vacation pay is properly charged as an expense in the month in which the employee takes the vacation. group of answer choices true false

Answers

Answer 1

False. Vacation pay is typically recognized as an expense in the period in which it is earned by the employee, rather than in the month in which the vacation is taken. This is because vacation pay is a form of compensation for work already performed, and is considered to be earned by the employee as they accrue vacation time throughout the year.

For example, if an employee earns two weeks of vacation time per year, their vacation pay accrues over the course of the year, and is recognized as an expense on the company's income statement as the vacation time is earned. Once the employee takes the vacation, the actual cash payment is made, but the expense has already been recognized in prior periods.

Therefore, vacation pay is properly charged as an expense in the period in which it is earned, not when the employee takes the vacation.

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Related Questions

Five business ideas that interest me are starting a pet sitting service, opening a place that help disabled pets, opening up a place that can provide care for the mentally challlenged, starting a daycare service, and starting a service that helps parents with mentally challenging children. I think the best opportunity for me is to start a pet sitting service since it has a low startup cost, I can coose when I work and how many animals I have at a time. I can also work a job while doing this on the side, or until this grows enough to support me.

Answers

Explanation:

This can be an interesting idea to start entrepreneurship, since starting a pet sitter service just requires liking animals and publicizing the service, which can be done for free through social media. I believe this is a good opportunity to learn more about managing your own business, meeting a new network of people and understanding the service market, as well as being a source of extra income.

Entrepreneurship is all about identifying people's needs and turning them into products and services that can be profitable, in addition to being a great tool to assist in the development of individual skills, market knowledge, innovation capacity, etc.

True or false Interpersonal workplace skills deal with your ability to get along with other people.

Answers

The given statement "Interpersonal workplace skills deal with your ability to get along with other people" is True because Interpersonal skills, also known as soft skills, people skills, or emotional intelligence, refer to the abilities that individuals possess to communicate effectively with other people and develop and maintain relationships.

Interpersonal workplace skills are critical in the workplace as it helps people in the organization interact with each other positively and enhances teamwork in the workplace. Individuals who possess strong interpersonal skills can work together effectively and efficiently, which leads to increased productivity in the organization. Some of the key interpersonal skills that people must have to thrive in a work environment include active listening, effective communication, conflict resolution, collaboration, time management, and empathy. Active listening is a vital interpersonal skill that individuals must have to thrive in the workplace.

It entails concentrating on the speaker, summarizing the information they provide, and asking relevant questions. Effective communication is another critical interpersonal skill. Clear communication ensures that every member of the organization understands the information and requirements communicated to them. Conflict resolution is also an essential interpersonal skill that individuals must have. It involves finding amicable solutions to disagreements between colleagues.

Collaboration is an essential interpersonal skill as it helps people work together towards common goals. Time management is also a critical interpersonal skill as it ensures that tasks are completed within the allocated time frame. Finally, empathy is an essential interpersonal skill that helps individuals understand and relate to the feelings and experiences of other people.

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the use of public relations to create a favorable public opinion towards an interest group, industry, or corporation is called which of the following? a. agenda shaping b. climate control c. astroturfing d. pluralism e. opinion formation

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Climate control refers to the use of public relations to influence public opinion in favor of a certain interest group, industry, or corporation.

What exactly is climate?

The average weather in a certain place over a longer length of time is referred to as climate. A climate description includes facts such as average temperature in different seasons, rainfall, and sunlight. A description of the (probability of) extremes is frequently offered as well.

Climate change is defined as any sustained change in the long-term statistics of climate variables such as temperature, precipitation, pressure, or wind over several decades or more. Climate change can be caused by either natural external forcings (changes in solar emission or changes in the Earth's orbit, natural internal processes of the climate system) or by human intervention.

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Employee values are defined as those things that a person sees as __________________ to his or her welfare.
A. conducive
B. coherent
C. classy
D. correlation

Answers

A. conducive.Employee values are an integral part of an individual's mindset and play a crucial role in shaping their attitudes, behaviors, and overall job satisfaction.

These values are defined as the principles, beliefs, and ideals that employees hold dear and consider important for their personal well-being within the workplace.

When we say that employee values are conducive to their welfare, we mean that these values contribute positively to their overall job satisfaction, engagement, and overall sense of fulfillment in their work environment. Employee values act as guiding principles that align with their personal needs, desires, and aspirations, ensuring that their welfare is taken into consideration.

Conducive values canand priorities. For example, some employees may highly vary from person to person, as each employee has unique preferences value work-life balance and prioritize flexible working hours, while others may prioritize career growth and development opportunities. Some common examples of conducive employee values include autonomy, fairness, respect, teamwork, open communication, work-life balance, ethical practices, and opportunities for personal and professional growth.

When employees feel that their values are aligned with the organizational culture and practices, they are more likely to experience higher job satisfaction, increased motivation, and a greater sense of commitment towards their work. On the other hand, if there is a misalignment between employee values and the organizational environment, it can lead to dissatisfaction, disengagement, and higher turnover rates.

Understanding and acknowledging employee values is essential for organizations to create a positive work environment that promotes employee well-being and fosters a sense of belonging. It requires organizations to be attentive to the needs and preferences of their employees, and to create policies, practices, and programs that support and align with their values.

In conclusion, employee values are the beliefs and principles that individuals consider important for their personal welfare in the workplace. These values play a significant role in shaping employees' attitudes, behaviors, and overall job satisfaction. When organizations recognize and respect these values, they can create a work environment that supports employees' well-being and fosters a positive and productive workforce.

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the table below represents a firm's profit for producing and selling strollers. assume that if a firm would have the same profit at two different levels of output, then the firm would choose the greater level of output. assume that the only levels of output that the firm can produce are the levels of output given in the table. at what level of output does the firm maximize profits?

Answers

The profit-maximizing output choice for a perfectly competitive firm occurs at the level of output where marginal revenue is equal to marginal cost, or at 33 spatulas.

A perfectly competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods. If a perfectly competitive firm attempts to charge even a tiny amount more than the market price, it will be unable to make any sales. Perfect competition occurs when there are many sellers, there is easy entry and exiting of firms, products are identical from one seller to another, and sellers are price takers.

Thus, the profit-maximizing output choice for a perfectly competitive firm occurs at the level of output where marginal revenue is equal to marginal cost, or at 33 spatulas.

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Following a systematic approach is useful during which step of the seven-step decision-making model?


gathering information and data

identifying the decision to be made

identifying options

developing a plan of action

Answers

Answer:

developing a plan of action

Explanation:

what workplace document describes the manner in which an organization will comply with the osha bloodborne pathogens standard?

Answers

The document that describes the manner in which an organization will comply with the OSHA Bloodborne Pathogens Standard is called the Exposure Control Plan.

The Exposure Control Plan is a written document that outlines the procedures and practices an organization must follow to minimize the risk of exposure to bloodborne pathogens in the workplace. It includes details on the measures the organization will take to prevent exposure, such as providing personal protective equipment, training employees on safe work practices, and implementing engineering controls to reduce exposure. The Exposure Control Plan also includes protocols for dealing with exposure incidents, such as how to report an incident, the steps to take after exposure, and the medical follow-up procedures for affected employees.
The Exposure Control Plan is a critical component of the OSHA Bloodborne Pathogens Standard, which was created to protect workers from the hazards associated with bloodborne pathogens. The standard applies to any employee who may come into contact with blood or other potentially infectious materials in the workplace. Employers are required to develop and implement an Exposure Control Plan to comply with the standard and protect their employees.

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Read the stage direction: As the first of the mob reaches the bottom steps. The screen door opens and Goodman comes out, a man in his early forties who first greets them smiling and then letting the smile fade as he sees the faces. Based on the stage direction, what should the reader visualize? *


a group of people calmly approaching Goodman’s home
a group of confused people rushing to safety at Goodman’s home
a group of angry people approaching Goodman’s home
a group of people rushing to save Goodman from the outage

Answers

Answer:

C.

Explanation:

A group of angry people. L(-_-)\

                                                     \

Answer:c lol angry people

Explanation:

Caroline is going to receive a award of $20,000 six years from now. Jiexin is going to receive an award of $20,000 nine years from now. Which one of the following statements is correct if both individuals apply a discount rate of 7 percent?
a. In future dollars, Jiexin's award is worth more than Caroline's award.
b. Jiexin's award is worth more today than Caroline's award.
c. The present values of Caroline's and Jiexin's awards are equal.
d. In today's dollars, Caroline's award is worth more than Jiexin's.
e. Twenty years from now, the value of Caroline's award will equal the value of Jiexin's award.

Answers

If Caroline is going to receive a award of $20,000 six years from now. d. In today's dollars, Caroline's award is worth more than Jiexin's.

What is the correct statement if both individuals apply a discount rate of 7 percent?

To compare the present values of the two awards, we need to discount them to their present values using a discount rate of 7 percent.

For Caroline's award, we need to discount $20,000 six years from now to its present value:

PV(Caroline) = $20,000 / (1 + 0.07)^6

PV(Caroline) = $14,033.39

For Jiexin's award, we need to discount $20,000 nine years from now to its present value:

PV(Jiexin) = $20,000 / (1 + 0.07)^9

PV(Jiexin) = $12,171.16

Therefore,  Since Caroline's award has a higher present value, in today's dollars, Caroline's award is worth more than Jiexin's. Option (d) is correct.

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The variance of a series of numbers is the sum of the squares of their differences from the mean (average) of the numbers divided by the number of items in the series. Variance is a common measure of risk. What is the variance of these investment returns? 10, 30, 20

Answers

Answer: 66.67

Explanation:

Numbers given = 10, 30, 20

Mean = (10 + 30 + 20) / 3

= 60/3

= 20

Then, the differences from the mean will be:

= (10 - 20), (30 - 20), (20 - 20)

= -10, 10, 0

We then calculate the square of the mean which will be:

= 100, 100, 0

We then add the square of the mean which will be:

= 100 + 100 + 0

= 200

The variance will then be:

= 200/3

= 66.67

Answer: 66.7

Explanation:

Discovering a treatment for lung cancer would most satisfy which of these personal benefits of work?

Answers

Answer:

4 ling cancer u have to have the right medicine

What accounts are affected. issued check $644 to pay for an advertisement

Answers

Answer:

Bank and Advertisement accounts

Explanation:

Journal entries

Advertisement       A/c Dr     $644

To Bank               A/c                $644  

(Being advertisement expenses made by cheque)

Bank and Advertisement accounts are affected

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

Answers

The second one, a walkabout is NOT a form of learning the United States has used

Employee ________ are perks that are provided in addition to salaries and wages, such as all or part of medical, dental, life and disability insurance.
a. taxes
b. benefits withholdings

Answers

The correct word used to describe the given statement is "Employee benefits"

What is Employee Benefit?

This refers to those perks and good things which an employee enjoys which are work-related and include medical, dental, life insurance, etc.

Hence, we can see that these are part of the employment package and are usually negotiated before an employee is accepted into an organization and are for the well-being of the employee.

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What factor reflects the ‘cost of money’? The ‘cost of money’ is reflected in the

Answers

Production opportunities, time preferences for consumption, risk, inflation.

what happens when ethanol is refluxed with acidified sodiumheptaoxodiochromate(4) solution for a long time​

Answers

Answer:

1-butanol

Explanation:

True or False: An ethical decision framework is useful because it can be relied on to give the manager guidance when considering ethical questions. True false question. True False

Answers

The ethical decision framework is useful for providing guidance to the manager.

What is an ethical decision framework?

This is the document that gives a provision of the steps that have to be taken by an organization when they are faced with ethical dilemmas.

The answer to this question is true. The framework is useful for the provision of guidelines.

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7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm

Answers

Answer:

1 buying a bicycle it's a good

2 getting a back message it's a service

3 getting the plumbing fixed in your house it's a service

4 use of a smartphone app it's a service

5 buying a new Ac unit for your house it's a service

6 buying a hamburger it's a good

7 getting your taxes completed by a tax firm it's both

Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expression A.

A (8 + 54 + 91) × 12

B (8 + 54 + 91) × _____

Answers

Answer:

B (8 + 54 + 91) × _____ If im wrong apologies

Explanation:

Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss

Answers

Answer:

you are using an account right now.

Explanation:

In of the marketing planning process, marketing managers decide which markets to target and develop the marketing mix strategies to support how they want to position the product in the market?

Answers

Yes, that is correct. The step you are referring to is called market targeting and involves evaluating different market segments and selecting which ones to target with marketing efforts.

Once the target market is selected, marketing managers develop a marketing mix, which includes the four Ps (product, price, promotion, and place), to create a product offering that will appeal to the target market and differentiate it from competitors. Market targeting is an important step in the marketing planning process that involves evaluating different market segments and selecting which ones to target with marketing efforts. Once the target market is selected, marketing managers develop a marketing mix, which includes product, price, promotion, and place, to create a product offering that will appeal to the target market and differentiate it from competitors.

By targeting a specific market segment, a company can focus its resources and efforts on the customers who are most likely to be interested in its products or services. Developing a marketing mix that is tailored to the target market's needs and preferences can increase the effectiveness of marketing efforts and lead to greater customer satisfaction and loyalty.

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The use of a data warehouse in strategic decision making is often referred to as business intelligence. data analysis. analytical modeling. managerial accounting.

Answers

The use of a data warehouse in strategic decision making is often referred to as business intelligence. Business intelligence encompasses the processes, technologies, and tools used to gather, store, analyze, and present data in a meaningful way to support decision making and drive business insights.

A data warehouse is a central repository that stores large amounts of structured and sometimes unstructured data from various sources within an organization. It is specifically designed for efficient data retrieval, analysis, and reporting. By consolidating and organizing data from different operational systems, a data warehouse provides a unified view of the organization's information, allowing for comprehensive analysis and reporting. With a data warehouse, businesses can extract valuable insights from their data to support strategic decision making. The data can be analyzed using various techniques, such as data mining, statistical analysis, and visualization, to identify trends, patterns, and relationships. These insights can then be used to make informed decisions, optimize business processes, identify market opportunities, and gain a competitive advantage. Business intelligence involves not only the technology infrastructure, but also the skills and capabilities to interpret and act upon the data. It integrates data analysis, reporting, and visualization tools to enable users to explore and understand the data, generate meaningful reports and dashboards, and make informed decisions based on the insights gained. In summary, the use of a data warehouse in strategic decision making is often referred to as business intelligence. It involves the use of technology, data analysis, and reporting tools to extract insights from data and support informed decision making at a strategic level within an organization.

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. Answer all the following questions based on Table 2 (a) Feasibility studies for a project is an early study before the project begins. List and briefly explain the feasibility processes. (b) Walkers Corporation is analyzing three capital projects with expected cash flows given in the Table 2 below. Each cash flow with an estimated of five years life and four year life. Interest rate of the cash flows is 10 % per annum. The Walkers Corporation uses investment appraisal techniques which is Payback Method. Analyze the appropriate calculations under the investment techniques stated above and give reasons for your investment advice. Table 2 Year Projects / Cash Flow (RM) Delta Gamma Beta 0 (250,000) (450,000) (650,000) 1 60,000 110,000 150,000 2 60,000 130,000 150,000 3 60,000 160,000 150,000 4 60,000 190,000 150,000 5 60,000 - 150,000

Answers

(a) Feasibility studies are conducted before a project begins to assess its viability. The feasibility processes include:

1. Economic Feasibility: Examining the financial implications, cost-benefit analysis, and potential returns of the project.

2. Technical Feasibility: Evaluating the project's technical requirements, resources, and compatibility with existing systems.

3. Operational Feasibility: Assessing the project's impact on day-to-day operations, staff, and infrastructure.

4. Schedule Feasibility: Analyzing the project timeline, milestones, and potential risks that could affect its completion.

5. Legal and Regulatory Feasibility: Ensuring compliance with laws, regulations, and legal constraints.

6. Environmental Feasibility: Assessing the project's impact on the environment and identifying mitigation measures.

(b) Using the Payback Method, we calculate the payback period for each project by summing the cash inflows until the initial investment is recovered.

For Project Delta:

Year 1: RM 60,000

Year 2: RM 60,000

Year 3: RM 60,000

Year 4: RM 60,000

Year 5: RM 60,000 (partial)

Payback Period = 4 years + (RM 60,000 ÷ RM 190,000) = 4.316 years

For Project Gamma:

Year 1: RM 110,000

Year 2: RM 130,000

Year 3: RM 160,000

Year 4: RM 190,000

Payback Period = 4 years

For Project Beta:

Year 1: RM 150,000

Payback Period = 1 year

Based on the payback period, the shortest is Project Beta with 1 year. However, this method does not consider the time value of money or the profitability of the projects. Therefore, it is recommended to consider additional investment appraisal techniques, such as Net Present Value (NPV) or Internal Rate of Return (IRR), to make a more informed investment decision.

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What are the advantages of private limited company?

Answers

Answer:

Private limited companies are owned by shareholders and managed by directors. They carry limited liability for business debts, which reduces personal risk. Choosing the correct business model must involve consideration of tax and legal advantages of each type of entity.

Explanation:

netflix began as a video rental business but has expanded into producing and distributing its own programming. what type of diversification strategy is netflix using?

Answers

Netflix is using a related diversification strategy. Related diversification involves expanding into new products or markets that are related or connected to the company's existing business.

In the case of Netflix, their expansion into producing and distributing their own programming is related to their original business of video rental and streaming.

By producing and distributing their own programming, Netflix has gained more control over content creation and distribution, allowing them to differentiate themselves from competitors and provide unique offerings to their subscribers.

This diversification strategy has helped Netflix become a major player in the entertainment industry, enabling them to attract and retain customers with original and exclusive content.

Related diversification allows companies to leverage their existing resources, capabilities, and customer base to enter new markets or product categories. It also helps reduce reliance on a single revenue stream and provides opportunities for growth and innovation.

Netflix's success in content production and distribution demonstrates the effectiveness of their related diversification strategy in expanding their business and staying competitive in the evolving media landscape.

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what types of intermediaries typically purchase the product and gain ownership before selling the product to the next intermediary or end user? select all that apply.

Answers

Retailers and Wholesalers are the types of intermediaries who typically purchase the product and gain ownership before selling the product to the next intermediary or end-user.

So, the correct option is A & C.

The producer can sell their goods to an intermediary, who then sells them to a customer along the shortest path of distribution. The distribution of a product, however, may occasionally include more than one middleman. Wholesalers are middlemen companies that buy large amounts of merchandise from manufacturers and then resell them to retailers or, occasionally, to the final customers. Retailers typically buy their products from wholesalers and provide their clients with high-touch customer care.

Businesses that sell goods or services to clients are known as retailers. Businesses that serve as intermediaries facilitate the connection between merchants and consumers. Because they often do not offer goods or services directly to clients, intermediaries differ from retailers in this regard.

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The given question is incomplete. The complete question is:

What types of intermediaries typically purchase the product and gain ownership before selling the product to the next intermediary or end user? Select all that apply.

A. Wholesalers

B.  Agents

C.  Retailers

Involving subordinates in decision making and in the assignment of tasks is the participative style of leadership. True or false?.

Answers

It is True that Involving subordinates in decision making and in the assignment of tasks is the participative style of leadership.

How can  Involving subordinates in decision making help participative style of leadership?

Decision making  serves as the  identification of  the problem or opportunity as well as  generating alternatives and implementing the solution.

In this case, It is True that Involving subordinates in decision making and in the assignment of tasks is the participative style of leadership.

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Which part of effective leadership deals with maintaining equity?

Answers

Answer:

the part where you have to lead

Explanation:

When paid interest is stated as a dollar amount it is called __________.
A. interest rate
B. finance charge
C. taxable income
D. principal balance

Answers

Answer:

B. finance charge

Explanation:

Edge 2021

When paid interest is stated as a dollar amount it is called finance charge. Thus, the correct option is B.

What is finance charge?

A finance charge is the total cost of borrowing money, including interest, fees, and other charges associated with a loan or credit. It represents the amount that a borrower pays to a lender for the privilege of using their funds.

For example, when you take out a loan or use a credit card, you may be charged interest on the balance you owe, along with other fees such as an annual fee, late payment fees, or balance transfer fees. All of these charges are combined to calculate the finance charge.

The finance charge is typically expressed as a dollar amount, but it can also be represented as an annual percentage rate (APR) to make it easier to compare with other loan or credit offers.

It is important to understand the finance charge when taking out a loan or using credit, as it can significantly impact the total cost of borrowing and your ability to repay the debt.

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Following are transactions of Gotebo Tanners, Inc., a new company, during the month of January: Issued 10,000 shares of common stock for $15,000 cash. Purchased land for $12,000, signing a note payable for the full amount. Purchased office equipment for $1,200 cash. Received cash of $14,000 for services provided to customers during the month. Purchased $300 of office supplies on account. Paid employees $10,000 for their first month's salaries. What was the balance of Gotebo's Cash account following these six transactions

Answers

Answer:

$17,800

Explanation:

Calculation to determine the balance of Gotebo's Cash account following these six transactions

Using this formula

Cash Account= Beginning Cash-Office equipment+Cash for Service rendered-Employee salaries

Let plug in the formula

Cash account = ($15,000 - $1,200 + $14,000 - $10,000)

Cash account= $17,800

Therefore the balance of Gotebo's Cash account following these six transactions is $17,800

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