Answer:
The amount of cash collections from customers reported by Alex company for the year ended December 31, 2018 is $4,125,000.
Explanation:
Cash collection refers to the collection of cash from from an individual or a business whom invoice has been issued to. Any invoice unpaid are noted as being outstanding.
Cash collection fomular is therefore;
Cash collection = Sales on account + Cash sales + Decrease in accounts receivable
=$2,100,000 +$1,110,000 + $915,000
=$4,125,000
Answer:
One year from the date of the listing if the transaction is not consummated.
Explanation:
Retention period is the number of years as enforced by the law that a certain records must be kept compulsorily before it is eligible for destruction. The retention period shall be 1 one year from the date of the from the date of listing or closing of the transaction if the transaction is not consummated. Retention period is generally in many cases is 1 year and not more than that.
Answer:
A. Dr Wages expense 4,000
Cr Wages payable 4,000
B. Dr Interest receivable 1,500
Cr Interest revenue 1,500
Explanation:
Preparation of Journal entries
A. Based on the information given we were told that the company employees earned wages of the amount of $4,000, which will be paid on in January of next year which means that the Journal entry will be:
Dr Wages expense 4,000
Cr Wages payable 4,000
B. Based on the information given we were told that the company had earned the amount of $1,500 as interest revenue which means that the Journal entry will be recorded as:
Dr Interest receivable 1,500
Cr Interest revenue 1,500
Answer: D) Behavioral CQ(Cultural intelligence)
Explanation:
Behavioral cultural intelligence is defined as intelligence that gives ability to a person for changing their verbal and non-verbal interaction skills as per cultural situation or condition.This help in learning and dealing with new cultural aspects easily for advancement.
According to the question's statement, modification in verbal and non-verbal communication technique is being depicted while interaction with different cultures.Therefore, behavioral CQ is the nature of the speaker.
Other options are incorrect because cognitive cultural intelligence, motivational cultural intelligence and meta-cognitive cultural intelligence are not depicted through question's statement.Thus, the correct option is option(D).
Answer: Interpersonal Role
Explanation:
In this scenario, Scott Lawton is not performing an Informational role but rather an Interpersonal one.
There are three (3) roles of a manager that involve Interpersonal skills. This includes, Figurehead, Liaison and Leader.
The role of Leader is the relevant role here. Under this role for instance, Managers are supposed to exercise leadership and one way to do that is to hire and train staff to the best of their ability. By hiring Managers and training them, Scott plays the Interpersonal role of Leader to the managers who they then hope will be successful.
