convenience. ...
Minimum Deposits and Avoiding Monthly Fees. ...
Consider Placing Your Savings in More than One Bank.
Which of the following regulates the International Monetary Fund?
a. un
b. international bankers association
c. u.s
d. international finance committee
Answer:
A. UN
Explanation:
The International Monetary Fund (IMF) is an international organization that aims to promote monetary cooperation, secure financial stability, make international trade easier, increase employment, and reduce poverty. It consists of 190 countries, and its headquarters are located in Washington, D.C. Along with the World Bank, the IMF is a part of the United Nations system. This means that it's regulated by the UN.
