To determine the book-keeping clean-up engagement the clients' inventory set-up process, current asset account, and importing customer data are reviewed.
How do you determine the scope of a bookkeeping clean-up engagement?To figure out how big a bookkeeping clean-up job is, do the following:
1. During the setup procedure, the opening balance for an inventory item was entered.
2. When creating an Other Current Asset account, the client entered an Opening Balance.
3. When utilizing the Import data tool to import customers, opening balances were included.
Check out the link below to know more about clean-up engagement;
https://brainly.com/question/16613282
#SPJ1
If material, separate categories of property and equipment should be disclosed in the notes to the financial statements. What category of Dollar General’s property and equipment is the largest at the end of fiscal year 2020 (ending 1/29/2021)?
Based on the financial statements of Dollar General, the largest category of property and equipment is Furniture, fixtures and equipment.
What is the largest category for property and equipment?The financial statements are not given for the year 2020 but based on the financial statements for fiscal year 2019, Furniture, fixtures and equipment have the largest balance of the Property and Equipment assets.
Out of the total net property and equipment, Furniture, fixtures and equipment account for a pre-depreciation balance of $3,298,594,000 which makes it the largest category.
Find out more on property and equipment at https://brainly.com/question/14984116.
A decrease in Inventory will be ______ net income when determining net cash flow provided by ______ activities on the statement of cash flows. Multiple choice question. added back to; operating
A decrease in Inventory will be added back to net income when determining net cash flow provided by operating activities on the statement of cash flows.
Does inventory influence net cash flow?Inventory is known to bring about cashflow and as such, an increase in inventory goods will be seen as a negative amount found in the cashflow statement, showing cash outlay.
Note that in the use of the indirect method to report cash flows from operating activities, a decrease in the inventory account will be added back to net income to be able to come to the net cash flow that is given by operating activities.
Learn more about net cash flow from
https://brainly.com/question/25716101
The financial manager for Appleton Brewing Company is working with the firm's marketing department to bring out a new line of hard cider. The new product development and subsequent production will require a long-term investment of funds by the company. Which source of financing would be representative of such a long-term funding requirement
Answer:
Brainliest pls
Explanation:
issuance of bonds
The source financing that would be representative of such a long-term funding requirement is issuance of bonds.
What is issuance of bonds?Issuance of bonds is one way for companies to raise money. A bond functions as a loan between an investor and a corporation. The investor agrees to give the corporation a certain amount of money for a specific period of time. In exchange, the investor receives periodic interest payments. When the bond reaches its maturity date, the company repays the investor.
The decision to issue bonds instead of selecting other methods of raising money can be driven by many factors. Comparing the features and benefits of bonds versus other common methods of raising cash provides some insight. It helps to explain why companies often issue bonds when they need to finance corporate activities.
Bonds have several advantages over bank loans and can be structured in many ways with different maturities.
Learn more about bonds, here:
https://brainly.com/question/31358743
#SPJ2
In most countries, companies have an incentive to use ______ because ______ payments are tax deductible. Multiple choice question.
Tax laws in most countries are such that companies are encouraged to use loan facilities / bonds because interest payments are deductible.
What do companies have an incentive to use?In most nations, the interest payments that a company makes on loans and bonds are removed from taxes.
This reduces the tax liability of a company which encourages them to use more loan facilities and bonds knowing that they would pay less in taxes.
Find out more on bond payments at https://brainly.com/question/1023268.
According to the acquired needs theory, the desire to influence others is part of the need for:.
Based on the acquired needs theory, the desire to influence others is part of the need for power self-actualization achievement.
What is acquired need theory?Acquired needs theory is said to be a theory that is also called McClelland's Needs Theory or Three-Needs theory.
Conclusively, this is known to be a theory that is as a result of the view that individual's needs are gotten as they live their lives or via life experiences and that the desire to influence others is part of the need for power self-actualization achievement.
Learn more about need theory from
https://brainly.com/question/11555274
Grid tools & hardware company is subject to a decision by the consumer product safety commission. Opposed to the decision, grid tools wants a court to review it. First, however, the firm must use all of the potential administrative remedies. This is.
The use of all of the potential administrative remedies when opposed to the decision of a consumer product safety commission is called the exhaustion doctrine.
What is an exhaustion doctrine?An exhaustion doctrine is also referred to as the first sale doctrine and it can be defined as a U.S. common law or legal principle which states that a plantiff must exhaust all possible administrative remedies before it can obtain judicial review from a court of competent jurisdiction.
This ultimately implies that, the exhaustion doctrine involves the use of all of the potential administrative remedies when opposed to the decision of a consumer product safety commission prior to obtaining judicial review from a court of competent jurisdiction.
Read more on exhaustion doctrine here: https://brainly.com/question/14306514
94.0% complete Question Cecilia and Landon DeFee purchased their primary residence in North Carolina this year, but still maintain a vacation property in the Smokey Mountains. Their home in N. Carolina was purchased for $450,000, and they paid $22,349 in interest the first year. The vacation property was purchased 5 years ago for $300,000 and they paid $14,795 in interest this year. The couple has no other itemized deductions. What is the mortgage interest deduction for Cecilia and Landon
The mortgage interest deduction for Cecilia and Landon for the year is $37,144.
What is mortgage interest deduction?Taxpayers, like Cecilia and Landon DeFee, who own their homes on mortgages, can reduce their taxable income by the amount of interest paid.
The loan must be secured on their property and should not exceed $750,000 for married couples filing jointly or $375,000 for each couple filing separately.
Data and Calculations:Primary Residence Vacation Property Total
Mortgage for property $450,000 $300,000 $750,000
Interest paid $22,349 $14,795 $37,144
Thus, the mortgage interest deduction for Cecilia and Landon for the year is $37,144.
Learn more about mortgage interests at https://brainly.com/question/22846480
#SPJ1
Ella has a degree in food services management and early childhood education. What company might be interested in hiring Ells?
A. A government office looking for a security guard
B. A nursery school looking for a dietitian
C. A police department in need of an animal control officer
D. A state senator in need of an executive assistant
Answer: B. a nursery school looking for a dietician
Explanation:
Because Ella has knowledge about food so she'd be a good dietician
According to your book, path-goal leadership most directly incorporates ______ theory to motivate others. Group of answer choices
In the book, it is shown that the path-goal leadership most directly incorporates the expectancy theory in other to motivate others.
What is the path goal leadership theory?The theory explains that a leader's behavior is dependent on the satisfaction, motivation or performance of their employees.
Hence, this leadership style most directly incorporates the expectancy theory in other to motivate others because the success of the team depends on the behavior and perfomance of others.
Read more about expectancy theory
brainly.com/question/2089749
It is well known that Pactronic LLC is the premier manufacturer of Pacmen. At Pactronic LLC, quality control is currently done manually -- a group of scientists decide whether a Pacman is ready to be released into the wild based on (Feature (A)) a Pacman's intelligence score and (Feature (B)) a Pacman's empathy score. Here are many examples of Pacmen that have been released and withheld in the past. Each dot corresponds to a Pacman, and responds to the following question as true or false: this Pacman is ready to be released
Quality control in Pactronic LLC is done manually making use of both Pacman's intelligence score and Pacman's empathy score to assess the quality of the products.
What is Quality Control?This refers to the process or system whereby already existing standards are tested and reviewed.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
Read more about quality control here:
https://brainly.com/question/25924894
What is ISO 14001 used for?
Answer:
ISO 14001 is an internationally agreed standard that sets out the requirements for an environmental management system. It helps organizations improve their environmental performance through more efficient use of resources and reduction of waste, gaining a competitive advantage and the trust of stakeholders.
Explanation:
hehe
Aaliyah has been asked to do research in a new payment system for the retail stores that her company owns. Which technology is predominately used for contactless payment systems that she will investigate?.
Andy Benton works at the local Starbucks coffee shop and his responsibilities include taking orders, fulfilling orders, and ringing in sales. At what level of the organizational pyramid would you categorize Andy
Andy is going to be categorized in the operational aspect of the organizational pyramid.
What is an organizational pyramid?This is the hierarchy that is knwon to exist in an organization. This would have the company executives at the top of the pyramid.
Other workers in the organization would be at the other parts of the pyramid.
Read more on organizational pyramid here:
https://brainly.com/question/17651558
Explain how credit card companies make money on their cards. what is a credit card issuer?
A credit card issuer is an unsecured creditor that makes money by charging and collecting fees for transactions made with a credit card.
How does a credit card issuer earn money?The credit card issuer is the one who grants credit to the consumer based on the holder's market credibility. He is an unsecured creditor because no collateral can be recovered if the cardholder defaults.
The following are some of the ways that card issuers make money from their cards:
Interest is charged when a credit amount is not paid on time.Charging merchants a fee for accepting credit card paymentsFees charged by payment gatewaysCharges for cash withdrawalsAs a result, the methods through which a credit card issuer or company earns money is in the ways as aforementioned above.
Learn more about credit card issuer here:
brainly.com/question/1160037
Answer:
Credit card companies make money on their cards by charging banks a fee to issue their cards. They also charge merchants to accept their credit cards when customers use them to pay for products and services. Credit card issuers are financial institutions that establish credit accounts for their customers and provide them with a pre-approved credit limit.
Explanation:
its the sample response
Major sources of foreign direct investment in terms of frequency and dollar amount are Group of answer choices fair trade programs. startup organizations. venture capitalists. transnational corporations. microfinance.
Venture capitalists are the main sources of foreign direct investment in terms of frequency and dollar amount.
What are Venture Capitalists?Corresponds to the purchase of businesses through shareholding, whose purpose is to increase the value of shares for subsequent exit.
Therefore, the venture capitalists provides an equity fund for companies with high growth potential, supporting their development with the aim of achieving substantial return on investment (ROI).
Find out more about venture capitalists here:
https://brainly.com/question/18776651
How can a company limit bad debts?
[tex]\huge\pink{Q}\pink{u}\pink{e}\pink{s}\pink{t}\pink{i}\pink{o}\pink{n}\pink{:}[/tex]
How can a company limit bad debts?
• Answer •Filter your customers. Not all customers are good for your business.Require up-front payments.Set reasonable credit limits.Provide clear payment terms and penalties.lmprove your accounting.Implement strict collection procedures.Use cloud-based software for debt collection.Answer:
The best way of controlling bad debts is not to provide credits to everyone. As more amount of credit will be given to the people, the risk of bad debts will increase. The funds left should be used for the development of the company.
Explanation:
hope it helps :)
pls mark brainleist :P
`
`
`
Tori
Future costs and benefits that do not differ between alternatives are ______ costs to the decision-making process.
Any form of future costs and benefits that do not differ between alternatives are seen as irrelevant to the decision-making process.
What is a decision making process?This is a process undergone to in making rational choices on a decision thorugh gathered information, and alternative resolutions.
The future costs and benefits that do not differ between alternatives are considered irrelavant to decision making because decision need to be made between choices, whereas, this cost or benefit does not offer that.
Read more about decision making process
brainly.com/question/1249089
What economic system focused on exports and acquiring precious metals?.
Mercantilism is an economic system focused on exports and acquiring precious metals.
What is Mercantilism?Mercantilism is an practice of economics that all was by which governments make use of their economy to enhance power.
They reduce the level of importation and increase the level of exportation.
Therefore, Mercantilism is an economic system focused on exports and acquiring precious metals.
Learn more on Mercantilism here
https://brainly.com/question/599745
Many small businesses rely on factoring as a source of short-term financing because Multiple Choice interest paid to a factor qualifies for a tax credit. small firms often find it difficult to qualify for bank loans. factoring provides a much cheaper source of funds than bank loans. loans provided by factors do not require collateral.
Factoring is a popular short-term finance option for many small enterprises because Small businesses frequently struggle to obtain bank loans. So, "small firms often find it difficult to qualify for bank loans" is the correct answer.
Why do small businesses rely on short-term financing?Short-term loans are more common for small firms than long-term debt funding.
Short-term loans are frequently preferred by businesses over factoring or merchant cash advances, which have higher interest rates and terms.
An unsecured business line of credit may be more difficult to obtain than this sort of loan.
Check out the link below to know more about short-term financing;
https://brainly.com/question/19709056
#SPJ1
When both debit and credit amounts have been posted to an account, what determines whether the balance is a debit or a credit?.
Answer:
Whenever the debits in an account exceed the credits, the balance is a debit. Whenever the credits in an account exceed the debits, the balance is a credit.
Explanation:
Rylen develops a new type of software and asks you how to go about making money through distribution of it. Rylen has been told to sell the software as opposed to issuing licenses for its use. What should you tell Rylen?
Answer:
Rylen has been told to sell the software as opposed to issuing licenses for its use. What should you tell Rylen? By licensing, rather than by selling, a software vendor can avoid the doctrine of first sale, which allows a lawful owner to sell or otherwise dispose of the copy.
What are two methods of analyzing capital investment proposals that both ignore present value?
The two methods of analyzing capital investment proposals that both ignore present value are cash payback period and the average rate of return.
What is the cash payback period method?
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
What is the average rate of return method?Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project
Average rate of return = average net income / average cost of investment
To learn more about the payback period, please check: https://brainly.com/question/25716359
Projects ___ when every trade is not on the same page on everything from scheduling to installations.
Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations.
What is project?A project is task or assignment that is given or done to achieve a specified results.
Projects are result oriented and time bound. It can be done individually or a s a group working together in an organization or firm.
Therefore, Projects are behind schedule when every trade is not on the same page on everything from scheduling to installations
Learn more on project here,
https://brainly.com/question/26718540
Scenario Creekside Robotics Corp. provides free lunch to its employees every day. The work environment is informal and friendly, which allows everyone to get to know each other. The company also holds a recreational event the last weekend of every month. Although the employees are all satisfied with these practices, the company implements a new incentive scheme to give cash rewards to employees who perform well. The company's goal is to keep its employees motivated.Which of the following needs is Creekside Robotics Corp. satisfying by providing a friendly work environment where everybody gets to know each other?
A. self-actualization
B. ego
C. social
D. safety and security
E. physiological
The social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment where everybody gets to know each other.
What is a social needs?This is a need that include friendship, affection, belonging, love etc.
In a workplace, when the physiological and safety needs are well satisfied, then, the employees will be motivated to work effectively.
Therefore, the social need is provided when Creekside Corp seeks to satisfy its staff by providing a friendly work environment
Therefore, the Option C is correct.
Read more about social needs
brainly.com/question/1172032
If the economy starts below full employment, an expansionary fiscal policy will shift the aggregate demand curve from _____ to _____, and equilibrium will move from point _____ to
The expansionary fiscal policy will shift the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.
What is the below full employment?Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.
Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.
Therefore, the aggregate demand curve from AD0 to AD1 and equilibrium will move from point a to b if the economy starts below full employment.
Read more about aggregate demand
brainly.com/question/1490249
The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
Answer:international trade: trade between individuals
Explanation:
I got it right
One key difference between an oligopoly market and a competitive market is that oligopolistic firms.
A difference between an oligopolistic and a competitive firm is each firm's profits depend on other firms actions in oligopolistic markets while they do not in competitive markets.
What is a competitive firm?A perfect competition is a market where there are many buyers and sellers of identical goods and services. Buyers and sellers are price takers.
What is an oligopolistic firm?
An Oligopoly is when there are few large firms operating in an industry. A cartel is a type of oligopoly where two or more producers come together to regulate either the price of their good or the quantity of their goods that would be supplied.
Here are the options to the question:
a) each firm's profits depend on other firms actions in oligopolistic markets while they do not in competitive markets.
b) oligopotisfic firms sell completely unrelated products while competitive firms do not.
c) oligopolistic firms sell their product at a price equal to marginal cost while competitive firms do not.
d) oligopolistic firms are price takers while competitive firms are not.
To learn more about oligopolies, please check: https://brainly.com/question/26130879
The west coast of scotland has a warmer and more stable climate than areas at equal latitudes but further inland. It is also much warmer than areas of equal latitude in canada. What can account for these temperature differences at equal latitudes? check all that apply.
One of the factors that can account for the temperature differences at equal latitudes is the location if one is on the coast and the other, inland.
What is Climate?This refers to the long-term weather condition of a geographical area.
Hence, we can see that because the west coast of Scotland has a different climate from that of inland Scotland even though they have equal latitudes, this is because one is located on the coast and the other, inland.
Read more about climate here:
https://brainly.com/question/17922964
In a hypothetical situation, the united states and mexico have labor forces of the same size. The production possibilities curves in the figure show that the united states has an absolute advantage over mexico in vegetables and beef. This means that if both countries use the same amount of resources on those products, ______.
If the United states has an absolute advantage in the production of vegetables and beef over Mexico, the United States produces more of both products.
What is absolute advantage?The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
To learn more about absolute advantage, please check: https://brainly.com/question/25139916
What are three takeaways you learned from playing Money Magic that will help you when you create your own budgets in the future? Be specific.
Playing money magic will help one create their own budgets because:
It shows how to balance expenses. It shows how to account for revenue. Teaches how to save while still maintaining good spirits. What does Money Magic teach you?It teaches the player how to balance expenses when the players have to pay for gas and the cost of shows. Players also learn how to account for, and manage revenue as they raise the money required for the trip.
Budgeting also has to be done in such a way that the person does not become unhappy in the budgeting process which is what players learn from having to manage Enzo's moods.
Find out more on Budgeting at https://brainly.com/question/6663636.
Answer: Playing money magic will help one create their own budget because:
It shows how to balance expenses.
It shows how to account for revenue.
Teaches how to save while still maintaining good spirits