Which of the following is NOT an example of a liability?
O Cash
O Equipment loans
O Charge accounts
O Rental fees

Answers

Answer 1

According to the given information Cash is NOT an example of a liability.

The correct  option is A.

What liabilities mean?

Payables, wages, and taxes are examples of current liabilities, which are sums owed for ongoing costs. Current obligations will include payments on long-term debt due in the following year. A company records the following in a liability account, which is a general ledger account as a result of commercial transactions.

Why liability is credited?

Liability accounts are parts of the company's books that display its debt. When a liability account is debited, the quantity owed by the company is reduced (i.e., the liability increases), and when a liability bank is credited, the amount owed by the company develops (i.e. increases the liability).

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The complete question is -

Which of the following is NOT an example of a liability?

A- Cash

B- Equipment loans

C- Charge accounts

D- Rental fees


Related Questions

if you need to withdraw your investment money in two years, you should probably invest in: multiple choice stocks. mutual funds. certificates of deposits. long-term government bonds. long-term corporate bonds.

Answers

Should you wish to withdraw your investment money from the investment in two years, the best thing you should probably invest in is certificates of deposits.

What is a certificates of deposit?

A certificates of deposit is a type of investment vehicle that is offered by banks and other types of financial institutions. It is a type of savings account which ensures that people are able to save their money with better interest rates for a fixed period of time. The reason the rates are higher on certificates of deposits is because they are not to be touched in the fixed period and therefore can be used by the bank for investments.

Certificates of deposits are usually intermediate term in nature because they offer fixed periods of a year, two years, and even five years. This means that if you want to be able to withdraw your money after two years, you should most probably invest in certificates of deposits.

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which tax benefit for education is partially refundable?

A. american opportunity tax credit

B. distribution from a qualified tuition program

C. lifetime learning credit

D. student loan interest deduction ​

Answers

Answer:

American opportunity tax credit

Explanation:

I took the test

as a general rule, is it safe to assume that a change in the price of a good will always have its most significant impact on the quantity demanded of that good, rather than on the quantity demanded of other goods? explain.

Answers

When in doubt, an adjustment of the cost of a kindness essentially affects the amount requested of that great, however not consistently. In the event that the positive quality in setting is a second rate great, the replacement and pay impact will work in inverse headings decreasing the impact of progress.

As a rule, this doesn't know it is right, in light of the fact that changing the shopper's utilization of substitutes and supplements to the essential great requires first changing the buyer's utilization of the essential great. In the event that the cost of apples ascends, for instance, a shopper can change to oranges by first decreasing his apple consumption.

What is the standard expressing that more will be requested at lower costs?

The law of interest expresses that as the cost of a decent declines, the amount requested of that great increments. All in all, the law of interest expresses that the interest bend, as a component of cost and amount, is consistently descending slanting.

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One of the ways a supervisor can gain control is by:
O a. perceiving situations as problems rather than challenges.
O b. planning and identifying both long-term and short-term goals.
O c. taking a series of short vacations rather than a long vacation.
O d. declining rewards when something worthwhile is accomplished.

Answers

perceiving situations as problems rather than challenges. [option a] is one of the ways a supervisor can gain control.

The span of control, also known as span of control, is a term used in business management, especially human resources management. This term refers to the number of subordinates or direct reports that a manager is responsible for.Command range refers to the number of subordinates a superior can effectively manage. Simply put, a manager who has a group of direct reports to him is known as a management span.Leadership scope refers to the horizontal levels of the organizational structure. Leadership has broad and narrow spans. Larger spans have fewer hierarchical levels and therefore a flatter organizational structure. Narrow spans increase the hierarchical level while the organizational structure grows.

Hence, supervisors can easily control subordinates by the span of management.

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what is the diference between gdp and gnp

Answers

Answer:

GDP measures the goods and services produced within the country's geographical borders, by both U.S. residents and residents of the rest of the world. GNP measures the goods and services produced by only U.S. residents, both domestically and abroad.

Explanation:

Answer:

GDP measures the goods and services produced within the country's geographical borders, by both U.S. residents and residents of the rest of the world. GNP measures the goods and services produced by only U.S. residents, both domestically and abroad.

Explanation:

Hope it helps

most companies expect to collect the full balance of all of their accounts receivable. this statement is

Answers

The majority of businesses anticipate collecting the whole balance of their accounts receivable. This assertion is false.

Accounts receivable (AR) is the remaining amount owed to a business for goods or services that have been delivered businesses or consumed but have not yet been paid for by clients. The balance sheet classifies accounts receivable as a current asset. Customers' unpaid debt for goods they made with credit is referred to as AR.

The term "accounts receivable" refers to any unpaid bills or cash that a business is owed by customers. The word refers to accounts that a company is entitled to get as a result of delivering a good or service. Accounts receivable, also known as receivables, are a businesses type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame.

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5. Due to a recession, expected inflation this year is 3%, and 3.25% in year 2. However, the inflation rate in year 3 and thereafter is expected to be constant. Assume the expectations theory holds and the real risk-free rate is 2.5%. If the yield on 4-year T-bond equals 1-year bond plus 2%, what is the inflation rate after year 2?

Answers

Based on the expected inflation, and the expectation theory as well as the real risk-free rate, the inflation rate after year 2 is 6.88%.

How to find the inflation rate?

To find the inflation rate, first find the yields on Treasury bonds for a year and four years.

One year Treasury bond yield:

= Real Risk-free Rate + Inflation Premium on 1-year Treasury Bond

= 2.5% + 3%

= 5.50%

Four year Treasury bond yield has been given by the question to be 2%.

We can therefore use the Four year Treasury bond yield to find the inflation premium in the fourth year:

= One year Treasury bond yield - Real Risk-free Rate + Four year Treasury bond yield

= 5.5% + 2% - 2.5%

= 5.0%

Now that you have the inflation premium, the inflation for after year 2 is:

5 % = (3% + 3.25% + 2 x Inflation after year 2] / 4

= 6.88%

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A managerial innovation that improves the efficiency of a company's cross-functional
teams would be considered a(n) _______ innovation.
a) product
Ob) process
c) core
d) transformational
e) practical

Answers

The answer is

a) product

Where is the Edit Links dialog box located?

Answers

Edit Link options. When you open the Edit Links dialog (Data > Queries & Connections > Edit Links), you're presented with several options for dealing with existing links. You can select individual workbooks with Ctrl+click, or all of them with Ctrl+A. This will update all selected workbooks.

Answer:data tab, connections group

Explanation:

just did

Dana and his manager have discussed expanding Dana’s role and responsibilities in the company. What written agreement could establish and legally bind the parameters of Dana’s new position?

A. Covenant

B. Business ownership

C. Business incorporation

D. Contract

Answers

A written agreement that could establish and legally bind the parameters of Dana’s new position is known as a Contract.

What is an employment contract?

In law, an employment contract refers to a type of contract used in labour law to attribute certain rights and responsibilities between the parties to a bargain. Such a contract is normally between the employee and employer.

An employment contract arisen out of the old master-servant law which was used before the 20th century.It relies on the concept of authority in a situation where the employee agrees to accept the authority of the employer and in exchange the employer agrees to pay the employee a stated wage.

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Once a corrective action plan begins addressing or fraud waste
True or false

Answers

Once a corrective action plan begins addressing or fraud waste. This statement was the false. Thus, option (b) is correct.

What is waste?

The term waste are the non-used items. The waste items are the decomposed and the recycled. The waste material are to be the uses as well as the non-used.

The corrective action plans are not to describe the fraud or the waste. They are the ongoing of the employee's activity to the measure. The given the statement are the false.

Therefore, option (b) is correct.

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if an organization's board of directors were to set aside assets to be used for replacement of plant and equipment, where would this be reflected on the balance sheet?

Answers

Answer: Assets Limited as to Use

Explanation: These are unrestricted assets whose use is limited by the governing board or contracts or agreements with outside parties other than donors or

Gary is opening a restaurant. Determine whether his costs are fixed or
variable. Use F for fixed and V for variable.

Takeaway boxes
Rent
Credit card bill
Ingredients

Answers

The cost will be:

Takeaway boxes - Variable cost

Rent - Fixed cost

Credit card bill - Variable cost

Ingredients - Variable cost

What are fixed cost?

Fixed Costs are those costs that are immutable i.e they cannot be changed.

Variable Costs are those costs that change or vary with the rate of production. For example, if the production rate increases or decreases, they also increase or decrease. They are also known as a direct cost

Takeaway boxes - V This is because as production or demand increases takeaway boxes will also increase

Rent - F This is because whether  production or demand increases or decreases, the rent remains the same

Credit card bill  -  V This is because as production or demand increases credit card bill will also increase

Ingredients  - V This is because as production or demand increases demand will also increase

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This theory establishes that people have 5 basic needs:physiological, security, social, esteem, and self-actualization

Answers

This theory establishes that people have 5 basic needs:physiological, security, social, esteem, and self-actualization:

Maslow's hierarchy of needs is a motivational theory.

Identify at least 3 behavioral concerns you think are important to delivering a successful D&I initiative

Answers

The 3 behavioral concerns which are important in delivering a successful D&I initiative are, offer meaningful opportunities or employee engagement, communicate clearly and create employee-led task forces, and create mentorship programs.

A D&I initiative is an important way in order to address the current shortcomings of an organization's workforce. Thus, managing a company's diversity and inclusion moments in the global workplace is, in many ways, an unmapped territory.

So, there are certain behavioral concerns which are important in delivering a successful D&I initiative. Diversity and inclusion metrics can be used in order identify risk areas, prioritize initiatives, etc.

Hence, diversity and inclusion initiatives benefits a company.

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MicroEcon Question. Urgent. Pls. Help.

Answers

The average fixed cost of each case will be $7,142.86.

The average variable cost is $70,000.

What is the average fixed cost and average variable cost?

Fixed cost is the cost that does not change with the number of lawyers hired or the number of cases. Fixed cost remains fixed regardless of the number of lawyers or the number of cases. Examples of fixed cost include rent, electricity.

Average fixed cost is the total fixed cost per case. Average fixed cost can be determined by dividing the fixed cost by the number of cases.

Average fixed cost = fixed cost / number of cases.

$200,000 / 28 = $7,142.86

Variable cost is the cost that changes with the level of output. Variable cost would increase with the level of output or the number of lawyers hired. The average variable cost is the cost of hiring one lawyer. The average variable cost is $70,000.

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what type of contract allows the offeree a fixed amount of time to consider an offer without the offeror being able to revoke the contract during that fixed period of time?

Answers

Defined Terms - A contract proposal must be sufficiently clear. To put it another way, the conditions of the offer must be sufficiently detailed for the offeree to comprehend and accept it. (Also see: Sum Certain.) The offeree must be aware that she is the one who will receive the offer and has the option to accept it.

Is it necessary for an offer to be firm?According to contract law, the conditions of the offer must be specific and plain so that a reasonable person may understand what his or her responsibilities under the agreement would be. A valid offer generally remains in effect until it is withdrawn by the person offering it.The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer, In some states, a legitimate alternative can satisfy the requirements of consideration.Offers, Both Express and Implied : An offer is considered to be express when it is made by the offeror in writing. A verbal or written express offer can be sent. An implicit offer is one that can be inferred from the facts of the case or the actions of the parties.

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What is the association of the term “integration” with ERP?

Answers

Answer: ERP integration is the method by which a business connect its ERP (Enterprise Resource Planning) software with other applications.

Explanation: ERP integration, to put it, simply, links and synchronises ERP software with other programs and data sources. Whether the data comes from the ERP or other systems, ERP software integration gives you a unified picture of data from several systems in real time.

A sample of 39 observations is selected from a normal population. The sample mean is 19, and the population standard deviation is 4. Conduct the following test of hypothesis using the 0.10 significance level.

H0: μ ≤ 18
H1: μ > 18

a. Is this a one- or two-tailed test?

multiple choice 1
One-tailed test
Two-tailed test


b. What is the decision rule?

multiple choice 2
Reject H0 when z > 1.282
Reject H0 when z ≤ 1.282


c. What is the value of the test statistic? (Round your answer to 2 decimal places.)

e-1. What is the p-value? (Round your answer to 4 decimal places.)


e-2. Interpret the p-value? (Round your final answer to 2 decimal places.)

Answers

The test that we have here is a one tailed test. The decision rule is to Reject H0 when z > 1.282. the value of the test statistic is 1.56. The p value is 0.0594

How to solve the problem

a. The question that we have been asked to solve in the problem that we have here has been identified as a one tail test. The first option is correct

b. The decision rule that we are to abide by in the question is Reject H0 when z > 1.282. The first option is the answer here

c. How to solve for The z test statistic calculation

19 - 18 / 4 / √39

= 1.5612

e1. The p value that we have here is 0.059238. The p value was obtained through the use of a statistical software.

e2. The p value is less than 0.10. That is 0.059238 < 0.10 so we have to reject the null hypothesis.

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Frank (48) and Suzanne (51) are married, and they will file a joint return for 2021. During the year, Frank earned $94,000 in wages; Suzanne earned $4,500 from a part-time job. They had no other income. What is the maximum amount the couple may contribute to Suzanne's traditional IRA?

A. $0

B. $4,500

C. $6,000

D. $7,000​

Answers

From the information given, the contribution limit to Suzanne's Traditional IRA is $7,000. As of 2021, the cap on contributions was $6000, or $7,000 for those 50 years or older. Since Suzanne is 51 years old, and the contribution is going into her IRA, the correct answer thus, is option D.

What is IRA?

In the United States, an individual retirement account (IRA) is a type of pension offered by numerous financial organizations that provides tax benefits for retirement savings. It is a trust that holds financial assets acquired with a taxpayer's earned income in order to assist the taxpayer in old age.

The three most frequent forms of individual retirement accounts are traditional IRAs, Roth IRAs, and rollover IRAs. Inherited IRAs and Custodial IRAs are two forms of typical IRAs. SEP IRAs and SIMPLE IRAs are two further forms of IRAs designed for self-employed people and small enterprises.

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When it comes to setting one's own quality standards, one must ensure they are ___?

.profitable
.written
.measurable
.reviewed

Answers

When it comes to setting one's own quality standards, one must ensure they are measurable. The correct option is C.

Define the Actual Requirements. Learn how to satisfy quality management compliance more easily. Maintain Simplicity. Everything should be documented. Check for comprehension. Establish Key Performance Indicators (KPIs) Results should be measured.

What set your quality standards?

Quality management standards are particular rules, specifications, guidelines, and characteristics that products, services, and processes must follow on a consistent basis to guarantee that their quality meets expectations. They are suitable for their intended use.

Quality standards are documents that contain rules, specifications, guidelines, or characteristics that can be utilized regularly to guarantee that materials, products, processes, and services are fit for purpose.

Thus, the ideal selection is option C.

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Answer:

C- Measurable

Explanation:

This was the correct anser on my test

which step of the planning phase of the strategic marketing process involves developing a plan for how to satisfy customer needs, while the who and what aspects had been determined previously?

Answers

The marketing program step of the planning phase of the strategic marketing process involves developing a plan for how to satisfy customer needs.

The marketing program is a way of considering the whole scale of our marketing activity for the complete organization.

This receives damage down by our individual product or product families. once in a while, we've products that are institution together and they are comparable by some means or have the same kind of brand.

A marketing plan lays out your commercial enterprise approach to obtaining new clients and promoting more services and products. However, it additionally serves as a manner of analyzing precisely how a success your advertising efforts were so far.

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Jones Corporation reported current assets of $189,000 and current liabilities of $134,000 on its most recent balance sheet. The current assets consisted of $62,800 Cash; $44,200 Accounts Receivable; and $82,000 of Inventory. The acid-test (quick) ratio is:

Multiple Choice

1.4 : 1.


0.80 : 1.


0.57 : 1.


1 : 1.


0.61 : 1.

Answers

The acid-test ratio of Jones Corporation is 0.80 : 1.

What is the acid-test ratio?

Acid test ratio also known as the quick ratio is used to measure the ability of short term assets to meet the current liabilities of a firm. The acid test ratio is an example of a liquidity ratio. Liquidity ratio measures the ability of a company to meet its short term liquidity

Acid test ratio = (current asset - inventory) / current liabilities

Acid test ratio = ($189,000 - $82,000) / $134,000

Acid test ratio = $107,000 / $134,000

Acid test ratio = 0.80

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abc corporation uses an activity-based costing system with three activity cost pools. the company has provided the following data concerning its costs and its activity-based costing system: costs: wages and salaries $ 320,000 depreciation 160,000 utilities 240,000 total $ 720,000 distribution of resource consumption: activity cost pools assembly setting up other total wages and salaries 50% 40% 10% 100% depreciation 10% 55% 35% 100% utilities 15% 50% 35% 100% how much cost, in total, would be allocated in the first-stage allocation to the assembly activity cost pool? group of answer choices $212,000 $176,000 $196,000 $160,000

Answers

The first-stage allocation to the assembly activity cost pool$336,000.

How to calculate?

estimating the first-stage allocation of costs to the Setting Up activity cost pool

Adding an amount

salaries and wages $128,000 [$320,000*40%]

Depreciation $88,000 (or $160,000 multiplied by 55%)

Services related to utilities $120,000 [$240,000*50%

Total $336,000

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if steak and potatoes are complements, when the price of steak goes up, the demand curve for potatoes:

Answers

When the price of steak goes up, the demand curve for potatoes shift to the left.

The potato is a starchy tuber of the plant Solanum tuberosum and is a root vegetable and a fruit native to the Americas. The plant is a perennial within the nightshade own family Solanaceae. Wild potato species can be determined from the southern u.s.a. to southern Chile.

In addition to starch, potatoes contain nutrients, minerals, and fiber. they're wealthy in vitamin C, that's an antioxidant. Potatoes had been a existence-saving food supply in early instances because the vitamin C averted scurvy.

Clean potatoes are baked, boiled, or fried and utilized in a marvelous variety of recipes: mashed potatoes, potato pancakes, potato dumplings, twice-baked potatoes, potato soup, potato salad and potatoes au gratin, to call a few.

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Question 2. The long-run real exchange rate.
a. Provide a short answer. Other things equal, how would you expect the following shifts to affect
a currency's real exchange rate against foreign currencies?
i.
The world demand for home products increased.
ii.
There is a negative productivity shock in the home economy.
b. True or false. Suppose domestic residents decide to spend more on nontraded products and less
on tradables, and the consumption basket consists primarily of goods and services produced and
consumed at home. In that case, there will be an appreciation of the home currency.

Answers

Answer: I don't know

Explanation: I don't know

which of the following is included in an individual taxpayers federal gross income?

A. certain income from discharge of indebtedness

B. disaster relief payments

C. a federal income tax refund

D. interest on state and local municipal bonds​

Answers

Answer:
C. A federal income tax refund.

Define culture.How does cultue variations affect work behaviour and job performance provide examples to show why a knowledge of such difference is imporatnat to managers

Answers

Culture is the amalgam of ideas, beliefs, behaviours, values, rituals, art forms, cuisine and living style of a community or group of people.

Cultural variations create distinctions between the employees and act as the single most important determinant of work behaviour and job performance. They help in determining the work ethics, the cohesiveness of teams and the individual performance of each employee. Cultural variations also play a role in enhancing inclusivity in the workplace and overall job performance.

Cultural variations are of immense importance to managers as they not only help in increasing active participation and collaboration between all employees but also provide an insight into the strengths and weaknesses of each employee. Let us take an example, suppose Michael and Meena belong to USA and India respectively. Both Michael and Meena might be efficient in their ways but to make the best of both worlds, the manager must be aware of the cultural variations to ensure that they work cohesively in a team.

The commercial aspects of culture though of immense significance, are often ignored and sidelined.

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in the short run, which of the following firms should attempt to produce where average costs are at a minimum in order to maximize profits or minimize losses?

a. perfectly competitive firm
b. a monopolistically competitive firm
c. an oligopoly
d. a monopoly
e. none of the above

Answers

Answer: A perfectly competitive firm

Explanation:

paco is graduating from college and has accepted a position as an account manager with a medical supply company. he will use a company car and is excited that he won't need to purchase his own vehicle. however, the company has a strict professional dress code and expects all account managers to wear suits every day. paco is starting to shop for suits and has gone to several stores such as men's warehouse and jos. a. bank as well as the suit department of a major department store. he's willing to take time now to learn more about the range of prices and quality for suits since he's not very knowledgeable about suits. however, he will only take a few days to consider the purchase since he doesn't enjoy shopping. what type of decision-making style is paco using for his new suit purchase?

Answers

Paco is using an extended problem-solving decision-making style. this means that he is willing to take the time to learn more about the range of prices and quality for suits and to consider the purchase carefully.

What is purchase?
Purchasing is the process by which a company or organisation acquires goods or services in order to achieve its objectives. Although numerous organisations seek to establish standards in the buying process, practises can vary widely amongst firms. Purchasing is a component of the larger procurement process, which encompasses expediting, supplier performance, transportation, and logistics. Procurement and purchasing managers/directors direct the organization's acquisition standards and procedures. Most businesses base their purchasing systems on a three-way check. Three departments within the business are responsible for completing various stages of the purchase process.

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