In preparing a bank reconciliation, the amount of deposits in transit is deducted from the balance per bank statement.

a. True

b. False

Answer: See explanation

Explanation:

a. Public sector simply means the sector of the economy that the government controls. Examples include the military, public education, law enforcement, etc

b. The secondary sector is the sector of the economy that is concerned with how raw materials would be processed to become finished goods. The industries in this sector include construction companies, car manufacturers, textile industries, etc.

c. The tertiary sector of the economy is the sector that is concerned with services. This sector is important because:

• it helps in the provision of basic services like health care delivery, education, etc.

• it also helps in the development of several sector in the economy such as communication, and transportation.

• it contributes a huge part to the gross domestic product of a country.

d. The reason why some ministers may want to privatize some business include

• when the resources are not being efficiently utilized and there's wastage of resources.

• to improve competition

• it also brings about increase in effectiveness and efficiency.

e. The public sector alwayw produces goods and services more efficiently than the private sector as the government always looks to tackle market failure. Apart from that, the government looks out for the welfare of the people in the society and it's main motive is not profit maximization like the private sector.

To answer your question, Eastman Kodak's and Sears' long-term industry success gave rise to bureaucratic cultures and clashing subcultures.

Bureaucratic cultures are characterized by a strong hierarchy, strict rules, and formal procedures. As these companies grew, they developed rigid structures that limited innovation and adaptability.

Simultaneously, clashing subcultures emerged within the organizations as different departments and teams developed their own unique practices and beliefs.

These subcultures often conflicted with each other, making it difficult for the companies to achieve a cohesive vision and direction.

Ultimately, the bureaucratic cultures and clashing subcultures contributed to the decline of Eastman Kodak and Sears.

To know more on Bureaucracy visit:

https://brainly.com/question/30696747

#SPJ11

Division of labor means that tasks are broken down into smaller segments. This allows workers to specialize in specific areas and focus on their assigned tasks, leading to increased efficiency and productivity.

By dividing the work into smaller components, workers can develop specialized skills and expertise in their specific area, resulting in higher quality output.

This concept is often associated with assembly line production, where each worker is responsible for a specific task in the overall production process. Division of labor also enables organizations to utilize resources effectively and streamline workflow. It does not necessarily imply decision making by upper management or grouping workers based on similar skills or expertise.

Learn more about the division of labor here.

brainly.com/question/24691008

#SPJ11

The correct answer is (a) federal government bonds.

Explanation : Federal government bonds are expected to have the least default risk.

What is a bond?

A bond is a financial instrument that enables corporations, municipalities, and governments to borrow money from investors. Bonds are a type of security that pays periodic interest payments to the bondholders who lend money to the issuer. At the bond's maturity, the issuer is obligated to repay the bondholders the bond's principal, according to the bond's terms and conditions.

The issuer has a default risk associated with the bond's payment of interest and principal on time, which refers to the possibility that the issuer may not be able to pay bondholders the agreed-upon interest and principal on time.

In this scenario, we can say that Federal government bonds are expected to have the least default risk. This is due to the fact that the federal government is the issuer of the bond, and it is very unlikely that the government will default on its obligations. As a result, investors view these bonds as a safe haven for their investments.

As a result, the federal government's borrowing rates are usually lower than those of corporations and municipalities. Thus, the correct answer is (a) federal government bonds.

Learn more about Federal government bonds here https://brainly.com/question/31097741

#SPJ11

Answer:

If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.

The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.

Explanation:

If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.

Learn more:

https://brainly.com/question/18468755?referrer=searchResults

The statement that BEST describes why a successful entrepreneur needs to be flexible is c. Entrepreneurial ventures involve risky situations and unexpected events.

Successful entrepreneurs must be able to adapt to changes and unexpected challenges that may arise in their business ventures. Being flexible allows them to pivot their strategies and make necessary changes to remain competitive and successful.

The entrepreneurial journey is characterized by taking risks, navigating through uncharted territories, and adapting to changing market conditions. Flexibility enables entrepreneurs to quickly respond to unforeseen circumstances, adjust their strategies, and seize new opportunities. It helps them navigate through obstacles, pivot their business models if needed, and embrace innovation. By being flexible, entrepreneurs can effectively manage the uncertainties and complexities inherent in entrepreneurial endeavors, increasing their chances of success in a dynamic and competitive business landscape.

Learn more about entrepreneurs here:

https://brainly.com/question/31010585

#SPJ11

1. Advantages and disadvantages of accepting credit card payments from customers:

Advantages:

- Increased sales: Accepting credit card payments can attract more customers and increase sales since it provides a convenient payment option.

- Faster payments: Credit card transactions are processed electronically, resulting in quicker payment receipt compared to checks or invoices.

- Reduced risk of bad debt: Payments made by credit cards are typically secure and reduce the risk of non-payment or bad debts.

- Competitive advantage: Offering credit card payments can give businesses a competitive edge and improve customer satisfaction.

Disadvantages:

- Transaction fees: Credit card processors charge fees for each transaction, which can reduce profit margins for businesses.

- Chargebacks and disputes: Customers have the ability to dispute charges or request chargebacks, which can lead to administrative hassle and potential loss of funds.

- Security risks: Accepting credit card payments involves security risks, such as the potential for fraud or data breaches. Businesses must implement secure payment processing systems to mitigate these risks.

- Dependence on third-party processors: Accepting credit cards requires a relationship with a payment processor, which adds a layer of dependency on external entities.

2. Difference between Sales Order and Sales Estimate:

- Sales Order: A sales order is a document generated by a business in response to a customer's purchase request. It outlines the specific products or services ordered, quantities, prices, and delivery details. It serves as a confirmation of the customer's intent to purchase and provides instructions for fulfilling the order.

- Sales Estimate: A sales estimate, also known as a sales quote or a sales proposal, is a document provided to potential customers to outline the anticipated costs and terms of a proposed sale. It includes pricing information, descriptions of products or services, and any relevant terms and conditions. A sales estimate is usually prepared before a customer commits to making a purchase.

The main difference between the two is that a sales order is generated after a customer has committed to making a purchase, whereas a sales estimate is prepared before a customer's commitment. Sales orders are used for actual transactions and serve as a basis for processing and fulfilling customer orders, while sales estimates are used for providing pricing information and negotiating terms with potential customers.

3. Reasons for requiring customer deposits when purchasing on account:

Companies may require customers to pay a deposit when purchasing on account for the following reasons:

- Managing risk: Requiring a deposit helps mitigate the risk of non-payment or default by customers. It provides a measure of financial security for the company in case the customer fails to fulfill their payment obligations.

- Financing large orders: Deposits can help finance the costs associated with fulfilling large orders. It allows the company to cover initial expenses or procure necessary materials before the full payment is received.

- Custom orders or special requests: For custom orders or special requests that require additional time, resources, or customization, a deposit ensures the customer's commitment to the purchase and covers any upfront expenses incurred by the company.

- Protecting against order cancellations: Deposits act as a deterrent against order cancellations since customers have a financial stake in the transaction. It helps reduce the risk of last-minute cancellations that can result in losses for the company.

4. Recording items received from a purchase order without a purchase invoice:

If items have been received from a purchase order but the purchase invoice has not yet been received, the following steps can be taken to record the transaction:

- Create a goods received note (GRN): Prepare a GRN to document the items received. Include details such as the date, supplier, description, quantity, and value of the received items.

- Record the receipt in the inventory system: Update the inventory system to reflect the received items. Increase the inventory quantity and update the corresponding value based on the cost of the items.

- Accrue the purchase cost: Since the purchase

invoice is not available, create an accrual entry to recognize the liability for the received goods. Debit the inventory or expense account and credit the accounts payable or accrued purchases account.

Learn more about Transaction fees here:

https://brainly.com/question/18699368

#SPJ11

Answer:

not sure i can really help sorry

The price of the preferred shares of the corporation is $4.90% if a par value is $100.

All ownership records of any firm are often known to as stocks. The share, on the other hand, refers to the stock certificate of a specific corporation. When you own share of a particular corporation, you are called a shareholder. These two different types of stocks are common and preferred.

An owner of a preferred stock is entitled to a set dividend payment. The formula is as follows:

Cost of preferred stock = (Preference dividend/stock price ) × 100

Preference dividend = Coupon rate × Nominal value

DATA

Coupon = 4.50%

Nominal Value = 100

Stock price =  $91.82

Preference dividend = 4.50% × 100=4.5

Cost of preferred stock = 4.5/91.82×100 = 4.90%

Cost of preferred stock=4.90%

To know more about stock visit:

brainly.com/question/14649952

#SPJ4

Another area in which Amazon has found another tax loophole in order to evade taxes is:

This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.

One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.

Read more about tax loopholes here:
https://brainly.com/question/10248969

There  are only two main suppliers present in an airline industry, Airbus and Boeing that has the power to control the fuel prices.

In business and economics, price refers to the amount of money that a buyer pays to acquire a good or service. It is the exchange value of a product, and it represents the value that the buyer and seller place on the item being sold.

Price is determined by various factors, such as supply and demand, production costs, competition, and market trends. A high demand for a product, for example, can drive up its price, while increased competition can lead to lower prices.

Because the Airbus and Boeing are the two significant supplier in an airline industry and that gives them the power to control the fuel prices.

Learn more about price here:

https://brainly.com/question/15779608

#SPJ1

The correct option is A. If the government is interested in placing the highest tax burden on firms, it should tax goods with elastic demand, such as vacation homes.

consumption can refer to the act of acquiring and using goods and services for personal or collective use. It encompasses a range of activities and practices, including shopping, dining, travel, and entertainment. Consumption in the humanities is not just a matter of satisfying material needs but also involves social and cultural dimensions.

Consumption patterns are shaped by a range of factors, including economic conditions, social norms, cultural values, and individual preferences. The study of consumption in the humanities involves analyzing how people use goods and services to express their identities, values, and aspirations, and how these practices reflect broader social and cultural trends.

Consumption is a complex phenomenon that has both positive and negative impacts on individuals and society. It can provide opportunities for self-expression and enjoyment, but it can also contribute to environmental degradation, social inequality, and cultural homogenization.

To learn more about Consumption visit here:

brainly.com/question/14933604

#SPJ4

Complete Question:

some consumption goods tend to have price-insensitive demand. an example of inelastic demand is groceries. other goods have elastic demand. an example of elastic demand is vacation homes. if the government is interested in placing the highest tax burden on firms, which good should they tax?

A. vacation homes

B, All of the above

C. Groceries

Answer:

Prepare a detailed business for financial viability study

This is the definition of Consumer engagement. It refers to the level of interest, interaction and connection a consumer has with a product, brand or service. It is a measure of how "involved" a consumer is in a product or service and how much value they perceive from it.

This is an important concept for marketers because it can help them understand how to better engage their target consumers and create long-term relationships. In addition, marketers must ensure that their content is compelling and engaging, as this is essential to capture and retain the attention of their target consumers. Ultimately, it is essential to any successful marketing campaign and should be an integral part of any business' marketing strategy.

To know more about consumer engagement click here

https://brainly.com/question/29569992

#SPJ4

Answer:

hi friend

Explanation:

A management information system will provide more details about the customers, and with this helpful knowledge of the needs of the customers, management is better positioned to enhance customer service and deliver highly successful promotional and advertising campaigns.

A marketing communication strategy called an integrated campaign is made up of a number of advertisement messages that are all based on the same topic and theme. A group of people can organize their views, ideas, and beliefs onto an IMC, which serves as a platform for a sizable media base. During a specific time period, advertising campaigns use a variety of media platforms to reach specific audiences. The campaign theme serves as the primary focus of the advertising campaign and serves as the main message that will be communicated through promotional activities. It establishes the tone for the various types of marketing materials that will be used, including individual advertisements and other forms of marketing communication. To achieve a certain goal or a set of goals, advertising campaigns are created.

To learn more about advertising campaigns, visit:

https://brainly.com/question/27375742

#SPJ4

You can automate the process of paying yourself first by setting up an automatic transfer from your checking account to your savings account or by enrolling in your employer's direct deposit program.

Automating the process of paying yourself first can be an effective way to ensure that you save money consistently. One way to do this is by setting up an automatic transfer from your checking account to your savings account. This can typically be done through your bank's online portal or mobile app. You can choose the amount and frequency of the transfer and it will occur automatically on the designated date.

Another way to automate the process is by enrolling in your employer's direct deposit program. Many employers offer the option to split your paycheck between multiple accounts, so you can have a portion of your paycheck automatically deposited into your savings account.

Automating your savings can help you avoid the temptation to spend your money instead of saving it. By paying yourself first, you prioritize saving and ensure that you are making progress towards your financial goals. It's important to regularly review your savings plan and adjust it as necessary to ensure that you are saving enough to meet your needs.

Learn more about Savings account

brainly.com/question/3970927

#SPJ11

While parents, family, and community members may assume specific roles as they become involved in the education of children, for example as volunteers in the classroom (see Epstein and Connors' typology, 1993), a synthesis of the literature reveals three overarching roles that are created in the development and implementation of parent and community involvement programs (Lyons, Robbins and Smith, l983; Lynn, l994). Each of these roles is actualized in very different ways in relationships in classrooms, schools, and school districts:

Parents as the primary resource in the education of their children is best exemplified in home learning. Home learning is the activity, or set of activities, that parents and family members may engage in to help their children succeed academically. This partnership role between parents and/or family members and schools may have the greatest impact on achievement.

Parents and community members as supporters and advocates for the education of their children is facilitated through site-based school restructuring. Restructuring schools to create parent and community partnerships with schools focuses on organizational structure. Changing activities; creating new relationships between parents, families, communities, and schools; and implementing innovative strategies are ways that schools can restructure to facilitate parent and community involvement in this role.

Parents and community members as participants in the education of all children incorporates a broader vision in the partnership between schools and the populations they serve. Districtwide programs provide the vehicle for parents and community members to be involved in roles that reach beyond the immediate impact of an individual child to the impact on all children in the district.

The representative of the insurer who authorizes treatment, investigates, evaluates, and negotiates the patient's claim, and acts on behalf of the company in the settlement of claims is typically referred to as a Claims Adjuster.

Claims Adjusters play a crucial role in the insurance industry by facilitating the claims process and ensuring that claims are handled fairly and efficiently. When a policyholder files a claim, the Claims Adjuster is responsible for reviewing the details of the claim, gathering necessary information, and assessing the coverage provided by the insurance policy.

The Claims Adjuster's primary responsibilities include investigating the claim by conducting interviews, reviewing documents and evidence, and verifying the circumstances surrounding the loss or damage. They assess the extent of the policyholder's loss and determine the appropriate coverage and compensation under the terms of the insurance policy.

Once the investigation is complete, the Claims Adjuster evaluates the claim and negotiates with the policyholder or their representative to reach a fair settlement.

This involves analyzing the policy terms, applicable laws and regulations, and any relevant precedents or guidelines. They consider factors such as the extent of the damage, policy limits, deductibles, and any exclusions or limitations outlined in the policy.

The Claims Adjuster acts as the liaison between the insurer and the policyholder throughout the claims process. They communicate with the policyholder, healthcare providers, repair professionals, and other parties involved to gather information, answer questions, and provide updates on the status of the claim.

For more such questions on negotiates visit:

https://brainly.com/question/28059883

#SPJ11

Answer:

To secure people's money

Explanation:

People's money can easily be stolen but if you put your money in the bank they would have to be a skilled hacker to steal your money

Answer:

D. Job leads

Explanation:

Employment agencies, career fairs, and Internet ads can all be sources of job leads. Hence, Option D is correct.

There are various kinds of agencies in the whole world that target providing the required stuff to the person or the ultimate user when it comes to the types of agencies

There are various types of agencies that are present in the whole world according to the type of material that they have available at different agencies.

If it is about employment agencies, these are the agencies that provide employees to the ultimate employers, and with the help of employment agencies, those who belong to the unemployment category will get employment according to their qualifications.

Therefore, Option D is correct.

Learn more about Employment agencies from here:

https://brainly.com/question/1657212

#SPJ2

Answer:

A reduced time in debt

Explanation:

Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.

A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.

Answer:

Consistent, Competitive & Profitable.

Explanation:

correct on edge

The three traditional Gs of growth are Growth, Gratitude, and Giving

The standard of a piece of information being discussed is indicated by tradition. For instance, "Homer is said to have been born on the island of Chios, although many other places have historically claimed him as their own." It may never be possible to confirm or deny this custom.

Growth: In other words, if you develop your workforce, your business will do the same. Don't you make an effort to hire employees that are smarter than you Give them an opportunity to succeed while guiding them while they do so.tradition

Gratitude can take many different forms. Your customers conducting business with you, internal promotions, and improving someone. Investing in a better world and receiving assistance in whatever form are both aspects of gratitude.

Giving: is a straightforward conclusion; you give it your all without holding back. Giving is recognizing the need and taking action to provide assistance in any form that is practical. Giving ultimately causes the business world to whirl. If you do it, other people will too. That's how easy it is.

Therefore,  Traditional Gs of growth are Growth, Gratitude, and Giving

Learn more about the tradition here:

https://brainly.com/question/8798118

#SPJ2

Answer:

physically lift heavy items

Explanation:

pick materials based on order of delivery (that makes sense so you know when everything comes in)

pick materials based on due date (that makes sense so you how to plan and order everything to line up right)

pick materials using a pre-programmed, efficient route (that makes sense so you have a guide! You won't have to stress this way and it's seems simple.)

physically lift heavy items (that doesn't makes sense if they're heavy you'll be wasting your time fighting up with it. Have people help do that.)

Answer: initial stage

Explanation:

The initial stage of financial life cycle is simply the first stage or the beginning phase of the financial cycle. Since he want to save so that he can get a house, thus means that he wants to accumulate asset.

Furthermore, it should be noted that the initial phase of the financial life cycle typically begin at a young age of about 25 years.

Answer:

initial stage

Explanation:

An organization where employees typically wear casual clothes and interact casually is most likely to have an **informal** organizational culture.

In an informal culture, there is a more relaxed and flexible approach to work, and interactions are often less formal and hierarchical. Employees may have more autonomy and freedom in decision-making, and there is a greater emphasis on open communication and collaboration. The organization may have fewer strict rules and procedures, and there is often a focus on fostering a friendly and comfortable work environment. This type of culture promotes creativity, innovation, and a sense of camaraderie among employees.

Learn more about hierarchical here:

https://brainly.com/question/30782169

#SPJ11

Answer:

True

Explanation:

The correct answer is - True

Reason -

Cost of goods sold is the inventory cost to the seller of the goods sold to customers. It Expense item with a normal debit balance.

The word expense is not written there but it is an expense item on the income statement as a reduction to Revenue.

The true statement about the interaction of demand and supply is that at prices below equilibrium, demand exceeds supply. This leads to a shortage, which means that consumers are unable to find enough of the product they want at the given price.

As a result, they are willing to pay more to obtain the product, which pushes prices upward towards the equilibrium level. However, if the price remains below equilibrium, suppliers may not be willing to produce more of the product due to low profitability. Government intervention is not always necessary to achieve market equilibrium, as the market can self-correct by adjusting prices until demand and supply are in balance.

At prices above equilibrium, suppliers produce less than consumers are willing to buy, leading to a surplus of products that pushes prices downward.

To know more about equilibrium visit:-

https://brainly.com/question/30581589

#SPJ11

Answer:

The answer is B. Hit-and-run business.

Explanation: