During 20X5, Haft Co. became involved in a tax dispute with the IRS. At December 31, 20X5, Haft’s tax advisor believed that an unfavorable outcome was probable. A reasonable estimate of additional taxes was $200,000 but could be as much as $300,000. After the 20X5 financial statements were issued, Haft received and accepted an IRS settlement offer of $275,000. What amount of accrued liability should Haft have reported in its December 31, 20X5 balance sheet?
Answer:
a) $200,000
Explanation:
The computation of the accrued liability is shown below:
In case when there is a range of expected losses that could be predicted and in that case no amount could be more anticipated than the others so the lesser predicted value should be accrued.
In the given case, the lower value is $200,000 so the same is to be considered
hence, the correct option is a.
Select the correct answer.
George runs a small retail business. He sells brands that another business manufactures. George's retail store uses the logos and trademarks of
that business to attract customers. George thus acts as a dealer on behalf of the manufacturing business. Which type of franchise model does
George's retail business follow?
ОА
trademark franchise
ОВ.
product distribution franchise
OC. manufacturing franchise
OD
management franchise
OE
business format franchise
Answer:
B. product distribution franchise
Explanation:
In this scenario, George runs a small retail business and sells brands (products) that another business manufactures. George's retail store uses the logos and trademarks of that business to attract customers by acting as a dealer on behalf of the manufacturing business.
Hence, the type of franchise model that George's retail business follow is a product distribution franchise.
A product distribution franchise can be defined as a supplier-dealer business relationship in which a dealer (franchisee) is granted a license by the manufacturer (franchisor) to sell and distribute their products.
In this type of franchise, the dealer (franchisee) is only granted the license to use just the logos and trademarks of the manufacturer (franchisor) but not the framework (system) for the establishment and operations of the business.
Some examples of a product distribution franchise is Fords motors, Coca-Cola, mobile homes, Guiness etc.
QUICK!!!
Determining which leads are most likely to make a purchase is a process referred to as
O lead generation
O lead qualification
O prospecting
O targeting
Answer:
Lead qualification
Explanation:
This where you categorize a qualified sales or marketing lead as a customer who has been contacted and has engaged with the sales and marketing team and so is further along the sales process than the other leads.
Select the correct answer.
Sales representatives represent which of the following members of the fashion industry?
A. textile companies
B.
retail stores
C suppliers and importers
D. designers and manufacturers
Answer:
D
Explanation:
A manufacturers' representative, also known as independent sales representatives or sales agent, is an individual, sales agency or company that sells a manufacturer's products to wholesale and retail customers. The commission rate varies according to the market and the product type.
what would you do if you still liked someone that you have dated in the past and broke up with?And they dont know it?
Answer:
Tell them
Explanation:
25. A sale for which payment will be received at a later date. (p. 18)
Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000
In parliamentary procedure, a meeting begins when the chair person says which of the following phrases?
a. We will now begin the meeting.
b. The meeting has been called.
C. The meeting will now come to order.
d. There shall be order and commencement.
Answer:
c
Explanation:
got it right on test
In parliamentary procedure, a meeting begins when the chairperson says The meeting will now come to order. Thus option A is correct.
What is parliamentary procedure?A parliamentary system, sometimes known as a parliamentarian system, is a method of democratic government whereby the executive branch obtains the backing of the legislative, usually a parliament, to whom it is answerable.
A really well agenda results in shorter sessions that go more smoothly. The topics that will be covered in what order should be listed on the agenda. Establish a priority list if there are multiple critical items.
Ahead-of-time preparation and the use of agendas is preferred by some boards. This was stating that there will be a commencement. Therefore, option A is the correct option.
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There commencement.
Which of the following is true of unethical behavior?
A. It may cause people to lose trust in you.
B. It may be prevented by creating conflicts of interest.
C. It is always illegal.
D. It is regulated by administrative law.
Answer:
Its A
Explanation:
the person above me is wrong.
It may be prevented by creating conflicts of interest is true of unethical behavior. As it supports the morally correct behavior of the person.
What is unethical behavior ?Unethical behavior is defined as behavior that goes against what is morally right or proper for a person, profession, or industry.
On the other side, ethical behavior is doing the right thing, whereas unethical action is the opposite.
Thus, option B, prevented by creating conflicts of interest is correct.
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Which best describes interest?
a. Interest is another word for the cash and rewards you get from using certain credit cards.
b. Interest is a method by which you can compare the cost of comparable purchases.
c. Interest is the cost associated with using credit and it ultimately makes any purchase made using credit more expensive than the same purchase made with
cash
d. Interest is the fee associated with using more credit than the limit on your credit card.
Answer:
c. Interest is the cost associated with using credit and it ultimately makes any purchase made using credit more expensive than the same purchase made with cash.
Explanation:
Interest is the cost of borrowing money. It is the added amount paid over and above the principal amount. Goods and services purchase on credit will end up costing more than when bought cash.
Interest also represents the risk of lending money. Lenders make money by charging interest on credit extended. It means borrowers pay more than the amount borrowed.
Interest is expressed as a percentage. The higher the percentage, the more expensive is the credit facility.
differentiate between
Alkali metals and halogens
Halogens and inert gases.
35 points!!!111
Outlining involves arranging topics or ideas in relationship to each other. Please select the best answer from the choices provided T F
Answer:
TRUE
Explanation:
Answer:
Honestly, you're lying about the 35 points thing...
But the answer is TRUE
April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
O A. Cross-functional team
B. Problem-solving team
O C. Self-managing team
D. Work team
Answer:cross-functional team
Explanation:
HELPPSPSPPSPSOSPPSSPOSJHDJWK
The benefits of marketing include techniques that create promotion of goods and products that lead to all but
A. Competition for new and improved products
B. Unlimited resources for the products promoted
C. Increased demand leading to lower prices
D. Added value to products and adds.
Answer: B
Explanation:
A source for conducting formal research would include _____.
a.
observations
b.
interviews
c.
written reports
d.
personal ideas
Please select the best answer from the choices provided
A
B
C
D
Answer:
C. written reports
Explanation:
edge 2020, I just took the test and it was c not a.
Answer:
C
Explanation:
A social worker is most likely to find him- or herself working with troubled people who are 20-40 years old. True False A social worker is most likely to find him- or herself working with troubled people who are 20-40 years old. True False
Answer: True
Explanation: Text Evidence proves that it is true.
Answer:
False
Explanation:
Do I have any college students on here willing to help me with a project? It's for my personal finance class. I'm in college but I'm a high schooler. I have to make a report on what the average college student spends. I will not be asking for bank card/account info or anything of that sort. No social security numbers or phone numbers. If you'd be willing to help me out thanks!!
Explanation: I'm a VERY smart 7th grader. : )
Answer:
i'm not in college but i can help you if you need help
Explanation:
Interviewing friends and family about their jobs and careers is one way of conducting ______ research about your own career options. a. formal b. informal c. secondary d. primary Please select the best answer from the choices provided A B C D
Answer:
C
Explanation:
Interviewing friends and family about their jobs and careers is one way of conducting informal research. Thus, option (b) is correct.
What is research?
By using data from earlier studies and events, “research” refers to the process of developing new concepts. Utilizing first-hand, reliable sources that have already been printed on a comparable topic Journals, publications, demographic information, and historical events, for instance, are based on these sources.
Informal research was the method of data gathering and collection. The informal research is based on non-relevant topics. A person's collection of the data for the target audience was the friends and family to choose the career options. It was a straightforward investigation into the outline and concept of the career and job.
As a result, the informal research was the friends and the family interview to the jobs and careers options. Therefore, option (b) is correct.
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HURRY!!!!
Which describes the process of how a business incorporates? The business must gain government permission and issue a stock sale, followed by a shareholder vote. The business must issue a stock sale and take a shareholder vote, followed by government permission. The business must take a shareholder vote and gain government permission, followed by a stock sale. The business may gain government permission, followed by writing a charter to shareholders and issuing a stock sale.
Answer:
A. The business must gain government permission and issue a stock sale, followed by a shareholder vote.
Explanation:
Just took the quiz
Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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You are placing an order for printer paper for your office, and the supplier offers to
give you a price discount if you place a larger order. Why is the supplier willing to
give you a discount? (Select the best answer.)
A)Because the supplier is using division of labor
B)Because employees of the supplier's company are not motivated
C)Because the supplier can improve its economies of scale by selling in bulk
D)Because the supplier has only variable costs instead of fixed costs
Answer:
A- Because the supplier can improve its economies of scale by selling in bulk
Explanation:
Bonnie claims single with 2 federal withholding allowances, and contributes state tax of 20% of her federal tax. Below is a copy of Bonnie's biweekly statement of earnings. Bonnie knows that her gross earnings and federal tax are correct, but she thinks that her net pay is not correct.
Answer:
The given net pay is not correct because the Medicare is not 1.45% of her gross pay. The Medicare should be $11.02, making the correct net pay $641.86.
Explanation:
How important is body language? Explain your opinion.
Answer:
Our body language helps others identify our emotions, status and even our lifestyle. Non-verbal communication plays a significant role in conjunction with the spoken words. ... Any sign of conflict between the body language and our words can make us appear untrustworthy and deceptive.
During 2013, Winston Corporation spent $170,000 in research and development costs. As a result, a new product called the New Age Piano was patented. The patent was obtained on October 1, 2013, and had a legal life of 20 years and a useful life of 10 years. Legal costs of $18,000 related to the patent were incurred as of October 1, 2013. Collapse question part (a) Prepare all journal entries required in 2013 and 2014 as a result of the transactions above. (Round answers to 0 decimal places, e.g. 8,564. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit 2013 (To record research and development expenses) 2013 (To record legal expenses) 2013 (To record amortization expense) 2014
Answer and Explanation:
The Journal entry is shown below:-
1. Research and development expense Dr, $170,000
To Cash $170,000
(Being research and development expense is recorded)
2. Patents Dr, $18,000
To Cash $18,000
(Being capitalize the legal costs is recorded)
3. Patent amortization expense Dr, $450 (18,000 ÷ 10 years × 3 ÷ 12)
To Patents $450
(Being patent amortization expense is recorded)
What is the purpose of a design brief?
Cleared checks:
a) Are available as online images for you to refer to or as reduced images sent with each monthly statement
b) Must be destroyed so that they don't get cashed again
c) Should be used to notify the people you wrote the check to since they havent cashed the checks yet
. d) Are automatically redeposited if the check image is lost
Explanation:
should be used to notify the pepole you wrote the check to since they haven't cashed the checks yet
Does not have a fixed shape or a definite volume and can be compressed.The state of matter that is defined in the above
statement is --------
A share of ownership in a company is known as which of the following?
А.Stock
B.Investment
с.Rebate
D.Bond
Answer:
Stock
Explanation:
The worth of a company is subdivided into small units known as shares. Each unit of a share represents the ownership of the company. The owners of the shares are described shareholders, and they are the owners of the company.
The term share is, at times, substituted with stock or equity. In ownership of a company, stock, shares, and equity will refer to the same things. Shareholders are also then referred to as stockholders.
Why do large corporations want to become more like small businesses?
Answer:
Many large corporations want to become more like small businesses because they want to make their firm more flexible, resourceful, innovative, and competitive. ... For businesses based off the internet, they are able to adapt to market changes quickly.
Which function of the marketing mix enables you to reach out to customers
Answer:
promotion
Explanation:
for plato
Which type of worker would most likely need a bachelor’s degree?
Answer:
A construction manager!
Explanation:
Answer:
C
Explanation:
