BUSINESS HIGH SCHOOL

The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.True
False

Answers

Answer 1
Answer: False. The revenues usually contemplate the profit added to the expenses or costs, therefore, they can't match.

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Find the payment necessary to amortize the loan. Round the answer to nearest cent. $12,000; 12% compounded monthly; 48 monthly payments ..... O A. $316.23 O B. $316.01 O C. $1,446.27 O D. $310.98

Answers

Answer:

To find the payment necessary to amortize the loan, you can use the formula for calculating the monthly payment on a loan. For this loan amount of $12,000, an interest rate of 12% compounded monthly, and 48 monthly payments, the payment amount would be approximately $316.23. So, the correct answer is option A. $316.23.

Calculate a Salary plus Commission. A salary of $3,500 is paid plus a commission of 20% for sales over $10,000. Total sales were $25,000.

Answers

3,500+(25,000x0.2)=$8,500

What is a mortgage?

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A mortgage is a loan made by a bank or a specialized mortgage lender given to a buyer in order to purchase a house. A mortgage is a legal agreement between the bank and the buyer in which the bank lends money to the buyer to purchase the house, and the buyer agrees to pay back the money in full with an agreed upon interest rate.

Clark co-signs student loans for William to attend a public, four-year university. Which of the following statements is correct?Select the best answer from the choices provided.
William's loan is a private loan.
Clark will not be liable for the loan if William defaults.
Clark will not be liable for interest on the loan if William defaults.
William's loan is a subsidized loan.

Answers

I think the answer would be that William's loan is a subsideized loan.

Top management at Bachman Audio, a stereo equipment manufacturer, has been working with a consultant to implement ISO 9001. Together, they have been developing methods to meld manufacturing and other processes into efficient and effective systems. Thus, they have been addressing the principle of ISO 9001 known as the:_________

Answers

Answer:

system approach to management

Explanation:

Under the ISO 9001 The system approach to management, about all the processes of the organization are studied so that, all the processes which can be integrated are done so, and all the processes through which actions can be speed up are also taken care.

In this manner, the organization do not segregate into different departments and peoples, but considers to be a set of various processes, which are interconnected.

In the given instance also, the current target is to meld all the operations whether that of manufacturing or other activities.

Thus, it is referred to as:

System Approach To Management.

Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he or she expects the shoes to cover his or her feet and allow him or her to walk unobstructed. This is an example of what level in the consumer-value hierarchy? Basic product Core product Pure tangible product Potential benefit

Answers

The correct answer is this one: "basic product." Marketers must see themselves as benefit providers. For example, when a shopperpurchases new shoes, he or she expects the shoes to cover his or her feet and allow him or her towalk unobstructed. This is an example of what level in the consumer-value hierarchy: Basic product
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