Which account is an example of a contra-expense account?

Answers

Answer 1
its an expense account that follows credit, not debit
Answer 2

purchase returns because that was the answer i put on the same question and i got that right


Related Questions

True or false retirement plans may be contributory plans, meaning they are funded wholly by contributions from the employer.

Answers

I think It's False okie?

Final answer:

The statement given is false; contributory retirement plans like 401(k)s involve contributions from both employer and employee, are tax deferred, and aid retirees with inflation costs.

Explanation:

The statement that retirement plans may be contributory plans, meaning they are funded wholly by contributions from the employer, is false. Retirement plans can indeed be contributory, but the term 'contributory' indicates that both the employer and the employee make contributions towards the retirement fund. One of the most common types of contributory retirement plans is the 401(k), where typically an employee contributes a portion of their salary and the employer may match a certain percentage of these contributions. Funds in a 401(k) are invested in a range of vehicles, are tax deferred, and portable across different employers, which can help retirees in managing inflation costs compared to traditional pension plans.

In a group discussion, David found that the group was stuck. There were multiple interpretations of the problem without a clear solution. Which leadership role should David use to ensure progress in the discussion?

Answers

Are there option answers?

If an increase in income leads to an increase in the demand for a good, then the good is said to be:

Answers

The answer to this question is normal

An organization that attempts to improve the image and working conditions of people in a particular occupation is a

Answers

the orginization is called a professional organization

the answers for the quick check are b,d,a,c,d

PSI, a financial services consultant, estimates that over _____ million U.S. households have a net worth in excess of $1 million.

Answers

About 4 million households in US have a net worth in excess of 1 million. And from that 4 million, only about 1800 of them that excess $ 1 billion in net worth ( accordint to data in 2016)

During a business cycle expansion, total production ________ and total employment ________. increases; increases increases; decreases decreases; decreases decreases; increases

Answers

the logical answer to me is Increases and Increases

Simon templeton takes out $30,000 of a ten-year term life insurance when he is forty-five years old.
a. annual premium
b. quarterly premium

Answers

Explanation:

A. annual premium $334.80

B. quarterly premium $87.05

The annual premium on the term life policy equals $334.80 and the quarterly premium equals the $87.05.

What is a term life insurance?

This is a life insurance policy that covers the assured for a limited period of time. i.e. 5 years, 10 years etc.

Based on the calculation given, the annual premium on the term life policy equals $334.80 and the quarterly premium equals the $87.05.

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Janet reasons, "it is wrong to lie. however, it is okay to overstate my expense account on my recent business trip because i need the money, and my company has not given me a raise in the past year." in this scenario, janet is an employee who views ethics as _____.

Answers

The above scenario is an example of an employee who applies RELATIVE ETHICAL STANDARDS to fit the situation at hand.

It is absolutely true that what she is doing is wrong. However, she justified her wrongdoing to make it right into her way of thinking. Instead of thinking that she is stealing from the company, she justifies it as an increase in her pay though not given willingly.

The one-to-one relation between the inflation rate and the nominal interest rate, the fisher effect, assumes that the:

Answers

According to the Fisher effect, the real interest rate should remain constant. The Fisher effect was formulated by Economist Irving Fisher who studied the effects of inflation pertaining to interest rates. 

If an occupation is projected to grow by 13% over the next 10 years, how would you rate the job outlook?

A) Average
B) Steady
C) Strong
D) Weak

Answers

Final answer:

The job outlook for the occupation is considered strong with a projected growth rate of 13% over the next 10 years.

Explanation:

The projected growth rate of 13% over the next 10 years indicates a Strong job outlook for the occupation in question. A growth rate of 13% is considered above average and indicates a positive trend in job opportunities. It suggests that there will be an increase in demand for professionals in this field. The job outlook for the occupation is considered strong with a projected growth rate of 13% over the next 10 years. A growth rate of 13% is considered above average and indicates a positive trend in job opportunities.

Strategic plans translate tactical plans into specific goals and actions for small units of the organization and focus on the near term.
a. True
b. False

Answers

False it’s operational plans
Final answer:

The statement is false as it incorrectly defines strategic plans. Strategic plans are long-term and broad, while tactical plans focus on the near term and involve specific actions for smaller units within an organization.

Explanation:

The statement 'Strategic plans translate tactical plans into specific goals and actions for small units of the organization and focus on the near term' is false. In fact, it's the tactical plans that translate strategic plans into specific, short-term actions and goals for smaller units within an organization.

Strategic plans

are generally longer-term and involve the broader objectives and goals of an organization. They are designed to guide the overall direction and priorities of the entity. These plans consider an extended time frame and involve top-level management decisions.

Tactical plans

, on the other hand, take these strategic plans and break them down into specific, short-term projects and initiatives that can be executed by different departments or teams within the organization. They are focused on the near term and on turning the broader strategies into actionable steps.

Privacy concerns dictate that?

Answers

The correct answer for this question is this: (C) Business letters should be sent from a Post Office. Privacy concerns involved in a the privacy of a subset of data, which mostly involve in the right of mandating personal privacy. This usually pertains to protected data that are sometimes stored in internet or even hard physical copies.

Answer:

Mass e-mail address is entered in Bcc

Explanation:

Privacy concern is an act that promotes maintaining the privacy of personal information especially when information are shared through the use of internet facilities and every other from of two way communication. The aim is to protect identity theft that could lead to fraudulent acts against the victims.

It advises that information are protected as much as possible to prevent access by internet fraudsters.

When sending e-mail to multiple recipients, using the Bcc keeps the email of other people from exposure to other recipients .

One way for the federal government to increase tax revenues would be to enact either a vat or a national retail sales tax. the u.s. sales tax could be collected in the same manner and at the same time as state and local sales taxes. which tax would be less costly for the federal government to implement and administer? which tax would be less likely to cause jurisdictional conflict?

Answers

The federal government could avoid creating a new federal agency for collecting the tax. The federal government would have to create a new collection system for a national VAT. A national VAT would be less likely to cause jurisdictional conflict between the federal government and the states because states do not depend on VAT as a source of revenue.
Final answer:

A national retail sales tax could be less costly and simpler for the federal government to implement and might result in fewer jurisdictional conflicts when compared to a VAT, as it could be added to existing state and local systems.

Explanation:

In terms of cost and ease of implementation for the federal government, a national retail sales tax collected in conjunction with state and local sales taxes could be less costly and complicated to administer than a Value Added Tax (VAT). This is because it could potentially utilize the existing state systems for collection, reducing the need for new infrastructure and administration. However, a VAT is often considered more efficient in terms of tax enforcement and reducing evasion, but it requires a more complex administration system.

Regarding jurisdictional conflict, a VAT might present more challenges since it is applied at each stage of production and not just at the point of retail sale, possibly causing overlap and conflicts with existing state taxes. In contrast, a national retail sales tax could be added onto the current sales tax system with fewer jurisdictional issues, particularly if it is made clear that the federal government's role is simply to collect an additional percentage at the point of sale.

It is important to note that any federal sales tax, whether a retail sales tax or VAT, would need to be carefully structured to avoid undue burden on lower-income individuals, who typically spend a higher percentage of their income on consumption and would be disproportionately affected by such taxes.

A retail outlet has received complaints from customers that checking prices, finding out about stock, and checking out takes too long. What is one way that information systems could help this outlet address these complaints?

A. Information systems will generate more data about the stock.
B. Information systems could help automate these tasks.
C. Information systems will enable employees to help fewer customers.
D. Information systems will generate more data about prices.

Answers

The information systems could help the outlet address the issue because it can automate these complaint tasks.

The marketing information systems refers to the system where facilitate gathering, storing, analyzing of marketing data for use of managers to facilitate decision making.

The marketing information systems entails the section of internal​ databases, marketing​ intelligence and marketing research.

Hence, the information systems could help the outlet address the issue because it can automate these complaint tasks.

Therefore, the Option B is correct.

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Which of the following had the greatest influence on opening the Internet to the general public? A. The introduction of the graphical user interface B. The name change from ARPA to Internet C. The invention of hyperlinks D. The use of ASCII

Answers

A. The introduction of the graphical user interface 

The introduction of the graphical user interface had the greatest influence on opening the Internet to the general public. Thus, option A is correct.

What is the Internet?

The Internet is defined as an enormous network that connects computers worldwide. People can share data and exchange messages via the Internet from any location with an Internet connection.

The Internet is a worldwide network that connects billions of computers and other electronic devices. The Internet allows the user to access almost any information, communicate with anyone in the world, and do a lot more.

All of this is possible by connecting a computer to a Network, also known as going online. It enables effective communication to any part of the world via email and instant messaging. It enhances business interactions and exchanges while saving valuable time.

Therefore, option A is correct, that the introduction of the graphic user interface had the greatest impact on the public's access to the Internet.

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Why does the executive branch of the federal government not have the power to write new laws?

Magna Carta
Stare decisis
Due process
Rule of law
Separation of powers

Answers

Separation of powers.

Which describes risk aversion?
Question 10 options:

the personal satisfaction gained from consumption

weighing the extra costs and benefits of one more unit

reluctance for taking chances when making investments

buying goods according to what one wants or needs

Answers

Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.  

In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that. 

C: reluctance for taking chances when making investments

Information that is collected for the first time from original sources is called ________.

Answers

Information that is collected for the first time from original sources is called primary research.

Primary research is research you contact yourself. A few examples of ways to collect primary research are through surveys, focus groups and observations.  

Secondary research is information collected from other sources that once was primary research. Although they are complete opposite to get the most accurate research data it is best to use both primary research and secondary research in your market research. 

You own a jewelry store, and sales last month were $19,000. you had $3,000 in discounts and $1,750 in returns. calculate your net sales for last month.

Answers

To find your net sales you will follow the equation:
Net sales = Gross sales - returns, allowances and discounts

Gross sales = $19,000
Returns = $1,750
Discounts = $3,000

Net sales = $19,000 - $1,750 - $3,000
Net sales = $14,250

In 2009, __________ of all pedestrian fatalities were caused by impaired drivers.

Answers

Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.

In 2009, 17% of all pedestrians fatalities were caused by impaired drivers.

Ken works for a company that has many different departments , and there are vice presidents who oversee each department. What type of organization is Ken's company
A. Decentralized
B. Left-leaning
C. Right-leaning
D. Centralized

Answers

Answer:

A. Decentralized

Explanation:

In the business world, the decentralization of activities consists of the separation by departments in which each of these departments has a responsible and autonomous boss. This is the oporto of centralization, which consists in the control of all activities by a single manager. Decentralization is a common practice that aims to give more efficiency and control in the activities of a company.

A bank makes a loan for one year. the nominal annual interest rate is 7.5%. the real rate is 4%. over the course of the year, overall prices increase by 4%. this rate of inflation hurt the _____ because the actual rate of inflation was _____ than the anticipated rate.

Answers

Answer: bank, higher

The real interest rate is 4%.

The bank's nominal interest rate is 7.5%

Since nominal interest rate is [tex]Real Rate + Expected inflation rate\\[/tex], we can find the expected inflation rate as 3.5% ([tex]7.5% - 4%[/tex].

As long as the inflation remains below 3.5%, the bank will not feel the negative impact of inflation.

If it rises more than 3.5%, the bank will be negatively impacted since the value of the loan paid back to the bank will be lesser than the loan value when it was made.

In this case, inflation at 4% was greater than the anticipated inflation.

Which type of good do people buy more of as their income rises?

Answers

As ones income rises people buy more normal goods. Normal goods are broken up into two categories: necessities and luxuries. When you have more money than before, you are able to purchase more items and are 'less' careful with what those items are. An example could be getting a raise at work and buying new furniture or purchasing pre-made meals versus the ingredients that are cheaper and making the meal yourself. 

People buy more of what are called normal goods, such as luxury cars, European vacations, and fine jewelry, as their income rises. Inferior goods, like generic brand groceries and used cars, see a decrease in demand as incomes increase.

The type of goods that people tend to buy more of as their income rises are known as normal goods. Examples of normal goods include luxury items such as luxury cars, European vacations, and fine jewelry. These goods are often associated with higher quality and status and thus see an increased demand as individuals have more discretionary income. On the other hand, goods that see a drop in demand as income rises are referred to as inferior goods. Such goods typically include generic brand groceries and used cars; as people earn more, they tend to prefer name brand items and new vehicles.

What percentage of expensive bottled water is actually bottled tap water? select one:
a. 30%
b. 10%
c. 5%
d. 40%
e. 20%?

Answers

What percentage of expensive bottled water is actually bottled tap water?
D.40% 

Sometimes savings accounts earn a low rate when the balance is under a certain amount, and earn higher rates when the balance is more than a certain amount. This type of interest rate is called a _____.
-interest threshold
-variable interest rate
-fixed interest rate
-changeable interest rate

Answers

Variable interest rate

Answer:

variable interest rate

Explanation:

All savings accounts work with variable interest rates since the bank can change them at will at any time. Usually savings accounts use bonus rates to entice customers to save larger amounts of money. Banks set thresholds and as customers save more money and pass those thresholds, the interest rate that they get increases.

The _____ and _____ of many two-dimensional figures can be measured.

Answers

The length and width of many two-dimensional figures can be measured.
Both length and width are dimension of object. 
The length of the boundary of the two-dimensional object ( the line segments or curves that enclose it ) is called are of a two dimensional object.
The dimension width describes how wide the object is from side to side.

length and the width

Mary kay, avon, and other cosmetic manufacturers produce and market their products on a worldwide basis including countries like the united states, australia, india, and china. thus, the cosmetics industry serves as an example of __________.

Answers

beauty and cosmetics

A _____ is a group of employees responsible for an entire work process or segment that delivers a product to an internal or external customer. it is designed to give employees a feeling of "ownership" of a whole job.

Answers

the answer would be committee

A neighborhood swim club charges a one-time fee of $25 to join and $85 each month. If m is the number of months of membership and a is the total amount spent, then the variables are related by the equation a = 25 + 85 m. Which variable is the independent variable?

A. a

B. m

C. There is no relationship between the variables

Answers

Hello!

The independent variable is B) M-The number of months. 

In an equation, the independent variable is the one that can be changed freely, and changing its value will change the dependent variable. In this case, the number of months can be changed freely, as the individuals can choose how many months they want to be members of the club, so M is the independent variable.

The total amount spent will change depending on how many months the person stays at the club, so A is the dependent variable. 

Which economic player is most closely associated with the dual role of consumer and producer?
Question 3 options:

entrepreneur

factory owner

worker

shopper

Answers

worker

The economic player that is most closely associated with the dual role of consumer and producer is the worker because he produces goods with his work, and so a worker is a producer, but he also consumes other goods, so the worker is also a consumer.

Answer:worker

Explanation:

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