Answer:
The correct word for the blank space is: the purchases history.
Explanation:
Purchases history allows businesses to have an idea of what the preferences of its customers are or how they can change over time. It is a helpful tool firms can use to offer similar or complementary products that may be of interest to their customers and that may end up increasing the organization's revenues if the consumer makes the additional purchase.
Answer:
$0
Explanation:
There are two Step for the computation of casualty loss deduction if the casualty loss is personal
Step 1 Reduce $100 per casualty event from the casualty loss
Step 2 Reduce 10% of the AGI from the amount you get from step 1
Data
Loss = $2,500
AGI = $35,000
Deduction =?
Solution
Step 1 = $2,500 - $100 = $2,400
Step 2: $2,400 - ($35,000 x 10%) = $0
If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction
Answer:
$1,000
Explanation:
Beginning balance in supplies account = $200
The supplies account is an asset account and ordinarily should have a debit balance. If additional supplies of $1,400 were purchased during the month, it goes into the account as a debit.
If at the end of the month, only $600 of supplies was still on hand total supplies expense
$200 + $1,400 - supplies expense = $600
supplies expense = $200 + $1,400 - $600
= $1,000
The supplies expense is debited when supplies are used and the corresponding credit goes to the supplies account.
Answer:
False
Explanation:
While preparing the raw material budget for the period we calculate the total purchases to be made in the period concerned to meet the demand of raw material.
Demand in the period concerned = Total raw material required in production in current period + Total balance of inventory to be kept as closing inventory of current period - The opening available balance of inventory.
This is equal to the purchases to be made.
Thus, closing inventory is added and opening is deducted.
Therefore, the statement is question is not correct and is therefore, false.
Answer:
grapevine communication
Explanation:
According to my research on different communication methods, I can say that based on the information provided within the question the information has been exchanged through grapevine communication. This is a form of communicating in which information is spread rapidly between employees and superiors and does not follow any structure or rule-based system.
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