Double-entry book-keeping is a waste of time and money because everything has to be recorded twice. Discuss.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
1 It m ight appear this way although it is per f ectly possible to operate an entity withou...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
A supervisor states, Integration testing is a waste of time. If each program is tested adequately, integration testing is not needed. Instead, we should move on to system testing as soon as possible....
-
Some marketers consider corporate advertising a waste of time and money. What are some of the reasons they feel this way? Take a position pro or con corporate advertising and defend it.
-
Is it a waste of time to detail the firms strategy in the business plan when the audience for that plan (e.g., venture capitalist) knows that things are not going to turn out as expected and, as a...
-
The article Mutational Landscape Determines Sensitivity to PD-1 Blockade in Non-Small Cell Lung Cancer (Science, 3 April 2015) described a study of 16 cancer patients taking the drug Keytruda. For...
-
Describe situations in which the shape and size of the work envelope of a robot (see Fig. 14.20) can be critical?
-
Malcolm Company uses the aging method of estimating bad debts as of December 31, the end of the fiscal year. Terms of sales are net 30 days. While preparing the aging schedule, the accountant became...
-
Suppose $X \sim N(0,1)$ and $W_{n} \sim \chi_{n}^{2}$ independently for any positive integer $n$. Let $V_{n}=X / \sqrt{W_{n}} / n$. a. We know $V_{n} \sim t_{n}$. Show that $V_{n}^{2}$ follows an...
-
1. Depreciation expense accounts would likely be found in the a. General fund b. Capital projects fund c. Debt service fund d. Enterprise fund 2. The government-wide statements of a state government...
-
Marketing Analytics 6.1 The Expanding Uses of Data Mining and Analytics in the Restaurant Industry** When Damian Mogavero, a restaurant group CFO, realized the vast need for improved data analytics...
-
Suppose the cost for Julia Walters (Problem) has changed, and now the carrying cost is $500 per month and the cost of ordering has been reduced to $200 with the cost of lost sales remaining at...
-
My accountant has got it all wrong, argued Freda. She's totally mixed up all her debits and credits. 'But what makes you say that?' queried Dora. 'Oh! I've only to look at my bank statement to see...
-
Corby is in business as a retail distributor. The following is a list of his transactions for March 2012: 1 Goods purchased from Smith on credit. 2 Corby introduces further capital in cash into the...
-
Student ID numbers. Determine whether the data are qualitative or quantitative. Explain your reasoning.
-
Individuals are exempt from purchasing insurance if their income is below the tax-filing threshold (in 2020, this amount was \($12,200\) for single people younger than 65 years and \($24,400\) for...
-
The amount of the premium tax credit is tiered based on income and is set so that individuals will not have to pay more than a certain percentage of their income for premiums (see Table 11.1). The...
-
Look at Table 24.4. What is easier to controltoxic chemicals leaching out of landfills or toxic chemicals in surface runoff? Defend your answer. TABLE 24.4 COMMON KINDS OF WATER POLLUTANTS Organic...
-
A \(1500 \mathrm{~kg}\) car is approaching the hill shown in Figure P10.32 at \(10 \mathrm{~m} / \mathrm{s}\) when it suddenly runs out of gas. a. Can the car make it to the top of the hill by...
-
San Francisco, California, has mild winters. Springfield, Missouri, has cold winters. Yet San Francisco is farther north than Springfield. Is it surprising to learn then that Springfield is colder in...
-
Have you ever worked for a company that was involved in a strategic alliance of some kind? How about a virtual organization? If so, how was the experience different from working for a traditional...
-
What is the mode?
-
Describe how to apply process and value stream mapping for process design.
-
What criteria are used to determine whether items are relevant?
-
Give an example of a direct cost other than materials or labour.
-
How is it collected and charged out to production?
-
Compare and contrast strategic leadership against other leadership models including situations that call for strategic leadership versus other models of leadership and why.
-
Describe the role of Leadership in healthcare. Describe the role of Strategic Leadership in healthcare. Describe the difference between Leadership and Strategic Leadership in healthcare.
-
What is a good Annotated Bibliography for the following three books? Re-Thinking Strategic Leadership in the Digital Age by Sabine Dembkowski Exploring the Concept of Strategic Leadership by...
Study smarter with the SolutionInn App