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Questions in business

[Answered] MSalah Enterprise is a business selling sports accessories. The following transactions took place in the month of November 2021. | Date | Transactions | |---|---| | Nov 1 | Mohamed, the owner, deposited RM50,000 of his cash savings into the bank account for business use. | | Nov 4 | The business paid RM10,400 rental deposit to Jordan Realtors by cheque. | | Nov 5 | Bought goods on credit from Andy Enterprise worth RM20,000. | | Nov 8 | Bought a computer for office use costs RM4,350 on credit. | | Nov 11 | Sold goods on credit to Jota Trading worth RM11,500. | | Nov 17 | Made a RM6,600 cash sales to Oxlade Supply Sdn Bhd. | | Nov 20 | Returned defective goods worth RM3,700 to Andy Bhd. | | Nov 23 | Paid Andy Enterprise RM5,400 by cheque. | | Nov 26 | Mohamed took goods worth RM1,200 for personal use. | | Nov 30 | Jota Trading returned goods worth RM1,500. Required: Identify the appropriate book of prime entry for all the above transactions.

[Answered] Which of these is NOT the responsibility of a producer? A. represent the insured B. represent the insurer C. collect initial premiums D. forward applications to the insurer

[Answered] The use of which of the following has increasingly replaced human and mechanical labor in production lines in recent times? A. animals B. solar energy C. nuclear power D. computers

[Answered] What is the purpose of the risk analysis section in a business plan? A. To outline the company's marketing strategy. B. To summarize the entire business plan concisely. C. To identify potential risks and uncertainties that may impact the company's success. D. To provide detailed financial projections.

[Answered] How can values influence a manager's decision? A. Discourage innovation B. Influence ethical choices C. Affect only finances D. Create conflict with leaders

[Answered] The parties to a lawsuit can submit their cases to arbitration through which of the following? A. Voluntarily B. Voluntarily or through a binding agreement between the parties. C. To appeal a Supreme Court ruling D. Through a binding agreement between the parties E. After the execution of properly drafted settlement agreement

[Answered] Which of the following refers to the cost associated with determining the condition of the property when buying a home? A. appraisal B. discount C. inspection D. origination

[Answered] Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006? A. Educational services B. Professional and business services C. Retail trade D. State and local government

[Answered] A customer is looking for a particular set of stamps. When you explain that unfortunately they are out of stock right now, she becomes angry.

[Answered] What are the phases included as part of the project management life cycle? (A) Project initiation and planning (B) Project tracking and monitoring (C) Project Closure (D) All the above