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ICE Princess25 [194]
2 years ago
12

A client asks his accountant to ignore a mistake which overstated the accounts receivable account. The accountant decides that t

he accounts receivable account has to be corrected to state the correct amount based on the current accounting rules. Which stage of Kohlberg' Stages of Moral Development is the accounting reasoning?A. Stage 2 B. Stage 3 C. Stage 4 D. Stage 5
Business
1 answer:
svp [43]2 years ago
6 0

Answer:

B. Stage 3

Explanation:

Kohlberg's stages of moral development refers to the various stages of how individuals respond morally and under what circumstances. The theory is based upon how morals guide our actions and moral dilemmas faced by individuals.

Among the various stages defined by Kohlberg, Stage 3 corresponds to acting to serve the best interests of the client as well as maintaining good interpersonal relationships.

Under stage 3, an individual seeks social approval in his acts i.e his actions are governed by social values.

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Which of the following most accurately describes a podcast?​ a. ​A multiplayer, competitive activity b. ​An interactive version
Pepsi [2]
C. A podcast is a prerecorded usually audio about someone discussing a subject.
5 0
2 years ago
A marketing manager targeting Generation Y should be aware that this group is turned off by:A) the "soft sell".B) overt branding
AysviL [449]

Answer:

B) overt branding practices

Explanation:

Generation Y is the group of people who were born between 1990s to early 2000s. Probably most commonly known as millennials.

Statistics shown that when it come to choosing a product, millennial tend to choose the individuals that they can trust/admire rather than overt branding practices. This is why online influencers market is really booming among this demographic.

On top of that ., They value the type of  advertisement that can objectively define the negative and positive characteristics of a certain product rather than advertising it as if it's 'the best product ever' like commonly done by most companies in the past.

7 0
2 years ago
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $22,800 ($1,900/month) in advance
Tems11 [23]

Answer:

1.

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3.

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

Explanation:

1.

On October 1, , the following journal entry will be recorded in respect of the advance rent paid by the Hoosiers for one year of rent space at local mall:

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

The year end given in this question is December 31 and the prepaid rent is  paid for one year and since the rent is paid on October 1,  therefore, only expense in respect of 3 months i.e. from October to the December  will be recognised in this year in respect of rent expense. Remaining expense of nine months will be recognised in the next year.

The following adjusting Journal entry will be recorded in respect of rent expense in accounts on December 31.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3. The year end adjusting balance of prepaid rent and rent expense will be calculated as

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

4 0
2 years ago
Economists call pensions "defined benefits" plans, because:
xxMikexx [17]

Answer:

The correct answer is letter "B": pensions have traditionally been set as a fixed nominal dollar amount per year at retirement.

Explanation:

Pensions are retirement plans employees enroll during their working years. There are different types of pensions being the most common the <em>401(k), Individual Retirement Account (IRA), </em>and <em>Roth IRA</em> each one with particular features. What all of them have in common is that they allow retired individuals to receive a fixed stream of income per year after they officially stop working. Therefore, that is the reason why economists call pensions as "<em>defined benefits</em>" plans.

4 0
2 years ago
A coworker tells you that she put the wrong meeting date in a recent e-mail to an investor; subsequently, the investor missed th
arsen [322]

Answer:

C. Accept responsibility.

Explanation:

The readers are more open to bad news when they recognize someone else benefits or for themselves.

6 0
2 years ago
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