The accounting cycle consists of 10 steps. Identify the order in which the first five steps will be performed by selecting from the drop down items.Step 1 Analyze transactions Step 2 Journalize Step 3 Post Step 4 Prepare unadjusted trial balance Step 5 Adjust

Answer:

follow up with the customer after an appropriate amount of time

Explanation:

After the sale has been completed a salesperson's duty is not over. The salesperson must always be in direct contact with the customer and follow him or her up for the various means of business or anything else.

The role of the salesperson is to closely look into the matters up and close and to understand the nature of the sales. The salesperson is very closely attached to the customer and must also hold a great relationship with the customers for sale.

The most important thing is that being a salesperson a person must always have the roles and responsibilities to understand the means of selling the right product to the customers.

The total process involved from convincing the customer to buy the product to selling the product must always be the responsibility of the salesperson. The role of the salesperson must not end there because the salesperson will also have to understand the various ways and means to understand the notion of nature of whether a customer might be interested in any kind of same business propositions.

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If you are unable to return to work and your condition has not improved, then you will continue to receive Social Security Disability payments and will be up for review again in another 2 to 5 years.

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Have a good day

The account type of prepaid expense is an asset account, and its normal balance is a debit balance. Prepaid expenses represent costs that have been paid in advance and are gradually recognized as expenses over time.

The account type of prepaid expense is an asset account. Prepaid expenses are expenses that have been paid in advance but have not yet been used or consumed. Examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.

The normal balance of prepaid expense is a debit balance. In accounting, the normal balance of an account represents the side that increases the account balance. Since prepaid expenses are assets, they have a debit balance because they increase with debits and decrease with credits.

For example, let's consider prepaid rent. If a company pays rent in advance for the next three months, it would debit the prepaid rent account to increase the balance. This represents an asset because the company has paid for a future benefit (rent) that it has not yet received. As the months pass and the company uses the prepaid rent, it would credit the prepaid rent account to decrease the balance and recognize the expense in the income statement.

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer: A) ​Services are perishable

Explanation:

The aspect of a service is best illustrated in the scenario is that services are perishable.

Perishability is a term that is used in marketing and it implies that the capacity of service cannot be stored and sold in the future. Once services have been used, they cannot be saved, returned or stored.

Once services has been rendered to a customer, it has been then consumed and it can't be delivered to another person. Other characteristics of services are inseparability, variability and intangibility.

Answer:

A.

Explanation:

Edge 2023

These businesses are typically not registered with the government, and they do not have an official structure.

The government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development.

In colloquial language, the young men below are "getting their hustle on." A sole proprietorship is a type of business that is owned and operated by a single individual. The young men's business can be referred to as a sole proprietorship since they are the sole owners of the business.

They are the ones who started the business, are responsible for all of its operations, and are accountable for all of the profits or losses.The government will have a tough time taxing this type of business for a variety of reasons.

Firstly, these businesses are typically not registered with the government, and they do not have an official structure. As a result, it's difficult for the government to track their activities and evaluate their taxes.

Secondly, many of these businesses operate in the informal sector, and they do not have formal accounting procedures or systems in place. As a result, it's difficult for the government to determine their exact revenue and taxable income.

Thirdly, these businesses are frequently involved in cash transactions, and it's difficult for the government to monitor their cash flow and revenue. As a result, they may not accurately report their earnings or pay the required taxes.

Finally, the government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development. As a result, they may not be heavily taxed, if at all, since the government may be hesitant to discourage their operations.

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Tammy was probably friendly with Sheila because she was outgoing and made her feel comfortable at work. But Sheila should be careful about getting involved in rumors that can turn into negative conflicts.

These are situations where there are differences in the work environment, which may be personal or professional, such as rumors and disagreements about tasks.

Organizational conflicts arising from rumors, such as the gossip of other employees told by Thammy to Sheila, can be extremely negative, and consequently generate enmity, disintegration of teams and even dismissals.

Therefore, it is essential that there is conflict management in the organization through effective communication, interpersonal relationships based on ethics and respect for all employees.

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Answer:

d

Explanation:

Answer:

Transportation is the key of supply chain management.

The main focus of this statement is that the supply is the most essential part of being the goods actually delivered and made available for its consumption.

The goods require to be delivered on time and on the specific location for its maximum availability to the consumer to consume at the right time.

This is the main responsibility of the supply chain which is completed through transportation. With this information also plays a vital role, transportation is not possible accurately if the correct information is not available.

Yes I agree to the above statement, reason being that without transportation the consumer can not get the desired product at the right time at the right location.

Based on the information provided, it appears that Smith Company has an underfunded pension plan. The Pension Benefit Obligation (PBO) is a measure of the present value of the pension benefits that employees have earned based on their years of service and salary levels.

The amount of assets the company has set aside to pay for those pension obligations is represented by the Plan Assets balance.

The pension plan is underfunded if the PBO balance exceeds the balance of the plan assets. In this instance, Smith Company's PBO balance of $500 million exceeds its balance of $350 million in plan assets, showing that the pension plan is $150 million underfunded.

Smith Company will have to make information regarding its pension plan, including the degree to which the plan is underfunded, available when reporting on its financial accounts. Instead of the main financial statements themselves, this information is often given in the footnotes to the financial statements. The business might also need to make more disclosures regarding the methodology and assumptions employed.

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Answer:

E

Explanation:

All of the above can be practical depending on your situation

Answer:

E no is the answer of your question.....

It can be deduced that the current interest rate on the 3 year bond is 1.5%

It can be deduced that the interest rates for the next three years have been given.

Also, according to the given expected path, the interest rate on the premium is given.

Therefore, the current interest rate on the 3 year bond will be:

= 1 + 0.5

= 1.5%

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The best approach to achieve a group's goal will depend on factors such as the nature of the goal, the group dynamics, and the specific context.

To determine the best approach for a group to achieve its goal, it would depend on the specific circumstances and nature of the goal. However, some general strategies that can often be effective include:

Clear Communication: Open and effective communication within the group is crucial. It ensures that everyone understands the goal, their roles, and responsibilities, and can collaborate efficiently. Regular communication helps address challenges, provide updates, and keep everyone aligned.

Defined Roles and Responsibilities: Assigning specific roles and responsibilities to each group member helps create clarity and accountability. When everyone knows what is expected of them and how their contributions fit into the larger goal, it enhances coordination and progress.

Collaboration and Teamwork: Encouraging collaboration and fostering a positive team environment is essential. By leveraging the diverse skills, knowledge, and perspectives of group members, synergies can be created to overcome challenges and drive collective success.

Effective Planning and Organization: Developing a well-thought-out plan with clear milestones, deadlines, and action steps provides a roadmap for the group to follow. Breaking down the goal into smaller, manageable tasks facilitates progress and ensures that the group stays on track.

Flexibility and Adaptability: Being open to adjustments and changes along the way is important. Circumstances can evolve, unexpected obstacles may arise, and flexibility allows the group to adapt its approach, modify strategies, and overcome challenges effectively.

Continuous Evaluation and Feedback: Regularly assessing progress, identifying areas for improvement, and providing constructive feedback can help the group course-correct and optimize its efforts. Learning from mistakes and successes strengthens the group's performance and enhances goal attainment.

Ultimately, the best approach to achieve a group's goal will depend on factors such as the nature of the goal, the group dynamics, and the specific context. Assessing these factors and considering the strategies mentioned above can contribute to a successful outcome.

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Answer:

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.

Shen: That's right, Manuel, the professor told us that in addition to money and stocks, people also hold such financial assets as bonds.

Bonds are also a type of financial asset. They are a type of loan taken out by corporations or governments that they pay back over a fixed period of time with an interest in addition to money and stocks.

This makes them a great way to earn passive income and is an important part of any well-diversified portfolio.

Bonds are a great way to diversify your portfolio and can provide stability in turbulent markets.

They can also offer attractive interest rates and can be a good source of income. Bonds provide stability and long-term growth, so they should definitely be considered when planning for your financial future.

Hence, Shel will remind Manuel that bonds are also a financial asset along with money and stocks.

Although a part of your question is missing, you might be referring to this question:

Manuel: Hi Shen.

The professor mentioned that in addition to money people also hold stocks and some other asset, which I forget. Can you please remind me, which one is that?

Shen: That's right, Manuel, the professor told us that in addition to money and stocks, people also hold such financial assets as ---------- .

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Answer: its A

Explanation:

Answer: the answer should be:

C: Risk

Explanation:

Hope this helps ]:

Answer:

$23,175

Explanation:

The commission sales are 3%, and the sales amount is $22,500.

Divide 22,500 by 100 to find the cost per percentage.

$22,500 / 100 = $225

So, $225 = 1% of commissions

Now, $225 x 3 = $675

3% of commissions = $675

$22,500 + $675 = $23,175

I hope this helps!

a. At $50, cross elasticity = 0.6. At $35, cross elasticity = 0.8. At $20, cross elasticity = 1.0.

b. At $50, income elasticity of demand = 0.2. At $35, income elasticity of demand = 0.5. At $20, income elasticity of demand = 0.8.

The cross elasticity is not the same at all three prices. Movies and golf are substitute goods because as the price of golf increases, the demand for movies also increases, indicating that consumers are substituting one good for another.

The income elasticity is not the same at all three prices. Golf is not an inferior good because as income increases, the quantity demanded for golf also increases, indicating that it is a normal good.

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Answer:

because you might have had it before you made this role

Explanation:

The united states government has deregulated several industries, such as airlines, trucking, railroads, and telecommunications. on average, deregulation has lowered price.

Economic deregulation does not take place instantly. Legislators and regulators take time to remove regulatory structures, and the deregulated industries need extra time to adapt to their new competitive environment. Midway through the 1970s, price, entrance, and exit restrictions in the transportation, finance, energy, and communications sectors were liberalized by federal regulatory agencies and the U.S. Congress. However, only two significant American industries—airlines and motor carriers—have undergone full deregulation to date, while several minor ones—such as intercity bus transportation and air cargo—have done so throughout that period. Take airlines as an example to understand the rate of industry change. When the Civil Aeronautics Board initially supported trials of discounted prices, economic deregulation of the airline sector started in 1974.

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Everyone is encouraged to challenge one another in the highly competitive organization mentality.

A group of people who work together organisational context, such as a company, building owner, nonprofit, or union. The word "organizational" has the potential to refer to an individual, a group, a business, or the development of anything.

However, keeping structure can enhance your well-being and lead to greater happiness and comfort. Being unorganized could cause chaos in your life. It could lead to despondency and increased tension. Discord can be a generator of mold growth, dust buildup, and even a fire risk.

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When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies

There are 4 types of pricing strategies as follows :

In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.

Thus,

Pricing strategies information should be considered before introducing any changes in the price of the product.

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The debate between efficient markets and governance regulation in meeting the environmental responsibilities of business is complex and multifaceted. Both approaches have their strengths and limitations, and their effectiveness can vary depending on the specific context and industry. It is crucial to consider sustainability approaches that incorporate elements of both efficient markets and governance regulation to address environmental challenges effectively.

Efficient markets approach:

The efficient markets approach relies on market mechanisms, such as pricing signals and competition, to drive environmentally responsible behavior. It assumes that market forces, if left unhindered, will naturally incentivize businesses to adopt sustainable practices. For example, by internalizing the environmental costs of their operations and products, companies may make more sustainable choices to remain competitive. This approach promotes innovation and flexibility in finding environmentally friendly solutions.

Governance regulation approach:

Governance regulation involves setting legal frameworks and standards to guide and enforce environmentally responsible behavior. It relies on governmental policies, laws, and regulations to mandate specific actions and outcomes. For instance, governments may impose emission limits, waste disposal regulations, or renewable energy targets on businesses. This approach provides a clear and enforceable framework, ensuring compliance and accountability.

Sustainability approaches:

To effectively address environmental responsibilities, a combination of efficient markets and governance regulation is often necessary. For instance:

1. Carbon pricing: Implementing a carbon pricing mechanism, such as a carbon tax or cap-and-trade system, combines market principles with regulatory measures. It incentivizes businesses to reduce their carbon emissions by internalizing the environmental cost while providing flexibility in choosing the most cost-effective strategies.

2. Renewable energy mandates: Governments can establish renewable energy targets and subsidies, encouraging the adoption of clean energy sources. This approach combines regulatory requirements with market-driven investment in renewable technologies.

3. Environmental reporting and disclosure: Requiring businesses to disclose their environmental performance and impacts fosters transparency and accountability. Investors, consumers, and stakeholders can make informed decisions based on this information, driving market forces towards more sustainable practices.

The debate between efficient markets and governance regulation in meeting environmental responsibilities is not an either-or scenario. Both approaches have their merits and can be

complementary. Combining market-based incentives with well-designed regulations and standards can create a conducive environment for businesses to adopt sustainable practices. Ultimately, a comprehensive and balanced approach is crucial to effectively address environmental challenges and promote long-term sustainability.

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Using the appropriate PVA factor for a 8% rate of return, the calculation for the net present value of alternative 1 is as follows:

NPV1 = -150,000 + (60,000 x PVA8%, 5) + (10,000 / (1 + 0.08)^5)

Using the appropriate PVA factor for a 8% rate of return, the calculation for the net present value of alternative 2 is as follows: NPV2 = 30,000 + (50,000 x PVA8%, 5) + (20,000 / (1 + 0.08)^5) - 305,000

Therefore, management should select the alternative with the higher net present value (NPV) between alternative 1 and alternative 2.

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Remco's current-year charitable contribution deduction and carryover is: $3,080; $6,22O

.

Since the current-year deduction is limited to 10 percent of charitable contributions charitable contribution limit modified taxable income.

Hence,

Current-year deduction:

Current-year deduction= Charitable contribution limit modified taxable ×10%

Current-year deduction=$30,800 × 10%

Current-year deduction=$3,080

Carryover:

Carryover=$9,300-$3,080

Carryover=$6,22O

In conclusion, Remsco's current-year charitable contribution deduction and carryover are $3,080; $6,22O.

A charitable contribution is a donation or gift to, or for using, a certified organization. it is voluntary and is made without getting, or ex- pecting to get, whatever is of identical value. qualified groups.

For contributions of cash, take a look at, or every other economic present (no matter amount), you need to maintain a document of the contribution: a financial institution file or a written conversation from the qualified organization containing the call of the employer, the amount, and the date of the contribution.

presents to a non-certified charity or nonprofit are not deductible. To qualify, a group must sign up with the IRS underneath section 501(c)(3) or, in some instances, section 501(c)(four). A pledged or promised donation isn't deductible, the only money this is truly given.

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Answer:

5.6 million

Explanation:

As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK, up from 5.6 million the previous year.

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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