Select all that apply Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select question. Batch processing accumulates source documents for a period of time and then processes them all at once. Online processing enters and processes data as soon as source documents are available. A disadvantage of online processing is timeliness. An advantage of online processing is timeliness. Accounting systems differ with regard to how input is entered and processed. An advantage of batch processing is the lack of updated databases for management to use when making decisions.
Answer:
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.
The correct statements that best describes data processing in accounting includes;
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
What does a credit bureau do?
It records borrowers' payment histories.
It protects borrowers' deposits.
It regulates credit unions.
It protects against fraud.
Answer:
b
Explanation:
please mark me as brainlist and be happy
Licensee Keira is acting as a limited service agent to list the property only. Her first meeting with the client takes place at his home. He gives Keira a brief tour, highlighting all of the great things that will make the home sell, and quickly moving the conversation away from problem spots (stains on the ceiling from the leaky roof). Shortly after Keira lists the property, she gets a call from a buyer’s agent asking about stains on the ceiling and the roof’s condition. What should Keira do?
Answer:
Disclose the condition of the roof, as she is aware of the leak.
Explanation:
THESE ARE THE OPTIONS FOR THE QUESTION
Tell the buyer's agent she is acting as a limited service agent and to ask the seller.
Tell the buyer's agent she has no knowledge of the property's condition.
Disclose the condition of the roof, as she is aware of the leak.
Go to the property and inspect the roof more closely.
Keira been a limited service agent owes a duty to disclose fact as regards materials property that she is aware of. Since, the seller talked about the condition of the roof when they met, her failure to disclose the fact about it could make her to be guilty of misrepresentation
the directors want to give R500 000 to a local school.Give Two reasons why companies take such decision.
Answer:
To make investments that will grow over time and provide education for less fortunate children
To have a good public image so they can get more customers.
lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.
Answer:
d
Explanation:
A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.
Marginal benefit is the benefit derived from consuming one extra unit of a good
Marginal cost is the cost of consuming one more unit of a good
Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.
If the policy is enacted, students would only consume goods for which their marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.
the items they would select would be dependent on the marginal benefit they would derive from consuming the food item
I need help ASAP.......If you were interviewing someone what questions would you ask???
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
Answer
When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.
Able orally agreed to pay Carr $800 to restore Able's antique car within 18 months, even though it was possible for him to complete the restoration in 10 months. The agreement is: a. unenforceable, because it covers services with a value in excess of $500. b. unenforceable, because it covers a time period in excess of one year. c. enforceable, because personal service contracts are exempt from the Statute of Frauds. d. enforceable, because the work could be completed within one year.
Answer:
Enforceable because the work could be completed within one year.
Explanation:
An enforceable contract is a contract between two parties that is legally binding.
Carr could complete the restoration of the car in 10 months but Able paid Carr $800 to restore Able's antique car within 18 months.
The agreement is enforceable because the work could be completed within one year.
Option d. is correct.
Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
Text written for advertising and marketing campaigns is referred to as
A. content.
B. context.
C. copy.
D. collateral.
Answer:
the correct answer is context
what motivates a person to start an informal business
Which of the following three actors could form an "iron triangle"? a. Bayer AG, Eli Lilly & Company, and Pfizer Inc. (all pharmaceutical companies) b. the Food and Drug Administration, the Department of Health and Human Services, and the president c. the House Energy and Commerce Committee, the Senate Committee on Health, Education, Labor and Pensions, and the Department of Health and Human Services d. the Food and Drug Administration, Pfizer Inc., and the Senate Committee on Health, Education, Labor and Pensions
Answer:
d. the food and drug administration, Pfizer Inc., and the Senate Committee on health, education, labor and pensions.
Explanation:
Iron triangle is a special type of relationship which is developed in the interest groups from an industry and the committees who regulate laws of the industry. In the given case Pfizer is a pharmaceutical company who forms iron triangle with senate committee to enforce Food and Drug Administration regulations.
I NEED THIS RIGHT NOW
Which of the following is NOT true about message sensitivity options?
Recipients of messages do not have to respect your requests for privacy.
Messages can be marked private.
Not all email services provide options for email sensitivity.
Messages marked as private or confidential cannot be shared with others.
(It's not c)
Answer:
a.recipients of messages do not have to respect your requests for privacy
Why the actual frick won't it let me sign in? I have tried sooooo many times. I tried signing in, logging in, nothing will work. I am using a different computer today than I was yesterday and yesterday, I was able to sign in. When I tried to sign my sister up, it didn't work either.
Answer:
Explanation:
Sometimes this error might be due to a problem caused by the browser that you are using. Try switching over to another browser such as Chrome or Internet Explorer. If it still does not work then it may be because the site is having issues with the database and are most likely working to get that fixed. These issues are usually fixed within a day. If you would like, you can also contact customer support by clicking on the contact button at the bottom of the page.
name both anime characters
WRONG ANSWERS ONLY!!!!!!!!!!
Answer:
it vegata loll..............
Answer: it’s definitely bakugo
Explanation:
Companies must consider profit margin before buying for organizational use.
True
False
Answer:
true
Explanation:
marketing professionals and managers share the same long term for the company
Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lease deal on the 2017 Honda Accord LX Coupe. With a 36-month lease, the monthly price is $219, not including tax. The lease also requires a down payment of approximately $2,380, plus the first month's payment and sales tax on the down payment. Nigel decides he wants to lease the Accord, and he enters into a contract with the Honda dealership. He makes his lease payment every month for 36 months and subsequently drives the vehicle for 36 months. (Assume that the terms of his contract mean the contract cannot possibly be performed within a year.) Based on the terms of this contract, how long would the performance of the contract take
Answer:
It would take 36 months
Explanation:
Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.
If demand decreases and supply stays the same, there will be a
A) higher equilibrium price and lower quantity
B) lower equilibrium price and quantity
C) higher equilibrium price and quantity
D)lower equilibrium price and higher quantity
Best Reinsurers assumes, under a treaty, all homeowners and personal auto business underwritten by Aurora Insurance Company. On occasion, Aurora will underwrite some homeowners policies with very high value homes. Aurora underwriters have been directed through their underwriting guidelines not to cede high value homes (as in the directive) to the treaty. Although the treaty does not expressly exclude this business, the directive was developed to protect the treaty from unusually high losses. If an application is submitted for a home that falls within the directive and Aurora does not wish to retain the entire risk, what is the best method of handling this submission
Answer: C. Purchase facultative reinsurance and write the policy
Explanation:
The options are:.
A. Purchase another treaty and write the policy
B. Decline the business for reinsurance reasons
C. Purchase facultative reinsurance and write the policy
D. Cede the policy to the existing treaty if the risk is acceptable
Based on the information given, we should note that in a case whereby an application is submitted for a home which falls within the directive and Aurora does not wish to retain the entire risk, the best method of handling this submission will be to buy a facultative reinsurance and then write the policy.
A facultative reinsurance is the coverage that is bought by a primary insurer in order to cover a particular risk. Hence, it'll be used to cover the single risk in this case.
Once a company has located several vendors, the next step in the purchasing process is to
A. prepare a purchase order
B. choose a specific product
C. complete a balance sheet
D. compare the vendors
Answer:
D
Explanation:
to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$, what will be insurance cost?
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
URGENT: Creating and using a checklist makes home maintenance and repair projects more _______. (10 letters)
Answer:
productive
Explanation:
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
XYZ Ltd has sent Sh.250000 of goods on wholesale price to its branch at Karatina. The Karatina branch manager has marked up the price up 40%. Find the list price of the goods at Karatina branch.
Answer:
the list price is 350,000
Explanation:
The computation of the list price of the goods is shown below:
As we know that
Markup percentage = (Selling price - cost price) ÷ Cost price
0.40 = (Selling price - 250,000) ÷ 250,000
100,000 = Selling price - 250,000
So, the selling price is 350,000
hence, the list price is 350,000
A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
(a) Find a function that models the revenue in terms of ticket price. (Let x represent the price of a ticket and R represent the revenue.) R(x) = _________
(b) Find the price that maximizes revenue from ticket sales. $______________
(c) What ticket price is so high that no revenue is generated? $___________
Answer:
a) R(x) = 51000 x - 3000 x²
b) When the Revenue is maximum, The price is $ 8.5
c) When No revenue is generated, The price of the ticket is $17
Explanation:
Given - A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
To find - (a) Find a function that models the revenue in terms of ticket price.
(b) Find the price that maximizes revenue from ticket sales.
(c) What ticket price is so high that no revenue is generated?
Proof -
Let us assume that,
The price of a ticket = x
The revenue = R
Now,
a)
Total number of tickets sold , N = 21000 + 3000(10 - x)
= 21000 + 30000 - 3000 x
= 51000 - 3000 x
⇒Total number of tickets sold , N = 51000 - 3000 x
Now,
Revenue , R(x) = x * N
= x [ 51000 - 3000 x ]
= 51000 x - 3000 x²
⇒R(x) = 51000 x - 3000 x²
b)
For maximum Revenue,
Put [tex]\frac{dR(x)}{dx} = 0[/tex]
Now,
[tex]\frac{dR(x)}{dx}[/tex] = 51000 - 6000 x
⇒51000 - 6000 x = 0
⇒6000 x = 51000
⇒6x = 51
⇒x = [tex]\frac{51}{6}[/tex] = 8.5
∴ we get
When the Revenue is maximum, The price = $ 8.5
c)
If No Revenue is generated
⇒R(x) = 0
⇒51000 x - 3000 x² = 0
⇒1000 x ( 51 - 3 x ) = 0
⇒1000 x = 0, 51 - 3 x = 0
⇒x = 0, 3 x = 51
⇒x = 0, x = [tex]\frac{51}{3}[/tex]
⇒x = 0, x = 17
∴ we get
When No revenue is generated, The price of the ticket is $17
What is the risk you are taking when investing in bonds? How can you minimize this risk?
Answer:
Risk: The bonds you own will decline if interest rates rise, interest rate risk.
Minimalize:
- Don't buy bonds when interest rates are low or rising. Buy when stable.
- Stick to short term issues (3 - 5 years)
- Buy bond with different maturity dates
Explanation:
Good luck <3
problems of the public sector provisioning
Answer:
erms in this set (6)
lack of accountability. nepotism, corruption, incompetence.
Inefficiency. Bureaucracy. ...
Difficulty in assessing needs. prone to under-or over-supplying public goods.
Pricing policy. prices can be over or under valued.
Parastatals. inefficient and in need of bailouts.
Privatisation.
Explanation:
Have a nice day, honey. ^_^ ^﹏^
Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
difference between micro and macro econ
Answer:
The difference is size
Explanation:
"Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole".
"Micro- (Greek letter μ or legacy micro symbol µ is a unit prefix in the metric system denoting a factor of 10 −6 (one millionth)".
Hope this helped you!
What are the different career opportunities with being a environmental economist?
Answer:
Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.
Explanation:
please give me brain list and follow
5 role of development banks in economic development
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.