your client failed to record a check paying an item in vouchers payable. would net income be overstated/understated?

An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)

Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.

Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business.  Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.

To learn more about interest, please check: https://brainly.com/question/14985150

#SPJ1

Answer: c. An employee working on a piece-rate basis

fashooo

Answer:

sheet music of a popular movie soundtrack

Answer:

nhd wdbbdbdbdhduwdhbdubdjkdn9uwdhdbddknd

Explanation:

A forecast always assumes that the past repeats itself to some extent, base demand moves in a positive direction, business cycles exist, and some forecasts are seasonal.

In forecasting, there are several assumptions that are typically made. These assumptions help in predicting future outcomes based on historical data and patterns. One of the key assumptions is that the past always repeats itself to some extent. This means that the trends and patterns observed in the past can be used to make predictions about the future.

Another assumption made by forecasts is that base demand always moves in a positive direction. This means that over time, the demand for a product or service will generally increase. This assumption is based on the idea that as economies grow and populations increase, there will be a greater need for goods and services.

Forecasts also assume that business cycles exist. Business cycles refer to the periodic fluctuations in economic activity, including periods of expansion and contraction. These cycles are a natural part of the economy, and forecasts take them into account when predicting future outcomes.

Finally, some forecasts are seasonal in nature. This means that they take into account regular patterns that occur at certain times of the year. For example, sales of winter clothing are typically higher in the winter months, while sales of summer clothing are higher in the summer months. By considering these seasonal patterns, forecasts can provide more accurate predictions.

About forecast here:

https://brainly.com/question/30167588

#SPJ11

The forecast always assumes that the past always repeats itself. A number of assumptions are frequently made during predicting.

Based on previous data and patterns, these hypotheses aid in the prediction of future results. The idea that history frequently repeats itself is one of the fundamental presumptions. In other words, forecasts regarding the future might be based on historical trends and patterns.

Forecasts also assume that base demand constantly advances in a favorable manner. Accordingly, demand for a good or service will often grow with time. This presumption is predicated on the notion that as people and economies develop, there will be a higher demand for products and services.

Learn more about forecasting here:

https://brainly.com/question/30167588

#SPJ4

Answer:

Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.

The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).

​Social

The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).

​Technological

The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).

The building block that will rely upon to ensure jobs are properly supervised is coordinating activities among the jobs.

A job is a deliberate activity carried out by individuals to support their own, others', or a larger community's needs and desires. Work can be understood in the perspective of economics as the human activity that contributes to the commodities and services that make up an economy, along with other factors of production. All communities depend on work, but the nature of that work varies greatly within each society and between them. For example, some societies rely on manual labor to gather natural resources, while others operate sophisticated machines that relieve many people of their physical or even mental labor. Other resources, specialized knowledge, and tools are also needed for all but the simplest jobs (such as material for manufacturing goods). History has seen a wide diversity of attitudes toward work represented by many cultures and individuals.

To learn more about job, visit:

https://brainly.com/question/17205577

#SPJ4

The amount due on the note is $8,282, considering the value of amount of purchase and conditions of promissory note.

Calculation:

Purchased amount = $8,200

Time period = 45 days

Rate of interest = 8%

Amount due on promissory note = $8,200*45/360*8/100= $8,282

An IOU, a loan contract, or just a note are other names for promissory notes. It is a formal signed agreement that specifies the borrower's pledges to make payments the lender a fixed amount within a specified period of time. This kind of contract provides a legal responsibility to pay back the loan and is legally binding in court.

Mortgages, student loan debt, car loans, company loans, and personal loans among friends and relatives all necessitate promissory notes. You might choose to use a promissory note form to draft a promissory note if you're about to loan someone (or a business) a sizable sum of money. 

Learn more about promissory note here:

https://brainly.com/question/13717659

#SPJ4

The value of the perpetuity is $480,000.

A perpetuity is a financial instrument that makes regular payments of a fixed amount indefinitely. In other words, it is an investment that generates a constant stream of income for an infinite period of time. The value of a perpetuity can be calculated using the formula PV = C/r, where PV is the present value of the perpetuity, C is the annual cash flow, and r is the discount rate. In this case, the value of the perpetuity with even annual cash flows of $24,000 and a discount rate of 5% can be calculated as follows: PV = C/r PV = $24,000/0.05 PV = $480,000. This means that if you invest $480,000 today at a 5% discount rate, you will receive an annual cash flow of $24,000 indefinitely. It is important to note that the value of the perpetuity is sensitive to changes in the discount rate. If the discount rate were to increase, the present value of the perpetuity would decrease, and vice versa.

For more such questions on perpetuity

https://brainly.com/question/30694115

#SPJ11

It is called (a.) Insufficient funds, when someone doesn't have enough money to cover a charge.

The terms with following points are as follows,

Learn more: brainly.com/question/4557688

The bureau of labor statistics publication that provides detailed and up-to-date information about the u.s. workforce is the Employment Situation Summary.

The Bureau of Labor Statistics (BLS) publishes a report every month called the Employment Situation Summary that contains detailed information on the American labor market. It contains information on earnings, job growth, employment, and unemployment.

The Current Population Survey (CPS), which polls households to establish the unemployment rate, and the Establishment Survey, which polls businesses to determine nonfarm payroll employment, number of hours worked, and wages, are the two surveys used as the basis for the report.

The BLS also creates a wide range of information about the American labour market, such as the Consumer Price Index, the Quarterly Census of Employment and Wages, and the Occupational Outlook Handbook.

To know more about The bureau of labor refer to:

brainly.com/question/9531165

#SPJ4

You will not tell Brie that the message contains unnecessary negative language that affects it (D).

When providing feedback to Brie about her message, you will mention the following points:

1. The style of the message should be much more formal (A). This means that the tone and language should be adjusted to reflect a professional manner.

2. The message is not organized in the direct approach (B). This means that the main idea should be presented first, followed by supporting details for better clarity.

3. The opening paragraph is too long (C). It is important to have a concise and engaging opening paragraph to capture the reader's attention.

4. The conclusion should be more specific to the topic of the message (E). This means that the conclusion should clearly summarize the main points and provide a clear call-to-action or next steps.

However, you will not mention that the message contains unnecessary negative language (D), as it is not relevant to the question's context.

To know more about direct approach click on below link:

https://brainly.com/question/20910870#

#SPJ11

The characteristic that describes a sole proprietorship makes a corporation sole proprietor. Option B. This is further explained below.

Generally, a sole proprietorship is simply defined as a kind of unincorporated firm in which the earnings are reported and taxed by the owner as a part of his or her personal income.

In conclusion, Individuals who hold single proprietorships are responsible for all financial obligations of the company.

When two or more individuals work together to run a company, they are said to be "in partnership."

Read more about sole proprietorship

https://brainly.com/question/1428023

#SPJ1

Answer: Stocks may be issued to generate income- Corporation

               There are 1 or more owners-Sole Proprietorship, General Partnership, Corporation                

               Liability is unlimited or can be unlimited-Sole Proprietorship, General Partnership.

Answer:

Participative Leadership style.

Explanation:

Participative leadership, also known as democratic leadership, is one in which the leader has the central focus of employee engagement and participation in important company decisions. In this style of leadership, the manager has a crucial role of being the main motivator and advisor of the team, being solicitous to guide, coordinate and assist his subordinates in all their work demands, so that the goals and organizational goals are achieved.

This style of participatory leadership would be more appropriate for this scenario as there are deadlines for completing tasks, which requires a motivated and productive team, which is essential in participatory leadership.

The motivation of employees is achieved due to clear and guiding communication from the leader, which creates the perception of inclusion and appreciation of the employee, who feels an essential and important part of the organization.

Answer:

Times New Roman also remains the default font for many word processing programs. When using Times New Roman in a business letter, set the size as 12-point in order for the document to be read most easily.

Also

If you can't decide between sizes, a 12-point font is usually the reliable choice because it's incredibly common in the business world.

Explanation:

Pricing is not determined by supply and demand forces in monopolistic competition. Companies set the prices for their distinctly different yet similarly priced items. The answer is option (c).

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition develops. A monopolistic competitive economy has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals.

Consider a market system where there are many businesses and free enterprise entrance and exit, but the goods these businesses produce are not uniform. A market structure like this is referred to as monopolistic competition.

To know more about monopolistic competition, visit:

https://brainly.com/question/30062639

#SPJ1

Answer: B

Explanation: Social Security retirement benefits are increased by a certain percentage for each month you delay starting your benefits beyond full retirement age.

Answer:

two major advantages of unions:

1. we get more items from different countries

2. Unions promote higher wages and better benefits

two major disadvantages:

1. Labor unions discourage individuality

2. Unions can drive up costs as well as making it harder to promote and terminate workers.

If there is an increase in consumption spending caused by consumer borrowing, the aggregate demand (AD) curve will shift to the right.

If there is an increase in consumption spending caused by consumer borrowing, the aggregate demand (AD) curve will shift to the right. This is because consumer borrowing allows individuals to increase their spending beyond their current income, leading to an increase in overall demand for goods and services in the economy. As a result, businesses will increase their production to meet the growing demand, leading to an increase in real GDP and prices. The shift in the AD curve will depend on the magnitude of the increase in consumption spending caused by borrowing. If the increase in borrowing is significant, it will lead to a large shift in the AD curve, indicating a substantial increase in demand for goods and services. On the other hand, if the increase in borrowing is small, the shift in the AD curve will be relatively minor, indicating a modest increase in demand. It is important to note that an increase in consumer borrowing can have both positive and negative effects on the economy. While it can stimulate economic growth by increasing demand, it can also lead to overconsumption and inflation if left unchecked. Therefore, it is crucial to strike a balance between borrowing and saving to ensure sustainable economic growth.

Learn more about consumer here

https://brainly.com/question/28422459

#SPJ11

Answer:16.52%

Explanation: casuse itis

Using the balance sheet equation, the company's liability is $32,000

The formula for balance sheet is:

Assets = Liabilities + Equity

Based on their ability to be converted into cash, assets are classified into:

Information given in the problem:

Assets:

cash $24,000

accounts receivable $30,000

equipment $50,000

Hence, total assets = $24,000 + $30,000 + $50,000 = $104,000

Equity: $72,000

Apply balance sheet formula:

Liabilities  = Assets -  Equity

                 =  $104,000 - $72,000 = $32,000

Read more about balance sheet here:

https://brainly.com/question/25225110

#SPJ4

You should record the information you need to prepare a reference list (E) as you research. Therefore, correct option is (E).

As you research. It is best to record the information you need to prepare a reference list as you conduct your research. This helps ensure that you have all the necessary information and saves time in the long run. Waiting until after your research is complete or until you start your second draft may result in missing important details or having to go back and gather information that was not previously recorded.

You should record the information you need to prepare a reference list (E) as you research. This allows you to keep track of your sources in an organized manner, making it easier to create the reference list when it is time to finalize your work.

To know more about Preparing a reference list.

visit:

https://brainly.com/question/7321858

#SPJ11

Salesperson earn if she sold $250 in goods is $21.25.

Who is salesperson?
An employee who sells a company's goods or services is known as a salesperson. Their primary duty is to convince customers to buy the products they are selling. They are also known as sales agents or salesmen. A sales position is practically a requirement for many different types of businesses. They play a crucial role in businesses because they are in charge of bringing in money, attracting new clients, and maintaining positive working relationships with current ones. In some cases, they may also be tasked with additional duties like ensuring that the merchandise is displayed properly, monitoring receivables, and gathering client referrals. Normally, this position is paid a fixed salary along with commissions and other benefits.

To learn more about salesperson
https://brainly.com/question/25586322
#SPJ4

In the marketing funnel, the implementation of rewards program is a strategy under the retention stage.

The retention stage is the part of the funnel where marketers focus on keeping customers interested in their product or service. This stage of the funnel focuses on building relationships and providing value to customers by offering rewards programs, loyalty programs, and other incentives.

Rewards programs are designed to incentivize customers to become repeat customers. This can involve providing discounts or other incentives when customers purchase products or services from a company.

Through a rewards program, customers are encouraged to stay loyal to a particular brand or product, which helps to increase the chances of them becoming a repeat customer.

Learn more about  marketing funnel here:

https://brainly.com/question/29921469

#SPJ11

Answer:

B) The popularity of imported American films

Explanation:

The expansion of the French Film industry in the middle of 1900s was caused by various factors, some of which are the following:

1. The development and growth of the largest motion picture firms

2. Film industry market was driven towards the wealthy audiences

3. There is more time for leisure for French citizens

Hence, in this case, the correct answer is option B, The popularity of imported American films, which is not a significant factor for the expansion of the French Film industry in the middle 1900s

Holstein Computing manufactures the Audio Max audio card for its microcomputers, with an annual demand of 100,000 units. The company needs to determine the appropriate inventory level to ensure smooth production and meet customer demand while minimizing carrying costs and stockouts.

To determine the optimal inventory level for the Audio Max audio card, Holstein Computing can use various inventory management techniques. One commonly used approach is the Economic Order Quantity (EOQ) model. The EOQ model calculates the ideal order quantity that minimizes the total cost of inventory, considering factors such as ordering costs and carrying costs. The EOQ formula considers the annual demand, ordering cost per order, and holding cost per unit to calculate the optimal order quantity and reorder point. By optimizing the order quantity, Holstein Computing can minimize the costs associated with holding excess inventory or facing stockouts.

In addition to EOQ, Holstein Computing may consider implementing other inventory management strategies such as safety stock, which acts as a buffer to account for uncertainties in demand and lead time. Safety stock helps mitigate the risk of stockouts and ensures a smoother production process. By carefully analyzing demand patterns, lead times, and costs, Holstein Computing can determine the appropriate inventory level for the Audio Max audio card. This will enable the company to efficiently manage its inventory, meet customer demand, and optimize its production and supply chain processes.

Learn more about production  here:

https://brainly.com/question/15521076

#SPJ11