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Questions in business

[Done] To help you match a prospect's needs with the features of your property's units, you might use a(n): A. comparison grid. B. traffic report form. C. occupancy agreement. D. guest card.

[Done] An item is selling for $350 F.O.B. factory. The terms are 3/10, 2/30; freight $32. You will be paying within 10 days. Which of these can be used to find the total amount you must pay? A. $350-(350 \times 0.03)+32$ B. $350+(350 \times 0.03)+32$ C. $(350 \times 0.03)+32$ D. $350-(350 \times 0.03)

[Done] The revenue function of a business is $R(x)=50x$ where $x$ is the number of units sold. The expenditure function is $E(x)=40x+200$. a) Write the expression for the profit function. Let $P(x)$ be the profit function. b) If 100 items were sold, what is the profit?

[Done] True or False: Risk management can prevent all risks.

[Done] How many references should you have ready to list if an employer asks for them? A. 1-3 B. 3-5 C. 5-7 D. 7-9

[Done] 10. What is the purpose of balance day adjustments in accounting? a) To close financial statements b) To ensure accurate representation of business transactions c) To prepare tax returns d) To calculate profits 11. Which of the following is an example of a prepayment adjustment? a) Accrued salaries b) Depreciation expense c) Unearned revenue d) Bad debt expense 12. In the Columnar Format of a General Ledger, what does the "Balance" column represent? a) Net income b) Total debits c) Closing balance d) Beginning balance 13. What is the purpose of posting in accounting? a) To create financial statements b) To transfer entries from the journal to the ledger c) To calculate depreciation d) To record opening balances 14. How is an opening entry recorded in the General Ledger? a) "By Balance b/d" on the debit side b) "To Balance b/d" on the debit side c) "By Balance c/d" on the credit side d) "To Balance c/d" on the credit side 15. What does a credit balance in an account indicate? a) The account has more credits than debits b) The account has a surplus c) The account has more debits than credits d) The account has a deficit 16. When is a prepayment adjustment made in accounting? a) At the end of the accounting period b) At the beginning of the accounting period c) Throughout the accounting period d) Only in case of losses

[Done] Jolene does not know how best to approach her text, The Essential Guide to Becoming a Master Student. What should she do? A. She should read the text in whatever order she wishes; otherwise, it is like any other book. B. She should read the text in any order she wants, but she should apply its ideas in her own life. C. She should read the text in order, methodically applying each activity in her own life. D. She should begin by completing the journal entries, which are the backbone of the text.

[Done] The disadvantages of learning by doing include: A. doing can be without reflection B. it can be decontextualized C. it can be biased depending on the complainer of case study D. it can oversimplify reality

[Done] A company sells 100 units in June. Calculate the cost of goods sold using first-in, first-out. | | Units Received | Unit Cost | |---|---|---| | June 4 | 30 | $2.50 | | June 11 | 60 | $2.00 | | June 18 | 20 | $2.60 | | June 25 | 50 | $2.10 | $[?] per unit Round to the nearest cent.

[Done] Financial information related to the corporation of Ebony Interiors for February and March 20Y3 is as follows: | | February 28, 20Y3 | March 31, 20Y3 | | :---------------- | :------------------ | :--------------- | | Cash | $157,200 | $266,800 | | Accounts receivable | 89,100 | 102,400 | | Supplies | 7,900 | 6,500 | | Accounts payable | 40,300 | 43,500 | | Common stock | 130,000 | 130,000 | | Retained earnings | ? | ? | a. Prepare balance sheets for Ebony Interiors as of February 28, 20Y3. Ebony Interiors Balance Sheet February 28, 20Y3 | Line Item Description | Amount | | :-------------------- | :------ | | Cash | 157,200 | | Accounts receivable | 89,100 | | Supplies | |