A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the ________.

Answers

Answer 1

Answer:

Imprest system

Explanation:

An imprest system is an accounting system where a fixed amount is reserved which needs to be replenished when required after a period of time. The source of the replenishment will be from another source for example from a bank account.

The imprest system only allows a replenishment of the amount that has been spent. For example of a petty cash account has $500 and $300 was spent that month, at the end of the month the $300 spent will be replaced.

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Nadya and Owen work at Purified Water Company. Nadya is a sales representative who works with Purified’s customers, including restaurants, grocery stores, and other businesses, as well as individual consumers. Purified closely supervises all of its sales reps, and dictates their schedules. Owen is an engineer who works in Purified’s water treatment plant, but does not deal with third parties. Refer to Fact Pattern 19-1. With respect to third parties, Owen is Purified’s a. employee and agent. b. employee, agent, and independent contractor. c. employee but not agent. d. independent contractor.

Answers

Answer:

c. employee but not agent.

Explanation:

Based on the information provided within the question it can be said that Owen is an employee but not an agent. This is because Owen is an engineer that has been hired by Purified Water Company to solve certain engineering problems, therefore he is an employee with certain authority. Even though he has some authority he still answers to individuals that are higher up in the hierarchy of the company and is not authorized to make decisions on behalf of the company, meaning he is not an agent.

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9. Each of the following is a business expense, except payment for *advertising
monthly rent
utility bills
equipment

Answers

Answer:

equipment

Explanation:

Equipment refers to tools or machinery used in the production of other goods and services for sale. They are not consumables, nor are they meant for sale. Equipment is treated as assets of the business.

Payments for assets is not an expense. Since the equipment will be used in many financial periods, its cost cannot be assigned to the purchase year alone. Payment for the equipment is treated as a capital or asset acquisition.

Two units of the same type of money must be the same in terms of what they will buy, which is the principle of (1 point) functionality. value. pricing. uniformity.

Answers

The answer to the question that is being presented above would be uniformity. The principle of uniformity states that two units of the same type of money must be the same in terms of what they will buy.

Answer: Uniformity

Explanation:

The term uniformity is the important factor in the society that helps us for identifying the people and provide the compatibility between the two or more products and the data system.

The uniformity is one of the principle which refers to the two units with the similar types of money that should be same with the same amount in the given data and system.

Therefore, Uniformity is the correct answer.

Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?Α.
2030
B.
2040
C.
2045
D
2050

Answers

Answer:

The correct answer is:D. 2050

Explanation:

Answer: 2050

Explanation: Treasury bonds are sold in $1,000 increments and have a 30-year maturity date.

Thus, 2020 + 30 years = 2050

Intruments of protection policy are?

Answers

Hi Ahmed

Instruments of protection policy are

1) Economic incentives

2) tradable permits

3)fees

I hope that's help !

Answer: Instruments of protection policy are

1) Economic incentives

2) tradable permits

3)fees

Explanation:

Money pooled from small investors and used to purchase government or corporate bonds

Answers

purchase government of course

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A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash​ fund, is known as the​ ________.

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A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the ________.