The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers accounts receivable subsidiary ledger is the:
Answers
The document that the accounting staff will use as the primary basis for recording sales transactions and updating the customers' accounts receivable subsidiary ledger is the sales invoice.
The sales invoice contains important information, such as the date of the sale, the quantity and description of the products or services sold, the unit price, the total amount due, and the terms of the sale. This information is critical for accurately recording the sale and updating the customer's account balance.
The sales invoice serves as a legal document that formalizes the transaction and serves as evidence of the sale. Additionally, the sales invoice may be used by the customer to verify the transaction and make payment.
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Related Questions
your team member asks you how you will respond if someone from gaea questions your data-cleaning process. how do you prepare for this objection? select all that apply. 1 point
Answers
If someone from Gaea questions data-cleaning process, then we can prepare for this objection by following these steps.By following these steps, you can effectively address any objections regarding your data-cleaning process raised by someone from Gaea.
1. Clearly explain your data-cleaning process: provide a detailed description of the steps you have taken during the data-cleaning process, making sure to highlight the rationale behind each step.
2. Provide documentation: Offer any relevant documentation, such as data dictionaries, metadata, and code, to support your data-cleaning process.
3. Demonstrate the benefits of your approach: Showcase the improvements in data quality, accuracy, and consistency as a result of your data-cleaning process.
4. Be open to feedback: Listen carefully to the concerns raised by the Gaea team member and be prepared to address any issues they may have with your process.
5. Collaborate and revise as necessary: If the Gaea team member has valid concerns or suggestions, be open to collaborating with them to refine and improve your data-cleaning process.
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Be transparent: Explain your data-cleaning process and the steps you took to ensure the quality and accuracy of the data. Be open about any assumptions or limitations in your approach.
1.Provide evidence: Show the results of your data-cleaning process, including any charts or graphs that demonstrate the impact of your decisions. This can help build trust in your data and your process.
2.Discuss alternative approaches: Be prepared to discuss alternative data-cleaning methods and the pros and cons of each approach. This can show that you have considered multiple options and selected the most appropriate one for your specific needs.
3.Highlight the importance of data cleaning: Emphasize that data cleaning is a crucial step in the data analysis process, and that it can have a significant impact on the accuracy and reliability of your findings.
4.Acknowledge the possibility of errors: Be honest about the fact that errors can occur in data cleaning and analysis, and explain how you have taken steps to minimize the risk of errors and ensure the integrity of your data.
5.Offer to review your process: Offer to review your data-cleaning process with the person questioning it to address any concerns they may have and demonstrate your commitment to quality and accuracy.
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The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below: Sales $ 942,000 Variable expenses $ 415,000 Fixed manufacturing expenses $ 356,000 Fixed selling and administrative expenses $ 263,000 All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $217,000 of the fixed manufacturing expenses and $128,000 of the fixed selling and administrative expenses are avoidable if product D74F is discontinued. What would be the financial advantage (disadvantage) from dropping product D74F
Answers
Answer:
Financial disadvantage from dropping = $(182,000)
Explanation:
A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.
In a shut down decision , the following relevant cash flows should be considered:
1. Lost contribution from the product to be shut down
2. Savings in fixed directly attributable to the product under consideration.
So, we will apply these principles as follows:
Lost contribution from the product to be shut down:
(942,000-415,000) (527,000)
Savings from fixed direct fixed cost:
(217,000+128,000) 345,000
Net loss contribution (182,000)
Financial disadvantage from dropping = $(182,000)
An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable
Answers
Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.
A. True
B. False
Answers
The Answer is: A. True
She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.
Christian is 33 years old, has been renting for the past five years, and is now thinking about purchasing a home by applying for a mortgage. Why is it important for him to check the information recorded on his credit report? Group of answer choices To confirm that his landlords' names are not on the report To verify the accuracy of his rental history To check the accuracy of his landlords' addresses To ensure that his roommates' names are on the report
Answers
Answer: To verify the accuracy of his rental history
Explanation:
Based on the scenario in the question, it is it important for Christian to check the information recorded on his credit report so as to verify the accuracy of his rental history.
He has to verify his rental history so as to know if there's a mistake or if the details written are not correct. To apply for the mortgage, he needs to ensure that the details are correct.
Kent works in the public relations department of his company. He sends a news release about a new product offering to several newspapers and television stations. Kent knows from past experience that even when the media use his news releases, they often release the information at inopportune times. They will also sometimes cut out what Kevin believes are the most important points to make the news fit. However, Kent accepts these disadvantages because free publicity offers the advantage of
Answers
Answer:
The answer is "credibility".
Explanation:
In this scenario, free advertising offers a reputation benefit. When this journal advertises openly, it's also considered reliable by the targeted customers like, it is in news form while charging something. Therefore, Kent finds that improper transmission of time information to be a drawback since it recognizes that its product and company would still be credible.
People are known to have different qualities. Kent accepts these disadvantages because free publicity offers the advantage of Credibility.
Credibility is known to be a characteristic of an individual who is said to be noted by others to be a trusted advisor, believable, and confident as they tend to show a high level of expertise in a specific field.A lot of traits are said to be of influential behaviors are known to be linked with with high credibility. Kent acceptance shows that free publicity gives some measure of Credibility.
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A cabinetmaker is seeking a new customer for a business that makes expensive
cabinets. The cabinetmaker has identified a group of potential customers with high
incomes.
Which method of segmentation is the owner using?
- Behavioral
- Geographic
- Psychographic
- Demographic
Answers
Answer:
It is Demographic
Explanation:
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What is the summary of the general ledger?
Answers
The general ledger summary in accounting is all those records that were made as debits or credits referring to the commercial operations that a company has had.
What is the general ledger used for?The general ledger is used to collect information in a summarized way of all the economic operations that are registered in the different accounting accounts of the company in a chronological way.
The general ledger is important because it allows to see at a glance the movements of the company that are reflected in this book, in this way the administration and accounting of all the resources is efficient.
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Documents of Trade
Fill in the blanks.
A customer sends a/an __________ to a trader asking for a/an __________ , which
gives details of the goods on offer. The customer then studies the __________and places a/an __________. When the goods are sent a/an __________ may be sent with them followed by the __________, which shows the amount owed.
Words: Letter of Enquiry; Quotation; Order; Delivery note; Invoice; Statement of Account; Receipt; Credit Note
Answers
Answer:
Here's ur answer
Explanation:
letter of enquiryQuotationreceiptorderdelivery notecredit noteHope it's helpful.. if so mark me as brainlist n thank me also
you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
Answers
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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Under the principle of comity, all foreign governments are subject to all U.S. laws. a. True. b. False.
Answers
"Under the principle of comity, all foreign governments are subject to all U.S. laws" is False which is given in option b. The principle of comity is a practice among nations, where they mutually recognize and enforce each other's laws and judicial decisions out of courtesy and respect. While it encourages cooperation and collaboration, it does not subject foreign governments to all U.S. laws.
The principle of comity is a principle of international law that recognizes the importance of showing respect and deference to the laws, policies, and judicial decisions of other countries.
In essence, it is a recognition by one country of the validity and effectiveness of the laws and judgments of another country, even though they may conflict with its own laws and interests. This recognition is not based on a legal obligation, but rather on considerations of mutual respect, cooperation, and goodwill.
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~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
Answers
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
Two Cournot duopolists compete in a market with inverse demand given by p = 190.00 – 2Q. where p is the per-unit price, q, is the output for firmi (either form 1 or firm 2), and Q = q1 +q2. Firm 1 has a cost function of c1(q1) = 2q^2 and firm 2 has a cost function of c2(q2) = 3q2. Assume no fixed costs. What is the optimal output for firm 1? What is the optimal output for firm 2?
Answers
10 units is the ideal production for firm 1, and 6.667 units is the ideal output for firm 2.
What is the company's ideal output?According to the firm's optimal output rule, a firm's profit is maximised by generating as much output as possible at a price where the last unit's marginal cost is equal to the market price.
What is the recipe for the best possible profit?According to the formula profit = Total revenue - Total expense, profit is determined. When the first order, MR = MC, and the second order are dependent on the first order, a corporation maximises profit. Regarding the time frame for making a profit and the objectives of the company, this idea contrasts from wealth maximisation.
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Assuming sales remain unchanged, if COGs increases then Gross Profit
Answers
Assuming sales remain unchanged, if COGs (Cost of Goods Sold) increases, then the Gross Profit will decrease. Gross profit is the difference between the revenue earned from sales and the cost of goods sold.
When COGs increase, it means that the cost of producing each unit of the product has increased. This will lower the Gross Profit margin since the revenue earned from sales will now have to cover the increased cost of production. Therefore, the Gross Profit margin will decrease by the same percentage as the increase in COGs.
A decrease in Gross Profit margin can have serious implications for a business. It will lower the net profit margin, which is the overall profitability of the business. The business may also have to increase the selling price of its products to maintain its profit margin, which can result in a decrease in sales volume.
Additionally, an increase in COGs may result in reduced profit margins and cash flow, which can lead to financial difficulties and a decrease in the company's overall financial health.
In conclusion, assuming sales remain unchanged, if COGs increase, then the Gross Profit margin will decrease, which can have significant implications for the overall financial health of a business.
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Who has the most goals in fifa history
Answers
Answer:
Pele
explanation:
In 1.9k+ goals
Where do financial institutions get the funds that they lend to customers?
Answers
Banks typically generate income by borrowing funds from depositors and paying them back at a predetermined interest rate. By charging the borrowers a higher interest rate and making money off the interest rate spread, the banks will lend the money to borrowers.
Banks obtain savings from individuals and companies (savers) and use these resources to issue loans to others who need money (borrowers). One of the biggest funding expenses for banks is the interest they must pay on the money they receive from savers.
Finance companies make money by selling securities, primarily commercial paper, to other companies, including banks, in the money market. They then lend the money to people or corporations at an interest rate that is higher than what they pay on their securities.
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The annual master budget file includes the ________ from last year because it is needed for the schedule of expected cash collections.
Answers
The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
A sentence about annual master budget files
Annual master budget files are a collection of files with detailed lists of cash movements inside, from and to a business. This information is useful to predict and estimate expected cash movements and to construct expected budget in terms of costs and time for the next fiscal year.
For this reason, an annual master budget file must include the budget from last year. The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
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Paragraph Writing of 50words
- define the term economic goods
- state two examples
- describe two features of economic goods
Answers
Answer:
I am Kajal I am follow you
Explanation:
please make me brainliest
1. ____ includes studying what people want and designing a product's packaging
A.Marketing
B.Management
2.Shopping at Walmart and paying cash for your purchases is a marketing strategy called ____
A.Promotion
B.Pricing
Answers
2. pricing
What account is unrecorded revenue?
Answers
Unrecorded revenue is an account that falls under the category of "accrued revenue."
What is Accrued Revenue?
Accrued revenue is revenue that has been earned but has not yet been recorded in the accounting records. This can occur when a company provides goods or services to a customer but has not yet received payment for those goods or services.
In this case, the revenue is considered "unrecorded" until it is actually recorded in the accounting records. Once the payment is received and recorded, the unrecorded revenue account is closed and the revenue is recognized in the accounting records.
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when the endowment effect occurs, multiple choice 1 people are better able to process changes in product sizes than changes in price. gains are felt more intensely than losses. people assign the same utility to a given situation regardless of their previous status quo. people assign higher values to the things they own than to the things they do not own. b. when a framing effect occurs, multiple choice 2 people's preferences can change drastically dependent on contextual information. recent information has the most influence on decision making. people isolate purchases and fail to consider all consumption options. people are willing to receive more for things they own than they would have to give to get something they already have. c. when mental accounting occurs, multiple choice 3 people isolate purchases and fail to consider all consumption options. gains are felt more intensely than losses. people are willing to receive more for things they own than they would have to give to get something they already have. people assign higher values to the things they own than to the things they do not own. d. when anchoring occurs, multiple choice 4 gains are felt more intensely than losses. people's preferences can change drastically dependent on contextual information. recent information has the most influence on decision making. people assign the same utility to a given situation regardless of their previous status quo.
Answers
The correct answer is d. When anchoring occurs, people's preferences can change drastically dependent on contextual information.
Anchoring is a cognitive bias that occurs when people rely too heavily on the first piece of information they receive (the "anchor") when making subsequent decisions. This can cause people to adjust their decisions around the initial anchor, even if it is irrelevant or arbitrary.
For example, if a car salesman first offers a car for $50,000, even if the final price negotiated is $45,000, the buyer may still feel like they got a good deal because they anchored to the initial price of $50,000.
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A country with four states, A, B, C and D apportions the 70 seats in its congress using Hamilton's Method. The table below lists the population for each state and the final apportionment. New census data came in this year and the 70 seats need to be reapportioned using Hamilton's Method. The table below shows the new populations for each state. A's final apportionment: B's final apportionment: C's final apportionment: D's final apportionment: Have any paradoxes occurred? If so, which ones? Explain your answer. Population Paradox Alabama Paradox New States Paradox None of the above
Answers
The answer is the "New States Paradox." occurs when adding a new state to the system leads to a change in the apportionment of seats for existing states.
In this case, since only the populations of the existing states have changed, the Alabama Paradox (which occurs when increasing the total number of seats leads to a loss of seats for a state) is not relevant.
To determine if the New States Paradox occurred, we compare the new apportionment with the previous one. If any state gained or lost seats due to the addition of the new population data, the paradox is present. However, since the initial apportionment is not provided, we cannot directly compare the two and determine the paradox. Additional information is needed to verify the occurrence of the New States Paradox in this scenario.
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Kaylin works in the Manufacturing career cluster. The daily tasks of her career involve looking at ways that her company is at risk for causing problems to the health of its workers. She also analyzes those problems and comes up with solutions to implement.
What job does Kaylin most likely have?
Occupational Health and Safety Specialist
Environmental Science and Protection Technician
Quality Control Analyst
Product Safety Engineer
Answers
Answer:
A-Occupational Health and Safety Specialist
Explanation:
Occupational Health and Safety Specialist. Hence, option A is appropriate.
What is the meaning of Health?A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.
Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.
Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.
The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.
Hence, option A is correct.
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Customer service personnel typically need at least A. a high school diploma. B. a vocational school certificate. C. a community college degree. D. a four-year degree.
Answers
Answer:
A. a high school diploma.
Explanation:
Typically, a Customer service representative's minimum qualification is a high school diploma. They also need on the job training to acquire specific skills required to work in that particular organization. Companies organize classroom-like training to teach the customer service representatives about their products and services.
Some organizations, such insurance companies and banks, may demand higher qualifications due to the technical aspects of their job.
As is the case in real life, there is usually no single correct answer to standard case interview
questions. As long as you're able to prove your case, using sound analysis and by
demonstrating an understanding of the main case issues, you're likely to do well. Discuss the
common standard case interview questions that provide great practice for case interviews.
Answers
The common standard case interview questions that provide great practice for case interviews are;
How did you hear about our product? How long had you been looking for a solution to this problem? What is importance of interview questions to customer service?The best interview questions elicit useful information because they make interviewers use their experiences and quick thinking.
Seeing their responses can give you a clearer idea of how they would respond in practical situations and save you from spending time and effort on the wrong hire.
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1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?
Why?
Answers
Answer:
They have a negative cash flow.
Explanation:
Because their net operating activities is not breaking even, in other words, they are losing money.
From 1979 to 2019, real earnings decreased for those having only a high school education or less. among the possible explanations for this trend offered by economists are:
Answers
Real earnings decreased for high school education because globalization has helped those with greater education more than those with less education.
Decrease in real earningsDue to globalization people with higher education or higher qualification has more advantage over those with lesser education or high school education.
This occur because technological changes in recent decades has lead or result in high demand for people with more or higher education.
Inconclusion real earnings decreased for high school education because of globalization.
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The law of supply tell us there is a negative, or inverse relationship between:_____.
a. the price of a good and the quantity supplied.
the higher the price, the lower the quantity supplied.
that as the price of a good increases, producers will increase the quantity supplied.
the positive relationship between the price of a good and quantity demanded by consumers.
Answers
Explanation:
the positive relationship between the price of a good and quantity demanded by consumers.
every small employer carrier must actively offer to small employers at least how many health benefit plans?
Answers
Small employers with few employees, particularly those who do not have the resources to provide their own healthcare, are often in need of low-cost healthcare. In the United States, the Affordable Care Act has established rules for small employers to provide healthcare options to their employees.
The small employer carrier must offer at least one small group health benefit plan to small employers who meet their requirements. Small employer carriers must actively offer to small employers at least one healthcare benefit plan.
In addition, they must also offer at least one catastrophic health benefit plan as well.
To encourage carriers to participate in the Small Group market and to provide employees with an adequate choice of plans, every small employer carrier must actively offer at least one healthcare benefit plan to small employers.
It is important for small employers to remember that healthcare policies are intended to meet the healthcare needs of their employees. For example, catastrophic health plans are ideal for employees who are healthy and do not require frequent doctor visits.
Healthcare insurance providers have to keep their plans in line with the law. Their policy coverage should include essential benefits such as ambulance service, hospitalization, emergency services, prescription drugs, and more.
Thus, if you are a small employer carrier, you must offer your employees a minimum of one healthcare benefit plan and one catastrophic health benefit plan.
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HELPP on question 10
Answers
Answer:
land?
Explanation:
Answer:
Land
Explanation: