All of the following are permissible under Texas advertising laws, with the exception that the insurer may not use the terms "investment," "savings plan," or "profit sharing."
What is a savings plan?Achieving both short- and long-term financial goals, such as setting up an emergency fund, saving for a vacation, or setting aside money for a down payment on a home, depends on saving money. The personal savings rate was 6.4% as of January 2022, which means that the typical American household saves less than 10% of annual disposable income. Your personal savings rate may rise if you make a savings plan.
A savings plan is a strategy for accumulating funds to meet particular monetary objectives. It lists the objectives in question and the actions required to achieve them. Such objectives could be:
an emergency fundVacation schedulewedding preparationsgetting a houseHome renovations or repairsinvesting in a carcollege preparationSavings for retirementYour particular financial circumstances will determine the kinds of financial objectives you include in a savings strategy.
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Adjustments help to ensure that all ______ are recorded in the period in which they are incurred.
Adjustments help to ensure that all expenses are recorded in the period in which they are incurred.
Revenues are recorded in the period in which services are rendered, expenses are recorded in the period in which they are incurred, and at the conclusion of an accounting period, the balances of the accounts on the balance sheet and the income statement are accurate.
One of a company’s financial accounts, an income statement or profit and loss account, lists the company’s revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit. The simple formula for income statement is Revenue - expenses. If revenue of company is more then it is profitable.
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Assume that the socially efficient output level in the residential solar panel market is 1,000 units per week, but the industry is only producing 800 units per week at current capacity. The industry’s under-production is causing.
The industry's under-production is causing d) society to lose out on a net benefit, as the next panel produced would have more consumer value than production costs.
What is consumer value?Consumer value is the perceived preference of a product or service over alternatives by consumers.
Consumer value is evaluated through the eyes of the consumer.
By not producing at full capacity, the residential solar panel market is unwittingly creating artificial scarcity and reducing productivity for residential solar panels, which can drive up prices.
Thus, the industry's under-production is causing d) society to lose out on a net benefit.
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Question Completion with Answer Options:a) a net cost on society because the last panel produced had more production costs than consumer value.
b) a net cost on society, because the last panel produced had more consumer value than production costs.
c) society to lose out on a net benefit, as the next panel produced would have more production costs than consumer value.
d) society to lose out on a net benefit, as the next panel produced would have more consumer value than production costs.
aaron received a state income tax refund in 2021 for state taxes be overpaid in 2020. he was able to reduce his 2020 federal tax liability by itemizing and claiming a deduction for state and local income taxes paid that year. when aaron files his 2021 return, he may need to report all or part of the state tax refund he received in 2021 as
aaron received a state income tax refund in 2021 for state taxes be overpaid in 2020. he was able to reduce his 2020 federal tax liability by itemizing and claiming a deduction for state and local income taxes paid that year. when aaron files his 2021 return, he may need to report all or part of the state tax refund he received in 2021 as
A recaptured credit.
The capacity to obtain goods or services on credit is the ability to borrow money with the promise to repay it later. Creditors, which include lenders, merchants, and service providers, extend credit based on whether or not they have faith in your ability to repay the money you borrow plus any associated finance charges. Creditors in earlier eras might have evaluated your creditworthiness based only on your reputation. It is clear that this approach was arbitrary and vulnerable to manipulation, bias, and inaccuracy. Creditors today favour a more impartial strategy. In order to decide whether or not to grant you credit in the U.S., lenders normally look at your credit history—your track record of borrowing and repaying money—first. Your credit history is condensed in files called credit reports, which are created by three independent.
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multiple choice question strategy is . multiple choice question. the set of actions a firm takes to achieve a competitive advantage
1) A strategy is a course of action used by managers to achieve one or more objectives of the organization. A overall direction established for the business and its numerous parts to achieve a desirable condition in the future is another definition of strategy. The thorough strategic planning process yields strategy.
2) A firm's strategy is the collection of goal-directed actions it employs to achieve and maintain superior performance in comparison to rivals.
Planning a strategy requires keeping in mind that choices are not made in a vacuum and that each action done by a company is likely to elicit a response from those it will likely affect, including competitors, clients, employees, or suppliers.
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the stack pole company retails two products: a standard and a deluxe version of a luggage carrier. the budgeted income statement for next period is as follows:
Standard and Deluxe Carriers Sold at a Ratio of 187,500 to 62,500
Therefore, the ratio is 3:1, which means that 3 Units of Standard will be sold for every Unit of Deluxe.
(three times ten) plus Weighted Contribution Margin (1 x 20)
Per unit, $50
Breakeven point equals 2,250,000 / 50 in bundles. =45,000
So the Standard Carrier Break even point is 45,000 times three, or 135,000
.Breakeven Point for Deluxe Carrier = 45,000 multiplied by one is 45,000.
Total units needed to break even are 180,000 (135,000 + 45,000).
2) If Standard Carriers Are Sold Only,
Standard Carriers Contribution Margin = 28 - 18 = 10
Breakeven points = 2,250,0 / 10 =225,000 Units
b)Only sell Deluxe carriers
Contribution Margin for Deluxe Carriers is equal to 50 minus 30.
2,250,000/20 is the break-even point.
=1,12,500 Units
3)Operating Income
Standard Deluxe Total
Sales $ 5,600,000 $ 2,500,000 $ 8,100,000
Variable Cost $ 3,600,000 $ 1,500,000 $ 5,100,000
Contribution Margin $ 2,000,000 $ 1,000,000 $ 3,000,000
$2,250,000.00 in fixed costs
$750,000.00 in operating income
The sales ratio is 200,000:50,000, or 4:1.
Bundle contribution margin = (4 x 10) + (1 x 20) =60
Break Even in Bundles is equal to 2,250,000 / 60.
36,500 Bundles
Gaining Equal Points
Standard Carrier = 37,500 times 4 = 150,000.
A Deluxe Carrier costs 37,500 multiplied by one.
150,000 plus 37,500 units, or 187,500 units, are needed to break even.
The Break Even Points and Operating Incomes are altered by the change in Sales Mix.
Delux Corporation, a retail sales corporation, has a taxable income of $500,000. Delux Corporation's regular tax liability is A. $158,250. B. $175,000. C. $105,000. D. $162,200.Delux Corporation's regular tax liability is: . $105,000.
The new company tax rate is 21% as of 2018.Previously, it was reduced from 35% to 21%.As a result, while determining Delux Corporation's tax obligation, the taxable income will equal C.'s $105,000 (21% of $500,000).Prior to 2018, B. would have owed $175,000 in taxes.This is a reduction of $70,000 in taxes that the government lost so that businesses might invest in the expansion of the economy.
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if you have 12% withheld for federal taxes, 7% for state taxes, and fica is 7.65%, how much are your involuntary withholdings in all if your gross pay was $2,400.00 per month and your net income was $1,550.40 per month?
The value of Involuntary will be approximately 283.56.
What are taxes?Taxes can be defined as the part where an individual, firm, or company gives taxes to the government as it is a form of revenue.
The given data is be:
The federal taxes rate is 12%
state taxes rate is 7%
the gross pay was $2,400 p.m.
net income $1,550.40 p.m.
The formula for Total known withholding is
Total known with holdings = federal state + FICA + involuntary
(12+7+7.65)% of 1,375+ Involuntary
Net income can be equated with gross with holdings
$725.00 = $1,375.00 - [(12+7+7.65)% of 1,375 + Involuntary]
Calculating the value of involuntary in the firm:
Involuntary = $1,375.00 [(12+7+7.65) % of 1,375] - $725.00
= $1,375.00 [(26.65) % × 1,375] - $725.00
= $1,375.00 - [(26.65) 100 × 1,375] - $725.00
= $1,375.00 366.4375-$725.00
=283.56225 283.56
Therefore, the answer is “283.56”
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assume that bubba’s food truck only produces burgers and sushi. if bubba is currently producing at production choice e, his opportunity cost to move to production choice a would be:
The opportunity cost of switching to production option A is 40 pieces of sushi.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another. The difference between the anticipated returns of each alternative is all that needs to be considered when estimating an opportunity cost. The determination of a company's capital structure involves opportunity cost analysis in a significant way. To make up for the investment risk, a company must pay costs when issuing both debt and stock capital.
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Question 4 of 10
On the pie chart below, which "slice" represents 30% of the budget?
A. 2
B. 3
C. 4
D. 1
On the pie chart below, the "slice" represents 30% of the budget is 4. Thus the correct option is C.
What is the significance of Budget making?A budget creation helps an individual to create an estimate about how much funds required for purchasing and helps to control the expenses of an individual by cutting out additional expenses.
In this pie chart, the circle is divided into four slices with a certain percentage where half of the slice is covered by 3rd slice so assuming it is 50%. So the second most larger percent remaining is slice 4 which is considered 30%.
Therefore, option C is appropriate.
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Answer: its C. 2
Explanation:
research a health care organization or network that spans several states with in the united states (united healthcare, vanguard, banner health, etc.). assess the readiness of the health care organization or network you chose in regard to meeting the health care needs of citizens in the next decade. prepare a 1,000-1,250 word paper that presents your assessment and proposes a strategic plan to ensure readiness. include the following: describe the health care organization or network. describe the organization's overall readiness based on your findings. prepare a strategic plan to address issues pertaining to network growth, nurse staffing, resource management, and patient satisfaction. identify any current or potential issues within the organizational culture and discuss how these issues may affect aspects of the strategic plan. propose a theory or model that could be used to support implementation of the strategic plan for this organization. explain why this theory or model is best. ou are required to cite a minimum of three sources to complete this assignment. sources must be appropriate for the assignment and relevant to nursing practice. prepare this assignment according to the guidelines found in the apa style guide, located in the student success center. an abstract is not required. this assignment uses a rubric. please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. you are required to submit this assignment to lopeswrite. a link to the lopeswrite technical support articles is located in class resources if you need assistance.
Overall readiness of the organization
In order to be ready to address residents' healthcare requirements in the coming ten years, Banner Health is quickly adopting value-based reimbursement methods. These models reward value rather than quantity, and by shifting a sizeable portion of the financial and clinical risks from the payers to the providers, they can significantly reduce costs, boost efficiency, and improve the quality of care.
A strategy to deal with network expansion, nurse staffing, resource management, and patient satisfaction issues.
The strategic planning process at Banner Health takes into account patient satisfaction, resource management, strategic expansion, and nurse staffing. The objective of Banner Health is to build new facilities in response to the rising demand for healthcare services in order to meet both the country's present and future demands. The organization's goal is to build complete medical facilities and provide patients and families with convenient care. With the rapid growth of various regions, Banner Health wants to make sure that its health plan subscribers and patients have easy access to care when they need it.
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a company wants to add a quality inspection station to its assembly line. what type of project does this represent?
A company wants to add a quality Planning inspection station to its assembly line. what type of project does this Process represent.
Designing a process that will be able to achieve predetermined goals while operating is the responsibility of quality planning. When a scenario has one or more of the following traits, quality planning is a process that can be applied. A service has never been offered before. Project managers are becoming increasingly concerned with quality assurance and safety. Construction-related flaws or failures can cost a lot of money. Reconstruction may be necessary and facility operations could be hampered even by small flaws. The effect is higher costs and delays. Failures could, in the worst scenario, result in fatalities or serious physical injury. Similar to other accidents, construction-related mishaps can lead to serious costs and human injuries. Due of these higher direct expenses, indirect costs for insurance, inspection, and regulation are rising quickly. Good project managers make an effort to guarantee that tasks are completed accurately the first time and without severe mishaps.
Because it enables you to deliver a successful project and maintain the satisfaction of your stakeholders, quality planning is essential to project management. A project manager establishes the criteria for what constitutes project success and outlines the activities necessary to meet those criteria.
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for managers, the most important issue regarding job evaluation is the statistical validity of job evaluation.
The statement, for managers, the most important issue regarding job evaluation is the statistical validity of job evaluation, is false.
Job evaluation tends to help organizations in order to ensure employees equitable, fair, and consistent pay structure. Thus, it helps organizations in recruiting the right candidate for a job, devise a good wage, and correct placements of employees.
Job evaluation is an important HR management activity in order to line managers so that they understand the possible dangers associated with a job and by ensuring that the work is being done safely.
Hence, for managers, the most important issue regarding job evaluation cannot be just the statistical validity. So the statement is false.
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the service sector has lower productivity improvements than the manufacturing sector because
The service sector has lower productivity improvements than the manufacturing sector because the service sector is usually more labor intensive than the manufacturing sector
The service sector has lower productivity improvements than the manufacturing sector because the service sector is usually more labor intensive than the manufacturing sector. Productivity in the service sector is difficult to improve for a number of reasons as given below;
Service-sector work is labor intensive.In service sector, work is unique to each customer's demands. Work in the service sector often includes an intellectual task completed by professionals. Additionally, it can be difficult to mechanize and automate work in the service sector.The overall quality is also difficult to evaluate in the service sector.https://brainly.com/question/28460195
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question 6 a data analyst has been invited to a meeting. they review the agenda and notice that their data analysis project is one of the topics that will be discussed. they plan to arrive on time and have a pen and paper to take notes. but they do not spend time considering project updates they could share or questions they may be asked. this is appropriate because they’re not the one running the meeting.
A meeting has been invited for a data analyst. When they look over the schedule, they see that one of the subjects up for discussion is their data analysis project. They have a pen and paper ready to take notes, and they want to come on time. However, they do not take the time to think about project updates or potential questions. Since they aren't in charge of the meeting, this is okay - False
What does an analyst of data do?
A data analyst examines data to find significant customer insights and potential uses for the information.
What are the abilities required to become data analyst?
You need excellent quantitative and analytical skills to succeed as a data analyst. To answer problems logically, you must be able to pay attention to detail. You must also be able to clearly explain your conclusions to others who will use them to make judgments.
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giannis corporation purchases debt investments as trading securities at a cost of $150,000 on december 1. this is its first and only purchase of such securities. on january 5, giannis corporation decides to sell a portion of its trading securities (costing $9,000) for $10,000 cash. the journal entry to record this sale would include a:
In a condition given above where the Giannis Corporation sells a proportion of its trading securities, costing $9,000, for an amount of $10,000, the journal entry of the transaction would include a gain of $1,000. Therefore, the option C holds true.
What is the significance of gains?The gains of a business organization can be referred to or considered as the surpluses earned by a company from the extraordinary and indirect operations, which are unrelated to its normal business activities. Any such gains are recorded under ''Other Revenues'' Accounts of the firm.
Therefore, the option C holds true and states regarding the significance of gains.
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The question seems to be incomplete. It has been added below.
Giannis corporation purchases debt investments as trading securities at a cost of $150,000 on December 1. This is its first and only purchase of such securities. On January 5, Giannis corporation decides to sell a portion of its trading securities (costing $9,000) for $10,000 cash. The journal entry to record this sale would include a:
A. Loss of $10,000
B. Gain of $10,000
C. Gain of $1,000
D. Gain of $9,000
which neighborhood quality of life issue is most affected by the overuse of alcohol? a. litter b. property values c. traffic congestion d. homelessness
Property values neighborhood quality of life issue is most affected by the overuse of alcohol.
What is Property values?
Creating an opinion of value for actual property is known as real estate appraisal, property valuation, or land valuation. Because real estate transactions happen seldom and each property is unique, as opposed to corporate stocks, which are exchanged every day and are all the same, assessments are usually required.
Therefore,
Property values neighborhood quality of life issue is most affected by the overuse of alcohol.
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a manufacturing operation consists of 10 operations; 5 of them are distinct machining operations and the other 5 are distinct assembly operations. however, five machining operations must be completed before any of the five assembly operations can begin. within each set of five, operations can be completed in any order. how many different production sequences are possible?
14,400 production sequences are possible.
Since the first set of machining operations can be performed in any order, after selecting one, there are 4 operations left. After selecting another, there are 3 operations left.
After selecting yet another, there are 2 operations left. Finally, after selecting yet another, there is only 1 operation left. This procedure may be described by the equation below: There are 120 potential options when multiplying 5 by 4 by 3 by 2 by 1. It may also be written mathematically as 5! = 120.
Here, We have 5 × 4 x 3 x 2 x 1 = 120 potential unique options for the final five assembly processes.
So total number of combinations will be - 120 × 120
= 14,400
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the unadjusted cash account balance for a company at december 31, 2009 is $15,926. the bank statement showed a balance of $17,700 on this same date. the following information is available: bank service charge $ 6 nsf check from customer $ 324 deposit in transit $ 1,576 in addition, two other items were discovered: 1) check
Bank service charges a $ 6 NSF check from the customer $ 324 deposit in transit $ 1,576 in addition, two other items were discovered
Solution:
Outstanding checks for the month of December
= Beginning outstanding checks + Checks written during December - Checks cleared during December
= 3,500+60,000-57,000 = 6,500
True cash balance on December 31
= Beginning bank balance + Deposits in transit - Outstanding checks for the month
= 20,700+1,576-6,500
= $15,776.
The unadjusted cash stability is diagnosed while the cash balance as in keeping with the ledger account and financial institution statement does not in shape. To reconcile the balances, the accountant verifies the transactions which can be both missing in the ledger or the bank declaration. the list of popular ledger account balances on the give-up of a reporting period before any adjusting entries are made to the balances to create monetary statements.
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to address a vague, complex problem, a data analyst breaks it down into smaller steps. they use a process to help them recognize the current problem or situation, organize available information, reveal gaps and opportunities, and identify options. what does this scenario describe?
To address a vague, complex problem, a data analyst breaks it down into smaller steps.
They use a process to help them recognize the current problem or situation, organize available information, reveal gaps and opportunities, and identify options.
The above scenario describes structured thinking.
What are the elements of structured thinking?
Structured thinking involves identifying current problems or situations, organizing available information, identifying gaps and opportunities, and identifying opportunities.
How can structured thinking tools help us?Structured thinking is the process of framing unstructured problems. The framework not only helps analysts understand the problem at a macro level, but also helps identify areas that require deeper understanding.
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when leann called on a long-time customer, she realized that the man was upset about the loss of his pet and took the time to listen to his problem. she was able to sympathize with the customer's recent loss of a pet by using her
When Leann called on a long-time customer, she realized that the man was upset about the loss of his pet and took the time to listen to his problem. she was able to sympathize with the customer's recent loss of a pet by using her emotional intelligence.
Emotional Intelligence is a concept popularized by Daniel Goleman who described it as “a master aptitude, a capacity that profoundly affects all other abilities, either facilitating or interfering with them.” It is the ability to sympathize with the pain of someone.
Emotional Intelligence is the capacity to recognize emotions in oneself and others, to understand its causes, be aware of its effects, and the ability to channelize these emotions into positive avenues. It is an essential trait for people working in organization, particularly those entrusted to deal directly with customers on a regular basis. For example, Leann's customer who lost her pet.
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The W-4 form lets...
A.) you know how much you paid in taxes last year
B.)your employer know how much to withhold from your paycheck
C.) the government know how much you paid in taxes last year
D.) the 3 major credit bureaus know how many dependents you have
Answer:
b
Explanation:
you fill it out so the employer knows what to with hold from your check
auditors understand that receiving explanations from an entity's management is the step in the professional judgment process.
Adjudication means evaluating evidence to reach a decision. Judgment is also the ability to make well-thought-out decisions. The term has at least five different uses. Aristotle suggested looking at the antonyms of a term to determine whether the various uses are actually different.
Formal - The mental act of affirming or denying one thing in comparison with another. Judgments are communicated to others using agreed terms, in the form of words or algebraic symbols, as meanings forming statements relating to the terms, and further asserted meanings of 'relationship' are used to make judgments. understood and interpreted by those who do.
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a manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downturn. the company is likely to:
Because the general economy takes a downturn, the company is likely to offer rebates and incentives for customers who purchase washing machines.
What are the rebates and incentives?In marketing, these are techniques of marketing promotion that are used to entice, induce prospective customers.
Therefore, as the firm has expanded its capacity where the the general economy takes a downturn, it is likely to offer rebates and incentives for customers who purchase washing machines.
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during 2013, colgate-palmolive reported net income of $2,203 million. a. assume that the only changes affecting retained earnings were net income and dividends. what amount of dividends did colgate-palmolive pay to its shareholders in 2013?
The EPS will surpass $2.38.
The value made available to corporate shareholders after all costs and taxes have been subtracted is known as the earnings per share. Restructuring costs are one-time expenditures that are included in other operating costs on the income statement.
Restructuring and other one-time expenses during the period are included in the income statement, which lowers earnings before taxes and eventually lowers net profit. If these expenses are not included, the earnings will increase and the company's earnings per share (EPS) will increase.
What is the latest actual share count reported in the 2013 Colgate-Palmolive 10-K?918,943,637 shares were computed.
Colgate-Palmolive Company is a symbol of unrivaled consumer goods companies with products offered in about 200 countries and provinces worldwide.Colgate stood for stability in 1806 and was established in 1923 in accordance with specific Delaware State rules.
As of June 30, 2013, the final business day of its various recently ended secondary portion, the total market value of Colgate-Palmolive Company Common Stock held by non-associates was approximately $53.0 billion.Colgate-Palmolive Company Common Stock had 918,943,637 estimated shares as of January 31, 2014, although those shares were from 2013. 10-K for Colgate-Palmolive
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what is one disadvantage of npv as a capital budget method? a.) it can be inaccurate because a company cannot adjust the discount rate when calculating npv. b.) it is not very good at accounting for opportunity cost. c.) it can only be used to assess a single investment and is not a comparative tool. d.) there is disagreement about whether a project with a negative npv should be approved or not.
It can be inaccurate because a company cannot adjust the discount rate when calculating NVP is one disadvantage of NVP as a capital budget method.
An employer, abbreviated as co., is a felony entity representing an association of humans, whether or not natural, criminal or a mixture of both, with a particular goal. company members percentage a common reason and unite to gain unique, declared dreams.
A company is a legal entity fashioned by using a collection of individuals to interact in and perform a commercial enterprise agency in a commercial or business ability. An enterprise's commercial enterprise line depends on its structure, which can range from a partnership to a proprietorship, or even a business enterprise.
An employer is a kind of commercial enterprise structure that may be a separate felony entity from its proprietors. it's a complicated commercial enterprise structure, with better set-up and administrative expenses because of more reporting requirements and better-stage felony obligations.
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what information is needed in order to be prepared for an emergency? select one or more: full inventory of all chemicals present in the lab understanding of where to go should an emergency occur contact information for emergency personnel location of all exits location of lab phone and first aid kit
The information that is needed in order to be prepared for an emergency:
Location of lab phone and first aid kitContact information for emergency personnelUnderstanding where to go should an emergency occurLocation of all exits.What do you mean by emergency?
A sudden, unexpected situation that necessitates taking immediate action is referred to as an emergency. An unexpected illness that requires medical attention is an example of an emergency. A downed power line that needs to be fixed in the middle of the night is an example of an emergency.
Hence, The information that is needed in order to be prepared for an emergency:
Location of lab phone and first aid kitContact information for emergency personnelUnderstanding where to go should an emergency occurLocation of all exits.learn more about emergency:
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explain purpose of visual aids
the most common source of changes to a project based on the natural tendency of the client and project team members to improve the project’s output is called
The maximum commonplace supply of adjustments to a venture primarily based on the natural tendency of the client and assignment crew members to improve the mission’s output is called Scope creep.
The definition of a purchaser method is a client or someone who makes use of services. An example of a purchaser is a pupil being tutored at a university writing middle. (Ancient) someone depending on every other, for protection or patronage. A terminal or non-public laptop that is connected to a server.
A purchaser is someone who buys services or products from a corporation, even as a client refers to a sure type of client who purchases professional services from an enterprise. typically speak me, customers purchase products at the same time as customers purchase recommendations and solutions.
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explain the law of increasing opportunity costs using the example of economic growth and a production possibilities curve.
According to the law of growing opportunity cost, the opportunity cost of producing more units of a specific good will rise as an economy advances along its production possibilities curve in the direction of doing so.
"The Combined Production Possibilities Curve for Alpine Sports," illustrates how the rule of increasing opportunity cost operates as it moves from point A toward point D on the production possibilities curve. The opportunity cost of each of the first 100 snowboards is equivalent to half a pair of skis; the opportunity cost of each of the next 100 snowboards is one pair of skis; and the opportunity cost of the last 100 snowboards is two pairs of skis.
As the business switches from snowboards to skis, the law still holds true. Consider that it starts from point D and only produces 300 snowboards every month. It may first switch to producing skis at a reasonably modest price.
At Plant 1, the opportunity cost of the first 200 pairs of skis is merely 100 snowboards, or 0.5 snowboards for each pair of skis. In terms of producing skis, we would say Plant 1 has a competitive edge. The next 100 pairs of skis would be manufactured in Plant 2, where the monthly production of snowboards would decrease by 100 snowboards.
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When amazon says, "we want to be earth’s most customer-centric company," it is stating its code of ethics. True or false?.
Answer:
Explanation:
If you research what it means when a company uses their code of ethnics, it means basically their statement of truth, technically an oath. Basically the answer is False. Hope this helps!
if the trial balance is in balance, it can be assumed that all journal entries were posted correctly and no errors were made.
No, trial balance is in balance it doesn't means that all entries are correct.
Trial balance plays an important part in accounting process. It summaries list of all ledger accounts and their balances. This is used to ensure that debit balance is equal to credit balance.
If trial balance match and the balances are correct. It doesn't means that all entries are correct. There are compensating errors also which errors are occurred but are failed to show in the trial balance.
Thus, it is not always correct that the if balance matched in trial balance will have no errors in journal or posting.
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