Adam corporation uses the cash-basis of accounting. adam corporation should record expenses when:_____

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Answer 1

Adam corporation uses the cash-basis of accounting. Adam corporation should record expenses when paid. It is because Adam corporation continues to utilize the cash-basis accounting technique, which only records transactions if there are cash revenues or payments, this is the case.

Revenue is only recognized on the income statement under cash basis accounting when cash is received. Only when money is handed out in cash are expenses documented.. Small enterprises often employ the cash technique. The biggest advantage of the cash system is how straightforward it is—it only keeps track of cash that is delivered or received. The monitoring of a company's financial flow is also made easier.

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Related Questions

A surprising recommendation regarding organizational requirements for innovation is __________.

Answers

A surprising recommendation regarding organizational requirements for innovation is put technology ahead of strategy

What is innovation?

The term innovation refers to creating a new idea of accomplishing task. The new idea us usually beneficial to the people or organization that will use it. Innovation is a necessary skill to maintain operational excellence in an organization.

Managers should be innovative enough to lead their subordinates and inspire them towards being innovative too. As collective innovation will be beneficial to the organization. It is therefore recommended that organizations require innovation to put technology ahead of strategy.

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complete question

A surprising recommendation from the disruptive innovation cycle​ is:

A. put marketing ahead of strategy.

B. always put strategy first.

C. put technology ahead of strategy.

D. innovate once and forget it.

E. put marketing ahead of technology.

Ceo khosrowshahi believes that uber employees should act like owners and share power with managers. Which theorist would most strongly agree with this approach?.

Answers

Mary Parker Follett is the theorist, who would most strongly agree with this kind of approach.

Check more about power below.

What is power sharing?

The term Sharing power is known to be a term that connote the act or way that people tend to influence, learn from, and work with  people in a relationships or business settings.

Note that based on the case above, Mary Parker Follett is the theorist, who would most strongly agree with this kind of approach because of what it stands for.

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Each of the following is a determinant of demand except:__________
a. the number of consumers in the market.
b. technology.
c. expectations.
d. tastes.
e. the prices of related goods.

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Each of the following is a determinant of demand except Technology

Determinants Of Demand: The variables that affect the economic demand for a good or service are known as demand determinants.

7 Factors which Determine the Demand for Goods

1) Tastes and Preferences of the Consumers

2) Incomes of the People

3) Changes in the Prices of the Related Goods

4) The Number of Consumers in the Market

5) Changes in Propensity to Consume

6) Consumers' Expectations with regard to Future Prices

7) Income Distribution

Each of the following is a determinant of demand except Technology

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Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in:_____.

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Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in Street Name.

What is a margin account?

A specific type of brokerage account known as a "margin account" is one in which your broker-dealer loans you money to purchase securities (also known as "margin securities") by using online profile as collateral. With some broker-dealers, you might be able to maintain both a currency and a buffer portfolio concurrently.

Therefore,

Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in Street Name.
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What is another name for a back door that was accidentally left in a product by the manufacturer?

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A maintenance hook is another name for a back door that was accidentally left in a product by the manufacturer.

A manufacturer is someone or employer that produces finished goods from uncooked substances through the usage of diverse gear, equipment, and processes, and then sells the goods to purchasers, wholesalers, distributors, retailers, or to different manufacturers for the manufacturing of extra complicated goods.

A manufacturer is any business that produces completed items from raw substances. They promote those items to consumers, wholesalers, distributors, shops, and different manufacturers trying to create greater complicated gadgets. producers usually stick with one sort of product.

Definition of a manufacturer is a business or person that produces items. The enterprise that makes a selected brand of shoes is an example of the manufacturer of the sneakers

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Astore sold 14 more colored shirtsthan white shirts. the white shirtscost$9.95 and colors cost $10.50. if atotal of $310.60 weresold, how many of each type were sold?

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Chance theory is the branch of mathematics that deals with numerical representations of the probability that an event will happen or that a statement is true.

What is probability ?

The area of mathematics known as probability deals with numerical descriptions of how likely it is for an event to happen or for a claim to be true. The probability of an event is a number between 0 and 1, where, generally speaking, 0 indicates the event's impossibility and 1 indicates its certainty.

The likelihood of an event happening is gauged by probability. Many things are impossible to completely predict in advance. Using it, we can only forecast the probability, or likelihood, of an event occurring.

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The buying and selling of goods or services over computer networks is known as _______, whereas _______ involves using the internet to facilitate every aspect of running a busines

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The buying and selling of goods or services over computer networks is known as e-commerce , whereas e-business involves using the internet to facilitate every aspect of running a business.

Which of the following defines an organization?

An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union.

What is E-commerce?

E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.

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If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be:_________

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If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be one asset increases $1,600 and another asset decreases $1,600, causing no effect.

What is an accounting equation?

The relationship between a person's or company's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone. The sum of the debits and credits for each transaction is equal.

Stockholders' equity is referred to as capital in corporations. Since every business transaction impacts at least two accounts, the accounting equation will always be "in balance," which means the left and right sides of a company's balance sheet should always be equal.

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Stephanie has only one hour to study for an exam in math or to complete an assignment in economics. for stephanie, the opportunity cost of spending the hour completing the economics assignment is?

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Stephanie only has an hour to study for a math exam or complete an economics assignment. For Stephanie, the opportunity cost of spending an hour completing an economics assignment is a higher score on a math exam.

Opportunity cost is a difference of fifteen percentage points. In other words, if investors choose Company A, they are giving up the opportunity to make better profits in the stock market conditions. While some investors want the safest returns, others aim for the highest yields. These investors choose riskier options.

Although this cost is not an accounting concept, so it does not appear in an entity's financial records, it is important in the decision-making process. An indicator of good planning is the proper and detailed management of opportunity costs. Given the importance of calculations such as opportunity cost in a business, then you can take advantage of an accounting system.

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Assuming that reader direct generates net income of $3,000 and pays dividends of $2,000 in 2021, what would be the ending retained earnings balance at december 31, 2021?

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The ending retained earnings as at December 31, 2021 is $1,000.

What is the ending retained earnings?

Retained earnings is the cumulative portion of the profit of a company that is not distributed to shareholders as dividends. Retained earnings increase the value of a firm. Net income increases retained earnings. Losses and dividend payment reduces retained earnings.

Retained earnings can be used for working capital and capital expenditures or it can be used to pay off debt obligations of the company. Retained earnings is the link between the income statement and the balance sheet. Retained earnings is recorded in he shareholder's equity section.

If a company does not believe it can use its retained earnings efficiently to generate profits, the retained earnings should be distributed to shareholders as dividends.

Ending retained earnings is net income less dividends.

Ending retained earnings = net income - dividends

$3000 - $2000 = $1000

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Boeing and airbus both had to make difficult decisions to address ethical missteps. Airbus’ decision to dismiss over 100 employees due to ethics and compliance reasons is tied to which managerial role?.

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Airbus' decision to dismiss over 100 employees due to ethics and compliance reasons is tied to disturbance handler

What is Disturbance handler?

In this function, a manager frequently acts as a judge, issue solution, or conflict manager in addition to initiating their own activities as necessary. Such measures aim to prevent minor issues from growing into more significant ones. When employees cannot agree on who will perform a particularly unpleasant but important task, the management must resolve the conflict. She performed the disruption handler position by taking action to correct an employee's divergence from the plan.

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Depreciation is the accountant's estimate of the cost of ______ used up in the production process.

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Depreciation is the accountant's estimate of the cost of tangible asset used up in the production process.

What is the meaning of depreciation?

This is the term that has to do with the way that the value of an asset would start to reduce over a period of time. It is used to tell us that the useful life of the asset is on  decline due to the fact tat it has been in use for a considerable period of time.

Hence we can say that Depreciation is the accountant's estimate of the cost of tangible asset used up in the production process.

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Project managers should try to _____ the size of teams or subteams to avoid making communications too complex.

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Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.

How do project managers manage communication in the workplace?

Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.

6 effective methods for project team communication:

1. Gather frequently. Hold regular team meetings to discuss strategies.

2. Be welcoming.

3. Be frank, precise, and succinct.

4. Display some decency.

5. Realize that you might not always be right.

6. Utilize online teamwork tools.

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The argentina fund has $745 million in assets and sells at a discount of 5.7 percent to nav. if the quoted share price for this closed-end fund is $13.33, how many shares are outstanding?

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 The number of share outstanding is the market value of the fund divided by the price per share, i.e.,

745 million *(1 - 5.7 %) / 13.33

Number of shares = 52703300.8252

What Are Shares Outstanding ?

Shares outstanding refer to the stock that a company currently has, including restricted shares held by insiders and institutional investors as well as share blocks held by institutional investors. On a company's balance sheet, outstanding shares are listed under the heading "Capital Stock."

In order to determine important measures for a company, including its market capitalization, profits per share (EPS), and cash flow per share, the number of outstanding shares is taken into account (CFPS). The number of outstanding shares of a firm is not constant and is subject to rapid changes throughout time.

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If you make an extra $1,000 in income and your marginal tax rate is 30 percent while your average tax rate is 20 percent, then you will pay an extra ______ in taxes.

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If you make an extra $1,000 in income and your marginal tax rate is 30 percent while your average tax rate is 20 percent, then you will pay an extra $300 in taxes

What  tax rate applies to income tax ?

The applicable tax rate to income of the individual is the  marginal tax rate , which is the tax rate that applies to incremental income of the taxpayer, not the average  tax rate which compares the total tax paid by the individual to the total taxable income.

In other words, the extra payment in taxes is the extra income multiplied by the marginal tax rate of 30%

extra payment in taxes=$1000*30%

extra payment in taxes=$300

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Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she used runs on b2b model.
a. true
b. false

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False, Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she used runs on b2b model.

Generally, secure websites use encryption and authentication standards to safeguard the confidentiality website of web transactions. Currently, the foremost commonly used protocol for web security is TLS, or Transport Layer Security. This technology continues to be commonly observed as SSL, or Secure Sockets Layer, a predecessor to TLS.

The company charges sellers fees to list an item for purchase or transaction costs supporting the ultimate value of the item at the successful completion of an website auction. As anyone who's paid eBay's 10% listing fees can attest, that market share allows the corporation to create an absurd amount of cash.

Fortunately, there are two quick checks to assist you to be certain: examine the uniform resource locator (URL) of the web site. Online Auctions Definition: Virtual auctions on the web. the vendor sells the merchandise or service to the one who bids the best price. For sellers, online auctions open up new sales channels for brand new products and offer buyers favorable purchasing conditions.

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Which of these would be found on a company's balance sheet?
a. equipment notes payable
b. sales revenue
c. depreciation expense
d. accounts receivable

Answers

The correct answer is option D. Accounts receivable is found on company's balance sheet.

What is balance sheet?

Assets, liabilities, and shareholder equity are all listed on a company's balance sheet, which is a financial statement. The balance sheet is one of the three main financial statements used when evaluating a business.

In addition to listing the company's assets and liabilities, a balance sheet serves the goal of providing interested parties with information about the company's financial status. All investors should be able to use, interpret, and read a balance sheet. A balance sheet might provide information or justification for buying a stock.

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The policies, people, and decision rules that affect the culture and operation of the business are considered:_____.

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The policies, people, and decision rules that affect the culture and operation of the business are considered Infrastructural elements

Infrastructure

Infrastructure is the collection of facilities and systems that serve a country, city, or other geographic area, and includes the services and facilities required for the economy, households, and businesses to function.  Public and private physical structures include, but are not limited to, roads, railroads, bridges, tunnels, water supplies, sewage systems, electrical grids, and telecommunications (including Internet connectivity and broadband access).  Infrastructure is typically understood to be "the physical elements of interconnected systems that deliver commodities and services necessary to enable, sustain, or improve society's living conditions" and the environment.

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If a zero-dividend stock is purchased for $80 and sold one year later for $84, the 1-year return is ______ percent.

Answers

The 1-year return is 5 percent.

What is the return?

A stock is used by public firms to raise capital for their activities. Stockholders are usually paid dividends. When a stock is zero-dividend, it means that stockholders would not be paid dividends.

Dividends are the excess of revenue after expenses have been paid and debt obligations have been met. Dividends are paid to stockholders if the business does not have any profitable use of the excess income.

The stock return is the increase in the value of the stock over the one-year period in which the stock was held.

1-year  stock return = (selling price / cost price) - 1

($84 / $80) - 1 = 0.05 = 5%

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Local content regulations provide protection for a domestic producer of parts in much the same way a(n) _____ does, by limiting foreign competition.

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Similar to how import quotas support domestic producers of parts by limiting international competition, local content restrictions accomplish the same. Regulations pertaining to local content typically favor producers over consumers, as is the case with all trade rules.

Domestic producers are defined as natural or legal persons based in a participant's territory who create goods in their raw, semi-processed, or finished forms. This definition includes industrial, agricultural, and industrial products. Additionally, the term "domestic producers" in this Agreement refers to domestic producers of comparable or similar items as a whole, or to those whose combined output of those products accounts for a significant share of the overall domestic production of those products.

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How business can apply Delphi techniques to solve business problems?​

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The Delphi technique is the technique of collecting a panel of professionals and attractive in numerous rounds of questions about a way to ensure enterprise choices or solve an organizational hassle. every answer the professionals provide is nameless. After every spherical, the facilitator reviews and types all the answers.

The Delphi technique is a method used to arrive at a collection opinion or decision by surveying a panel of specialists. experts respond to several rounds of questionnaires, and the responses are aggregated and shared with the organization after each spherical.

The Delphi technique is primarily used by researchers while the available know-how is incomplete or difficult to uncertainty and other strategies that provide higher degrees of evidence can not be used. The goal is to collect professional-based totally judgments and frequently apply them to perceive consensus.

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The fed's strategy of increasing the money supply and lowering interest rates in order to increase real gdp is called?

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A strategy known as Expansionary Monetary Policy is a method Fed uses to increase money supply and lower interest rates in order to increase the real GDP.

As a result of expansionary monetary policy, consumer consumption, stakeholder investments, and net exports will likely all rise.

Due to their desire to boost or increase the real GDP, the government purchases will not ramp up under this strategy. When real GDP is significantly greater than potential GDP and the price level is soaring, the government would want the economy to contract.

Actually, if the Fed takes too long to respond to a global recession or a market crash and only implements the strategy called expansionary monetary once the economy starts to rebound, inflation will be twice as high than if the government had not intervened at all.

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Gaslimit is the actual amount of gas spent at the completion of the block creation.
a. true
b. false

Answers

The statement is False.

The maximum value that the transaction or function may charge or take from the user is determined by the gas limit, which is used to calculate these fees in units of gas. As a result, the gas limit functions as a security feature that stops huge fees from being unjustly charged as a result of a smart contract defect or the error.

Setting a gas limit establishes the maximum amount of gas that a transaction is permitted to use. The gas limit will have one of two effects on a transaction. The transaction will succeed if there are no additional problems and the gas limit is equal to or more than the amount of gas needed to complete the transaction; The transaction fails if the gas limit is insufficient to carry out the transaction (out of gas). A transaction that fails due to a low transaction gas limit will result in lost gas fees. This is due to the fact that even if a transaction is unsuccessful, miners must use gas to attempt to complete it.

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A s.w.o.t. analysis includes? opportunities. threats. all of these are included in a s.w.o.t analysis. strengths. weaknesses.

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SWOT analysis is a framework for identifying and analyzing a company's strengths, weaknesses, opportunities, and threats. these words make up the SWOT acronym.

The number one intention of SWOT analysis is to boom focus of the factors that cross into creating a business choice or establishing a commercial enterprise approach.

SWOT analysis is a strategic planning and strategic management method used to assist a person or business enterprise pick out Strengths, Weaknesses, opportunities, and Threats related to commercial enterprise opposition or project-making plans. it is every now and then known as situational evaluation or situational evaluation.

A SWOT evaluation is a planning tool that seeks to perceive the Strengths, Weaknesses, opportunities and Threats concerned in a task or agency. it is a framework for matching an employer's dreams, programs and capacities to the surroundings wherein it operates.

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Nielsen gathers consumer insights through a variety of ways, including consumer tracking and panels. which type of research is nielsen engaged in during these examples?

Answers

The type of data that Nielsen gathers means that the research that is gathered is online marketing research.

What research does Nielsen gather?

The use of consumer tracking and panels having online because consumer panels are located online on websites and social media.

This means that the way that Nielsen goes about gathering its data is by copying online marketing research which calls for the usage of consumer discussions on panels online.

Options for this question include:

Online marketing research Telephone surveys Focus groups Mail questionnaires Causal research

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What are the most important factors for an investor to consider when choosing an investment?

Answers

When it comes to investing, one of the most significant aspects for investors to consider is how long their money will be invested.

What do we mean by an investor?An investor is someone who invests money in the hope of making a profit or gaining an advantage in the future (interest). Most of the time, the investor uses this allocated capital to purchase some type of property. Equity, debt, securities, real estate, infrastructure, currency, commodity, tokens, derivatives such as put and call options, futures, forwards, and so on are all types of investments.When it comes to investing, one of the most important considerations for investors is how long their money will remain invested. Investors with short time horizons typically prefer conservative investments with low volatility to ensure their money is available when they need it.

Therefore, when it comes to investing, one of the most significant aspects for investors to consider is how long their money will be invested.

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______is defined as the ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment, using the fine focus knob only.

Answers

Fine Adjustment Knob is the  ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment.

What is the Fine Adjustment Knob?

This is the term that is used to refer to the coarse adjustment knob. This is the knob that is used to bring the specimen that is to be used to be in sharp focus especially when the higher power lenses were in use.

Hence we can say that Fine Adjustment Knob is the  ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment.

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You are a manager of a u. S. Firm that plans on exporting a product that is designated as a dual use product and you need to have a u. S. Government approval before export can take place. What is the political motive behind this​ intervention?.

Answers

You are a manager of a u. S. Firm that plans on exporting a product that is designated as a dual use product and you need to have a u. S. Government approval before export can take place. To preserve national securityTo is the political motive behind this​ intervention.

The Agreement Establishing the WTO recognizes the necessity for positive efforts to confirm that developing countries, and particularly people who are least-developed, share within the political motive growth of international trade.

Trade barriers include tariffs (taxes) on imports (and occasionally exports) and non-tariff barriers to trade like import quotas, subsidies to domestic industry, embargoes on trade with particular countries (usually for Perhaps the foremost common political argument for state intervention is that it's necessary for shielding jobs and industries from unfair foreign competition.

Competition is most frequently viewed as unfair when producers in an exporting country are subsidized by their government. Unwanted cultural influence during a nation can cause governments to dam imports that it believes are harmful. The Directorate General of Foreign Trade (DGFT) issued a Notification to the present effect today (Notification Link below).

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Planning involves ______. multiple choice question.
a. motivating employees to achieve results
b. setting goals and tactics
c. measuring the company's actual results
d. monitoring the company's actual results

Answers

Apparently, planning involves setting goals and tactics. Planning is a systematic process that identifies the most effective plans and techniques to meet the company's objectives and goals. It often involves forecasting trends. Thus, the answer is letter b.

Planning do not involve motivating employees to achieve results but the setting of strategies on how to motivate the workers is part of it. Employee motivation is not increased by planning though. The leading function of management is connected to the role that management plays in inspiring workers to achieve organizational goals.

Measuring and monitoring the company's actual results are not also part of management's planning, too. These are control process of the management.

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The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of?

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The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of integration.

Rites of integration are defined because the planned social interactions that have a objective of achieving “a temporary sense of closeness” between customers and therefore the service providers. They involve the facilities such as the sharing of information by customers and employees that are extremely necessary for service production. The favorable evaluation, by the customers, of a service delivery process. We describe  different types of rites that are the result in varying levels of involvement. The Rites of integration is also known as  An event used to “rekindle” the connections among members of the community.

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Using virtualization methods, enterprises can respond to change more quickly and make better decisions in real time without physically moving their data, which significantly cuts costs. When the concentration of a substance differs from one area to another, this creates a concentration. Which of these is a disadvantage of social media sites?They use words rather than pictures.Sometimes users harass or bully other users.Most people find them too difficult to use.They are unlikely to remain popular. 5. A commonly used term for the female cannabis plant is:nicotineO marijuanadepressantstimulant In the context of the scientific approach, the role of ______ is central and fundamental when scientists search for observations that will verify or reject their ideas about the world. Please post detailed answers to the following questions. Please use complete sentences.What do you do to promote intellectual wellness? Give an example of a hobby or interest that you could or do pursue. What did you learn or could you learn by participating in it? ________ involves breaking into a network to steal data such as customer lists, product inventory data, employee data, and other proprietary and confidential data. A washer and a dryer cost $995 combined. The washer cost $45 more than the dryer. What is the cost of the dryer? is (are) used to process human body characteristics to identify and authenticate individuals for security and access control purposes. Managers typically follow five steps in the decision-making process. the first step is to:__________ Betsy, a recent retiree, requires $5000 per year in extra income. She has $60000 to invest and can invest in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 5% per year. How much money should be invested in each to realize exactly $5000 in interest per year? I NEED HELP PLEASEf+3n=7n People want to be able to identify leaders as those who are leading the way in our society. this is an example of what strength of the approach? ________ are customers who show low potential profitability and little projected loyalty. group of answer choices A. strangers B. true believers C. barnacles D. true friends E. butterflies A quadratic function is shown on the graph.an upward opening parabola beginning with closed circle at negative 2 comma 4, which decreases to a vertex at 0 comma 0 and then increases to an open circle at 3 comma 9What is the range of the function? {x | 2 x < 3} {x | 2 < x 3} {y | 0 y < 9} {y | 0 < y 9} You cross a pure-breeding white flower with a pure-breeding red flower, and the offspring are all pink. what type of inheritance is this an example of? _____________ helps companies tap into the massive volume of customer opinions expressed online. media mining text mining unstructured analytics media metrics Find a pair of real number whose sum and product are both 12 Sigmund freud and josef breuer proposed that allowing patients to discuss their problems under hypnosis would provide a therapeutic emotional release. what is this emotional release called:_________ Drag the tiles to the correct boxes to complete the pairs.Recall how Newtons investigation of light followed one form of the scientific method. Match the statements about Newtons experiment with the steps in the scientific method.TilesWhite light becomes a spectrum of seven colored lights after passing through a prism.What happens to a single color of light when it passes through a prism?A single color of light will not change when it passes through a prism.White light passes through a prism. A slit is used to direct only the red light through a second prism.When the red light goes through a second prism, its color does not change.The hypothesis proposed for this experiment is true.The colors in a spectrum are part of white light, and the prism separates them.PairsMake an observation.arrowBoth Ask a question.arrowBoth Construct a hypothesis.arrowBoth Test the hypothesis with an investigation.arrowBoth Analyze the data.arrowBoth Confirm whether the hypothesis is true.arrowBoth Explain the results.arrowBoth