what does the going concern concept mean?
A)a business is profitable
B)a business will continue to operate for the foreseeable future
C) the assets of a business exceed its liabilities
D)the assets of a business should be evaluated at disposal value

Answers

Answer 1

Answer:

B)a business will continue to operate for the foreseeable future

Explanation:

The concept of 'going concern' means that a business will continue to operate into the foreseeable future. It implies that a business has a long life and is no danger of shutting down or being liquidated.

The going concern concept may be applied when a business is being sold or acquired. When a business is being sold as a going concern, it means that it is being sold as a unit. After the transaction, the business is expected to continue with its operations as normal.


Related Questions

An outward shift in the production possibilities curve of an economy can be caused by an increase in A. unemployment B. the labor force C. inflation

Answers

Answer:

B

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

An outward shift of the PPF is as a result of either technological progress or an increase in the labour force.

Which of the following businesses is NOT possible to be rivaled?
A. an electric company
B. a mall
C. an airline company
D. a telecommunication provider

Answers

Answer:

A. an electric company

Explanation:

Among all the options given above, it is an electric company that cannot be rivaled due to the fact that, all household definitely need electricity in-order to power their home. Due to the nature of the company and how capital intensive it is, it would always be in demand by the people.

what is insurance? please help

Answers

Answer:

insurance is kinda a type of company that will pay for basic needs. Like you can get car insurance in case you crash your car or need it fixed. Homeowners insurance which helps if your home needs to be fixed. Doctors insurance so you don't have to pay. I hope that helps.

Best Buy uses sales-performance data to develop methods for improving in-store employee performance. This is an example of following the _______________ viewpoint of management.

Answers

Answer:

Contingency

Explanation:

Contingency viewpoint of management is a flexible style of management that is employed based on the prevailing circumstances and the good judgement of the manager.

The use of sales-performance data to improve employee performance is a flexible means of evaluating employees because it might not be the standard for the company but since the management sees it as an effective means, it is then used.

Elisa withdrew $27 at a time from her bank account and withdrew a total of $189. Frances withdrew $49 at a time from his bank account and withdrew a total of $196. Who made the greater number of withdrawals

Answers

Answer:

Elisa

Explanation:

Calculation for Who made the greater number of withdrawal

Calculation for ELISA WITHDRAWAL

Using this formula

Elisa withdrawal=Total Withdrawal/Amount withdraw each times

Let plug in the formula

Elisa withdrawal=-$189/(-$27)

Elisa withdrawal=7

Calculation for FRANCES WITHDRAWAL

Using this formula

Frances withdrawal=Total Withdrawal/Amount withdraw each times

Let plug in the formula

Frances withdrawal=-$196/(-$49)

Frances withdrawal=4

Based on the above calculation Elisa had 7 withdrawa while Frances had 4 withdrawal which means that the person who made the greater number of withdrawals is ELISA

To qualify for unemployment a person must:
be willing to accept an offer of work.
have been employed during the last 12-17 months.
be able to work.
All of these choices are correct.

Answers

Answer:

be willing to accept an offer of work

Explanation:

An adult individual is classified as unemployed if they are jobless but are actively looking for work.  Active means they have searched for employment in the past four weeks. An individual without work and is not looking for a job or has given up hope of being employed is not considered unemployed.

The unemployed persons, together with the employed ones, form the labor force in the economy.

Lana applies for a firefighter’s job with Metro City, which responds with a letter setting an appointment for a medical exam. The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is​

Answers

Answer: a unilateral contract that Lana can accept by passing the exam.

Explanation:

A unilateral contract is a form of contract agreement whereby the offeror promises to do a particular thing or pay a certain amount after a specified action has occured.

In this scenario, Metro City would only give an employment offer to Lana if she passes her exam. This is a unilateral contract that Lana can accept by passing the exam.

Shell Enterprise is a soft toy manufacturer. It sells its toys to ToySpot, a company that sells a wide range of toys to the public at a single location. In this scenario, ToySpot is a

Answers

Answer:

ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.

A consumer is attempting to maximize utility in her consumption of Goods A and B. If her income and the price of Good A do not change, but the price of Good B decreases, this will:

Answers

Answer:

In this section, we are going to take a closer look at what is behind the demand curve and the behavior of consumers. How does a consumer decide to spend his/her income on the many different things that he/she wants, i.e., food, clothing, housing, entertainment? We assume that the goal of the consumer is to maximize his/her level of satisfaction or joy, constrained by his/her income.

Economists use the term utility as a measure of satisfaction, joy, or happiness. How much satisfaction does a person gain from eating a pizza or watching a movie? Measuring utility is based solely on the preferences of the individual and has nothing to do with the price of the good. Let’s do an experiment in utility.

Step 01: Get some of your favorite candy, pastries, or cookies.

Step 02: Take a bite and evaluate, on a scale from 0 to 100 (with 100 being the greatest utility), the level of utility from that bite. Record the marginal utility of that bite (i.e., how much you get from that one additional bite).

Step 03: Repeat step 02. It is important to be consistent with each unit consumed, i.e., the same size and no drinking milk or water part way though. When you run out of candy or your marginal utility goes to zero you can stop.

Law of Diminishing Marginal Utility

Organizational commitment refers to all of the following except _____ .


a desire to move up the corporate ladder as quickly as possible

a willingness to work together to attain the organization's goals

a strong intention to stay in the organization

loyalty to the organization and devotion to duty

Answers

Answer:

a desire to move up the corporate ladder as quickly as possible

Explanation:

Organizational commitment is the term that describes an individual's psychological attachment to an organization that employs them. Organizational commitment is crucial in determining an employee's passion at work and how long they are willing to work for the company.

Employers seek to determine the level of organizational commitment in order to predict employee satisfaction rate and other similar employee-related attributes.

The bank collected $1,500 for the company from the company's client. On a bank reconciliation, this would be shown as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the bank account balance
C. decrease in the ledger cash account balance (book balance)
D. increase in the bank account balance

Answers

Answer:

A. increase in the ledger cash account balance (book balance)

Explanation:

The bank collected $1500 from the customer on behalf of the company. The amount was posted to the customer's account, increasing the company's bank balance by $1500. When the bank generates the customer's statement, the collected amount will reflect in the customer statement increasing it by $1500.

To reconcile the customer bank statements, and the customer's ledger, the amount of $1500 will have to be added to the customer's cash balance.

A. Avoid extra payroll expenses.
B. Get the best rates on advertising.
C. Change the product you provide.
D. Use resources wisely.
E. Beat the competition.
F. Get the best rates on supplier purchases.
G. Eliminate some free services,
H. Increase worker efficiency,
1. A shop that sells fine glassware offers gift wrapping at no extra cost.
Rationale:

Answers

Answer:

A. Avoid extra payroll expenses.

Explanation:

i hope it helps :)

An expense is referred to as the outflow of the cash or the assets of the company or the firm. Basically, an expense is incurred when the company faces a shortage of assets or the company owns any of the liability.

The correct option is A. Avoid extra payroll expenses.

A shop that sells fine glassware offers gift wrapping at no extra cost avoids the payroll expenses. Payroll expenses are the expenses that are termed as the expenses that are regarding the wages and the compensation of the holidays and the sick pay. These all expenses are accrued at the closing dates.

To know more about the payroll expenses, refer to the link below:

https://brainly.com/question/25673613

Which document should a job seeker send with a résumé to a potential employer?

Answers

Answer:

c). cover letter

Explanation:

A cover letter is a formal letter or document that a job seeker sends to a potential employer together with a resume. The letter details the positions that the vacant applicant seeks to fill. The cover letter or job application letter accords the applicant the opportunity to market themselves to the employer.

In the cover letter, a job seeker states why they are the best candidate for the position. Applicants use the cover letter to convince the employer to hire them.

Answer:

cover letter

Explanation:

Determining the payment options to be offered to a business's customers is which function?

Answers

Answer:

Pricing

Explanation:

what are the disadvantages of international trade?
Suggest measures to minimize the disadvantages of international trade.

Answers

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

Which of the following types of advertising has the advantage of being especially affordable?

Magazine advertising

Internet advertising

Billboard advertising

Answers

Answer:

magazine advertising

Explanation:

most people think of the large glossy national publications full of big band adveritisers.

Answer:

internet advertising

Explanation:

Productivity is a relative measure, and must be compared to something else meaningful to be effective. What are the three ways of measuring productivity

Answers

Answer:

past performance, overall goal, other's performance.

Explanation:

Productivity can be measured to three main things, past performance, overall goal, others performance. Each of these are effective and meaninful factors to compare productivity to. They allow you to determine if productivity is increasing, decreasing, or if it could be better. If other individuals perfomance is better than yours and they are similar to you in every other factor then that means that your productivity can and should be better than what it currently is. Therefore, each one of these comparisons provide useful and valuable data.

Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11 Pumpkin collected the cash from that customer. What is the impact on Pumpkin's accounting equation from the collection of cash?

Answers

Answer:

i got it right it 900

Explanation:

I NEED HELP FAST!!
Peter is assisting with a report that will forecast sales for the next year. He has been asked
to collate sales data for the previous five years in different seasons. He understands that
will help account for seasonal trends. What kind of sales forecast report is Peter working
on?
n
Peter is working on a
report to forecast sales.
Delphi method
time series analysis
sales force estimation
sales forecasting
It is not the last one. I already tried it.

Answers

Answer:

Time Series Analysis

Explanation:

Time Series Analysis is the process of forecasting sales through the means of looking at a certain range of time from the past.

Delphi method is the use of public opinion to form data and Sales force estimation is for future sales and not past ones.

_____________ is when a product is included inside a TV show or movie. A. Product placement B. A commercial C. Promotion D. Institutional advertising Please select the best answer from the choices provided A B C D

Answers

Answer: A. Product placement

For example, when a character drinks a brand of soda, then this is a product placement. Ideally it should be subtle but sometimes it's very obvious.

Suppose you worked in the government. A company wants to set up a factory in your country. It would bring jobs, but it would also bring about pollution, which would lead to acid rain. Would you allow it?​

Answers

no, i personally wouldn’t because it would harm the environment and society more than help :)

A social media application would most likely do which of the following? (6 points)

Allow users to watch popular movies and TV shows
Connect users with social and business contacts
Confirm users' travel plans
Teach users a new language

Answers

Answer:

B: Connect users with social and business.

Explanation:

This is one of the primary uses of Social Media. It is to help contact people you know, whether it be your boss from work, or a distant relative. Social Media helps you contact anyone from anywhere around the globe.

A social media app would almost certainly connect users with social and professional contacts. Option B is correct.

What is social media?

Social media are defined as interactive technologies that help the creation and transmission of message, interests, thoughts, and other forms of look with the help of virtual communities and networks.

Users would just about surely be connected with social and professional contacts via a social media app.

Therefore, option B correct.

To learn more about the social media, refer to:

https://brainly.com/question/8215595

#SPJ2

A crisis management team does all of the following except _____ .


instruct employees and customers

oversee the situation before, during, and after it occurs

handle all service failures

coordinate communications

Answers

Answer:

Handle all service failures

Explanation:

A crisis management team is a team or group of responsible individuals mandated to keep an organization running in crisis times. The team identifies situations that could affect the organization and develops a comprehensive plan of dealing with these events.

In times of a crisis, the crisis management team

Develops a communication channel that keeps employees, customers, and the media updated. Creates and implements a plan to protects a company's assets that ensures company survival. Take measures to ensure the health and safety of all employees Provides mechanisms for employees to work remotely.

Maureen's company sells first-aid kits for use in everyday situations. Because kits come in many sizes, with many features, and at many price points, Maureen finds it difficult to differentiate her company's offerings from those of other vendors. Worse, potential customers may find it hard to compare search results for her products and prices with those of other vendors. How can Shopping ads address these concerns

Answers

Answer:

In simple words, the shopping ads will be the best solution for Maureen to address this concern. Her Shopping advertisements would only display a picture, value, description, store name, as well as product information. At a moment, clients will know how their kits suit their requirements and spending.

Thus, the shopping ads can easily solve her major hurdle of separate recognition.

The Myers-Briggs Type Indicator (MBTI) was developed in 1943 and is based on the theories of the famous psychologist Carl Jung.


True

False

Answers

Answer:

False.

Explanation:

This is false, 1962  is the real date.

The MBTI instrument was first published in 1962.

As the interest rate __________, the opportunity cost of holding money __________ and individuals choose to hold __________ money.

Answers

Decreases

Decreases

More

Correct me if I'm wrong :)

To support the HR department, you have been asked to produce a factsheet, explaining the importance of the factors which need to be considered when planning, designing and delivering a training programme. In your factsheet: a) Explain with examples, why the methods chosen must be appropriate to the staff being trained at various levels in the organisation. b) Explain the importance & implications of factors that should be considered in: • Planning and designing a training programme • Delivering a training programme

Answers

Explanation:

a) The methods chosen for a team that is being trained at various levels of the organization consider the learning needs of the use of a new organizational system, whose objective is to make tasks more dynamic and flexible, therefore aiming to reduce uncertainty and resistance to changes by employees, it is suggested that the new system and its functionalities be presented to all employees who will use it, including a demonstration of the benefits that will be achieved, and the public that will use the system at different levels.

b) The training will include learning from the system with specialists and initial adaptive implementation, so that the change occurs less abruptly and does not impact the work in progress.

It is necessary for a training program to understand its audience, aligning the content and methodology that will be most effective according to the functional area of ​​the company and the needs of the public, thus reducing ineffective and misaligned training costs, making implementation and easier and faster learning, fulfilling the training objectives.

Identify the correct statement regarding an employee assistance program. Multiple Choice It involves hiring an arbitrator from outside the organization to hear cases or disputes among employees. It involves taking the help of a neutral party though a nonbinding process to solve issues among employees. It is a system that supervisors can use to refer their employees for professional treatment when necessary. It is a company-sponsored program to help employees manage the transition from one job to another. It cannot be recommended by union representatives.

Answers

Answer:

It is a system that supervisors can use to refer their employees for professional treatment when necessary.

Explanation:

The employee assistance program is the program that helps the employee to received the benefits for assist the manager to solve out the personal problems that occurs at the time of performing a job that directly impact your job performance in terms of health, mental, emotional behavior

Therefore the above represent the answer

In what order do managers typically perform the managerial function?

Answers

Answer and Explanation:

As we know that the managerial functions are as follows:

1. Planning

2. Organizing

3. Leading

4. controlling

In this way it should be perfomed by the managers so that the company goals and objectives should be accomplished within the prescribed time and if there is any discrepancy so it would be corrected before time

The economy is in the horizontal portion of the AS curve, there is a liquidity trap, and investment spending is sensitive to changes in the interest rate. According to the Keynesian transmission mechanism, if the money supply increases the interest rate __________, investment spending __________, the AD curve __________ and the price level __________. Question 8 options:

Answers

Answer:

does not change; does not change; does not change; does not change;

Explanation:

According to the Keynesian transmission mechanism, if the money supply increases the interest rate does not change, investment spending does not change, the AD curve does not change and the price level does not change.

Keynesian maintain that transmission mechanisms are indirect. That is, changes in the money supply affect aggregate demand via changes in interest rates or exchange rates.

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