When and how is the general ledger updated for transactions processed by the transaction cycle accounting sunystems in a software- based accounting information system jeg journal entries produced by the Expenditure cycle subsystem?
O None of the these
O The software can usually be configured to update the general ledger periodically through summary journal entries or in real-time through journal entries for each transaction as it is processed
O Only in real-time through journal entries recorded as transactions are processed
O Transaction cycle accounting subsystems do not produce journal entries or update the general ledger.
O Only periodically through summary journal entries that represent the results of transactions for the chosen period

Based on the given information and calculations, Steele receives a $2,000 compensation allowance per month and an annual cash drawing of $20,000.

To determine the allocation of remaining profits, we need to consider Steele's ownership interest and the additional compensation she receives. Steele's share of the remaining profits would be $22,400.

Ownership interest:

Steele has a 40 percent interest in the partnership.

Additional compensation allowance:

Steele is entitled to a $2,000 compensation allowance per month. To calculate her annual compensation, we multiply this monthly amount by 12:

$2,000 × 12 = $24,000

Annual cash drawing:

Steele receives an annual cash drawing of $20,000.

Allocation of remaining profits:

To calculate the remaining profits allocated among the partners, we subtract Steele's compensation and cash drawing from the total profits. The remaining amount is divided among the partners based on their ownership interests.

Let's assume the total profits for the year are $100,000. The allocation would be as follows:

Total profits: $100,000

Steele's compensation allowance: $24,000

Steele's cash drawing: $20,000

Remaining profits: $100,000 - ($24,000 + $20,000) = $56,000

Steele's share of remaining profits: 40% of $56,000 = $22,400

Based on the given information and calculations, Steele receives a $2,000 compensation allowance per month and an annual cash drawing of $20,000. After deducting her compensation and cash drawing from the total profits, the remaining profits are allocated among the partners according to their ownership interests. Steele's share of the remaining profits would be $22,400.

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If multiple teams are working on a single product, each of them should have a separate product backlog. false

Whilst more than one teams are running collectively, every group ought to keep a separate Product Backlog. merchandise have one Product Backlog, irrespective of how many groups are used. any other setup makes it hard for the development group to decide what it ought to paintings on.

when more than one teams paintings on the identical Product, the principle subject is reducing the dependencies among the groups. If a couple of teams paintings on the same Product, only one Product Backlog have to be used, and there might be a unmarried Product owner for all the teams.

If an business enterprise has more than one products, it's going to have multiple product backlogs. The best way to address multiple product backlogs is to assign one or extra groups to work solely on every product backlog (see the left side

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Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

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If the government imposes a price floor at $10, it would be non-binding if market demand is Demand A and binding if market demand is Demand B. Thus, option (c) is correct.

What is demand? :- The term “demand” is relying on people's needs and wants for a number of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.

According to the government charges a price floor at $10 is the market non-binding Demand A and the market demand is Demand B is to increase  A The problem with the credit market is that rich people will always get a loan irrespective of the quality of their project B it is easier for rich people to get loans because they are able to provide equity or collateral С Banks are described as "too big to fail when their large size makes them safe institutions.

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Answer:

Interest income

Explanation:

Answer:

goverment

Explanation:

they create the money from paper

In communities that foster and sustain a mixed workforce, people who operate in groups can interact with others who bring a wide variety of experiences, perspectives, and opinions.

Advantages of diversity contain increased creativity and less groupthink. Groupthink occurs when too many like-minded people degrade different ideas, about other possibilities and ideas as deliberate sabotage or influencing opinions. Equality is around identifying and removing the obstacles faced by people involved, or desiring to be interested in sport organisation. It is about changing the culture of sport to one that appreciates diversity and enables the full involvement of disadvantaged classes in every aspect of the sport.

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Answer:

price floor

Explanation:

due to new regulations, fast food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so

This is a type of progressive tax system where the tax rate increases with an increase in the income of the individual.

The answer is: Progressive tax system.

A progressive tax is one that sees its tax rate go up (or advance) as taxable income does. For people with low incomes, the tax rate is lower; for those with greater incomes, the tax rate is higher. Usually, this is done by setting up tax brackets that divide up taxpayers according to various income levels. Progressive taxation refers to tax rates that rise gradually from low to high, with the end effect that a taxpayer's average tax rate is lower than their marginal tax rate.

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Answer:

proper technology to keep the person connected

Explanation:

Working from home entails accessing the office remotely. The employee gets connected to the company's private network while at home.  A good internet connection is required for the employee to be connected to the office systems while at home.

Apart from connectivity, they may need a virtual private network application to access the company's private network. The employee's home computer will need configuration to access office applications. Proper technology is, therefore, required to keep an employee connected.

Answer:

C) proper technology to keep the person connected

Explanation:

The sovereign would create and uphold rules to preserve a peaceful community.

The "social contract theory," which justifies political ideas or agreements by referencing the agreement that would be reached amongst appropriately placed rational, free, and equal people, was first developed by Hobbes and is renowned for its early and thorough development.

To ensure a society of peace, the sovereign would enact and uphold laws. This would enable the pursuit of life, liberty, and property. The "social contract" is what Hobbes referred to as. According to Hobbes, the best form a sovereign might have was a monarchical government.

Being a liberal and, in particular, adhering to Hobbes' "self-assumption" principle—that there is "no Obligation on any Man which Aristech not from some Act of his Own"—is one of the reasons why one finds the social contract theory appealing.

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The change that indicates an improvement in a firm's asset management efficiency is an increase in the amount of sales per dollar of assets. This suggests that the company is using its assets more efficiently to generate revenue.

The change that indicates an improvement in a firm's asset management efficiency is an increase in the amount of sales per dollar of assets.
Here's why:
Asset management efficiency refers to how effectively a company utilizes its assets to generate sales and profits.

In other words, it measures how efficiently a company is able to turn its assets into revenue.
An increase in the amount of sales per dollar of assets suggests that the company is generating more revenue with the same amount of assets or fewer assets. This indicates that the company is using its assets more efficiently and effectively.
On the other hand, a decrease in the receivables turnover rate suggests that the company is taking longer to collect payments from its customers.

This indicates a potential issue with the company's ability to manage its accounts receivable and may suggest a decline in asset management efficiency.
Similarly, an increase in the average days in inventory suggests that the company is taking longer to sell its inventory. This indicates a potential issue with inventory management and may suggest a decline in asset management efficiency.
Lastly, a decrease in the inventory turnover rate suggests that the company is selling its inventory at a slower pace. This indicates a potential issue with inventory management and may also suggest a decline in asset management efficiency.
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Answer:

Theirs a chance that it will. But puncuation Im not sure

Explanation:

Answer:

Answer: False

Explanation:

Edge 2020

To determine the maximum annual lease payment that Pinder Ltd would be willing to pay, we need to compare the cost of purchasing the truck with the cost of leasing it.

First, let's calculate the annual depreciation expense for the truck. Since the truck is fully depreciated over 8 years using the straight-line method, we divide the initial cost of $180,000 by 8 years to get an annual depreciation expense of $22,500. Next, we calculate the before-tax cost of borrowing for Pinder Ltd. The before-tax cost of borrowing is given as 10% per annum.

Now, let's calculate the annual tax savings from the depreciation expense. Since Pinder Ltd has an effective tax rate of 30%, the annual tax savings can be calculated by multiplying the depreciation expense ($22,500) by the effective tax rate (30%). This gives us an annual tax savings of $6,750. To find the after-tax cost of borrowing, we multiply the before-tax cost of borrowing (10%) by (1 - effective tax rate (30%)). This gives us an after-tax cost of borrowing of 7%.

Now, we can calculate the cost of purchasing the truck over 8 years. We subtract the salvage value of the truck ($15,250) from the initial cost of the truck ($180,000) and add the present value of the annual tax savings (calculated using the after-tax cost of borrowing). This gives us the total cost of purchasing the truck over 8 years. Finally, we can calculate the maximum annual lease payment that Pinder Ltd would be willing to pay. We divide the total cost of purchasing the truck over 8 years by the present value annuity factor for 8 years at the after-tax cost of borrowing rate.

In conclusion, by comparing the cost of purchasing the truck with the cost of leasing it, we can determine the maximum annual lease payment that Pinder Ltd would be willing to pay.

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Answer:

none of the above

Explanation:

I think its none of the above because in free economy the businesses basically do whatever they want and government/state has little to no interference.

Answer:

they don't really differ, a contact list is justa digital adress book

Explanation:

address the challenges faced by PROTECTME in ensuring efficient temperature control and traceability throughout vaccines their supply chain, a recommended solution is the implementation

Industrial Internet of Things  system. This solution involves deploying temperature sensors, data loggers, and connected devices at key points in the supply chain, including production, storage, and transportation stages. These devices would collect real-time data on temperature conditions and transmit it to a centralized monitoring system. The monitoring system would utilize advanced analytics and machine learning algorithms to analyze the temperature data and identify any deviations from the desired range. In the event of a temperature deviation, automated alerts would be sent to relevant personnel, enabling them to take immediate corrective actions to prevent spoilage of vaccines. The investments required for implementing this solution would include:. This would enhance overall vaccine safety and public trust. Furthermore, the proposed IIoT solution can be extended and utilized for other purposes within the business. vaccines For instance, the real-time monitoring and analytics capabilities can be leveraged for predictive maintenance of equipment, optimizing energy consumption, and streamlining overall operations. By integrating additional sensors and data sources, PROTECTME can gain further insights into their manufacturing processes and drive continuous improvement initiatives.

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Answer: 4969 meters

Explanation: Here's what you do: 9,656 - 4,687 = 4969

Answer: 4969 meters

Explanation:

The statement which includes one real benefit from shopping with a credit card is:

A credit card is a payment card that is authorised by a financial institution which allows the owner of the card to make purchases based on his available card debit limit

There are various benefits to using a credit card which include:

Therefore, the correct answer is option A

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Walmart is raising starting salaries for its truck drivers to between $95,000 and $110,000 a year, up from an average starting salary of $87,000, according to a Walmart spokeswoman. This increase is happening because the trucking industry is facing challenges in recruiting drivers throughout the COVID-19 pandemic.

One of the reasons behind this decision is the significant growth experienced by Walmart and other large retailers during the pandemic. The demand for items such as household goods and building materials has increased, leading to a higher need for drivers to transport these products.

To summarize, Walmart's decision to raise starting salaries for truck drivers can be attributed to the ongoing challenges in recruiting drivers during the pandemic and the increased demand for goods due to the growth of large retailers like Walmart. This salary increase aims to attract more drivers and ensure that the company can continue to meet the increased demand for its products.

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1. The performance measures for 20x1 for the Fairmont Division are as follows:

a. Return on Investent (ROI) is 11.09%.

b. Residual Income is ($1,108,000).

A performance measure is a technique that measures outcomes or results, enabling management, lenders, and investors to gauge the effectiveness and efficiency of their investments.

A performance measure may be applied to the following resources:

Required minimum return = 16% before taxes

Ending productive assets = $23,100,000

Beginning productive assets = $22,000,000 ($23,100,000/1.05)

Average productive assets = $22,550,000 ($23,100,000 + $22,000,000)/2

Return on Investment = Income from operations before income taxes/Average productive assets x 100

= $2,500/$22,550 x 100

= 11.09%

Residual Income = Income before taxes - Cost of Capital or (Average productive assets x Minimum Required Returns)

= $2,500,000- ($22,550,000 x 16%)

= $2,500,000 - $3,608,000

= ($1,108,000)

Thus, while the Return on Investment (ROI) is 11.09%, the Residual Income is ($1,108,000).

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Assuming the owner has a policy with $60,000 coverage. The amount that  the owner collect for his loss is $30,000.

In order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.

And since house has a policy coverage of the amount of $60,000. Based on this  the minimum requirement is 75 percent  which mean that the policy will pay only 75 percent of the loss or $30,000.

Inconclusion  the amount that  the owner collect for his loss is $30,000.

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When doing a bank reconciliation, the correct procedure is to D. Subtract NSF checks from the company's balance.

As a result, the company would not get that money so this amount needs to be subtracted from the company account to show that the company never received this money.

In conclusion, option D is correct.

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Answer: Catalog sales

Explanation:

Based on the information given, the objective that should be selected when setting up this campaign is catalog sales.

Catalog sakes refers to the sales technique that is used by businesses whereby several items are grouped together together in the online store, and the consumers then buys directly online by using the information that were provided in the catalog.

This can be used to upsell to the consumers who have purchased products on its website.

Answer:

The correct statement will be "Not give Leo the money since Leo is not vested".

Explanation:

Leo requires 50,000 dollars. He reaches the urban environment instead of accepting a mortgage as well as demands for the amount owed including its gain that would accumulate to him following his brother's passing.

The remaining amount through Life insurance policies can only be compensated on Simon's death and nobody even, particularly Simon and his brother Leo, seems to have the authority to charge any compensation payout against that kind of policies especially given the fact that almost all the contributions have been compensated.

So the above is the right approach.

Answer:

working with apple and creating the mac

Explanation:

Communist ideology supports widespread universal social welfare.

Improvements in public health and education, provision of child care, provision of state-directed social services, and provision of social benefits will, theoretically, help to raise labor productivity and advance a society in its development.

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Answer:

d

Explanation:

The equation of any straight line, called a linear equation, can be written as: y = mx + b, where m is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the line crosses the y axis.

Answer:

Option B,  1 & 2

Explanation:

The complete question is-

The disadvantages of a system when it works in isolation are:

1. It becomes difficult to collect and analyse data needed for the functioning of any department.

2. It results in the loss of profits to the organisation that could have been better spent in decision making.

3. Business executive or decision-maker cannot take good decisions with the isolated data.

a.  1 & 3

b.  1 & 2

c.  2 & 3

d.  1

Solution -

An isolation system also has work control system, training and competence, operating procedures and management. This system can work adequately only when these arrangement work adequately and this not possible without integration with the entire system.  

It become difficult to collect isolated data, its assessment and making decision regarding the betterment of system.  

Hence, Option B is correct

The disadvantages of an ERP system when it works in isolation are:

Enterprise Resource Planning (ERP) System refers to a system used by businesses to manage its activities such as manufacturing, supply, services, and other such activities. ERP is a link that connects each and every aspect of an enterprise.

When an ERP system works in isolation, it is difficult for the departments to collect and analyze data and hence affects its functioning.

Also, the organization may face losses as the data required may not be readily available to a department and hence the decisions cannot be taken effectively.

Therefore the correct options are 1 and 2.

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Answer:

start-up is the correct answer.

Helps in improving the profitability of organisations; Increases the overall value of the firms or organisations; Provides economic stability; Encourages employees to save money, which helps them in personal financial planning.: