Which of the following statements explain(s) how the accounting equation applies to businesses? Check all that apply. A. The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners. B. The equation applies to all transactions. C. The equation states that Revenues - Expenses = Assets. The relation of assets, liabilities and equity is reflected in the equation. D. The equation reflects the fact that, at any point in time, total revenues will always equal total liabilities and assets. E. The equation states that Assets = Liabilities + Equity.

Answers

Answer 1
Answer:

Answer:

The equation states that Assets = Liabilities + Equity.

The equation applies to all transactions and events.

The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners.

The relation of assets, liabilities and equity is reflected in the equation.

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Answer 2
Answer:

The statement accurately describes the fundamental concept of the accounting equation, which states that the total assets of a business must equal the total liabilities and equity.

The correct statements that explain how the accounting equation applies to businesses are:

A. **The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners.**

It highlights the balance between what a business owns (assets) and what it owes (liabilities and equity).

E. **The equation states that Assets = Liabilities + Equity.**

Explanation: This statement is a direct representation of the accounting equation.

It shows the relationship between a company's assets (what it owns), its liabilities (what it owes to external parties), and its equity (the residual interest of the owners).

This equation must always hold true in accounting.

The other statements (B, C, and D) do not accurately describe the accounting equation or its application to businesses:

B. The equation does not apply to all transactions.

It provides a framework for understanding the relationship between assets, liabilities, and equity, but individual transactions may involve specific accounts within these categories.

C. The equation presented here is not an accurate representation of the accounting equation.

Revenues and expenses are related to the income statement, while the accounting equation relates assets, liabilities, and equity.

D. This statement is not accurate.

Total revenues do not always equal total liabilities and assets; they are related to the income statement and do not directly affect the balance reflected in the accounting equation.

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B. associate’s, bachelor’s, master’s, doctorate
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D. bachelor’s, associate’s, master’s, doctorate

Answers

Answer:

The answer is B. associate’s, bachelor’s, master’s, doctorate

Explanation:

Associate: An associate's degree is a two-year post-secondary degree. An associate degree is a college degree granted, essentially in the United States, after a course of post-secondary examination enduring a few years. It is a dimension of capability between a secondary school confirmation or GED and a four year certification.  

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All of the following actions by the Fed would promote an easy money policy EXCEPTa. increasing the reserve requirement.
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d. announcing that it anticipates adopting an easy money policy. Please select the best answer from the choices provided A B C D

Answers

All of the following actions by the Fed would promote an easy money policy except for lowering the discount rate. The correct option is C.

What are the main goals of the Fed?

The Federal Reserve System has been assigned a dual mandate: to pursue both maximum employment and price stability. It accomplishes this through employing a number of policy instruments to regulate financial circumstances in order to stimulate progress toward its dual mission objectives—in other words, by implementing monetary policy.

The Fed's major instruments are interest rate policy and open market operations. The Fed can also adjust commercial banks' statutory reserve requirements or act as a lender of last resort to rescue failing banks, among other less usual options.

Thus, the ideal selection is option C.

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c. lowering the discount rate.

that action would not promote an easy money policy because is taken away discounts from investor that would spend money easier if the discounts would apply.

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Answers

Answer:

The answer is: D) All of the above

Explanation:

Obesity is nowadays considered a disease defined as a body mass index (BMI) of ≥30 kg/m2. In the US it is more common in women (40.4%) than in men (35%). It affects the general healthcare of individuals and therefore their productivity levels in an organization. Obese people show higher levels of absenteeism, disability, worker compensation claims, early retirement and lower levels of job productivity or performance.

It is also more expensive for a company to insure an obese worker due to their health problems and higher claim submission rates.

This is not necessarily true for every worker that suffers obesity or every type of job, but statistically compared to not obese coworkers, obese workers are not as productive and more expensive to insure. The way a company compensates that is by paying them less.  

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Answers

Gathering statistics online is an example of conducting the secondary research. Hence, option B is correct.

What do you mean by Secondary Research?

Secondary research mainly talks about the research involvement and coalition or the synthesis of existing research. Secondary research is beneficial nowadays for students. Especially those who are working continuously for their doctorate degrees or Mphil degrees. Since, the availability of Secondary Research is so in abundance, researching any particular thing is not a problem.

Secondary research mainly uses the data of the primary research which later helps in the building of the Secondary research. It helps in the data of analysis of a particular product.

Some examples of Secondary research which help in the success of the research are textbooks, meta-analysis, as well as the bringing of the newly taken review articles, which are also taken into consideration. Hence option B is correct.

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Which of the following is an example of secondary research?

A. Observing reactions to free samples

B. Gathering statistics online

C. Hiring a marketing firm

D. Conducting trial-and-error testing

The answer is, B. Gathering statistics online.

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Answers

Benefit of hourly wage.
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Answers

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