On a bank reconciliation, checks issued during the period that were not presented to the bank for payment before the bank statement was prepared are known as

Answers

Answer 1

Answer: They are known as Outstanding cheques and must be recorded in the B.R.S.Bank Reconciliation Statement..they should be recorded on the debit side

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If a disabled worker is eligible for a Social Security disability benefits, his or her spouse and children may each also be eligible for a benefit in the amount of ____% of the disabled worker's benefit.

The first and most important step in the posting procedure isA. posting the amount.
B. posting the date.
C. posting the explanation.
D. recording the posting reference information.

Answers

The answer is B. Posting the date.
Here's the sequence of posting procedures.
First, Posting the date.
Second, posting the amount of the transactions.
Third,posting the page number of the journal in the Post. Ref. column of the ledger account.
And lastly, recording the posting ref. information

What is the food service term for the amount of money remaining from a sale after subtracting the sold itemâ s cost from its selling price? Check average Food cost percentage Contribution margin Cost of food sold

Answers

Answer:

Contributing margin.

Explanation:

Contributing margin is calculated by deducting the cost of producing a food item from its selling price. This represents the portuin of sales revenue that is not used up by cost.

It shows the profit a business eventually makes after considering its costs incurred.

This is an important consideration for businesses because it shows if a business venture is profitable and worth continuing. When the contributing margin is negative, it means that the business is running at a loss.

True or False A firm in a competitive market can change the market price by changing its own production level.

Answers

Answer:

false

Explanation:

False, in a competitive market firms are price takers, production decisions by an individual firm will not affect the market price.

Final answer:

False, An individual firm in a competitive market cannot change the market price by altering its own production level. This is because in a competitive market, firms are price takers and their individual production does not significantly sway the market supply.

Explanation:

The statement 'A firm in a competitive market can change the market price by changing its own production level' is False. In a highly competitive market, individual firms are price takers, meaning they have no control over the market price. Changes in their own production levels do not affect the market price because such changes are relatively small compared to the total market supply. For instance, even if one firm decides to drastically cut production, the market price won't change significantly because there are many other firms in the market capable of filling the supply gap.

Learn more about Competitive Market here:

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An insect that is resistant to currently used pesticides has infested the cotton crop, and this year's crop is only half of what was produced last year. You accurately predict that this willA. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the demand for cotton will fall
B. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.
C. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.
D. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the demand for cotton will fall.

Answers

Answer:

c.) will shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease

Explanation:

As due to insect , the cotton crop growth decreases due to which supply of cotton crop in market will also decreases and move to the left thud the price of cotton crop will increase in market and because of high prices demand for cotton crops will also decreases and equilibrium will restore.

What is $5.30 reduced by 10%

Answers

to get this answer you can simply move the decimal over one.

Or you can multiple 5.30 *0.10 = 0.53

So you can then subtract 0.53 from 5.30 to get the answer of:

$4.77

the answer is $4.77 your welcome

Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have risen at an annual rate of 10 percent during the last six months. Which of the following policies would be most appropriate under these circumstances?A reduction in taxes.An increase in taxes.An increase in both government spending and taxes.An increase in government spending.

Answers

Answer:

An increase in taxes.

Explanation:

A rise in the prices is indications that the inflation rate is high. Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.

Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand. A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.

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Jane is 22 years old. for her job, she needs to take an intelligence test. which would be the most appropriate test for her age group? (1 point)

The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principle idea of?

McGuire company acquired 90 percent of Hogan Company on January 1, 2010, for $234,000 cash. This amount is reflective of Hogan's total fair value. Hogan's stockholders' equity consisted of common stock of $160,000 and retained earnings of $80,000. An analysis of Hogan's net assets revealed the following:Book Value Fair Value Buildings (10-year life) $10,000 $8,000Equipment (4-year life) 14,000 18,000Land 5,000 12,000Any excess consideration transferred over fair value is attributable to an unamortized patent with a useful life of 5 years. In consolidation at December 31, 2011, what adjustment is necessary for Hogan's Equipment account?A) $1,800 increase B) No adjustment is necessary C) $2,000 increase D) $1,800 decrease E) $2,000 decrease

1. The two primary goals of the progressive movement, as a whole, were to a. restore business competition and stimulate entrepreneurship in new areas of the economy. b. protect farmers and create a more flexible monetary system. c. improve the quality of urban life and help immigrants adjust to American life. d. organize workers into class-conscious unions and develop consumer cooperatives. e. use the state to curb monopoly power and improve the lives of ordinary people.