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Questions in business

[Answered] Which of the following strategies is associated with distributive bargaining? A. Giving in to the other party B. Sharing vital information C. Pushing for settlement D. Coming to a middle resolve

[Answered] Why is it necessary to regularly check the budget once it's being used? A. To adjust everyone's spending limits B. To make sure the business is on track with its financial goals C. To predict future income more accurately D. To identify and categorize new expenses

[Answered] Which of the following risks is covered by a Directors and Officers (D&O) policy? 1. Mergers 2. Acquisitions 3. Takeovers Options: - All 1, 2, 3 - Only 1, 3 - Only 2, 3 - Only 1, 2

[Answered] What is one way a company can work to build relationships with its customers? A. A company can send a generic form letter to its customers to offer them a coupon. B. A company can call all of its customers once a week to check in and see how their lives are going. C. A company can send a personalized email to its customers when letting them know about a sale. D. A company can plan to have a large sale once a year as a "thank you" to its customers.

[Answered] Record journal entries for the following purchase transactions of Apex Industries. Transactions | Nov. 6 | Purchased 24 computers on credit for $560 per computer. Terms of the purchase are 4/10, n/60, invoice dated November 6. | |---------|------------------------------------------------------------------------------------------------------------------| | Nov. 10 | Returned 5 defective computers for a full refund from the manufacturer. | | Nov. 22 | Paid account in full from the November 6 purchase. | Journal entries: | November 6 | $\square$ | $\square$ | | |-------------|------------------------------------------|------------|-------------------------------------------------| | | $\square$ | | $\square$ | | | To record inventory purchased on account. | | | | | | | | | November 10 | $\square$ | $\square$ | | | | $\square$ | | $\square$ | | | To record inventory returned with a full refund. | | | | | | | | | November 22 | $\square$ | $\square$ | | | | $\square$ | | $\square$ | | | To record payment. | | |

[Answered] Support and collaboration in the workplace mean: a. Working in isolation to ensure your success is only attributed to you. b. Helping colleagues when needed and working together towards shared goals. c. Withholding information to maintain a competitive edge over colleagues. d. Only collaborating when it benefits your personal projects or goals.

[Answered] Balance Sheet as on 31.3.2023 | Liabilities | ₹ | Assets | ₹ | |---|---|---|---| | Capital | X | Plant | 90,000 | | Sundry Creditors | 1,00,000 | Debtors | 60,000 | | Creditors | 1,70,000 | Furniture | 12,000 | | Bills Payable | 30,000 | Stock | 50,000 | | | | Investments | 70,000 | | | | Bills Receivable | 16,000 | | | | Cash in hand | 32,000 | | | 3,80,000 | | 3,80,000 | On the above date the firm was dissolved. Sanjay was appointed to realize the assets. Sanjay was to receive 6% commission on the sale of assets (except cash) and was to bear all expenses of realization. a) Sanjay realized the assets as follows: Plant ₹72,000, Debtors ₹54,000, Furniture ₹18,000, Stock 90% of book value, Investments ₹76,000 and Bills Receivable ₹31,000. b) One of the Creditors for ₹1,300 did not claim the amount. c) Expenses of realization amounted to ₹4,500.

[Answered] EVALUATION | TRANSACTIONS | Assets | = | Liabilities + Equity | |---|---|---|---| | 1. | | | | | 2. | | | | | 3. | | | | | 4. | | | | | 5. | | | | | 6. | | | | | 7. | | | | | 8. | | | | | 9. | | | | | 10. | | | | Business Transactions 1. Owner invested 20,000 in the business. 2. Owner borrowed 30,000 from the bank as additional investment in the business. 3. The business purchased printer amounting to 1,000. 4. Rendered services and received the full amount in cash, 500. 5. Rendered services on account (receivable from customer), 750. 6. Purchased office supplies on account (payable to supplier), 200. 7. Had some equipment repaired for 400, to be paid after 15 days. 8. Mr. Alex, the owner, withdrew 5,000 cash for personal use. 9. Paid one-third of the loan obtained in transaction #2. 10. Received customer payment from services in transaction #5.

[Answered] Every sub-contractor knew that their quality had to be excellent to be considered for the project; it was their ability to deliver on time that would secure the lucrative contract. Quality was recognized as being a(n) ______ but on-time delivery was the ______. Options: - TQM, Six Sigma - order winner, order qualifier - Six Sigma, TQM - order qualifier, order winner

[Answered] 1. The following is one of the phases involved in decisions. a. Development b. Quality assurance c. Diagnostics d. Teamwork