List two recurring costs that most businesses have

Answers

Answer 1

Answer: Employee Wages, Overhead

Explanation:

Regardless of a business's operations, it must have some kind of employee wage payable for someone putting time into developing the business. Even if this person is the CEO exclusively.

Overhead is unavoidable as well, even if someone is running a business from their home, they're still using some kind of space to run their business and utilities such as electricity, rent, etc.


Related Questions

the potential money multiplier is equal to a. m1 divided by m2. b. the reserve ratio multiplied by the actual money multiplier. c. 1 divided by the reserve ratio. d. required reserves divided by excess reserves.

Answers

The potential money multiplier is equal to c. 1 divided by the reserve ratio.

In essence, the money multiplier informs economists of the potential size of the money supply as surplus reserves at banks rise. The equation is 1 divided by the reserve ratio, r.

It is, in essence, r's reciprocal. The potential increase in the money supply is represented by 1/r when r is the reserve ratio for all the banks in an economy. The money multiplier increases as the minimum required reserve amount decreases.

By how many times a loan will be "multiplied," when it is used in the economy and then re-deposited in other banks, is determined by the money multiplier.

The total amount of M1 money supply created in the banking system is then calculated by multiplying the money multiplier by the change in surplus reserves.

To know more about money multiplier:

https://brainly.com/question/14111463

#SPJ4

consider a 5-year bond with a 10% coupon that has a present yield to maturity of 8%. if interest rates remain constant, one year from now the price of this bond will be a. higher b. lower c. the same d. $1,000

Answers

Lower.

The value of the bond will decrease in value when yield to maturity is lower than the coupon rate.

The yield to maturity is the estimated periodic rate of return for a bond assuming that the investor holds the asset until its maturity date and reinvests the payments at the same rate.

The pasteboard rate is the periodic pay an investor can hope to get while holding a particular bond.

At the time it's bought, a bond's yield to maturity and its pasteboard rate are the same.

As financial circumstances change, investors may demand the bond enough much. As the cost of the bond changes, the yield to maturity of the bond will conversely change.

still bonds may be issued with variable rates attached to LIBOR, utmost bonds are issued with a fixed rate, causing the pasteboard rate and yield to frequently be unique.

to know more about assets click here:

https://brainly.com/question/11556132

#SPJ4

Identify each action by the fed as expanding the money supply, shrinking it, or neither.
a. The Fed sells Treasury bonds to investors. b. The Fed buys mortgage-backed securities. c. The Fed lends money to struggling banks. d. The Fed regulates banks to ensure stability.

Answers

The actions of the Fed that would expand money supply are:

The Fed buys mortgage-backed securities.

The Fed lends money to struggling banks.

The action of the Fed that would contract money supply is:

The Fed sells Treasury bonds to investors.

The action that would have no effect on money supply is:

The Fed regulates banks to ensure stability.

What affects money supply?

Policy actions taken by the Fed (the Central Bank of the United States) to increase money supply are known as monetary policies.

The policies that increase money supply are known as expansionary polices. Expansionary policies include buying bonds or securities to the bank and reduce interest rate.

The policies that decrease money supply are known as contractionary policies. Contractionary policies include selling bonds or securities to banks and increasing the interest rates.

To learn more about money supply, please check: https://brainly.com/question/25647998

#SPJ1

denly company has three products, a, b, and c. the following information is available: product a product b product c sales $60,000 $90,000 $24,000 variable costs 36,000 48,000 15,000 contribution margin 24,000 42,000 9,000 fixed costs: avoidable 9,000 18,000 6,000 unavoidable 6,000 9,000 5,400 operating income $ 9,000 $15,000 $ (2,400) assuming product c is discontinued and the space formerly used to produce product c is rented for $12,000 per year, operating income will:

Answers

Considering that product c is no longer produced and that the space where it was once manufactured, the operating income will be: Product C brings in $3,000 for business earnings.

That which is not operational income?

A company's income that comes from sources unrelated to its primary business operations is said to come from non-operating income. It may also include investment gains or losses, dividend income, gains or losses through currency exchange, and asset write-downs.

What is a satisfactory operating income?

A larger operating margin shows that the company's operations are generating enough revenue to cover all of the costs involved in keeping the business operational. An operating margin of more than 15% is seen as favorable for the majority of businesses.

To learn more about Operating Income here:

https://brainly.com/question/17166925

#SPJ4

The term​ ________ is best described as​ a stream of equal installments made at equal time intervals​.

Answers

The term​ Annuity is best described as​ a stream of equal installments made at equal time intervals​.

A succession of equal-sized payments made at regular periods make up an annuity. An annuity is a series of payments with consistent installments made at regular periods of time, such as months, quarters, or years. As a result, while a series of payments may constitute an annuity, not all series of payments are.

An annuity is a series of payments delivered at regular periods in the investment world. Regular savings account deposits, mortgage payments, insurance premiums, and pension payments are all examples of annuities. The periodicity of payment dates allows for the classification of annuities.

To know more about Annuity: https://brainly.com/question/25792915

#SPJ4

which of the following shifts the short-run aggregate supply curve right? question 4 options: (a) an increase in the expected price level, but not (b) an increase in the price level greater than expected. both (a) an increase in the price level greater than expected and (b) an increase in the expected price level. (a) a decrease in the price level less than expected and (b) an increase in the expected price level. (a) an increase in the price level greater than expected, but not (b) an increase in the expected price level.

Answers

A decrease in the expected price level shifts the short-run aggregate supply curve right.

What causes a right-hand shift in the aggregate supply curve over the short term?

In order to achieve a mix of lower inflation, more production, and reduced unemployment, the aggregate supply curve shifts to the right as productivity rises or the cost of essential inputs decreases.

What alters the aggregate supply line in the short term?

We move along the SRAS curve as the price level changes and enterprises increase output in response. However, the SRAS curve will be shifted by any adjustment that alters production at every potential price level. These kinds of occurrences are referred to as "shocks" since they are unanticipated.

To know more about aggregate supply curve, visit:

brainly.com/question/15858699

#SPJ4

The carrying value of bonds issued at a discount or at a premium will be different from their face amount at maturity.
a. true
b. false

Answers

A bond's carrying value exceeds its face value when it is sold at a premium.

Can we utilize this amount as cash?

With singular, uncountable nouns, we use "amount," and with plural nouns, we use "amounts." Under the bed, there is a lot of money. In his cold wallet, he has sizable cryptocurrency holdings. Since "money" is an idiomatic phrase in the examples above, we substitute "amount" instead.

What do the terms "amount" and "balance" mean?

The balance is the sum of money due (or due) on an account in banking and accounting. The term "balance" in bookkeeping refers to a difference between the total of debit and the total of credit entries made into an account over the course of a certain accounting statement.

To know more about amount visit:
https://brainly.com/question/22661325

#SPJ4

the amortization schedule for a bond issued at a discount has a carrying value that increases over time.a. trueb. false

Answers

It is true that the amortization schedule for a bond issued at a discount has a carrying value that increases over time.

What is an amortization schedule, exactly?

A loan's whole amortization period is listed in a document called an amortization schedule. The schedule divides the expenses into principle, interest, total interest, and the remaining balance of the loan. A complete summary of all payments and their due dates throughout the whole term of a loan is called an amortization schedule. It contains the entire loan sum, a set interest rate, and the length of the loan. The schedule outlines the primary debt, which is the total sum you borrowed initially, interest, which is the fee a lender or other lending institution charges, and the outstanding balance after each payment.

How Does Carrying Value Work?

Carrying value is a type of value measure in accounting where the worth of a firm or asset is determined by the numbers on the balance sheet of the relevant company. Carrying cost is computed as follows for tangible assets like equipment or computer hardware: (original cost - accumulated depreciation).

To know more about  amortization schedule visit

https://brainly.com/question/15357884

#SPJ4

An important difference between the situation faced by a profit-maximizing competitive price-searcher firm in the short run and the situation faced by that same firm in the long run is that in the short run: a. price may exceed marginal revenue, but in the long run, price will equal marginal revenue. b. price may exceed marginal cost, but in the long run, price will equal marginal cost. c. price may exceed average total cost, but in the long run, price will equal average total cost. d. there are many firms in the market, but in the long run, there are only a few firms in the market.

Answers

An important difference between the situation faced by a profit-maximizing price-searcher firm in the short run and the situation faced by that same firm, in the long run, is that in the short run: a. price may exceed marginal revenue, but in the long run, the price will equal marginal revenue.

Marginal revenue is the boom in revenue that results from the sale of one additional unit of output. at the same time as marginal sales can remain regular over a sure stage of output, it follows from the law of diminishing returns and could sooner or later sluggish down because the output level will increase.

To calculate the marginal revenue, an employer divides the change in its total revenue by the change of its overall output amount. Marginal revenue is equal to the selling rate of a single extra item that turned into offered. below is the marginal revenue formula: Marginal sales = exchange in revenue/exchange in amount. To calculate marginal revenue, you're taking the entire exchange in sales and then dividing that by way of the change in the range of units bought. The marginal revenue system is marginal revenue = alternate in total sales/trade-in output.

Learn more about marginal revenue here: https://brainly.com/question/25623677

#SPJ4

a firm needs to ship 7 high-end computers worth $5000 each across the country. the cost to ship all of them by air and then final delivery by truck is $1000 from a 3pl. the combined air/truck shipment will take 3 days. the firm uses an in-transit holding cost of 0.22 of product value annually. if we assume 365 days per year, what is the total shipping and transit inventory cost of the shipment? (please round your answer to the nearest whole number) numeric response

Answers

The total shipping and the transit inventory cost of shipment is $1100.

What is an inventory?

Inventory, often known as stock, refers to the goods and materials that a corporation keeps on hand with the aim to sell, produce, or use them. The basic goal of inventory management is to define the dimensions, configuration, and location of stocked goods. By widely defining work in process (or work in progress) as "any work which is or has occurred prior to the completion of production," the term inventory has been extended beyond manufacturing systems to service businesses and projects. The term "inventory" in the context of a manufacturing production system refers to everyone completed work, including raw materials, products that have partially finished, finished items that have yet to be sold, and finished goods which have left the manufacturing system.

Total cost=$5000*0.22=$1100

To learn more about inventory, visit:

https://brainly.com/question/15118949

#SPJ4

What is credit answer?

Answers

Credit is an agreement between a borrower and a lender in which the borrower receives something of value, such as money, goods, or services, in exchange for a promise to repay the lender at a later date, typically with interest.

For example , a person might take out a loan from a bank to purchase a car, agreeing to pay the loan back over a period of time with interest.

The term "credit" can also refer to someone or something's creditworthiness or credit history.

It frequently refers to a bookkeeping item that lowers assets or raises liabilities and equity on a company's balance sheet, according to accountants.

To know more about credit here

https://brainly.com/question/24184755

#SPJ4

which of the following has been of greatest concern of employees with the investment management firms of their 401(k)? a. investment manager taking on much more risk than stated in the prospectus b. investment manager not getting a steady return on the aggressive growth choice c. high management fees eating up much of the returns over the years d. large employers raiding the pension fund

Answers

Investment manager not getting a steady return on the aggressive growth choice.

Are funds that invest in aggressive growth a wise choice?

For investors ready to take on a little bit more risk, aggressive growth funds are recognized in the market as providing above average returns. By investing more heavily in companies they assess as having strong growth prospects, they are likely to beat traditional growth funds.

Which investing principle comes first?

The real estate investing 1% rule compares the cost of the investment property to the projected gross income. The monthly rent of a prospective investment must be equal to or greater than 1% of the acquisition price in order for it to pass the 1% rule.

To learn more about Aggressive Investment here:

https://brainly.com/question/1527918

#SPJ4

Many locations that are engaged in primary sector activities lack what other quality in their economic profile?

Answers

Many locations that are engaged in primary sector activities lack   they dont have enough jobs.

Any industry engaged in the extraction and production of raw materials, such as agriculture, logging, fishing, forestry, and mining, is considered to be a part of the primary sector of the economy. In emerging nations compared to developed nations, the primary sector typically makes up a bigger share of the GDP. For instance, in sub-Saharan Africa, agriculture, forestry, and fisheries contributed more than 15% of GDP in 2018, compared to less than 1% in North America. Compared to lower-tech methods[a] in poorer countries, the primary sector has become more technologically advanced in industrialized countries, enabling, for instance, the mechanisation of farming.

Learn more about primary sector from

brainly.com/question/28882940

#SPJ4

question 7 scenario 2 continued consider and respond to the following question. select all that apply. our data analytics team often uses external data. where can you access useful external data?

Answers

Assuming our data analytics team often uses external data, a location in which you can access useful external data include the following;

B. A public database.

D. An open-data website.

What is data?

In Computer technology, data can be defined as any representation of factual instructions or information in a formalized and structured manner, especially as a series of binary digits (bits), symbols, characters, quantities, or strings that are used on computer systems in a company.

What are the types of data?

In database management system (DBMS), there are two (2) major types of data and these include the following;

Internal data.External data.

Generally speaking, external data can be defined as an information that originates and generated outside a business organization (company or firm) and it is readily available and accessible to the general public such as a public database or an open-data website.

Read more on data here: brainly.com/question/26207955

#SPJ1

Complete Question:

Consider and respond to the following question. select all that apply. Our data analytics team often uses external data. Where can you access useful external data?

Sewati Financial Services database in the cloud.

A public database.

Sewati Financial Services website.

An open-data website.

What is the problem in transition economies?

Answers

The problem in transition economies is excessive use of specialized terms is one of the main the difficulties in translating economic texts.

The transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions.

The  transition economies suffered from a lack of entrepreneurs and entrepreneurship, which make it more difficult to reform their economies and promote market capitalism.

In addition, there was also a skill gap with few workers having the necessary skills required by employers in the newly privatised firms.

To know more about transition economies here,

https://brainly.com/question/2861587

#SPJ4

If diamond, a corporate recruiter, wants to selectively recruit passive job candidates, she should utilize the linkedin social media network.
a. True
b. False

Answers

False
I think I just need points

bert is a manager for a small firm that was recently acquired by a larger company. in recent performance evaluations, employees from his previous firm were given higher ratings than employees from the new firm. which leadership theory best explains why this occurred?

Answers

Leader-member exchange theory  best explains why this occurred.

The brain science of leadership and manners by which leaders can be best has generally been a subject of impressive interest, yet has drawn in even more prominent consideration throughout the course of recent many years. How leaders incorporate humor into their associations is a significant region of this examination since it frequently assumes a key part in how leaders speak with their representatives.

Leader-part exchange (LMX) theory recommends that leaders and followers foster novel connections in view of their social exchanges, and the nature of these exchanges inside an association can impact worker results (Graen and Uhl-Bien, 1995; Liden et al., 1997). Humor can be a contributing variable during such exchanges, and the recurrence (Hughes and Avey, 2009) and kind of humor (Wisse and Rietzschel, 2014) that leaders show can shape followers' view of their leader.

to know more about incorporate click here:

https://brainly.com/question/13181804

#SPJ4

What are the 5 categories of spending?

Answers

Mandatory/entitlement spending, Discretionary spending, National defense spending, Interest on government debt, State and local government spending are the 5 categories of spending.

Every Workday Procurement transaction must contain a spend category as a necessary component. Spend categories are a combination of commodity codes from the Legacy system, which specify the kind of thing or service being purchased, and object codes. Some workday spending categories may be considered trackable while others are not. Except for firearms, livestock/animals, and bulletproof vests, which are tracked at any value and marked as an LSU asset, products having a total acquisition cost of $1,000 or more should be included in a tracked spend category.

Building a comprehensive picture of the overall cost on commodities across the LSU system is the aim of the procurement spend categories. Accurate reporting on commodity expenditures increase the possibility of larger discounts and new contracts, which is advantageous for the spend category university. Initial reports have shown that some end users are choosing the spend category based on hierarchy of spend categories and/or the project they are utilizing the items for rather than the individual item within the hierarchy.

Learn more about spend category here

brainly.com/question/14895846

#SPJ4

a company requires 1800000 in sales to meet its net income target its contribution margin is 50% and fixed costs are 3000000 what is the company's target net income

Answers

The company's target net income is $60,000.

Sales to meet its net income target = (Fixed costs + Target Net Income (x)) / Contribution Margin Ratio

$1,80,0000 = ($300,000 + x) / .50;

$1,80,0000 ×2 = ($300,000 + x)

$3,60,000 = $300,000 + x

x = $60,000

x = $60,000(Sales to meet its net income target = (Fixed costs + Target Net Income (x)) / Contribution Margin Ratio) is $60,000

Contribution is the range of profits final in the end direct costs had been subtracted from sales. This the rest is the quantity available to pay for any constant charges that an enterprise incurs in the course of a reporting duration. Any excess contribution over fixed prices equals the profit earned.

it's far an accounting term that allows enterprise proprietors and executives to music product profitability. The contribution margin is essential to recognize as it indicates how a whole lot of a product's revenue is to be had to cover constant costs and make a contribution to the company's earnings. The difference, therefore, between contribution and earnings is that contribution shows the distinction between the income fee and variable costs for unique products. This then contributes to the constant charges and is going towards the profit of the business.

To learn more about Contribution visit here:

brainly.com/question/14388157

#SPJ4

what does it cost per year (at 9 cents per kwh) for ten 150w recessed luminaires to operate if they are turned on for six hours per day?

Answers

The cost per year (at 9 cents per kwh) for ten 150w recessed luminaires to operate if they are turned on for six hours per day would be $150.

What is the cost?

Cost is the expenditure required to create  and sell products and services, or to acquire assets. When sold or consumed, a cost is charged to expense.

The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.

A cost may also be designated as a variable cost (the telephone cost tends to be vary with the number of employees) or as a fixed cost (lease of a building).

Learn  more about cost here:

https://brainly.com/question/28499890

#SPJ1

the deadweight loss that arises from a monopoly is a consequence of the fact that the monopoly a. quantity is lower than the socially-optimal quantity. b. price is the same as average revenue. c. price equals marginal revenue. d. earns positive profits. 1 points save answer

Answers

A monopoly's deadweight loss results from the fact that the a. quantity is less than the number that would be best for society.

Deadweight loss is the societal benefit that is forfeited when a monopolist operates at its output/price configuration that maximizes profit. By producing less output and charging more for it than a competitive market would, monopolies incur a deadweight loss.

The loss of overall welfare or the social surplus as a result of factors such as taxes or subsidies, price ceilings or floors, externalities, and monopoly pricing is known as "deadweight loss."

Monopoly pricing results in a deadweight cost for the company since it forgoes consumer exchanges. The potential advantages that were not realized by the manufacturer or the customer are known as a deadweight loss.

Learn more about a deadweight loss here:

https://brainly.com/question/13719669

#SPJ4

during most of the 1900s, the de beers group of south africa was viewed as a monopoly because it controlled a large percentage of diamond production and sales.

Answers

Because de-Beers controlled a significant portion of diamond production and sales, the de Beers organization of South Africa was perceived as a monopoly.

What is De Beers?

An international firm called De-Beers Group is focused on the mining, exploitation, retail, trading, and production of industrial diamonds. The company engages in large-scale, open-pit soil and coastal mining. Mining is done in Botswana, Namibia, South Africa, Canada, and Australia, among the 35 nations where it works.

Further it renowned as one of the major manufacturer & seller of diamonds which restricts competitors from producing the diamonds often referred to a monopoly.

A monopoly has the authority to determine prices and restricts competitors' access to the market. A single seller who has total control over an item or service constitutes a monopoly in a market structure.

Thus De-Beers can be consider as monopoly.

To know more about De Beers refer:

https://brainly.com/question/28288005

#SPJ1

how would the selling price of hte bond be determined specificy how all items related to teh bonds would be presented in a balance sheet prepared immediately after the bond issue was sold

Answers

By applying a discount rate to the predicted cash flows, one may calculate the price of a bond. The time to maturity, credit quality, and supply and demand are the three main factors that affect the price of bonds on the open market.

The balance sheet's liabilities section contains the "Bonds Payable" line item. Bonds payable are seen as liabilities since they are financial instruments that foresee future cash outflows, such as interest costs and principal repayment. Bonds payable is a liability account that holds the sum that the issuer owes bondholders. Since bonds often mature over a longer period of time than a year, this account is typically seen in the long-term liabilities area of the balance sheet.  plus the discounted value of the interest payments due every two years. 

Learn more about bond from

brainly.com/question/25965295

#SPJ4

Sam has decided to implement an od effort in his division to change the​ attitudes, stereotypes, and perceptions that several of the units have of each other. he wants to focus the training on the differences among the units. what type of od effort is sam​ implementing?

Answers

The same intergroup development effort is being used.

Which are the three major variables that influence perception?

A wide range of factors might have an affect on how the perception is felt. Experience, emotional experience, and motivational state make up the three key factors. All of these factors, but especially motivation and emotion, have a big impact on how someone sees a situation.

What three components make into perception?

The three stages of perception are sensory selection and stimulation, organization, and interpretation. These phases affect how we form perceptions of the world surrounding us even though we seldom ever are aware of them in detail.

To know more  about perceptions visit:

https://brainly.com/question/14275290

#SPJ4

a video store rents out three classes of movie dvd's - classics, run of the mill and new releases. whenever a new dvd is purchased, it is classified strictly into one of these three categories and nothing else. if this is maintained, the three categories make up a well-defined set of:

Answers

The three categories make up a well-defined set of equivalence classes.

The subset of S that contains all components that are equivalent to one another is referred to as an equivalence class. The term "equivalent" depends on a certain relationship known as an equivalence relation. Any two elements are deemed equivalent if they have an equivalence relation.

A subset of the type x in X:xRa, where an is an element of X and the notation "xRy" denotes an equivalence relation between x and y, is referred to as an equivalence class. The collection of equivalence classes constitutes a partition of X because it can be demonstrated that any two equivalence classes are either equal or disjoint. If a and b are members of the same equivalence class, then we have aRb for all a,b in X.

To learn more about class refer here:

https://brainly.com/question/29022333

#SPJ4

the process of giving all employees in the organization, regardless of their level of management, the authority to make decisions and to be responsible for their outcomes is known as:

Answers

Leadership is the practice of granting all employees in the company, regardless of their level of management, the power to make decisions and be accountable for their results.

The ability of a person, group, or organization to "lead," influence, or direct other people, groups, or entire organisations is referred to as leadership, both as a field of study and as a practical talent. The term "leadership" is frequently seen as a contentious one. Expert literature debates many points of view on the subject, occasionally contrasting Eastern and Western theories of leadership as well as North American and European theories. Leadership is "a process of social influence in which a person can enlist the aid and support of others in the fulfilment of a common and ethical purpose," according to academic contexts in the United States. In essence, leadership may be described as a powerful relationship in which the influence of one person encourages others to move or change Several people have questioned the more conventional managing.

Learn more about . Leadership from

brainly.com/question/1232764

#SPJ4

a shift to which curve would result in a short run equilibrium of 9 trillion krone and a higher price level?

Answers

We want the prices to exceed $100 and the short-term equilibrium to be 9 trillion. Only when the aggregate demand curve changes from AD2 to AD3 can this happen.

Kurt Wimmer's 2002 dystopian science fiction film Equilibrium with Christian Bale, Emily Watson, and Taye Diggs is an American production. In a future where sentiments and creative expression are forbidden and people are forced to regularly inject themselves with potent psychotropic substances to stifle their emotions, the movie follows enforcement officer John Preston. Preston experiences feelings after unintentionally missing a dose, which causes him to reflect on his morality and restrict his behaviour while hoping to avoid being discovered by the watchful society he lives in. In the end, he uses highly developed martial arts that he learned from the government he is seeking to destroy to support a resistance movement.

Learn more about equilibrium from

brainly.com/question/517289

#SPJ4

in the years preceding the great recession, there were three types of accommodative home loans programs for borrowers unable to qualify for standard home loans. the type that showed the least evidence of failure was:

Answers

The overall economy is strengthening, employment is expanding quickly, and housing and space are in higher demand. The people will begin to rebuild faith in the economy throughout the expansion phase.

The house that was bought with the money from the mortgage frequently serves as the collateral for loans. In order to recoup its losses on the loan, the lender may seize the goods or home specified as collateral if the borrower fails to make loan payments.

A sort of readvanceable mortgage is a collateral mortgage, which allows you to borrow additional money as you pay down your loan or if the value of your home increases. Your home equity will be used as security by your lender against your line of credit in order to accomplish this.

To know more about collateral mortgage, refer:

https://brainly.com/question/27962303

#SPJ4

the unearned revenue is the amount of cash received for services to be rendered in january 2017. interest payable will be paid on february 5, 2017. what are the total long-term liabilities shown on the balance sheet? $5,000 $21,000 $1,300 $5,400

Answers

Total long-term liabilities is option B - $21,000. The unearned revenue is the amount of cash received for services to be rendered .

Unearned revenue is money a person or business gets for a service or product that hasn't been delivered or provided yet. It can be described as a "prepayment" for goods or services that a person or business promises to provide to a customer in the future. The seller is responsible for the full amount of the revenue earned until the product or service is delivered as a result of this prepayment. This obligation is noted under current liabilities, as being settled in no less than a year is normal. The initial entry is a debit to the cash account and a credit to the unearned revenue account because unearned revenue is a liability for the recipient of the payment. The balance in the unearned revenue account is debited as a company earns revenue, while the balance in the revenue account is credit. On the balance sheet, the unearned revenue account is typically listed as a current liability.

Revenues and profits would initially be overstated and then understated for the additional periods during which they should have been recognized if a company did not deal with unearned revenue in this manner and instead recognized it all at once. Since revenues are recognized immediately while related expenses are not until later periods, this also breaks the matching principle.

To know more about Unearned Revenue visit

brainly.com/question/28494500

#SPJ4

a performance-rating error in which the appraiser tends to give employees either unusually high or unusually low ratings is referred to as a: a. recency error b. error of central tendency c. leniency or strictness error d. halo error

Answers

A performance-rating error in which the appraiser tends to give employees either unusually high or unusually low ratings is referred to as leniency or strictness error.

Rating Errors: Rating errors are defined as positive or negative variances in performance appraisal ratings that impair the accuracy of the appraisal.

Here are some of the most typical Rating errors:

i) First Impression Error: This mistake happens when a management makes an initial judgment about an employee that they then use to make subsequent judgments about that person. The primary or primacy effect is another name for it.

ii) The Halo Effect: It happens when a rater places an excessive amount of weight on one performance aspect while assigning the same ratings to all other performance factors.

iii) Strictness or Leniency: Different managers give the same ratings to their employees, either low or high. These are referred to as strictness or leniency mistakes.

iv) Central Tendency Bias: Some managers take the safe route by ranking all of the staff on a scale of one to five. It could be done with the intention of avoiding the requirement for accurate scoring across two ends.

v) Recency Bias: Recent behavior often outperforms overall performance. Most people have a limited memory.

vi) Stereotyping: Stereotyping is the process of forming an unfounded generalization about a group's members' traits. The ability of a manager to make wise decisions is hampered by this.

vii) Contrast Effect: According to the contrast effect, comparing the highest or lowest value will exaggerate the difference.

Learn more about Rating errors, here

https://brainly.com/question/29417975

#SPJ4

Other Questions
hamsterville has a progressive income tax and a social insurance program that provides unemployed workers with a basic income while they are searching for jobs. what impact will this progressive tax system have on real gdp? choose 1 answer: choose 1 answer: (choice a) a increase real gdp during the expansion phase; decrease real gdp during the recession phase (choice b) b decrease real gdp during all phases of the business cycle (choice c) c decrease real gdp during the expansion phase; increase real gdp during the recession phase (choice d) d we cannot tell the impact taxes will have on real gdp (choice e) e increase real gdp during every phase of the business cycle alfred adler developed his theory of inferiority vs. superiority around the utilization of this defense mechanism to relieve anxiety. true or false? BRAINLIEST AND 100 POINTS IS WHAT ITS SET ATRead the story "The Cake" from The Pig Brother and Other Fables and Stories by Laura E. RichardsOnce a Cake would go seek his fortune in the world, and he took his leave of the Pan he was baked in."I know my destiny," said the Cake. "I must be eaten, since to that end I was made, but I am a good cake if I say it who should not, and I would fain choose the persons I am to benefit.""I don't see what difference it makes to you!" said the Pan."But imagination is hardly your strong point!" said the Cake."Huh!" said the Pan.The Cake went on his way, and soon he passed by a cottage door where sat a woman spinning, and her ten children playing about her."Oh!" said the woman, "what a beautiful cake!" and she put out her hand to take him."Be so good as to wait a moment!" said the Cake. "Will you kindly tell me what you would do with me if I should yield myself up to you?""I shall break you into ten pieces," said the woman, "and give one to each of my ten children. So you will give ten pleasures, and that is a good thing.""Oh, that would be very nice, I am sure," said the Cake; "but if you will excuse me for mentioning it, your children seem rather dirty, especially their hands, and I confess I should like to keep my frosting unsullied, so I think I will go a little further.""As you will!" said the woman. "After all, the brown loaf is better for the children."So the Cake went further, and met a fair child, richly dressed, with coral lips and eyes like sunlit water. When the child saw the Cake, he said like the woman, "Oh, what a beautiful Cake!" and put out his hand to take it."I am sure I should be most happy!" said the Cake. "And you will not take it amiss, I am confident if I ask with whom you will share me.""I shall not share you with anyone!" said the child. "I shall eat you myself, every crumb. What do you take me for?""Good gracious!" cried the Cake. "This will never do. Consider my size,and yours! You would be very ill!""I don't care!" said the child. "I'd rather be ill than give any away." And he fixed greedy eyes on the Cake and stretched forth his hand again."This is really terrible!" cried the Cake. "What is one's frosting to this? I will go back to the woman with the ten children."He turned and ran back, leaving the child screaming with rage and disappointed greed. But as he ran, a hungry Puppy met him, and swallowed him at a gulp, and went on licking his chops and wagging his tail."Huh!" said the Pan.In a paragraph of 57 sentences, respond to the following questions:What is the theme of this story?Is it stated or implied?How did the theme develop over the course of the story?Use complete sentences, your best writing skills, and details from the passage to support your response. which is not true when it comes to the topic of targeting the right audience? placing ads on appropriate websites and apps is critical to effective online advertising How many calories do you burn in 45 minutes of water aerobics? What effect did the Peloponnesian War have on the Athenian Empire? Sally has 2 cats and each cat eats 1/4 of a tin of cat food each day.Sally buys 7 tins of cat food.For how many days will the cat food feed her 2 cats?You must show your working.days=? How has Shinto influenced the cultures who follow its teachings? PLS HELP NOWWWW suppose the federal reserve increases the amount of reserves by $100 million and the total money supply increases by $500 million. instructions: enter your answers as a whole number. a. what is the money multiplier? b. using the money multiplier from part a, how much will the money supply change if the federal reserve increases reserves by $50 million? $ million according to the phillips curve, policymakers can reduce both inflation and unemployment by increasing the money supply. a. true b. false Which of A-F is not correctly matched?A.More likely to cause GI tract upset than any other microbe: virus, e.g., rotavirusB.Spirochete-causing STD: Treponema pallidumC.Intracellular foodborne pathogen that can cause meningitis: Listeria monocytogenesD.Gram-negative vectorborne pathogen that is at its most contagious if it enters the lungs: Yersinia pestisE.This Gram + bacterium causes GI problems without being in your gut: Staphylococcus aureusF.An intracellular pathogen; disease outbreaks associated with contaminated water used for commercial AC ventilation systems: Legionella true or false? the professor uses the phrases the law of ideas and intellectual property law interchangeably. __________ is a highly conserved nucleotide sequence that has been found in developmental regulatory genes in many diverse organisms. A garden table and a bench coat $788 combined. The garden table cost $62 less than the bench. What is the cost of the bench? What does buying goods on credit means? Why does the trend for atomic radius decrease across a period? BRAINLIEST please help me! this is do very soon! A few risks that do NOT arise when we connect to the Internet areA. virusesB. farmingC. spamD. stolen PII or credit card dataPls help i appreciate it In a certain signal transduction pathway, the binding of an extracellular molecule to a cell-surface protein results in a rapid increase in the concentration of cyclic AMP inside the cell. The cyclic AMP binds to and activates cytosolic enzymes that then activate other enzymes in the cell. Which of the following statements best describes the role of cyclic AMP in this pathway? aquifers are underground sources of clean water that stretch over thousands of square miles. people who own land over the aquifer are free to take as much as they want. because there is no private cost associated with using the water, the water supply in the aquifer is likely to:______, which is_____outcome.