Answer:
Senior Manager.
Explanation:
The Senior manager has a substantial role in the company as they formulate objectives and policies of the organization. Manager's intuition, experience, instincts, and personal experience is needed to approach specific problems in a rational, logical and systematic way.
Senior managers have a responsibility towards the company ensuring that targets can be met and the company stays profitable. That is why they need to have a wide variety of skills to perform their jobs successfully.
Answer: The adjusting entries for the uncollectible accounts would be as follows: Debit Bad debt expense $277,500; Credit Allowance for doubtful accounts $277,500
Explanation: As provided in the question, bad debt expense is determined by the percentage of sales method. In this instance, it is estimated at 1/4 of 1% of sales. 1% of $102,480,000 = $1,024,800; 1/4 of $1,024,800 = $256,200. Please note that there was an existing debit balance of $21,300 in allowance for doubtful accounts (usually, it should have a credit balance), in order to reinstate the allowance for doubtful account to $256,200, we have to credit it with $277,500 ($256,200 + $21,300), by way of the journals above.
The effects of bad database design, implementation, and management are magnified in an environment in which the number of transactions is less than one hundred is False.
B. False
<u>Explanation:</u>
Database Design is an assortment of procedures that encourage the structuring, improvement, usage, and upkeep of big business information the executives frameworks. It helps produce database frameworks. That meets the prerequisites of the clients.
The way toward creating a point by point information model of a database containing all the required sensible and physical plan decisions and physical stockpiling parameters expected to produce a structure of a database. So the effects of bad database design, implementation, and management are magnified in an environment in which the number of transactions is less than one hundred is false.
Answer: E) Lessors provide a source of financing for lessees.
Explanation:
A Lease is a form of financing because in financing, an entity provides funding in the form of assets whether cash or otherwise to another entity to allow them use to operate their business. The entity that was provided with funding will then pay a periodic payment as a way to pay off the funding.
This is what happens in leases. The Lessor is the owner of the asset and they lease it to the Lessee who then uses it and pays a periodic amount to the Lessor for using the asset.
