The adjusting entry for a prepaid expense includes a debit to a(n) ______ account

You can prepare for the procedure by gathering necessary documentation assembling photographs and eyewitness statements of the incident or damage, and being familiar with the subsequent steps.

A formal request for coverage or payment for a covered loss or other policy event made by a policyholder to an insurance company is known as an insurance claim. The insurance provider confirms the claim (or denies the claim). If it is accepted, the insurance provider will pay the insured or a recognized interested party on their behalf.

Insurance claims include everything from normal and extensive medical checkups to death payments on life insurance contracts. In rare circumstances, a third party may submit claims on the insured person's behalf. Only the person(s) named on the policy, however, are often eligible to make a claim for payments.

Learn more about insurance with the help of the given link:

brainly.com/question/8059922

#SPJ4

An operating system performs three primary tasks: managing the computer's resources, including the CPU, memory, disc drives, and printers; creating a user interface; and running and supporting application software.

Application software that is used to complete routine tasks, such word processing, is referred to as general purpose software.

A general purpose software application is software that has been created to use a computer system to complete common or general tasks for users. Word processing, spreadsheet, and photo editing software are among examples.

The operating system's service maintains track of which users are using what resources—and how much—for accounting purposes as well as to compile consumption data.

To learn more on application software

https://brainly.com/question/4560046

#SPJ4

Kia motor company is performing a key function of operations management when it purchases new parts and supplies for its new line of automobiles.

Kia motor company

Kia Corporation, or simply Kia, is a South Korean multinational automobile manufacturer headquartered in Seoul. With sales of over 2.8 million vehicles in 2019, it is South Korea's second largest automobile manufacturer after its parent company, Hyundai Motor Company. Kia began as Kyungsung Precision Industry on June 9, 1944, as a manufacturer of steel tubing and bicycle parts, eventually creating Korea's first indigenous bicycle, the Samchully, in 1951.

To learn more about Kia motor company

https://brainly.com/question/13185927

#SPJ4

Accounting plays an important role in running a business because it helps you track income and expenditures, ensure statutory compliance, and supply investors, management, and government with quantitative financial information which might be utilized in making business decisions.

There are three key financial statements generated by your records. The profit-and-loss statement provides you with information about the profit and loss. The record gives you a transparent picture on the financial position of your business on a selected date. The income statement could be a bridge between the profit-and-loss statement and record and reports the cash generated and spent during a particular period of your time. It is critical you retain your financial records clean and up thus far if you would like to stay your business afloat. Here are just some of the explanations why it's important for your business, big or small.

Learn more about Accounting benefits.

https://brainly.com/question/25746199

#SPJ4

According to growth accounting studies, the most important factor in economic growth is Capital deepening

To Learn more about Capital Deepening, Click the links

https://brainly.com/question/27353529

https://brainly.com/question/11221053

#SPJ4

The force-field analysis method in social science offers a framework for examining the variables (or "forces") that affect a situation, originally social circumstances. It examines factors that are either promoting movement toward a goal (helping factors) or impeding that advancement (hindering forces).

Hence, Delphi, Force-Field technique, Pie chart, Questionnaire, and Legal protection. These are the answers respectively.

Learn more about Force-Field technique here:

https://brainly.com/question/28038415

#SPJ1

The management of sports products, inc., pursue as its overriding goal as "the primary goal of the firm should be to maximize shareholder wealth, which means maximize share price."

A share price, also known as a stock price, is the cost of purchasing one share of a company.

Some key points related to share price are-

To know more about the share price, here

https://brainly.com/question/28143339

#SPJ4

The form of partnership agreement that can limit their  individual and business liability is a limited liability partnership.

A  partnership is an agreement between two or more people who are referred to as partners who decide to come together to run a business with the aim of making profit. Partnerships have the advantage of having the ability to raise more capital than a sole proprietorship.

A limited liability partnership is a form of partnership where the liability of partners are limited to the amount of money invested in the business. This means that in the event where a business cannot meet its debt obligation, the maximum amount the partners can lose is the amount of money that is invested in the business.

To learn more about  limited liability partnership, please check: https://brainly.com/question/9244934

If a company pays one year of rent in advance on january 1. on january 31, the company will record an adjusting entry that will: Decrease assets and increase expenses.

Assuming company pays one year of rent in advance on january 1  which means that on january 31, the company will record an adjusting entry that will Decrease assets and increase expenses.

The adjusting journal entry for a prepaid expense will tend to decreases assets (Prepaid Rent) and as well  increases expenses (Rent Expense).

Therefore on january 31, the company will record an adjusting entry that will: Decrease assets and increase expenses.

Learn more about adjusting entry here:https://brainly.com/question/13035559

#SPJ1

The best values management programs also provide either a direct contact person or an anonymous hotline to report any violations. It is better to have those two options because reporting something requires that we remain anonymous. We would probably also create a new conflict on top of it.

A violation report is used to describe every allegation of a violation or alleged violation of this Manual, as well as the investigation and subsequent actions. An instance of a violation might be being bullied at work or school. Another illustration is breaking the law by driving your car faster than the posted limit.

#SPJ4

Malfeasance is when a office holder behaves improperly or commits misconduct by acting in a way that is against the law.

A just cause removal of an elected official by statute or recall election is frequently justified by official misconduct. Malfeasance in office is in contrast to "misfeasance in office," which is the performance of an official task without sufficient authority, and "nonfeasance in office," which is the failure to do so.

It is challenging to give a precise definition of official misconduct because numerous highly regarded secondary sources (such as books and comments) strive to identify its foundational elements based on documented occurrences.

To learn more about misconduct by office holder here

https://brainly.com/question/14476947

#SPJ4

Over the past several decades, the role of human resource management has become more focused  and less outdated.

Human resources role is one that has now been altered to become a lot more strategic and aligned in regards to the business objectives.

The role has been altered so as to be able to implement some measures of talent strategies as well as support business results. Human resource professionals is now made up of a lot of roles.

Human resource managers often work together with those of departmental supervisors and top management in handling the business's most important assets which is the people.

Therefore, Over the past several decades, the role of human resource management has become more focused  and less outdated.

Learn more about Human resources from

https://brainly.com/question/18882416
#SPJ1

2,902,900 seconds or 806.3611111111 hours or 33.5983796296 days

An e-business revenue model that involves users paying a fee for using protected intellectual property is called licensing.

This is the term that is used to refer to the permission that the people that carry out businesses using the online web would have in order to use properties of others to do their job.

It is required that all businesses have the required and the needed licenses to operate. Hence we can say that an e-business revenue model that involves users paying a fee for using protected intellectual property is called licensing.

Read more about e-business here: https://brainly.com/question/13165862

#SPJ1

It is a true statement that the three services marketing are: internal, external and interactive.

Basically, a marketing refers refers those activities a company undertakes to promote the buying or selling of a product or service. It includes the use of  advertising, selling, and delivering products to consumers or other businesses; but some marketing are done by affiliates on behalf of a company.

However, the Services marketing refers to the form of marketing businesses that provide a service to their customers use to increase brand awareness and sales; it is categorized into an internal, external and interactive marketing.

Read more about marketing

brainly.com/question/25369230

#SPJ1

Yes, the assumption that more is better satisfied for both goods for the given utility function.

Utility in economics involves satisfying or pleasure which consumers receive from consuming a product or service. The utility function assesses consumers' desires for a specific set of goods and services.

Now, as per the question;

[tex]M U_x=\frac{\delta u}{\delta x}=[/tex] 3 > 0

Thus,  MUx > 0.

Similarly,

[tex]M U_y=\frac{\delta u}{\delta y}=[/tex] 1 > 0.

Thus, MUy > 0.

Therefore, MUx and MUy both are greater than zero, implying that more is more satisfying for both goods.

To know more about the utility function, here

https://brainly.com/question/25077729

#SPJ4

The correct question is-

Consider the utility function U(x, y) = 3x + y, with MUx = 3 and MUy = 1. a) Is the assumption that more is better satisfied for both goods?

Return on assets is  mathematically given as

RA= 9.31%

This is further explained below.

Generally,   the equation for Average assets is  mathematically given as

AA = (Beginning total assets +Ending total assets ) ÷2

Therefore

AA = (248000+202000)÷2= $225,000

Generally,   the equation for Return on assets is  mathematically given as

RA=20,955.00/225,000.00 *100

RA= 9.31%

In conclusion,  Return on assets is  mathematically given as

RA= 9.31%

Read more about Average assets

https://brainly.com/question/28192488

#SPJ1

Supply is said to be more elastic when the quantity supplied is very responsive to changes in price.

What is Price elasticity?

To know more about Price elasticity visit:

https://brainly.com/question/15417641

#SPJ4

Pittsburgh & Lake Erie Railroad Gateway Yard major road (just south of the Youngstown state university campus) is an abandoned rail line.

What is railroad?

The term “railroad” refers to a defunct rail track. The railroad's track does not change and is permanent. In the seventeenth century, the railroad brought England into the world. Two parallel lines are permanently installed on the railroad track.

The Pittsburgh and Lake Erie Railroad was located in Youngstown, Ohio, and is an abandoned rail line. It was the development of 1957. Gateway Yard was in charge of this central location of the railroad.

As a result, P&LE was the is an abandoned rail line.

Learn more about on railroad, here:

https://brainly.com/question/513966

#SPJ4

when local government relationships are critical to the success of international operations, the best organizational structure for a firm would be geographic regions.

A geographical organizational structure organizes people within an organization by geographic location.

This structure creates specific divisions for each location. Each division acts as if it is its own company, combining different types of personnel for various business functions.

Therefore, when  local government relationships are critical to the success of international operations, they need a geographical organizational structure.

https://brainly.com/question/28518702

#SPJ4

The conflict-handling style in which a person neglects their own concerns and allows the concerns of another to prevail is known as accommodating.

Recognizing that there are four fundamental interpersonal conflict communication styles—assertive, aggressive, passive, and passive aggressive—is the first step in developing these skills.

Finding a middle ground or renouncing some of your issues while committed to those of others is the definition of the compromising style.  The aim of this somewhat cooperative, moderately forceful style is to strike a balance.

Competing is aggressive; accommodating is passive and cooperative. There is a certain amount of self-sacrifice involved when someone is accommodating; they put other people's needs ahead of their own.

To learn more on accommodating

https://brainly.com/question/14397537

#SPJ4

In a large business, the information technology department makes sure that all the computer operations, mobile devices, and networks run smoothly.

Information technology (IT) is the creation, processing, storage, secure transmission, and exchange of all forms of electronic data. IT includes the use of computers, networking, storage, and other physical devices.

With the aid of hardware and software networks, workstations, and storage devices at lower costs, information technology makes it possible to store and retrieve large amounts of data fast. With the use of information technology, data may be combined and configured to provide distinctly new information that facilitates making decisions quickly.

Therefore, in a large business, the information technology department makes sure that all the computer operations, mobile devices, and networks run smoothly.

Learn more about technology on:

https://brainly.com/question/25110079

#SPJ1

The nurse would conduct Studies in nursing, allied health, and biomedicine can be found in CINAHL, PubMed gives free journal articles, and AHRQ provides clinical guidelines and evidence summaries.

Clinical practice recommendations are made in statements that aim to improve patient care. They are based on a thorough study of the available data and an evaluation of the advantages and disadvantages of various alternative care alternatives.

What do clinical guidelines serve as?

Clinical practice guidelines are "systematically developed statements to assist practitioners and patients judgments about appropriate health care for specific clinical circumstances" and are meant to provide clear guidance on how to deliver healthcare services.

To know more about clinical guidelines

https://brainly.com/question/5496881

#SPJ4

According to the textbook, knowing which trustworthy manufacturers there are will help buyers make the best decision among the large range of otc items.

A manufacturer is a company or person that creates items, according to the definition. An illustration of a sneaker manufacturer is the business that creates a certain brand of sneakers.

Who is known as the manufacturer?

A manufacturer is a person or business that creates finished products from raw materials using a variety of tools, equipment, and procedures, and then sells the products to consumers, wholesalers, for the production of more complex products, distributors, merchants, or other producers.

To know more about manufacturer

https://brainly.com/question/26320301

#SPJ4

The right response is "to lower the transaction costs associated with selling the security".

A financial market is any site or mechanism that enables buyers and sellers to exchange financial assets including bonds, shares, the various international currencies, and derivatives. Financial markets provide the link between those with funds to invest and others in need of capital.

A financial market is a place where individuals may exchange financial derivatives and securities for little to no cost. Stocks, bonds, raw resources, and precious metals, which are referred to as commodities in the financial markets, are some of the securities.

To know more about Financial Assets, visit: https://brainly.com/question/15071910

#SPJ4

The best checking account for Nathan, is account D, therefore, the correct option is D.

Among Nathan's requirements for the checking account are

Due to the fact that Bank B and Bank D provide the identical checking account characteristics, Bank B will not be appropriate. However, Bank D's checking account has the added benefit of 0.1% interest (interest is zero for Bank B) and may incur no monthly cost due to the availability of direct deposit from Nathan's work.

Due to its higher ATM cost ($2 per transaction compared to $0 for account D), Bank C will not be appropriate.

To learn more about Checking Account

https://brainly.com/question/14468270

#SPJ4

Complete Question
Nathan has $300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his employer offers direct deposit. Bank Account Terms and Conditions Bank A has a minimum balance of 500 dollars, interest of 0.1 percent, overdraft protection, 0 dollar ATM fee, and 0 dollar monthly fee. Bank B has a minimum balance of 250 dollars, interest of 0 percent, no overdraft protection, 0 dollars for all A B C bank A T M s, and 5 dollar monthly fee. Bank C has 50 dollar minimum balance, 0.1 percent interest, no overdraft protection, 2 dollar per A T M transaction, 10 dollar monthly fee or 0 dollars with direct deposit. Bank D has 100 dollar minimum balance, 0.1 percent interest, no overdraft protection, 0 dollar A T M fee, and 5 dollar monthly fee or 0 dollars with direct deposit. Which checking account would be best for Nathan?

Which checking account would be best for Nathan?

Account A

Account B

Account C

Account D

Answer:

D

Explanation:

The purposes of managerial accounting are to provide useful information to aid in "calculating the costs of a company's goods and services, planning for future activities, and comparing actual to planned results."

Managerial accounting is the method of identifying, assessing, analyzing, analyzing, and communicating financial data to executives in order to help them achieve the goals of their organization.

Some key points regarding the managerial accounting are-

To know more about the managerial accounting, here

https://brainly.com/question/27823997

#SPJ4

The type of innovation where employees are encouraged to use their talents in innovative ways is Structure innovation.

Structure innovation is a type of innovation where the focus is on those who make up the structure of a company - the employees.

Here the employees are viewed as the best way to make a company more effective and efficient and so they are encouraged to use the talents they have, in creative ways that will give the company an edge.

Find out more on innovation at https://brainly.com/question/19969274

#SPJ1

The fact that there are too many steps in the decision-making process for most individuals to handle is a big factor in why decision-making is frequently not such a reasonable process.

The opposite of intuitive decision-making is rational decision-making. It follows a rigid process based on logic and objective information. It entails identifying the issue that needs to be resolved, collecting data, identifying options and outcomes, analyzing them, taking into account all the connections, and making a decision. Fundamentally, decisions are the outcome of certain thought processes. Good judgments are frequently deemed reasonable even when they are not always conclusions of the inferences or alternatives best valued according to relevant criteria in a context. The information that decision-makers do have is frequently inaccurate and incomplete, and they do not have access to all information that may be important to the choice. Decision-makers have weak computational and analytical skills.

Learn more about decision-making:

https://brainly.com/question/13244895

#SPJ4