What negative consequences might a company face if it fails to keep accurate financial records?

Answers

Answer 1
A negative consequences you may face is paying more taxes than what’s called for
Answer 2
1. Paying less or more taxes, which could cause legal issues.

2. Keeping accurate financial records allows a company to keep track of profits and losses, so they are aware of what is selling best (supply and demand). If this is not done, they may be spending more than they are making.

3. Companies may not stay within budget.


Related Questions

_____ is a team behavior demonstrated by performing the tasks assigned to your team role.


Participating

Sharing

Respecting

Questioning
THE ANSWER IS PARTICIPATING

Answers

Participating is answerrrrrr

The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along

Answers

Answer:

Explanation: B) Family dynamics will play a part in business relationships.

When a team agrees on the level of performance expected by each member, they have a _____.


shared standard

collaborative effort

unified commitment

team structure
THE ANSWER IS SHARED STANDARD

Answers

Answer:

shared standard

Explanation:

Teamwork refers to the collective approach towards the completion of a common goal. Methods and sources are agreed upon by each member of the team and the focus is relied on the achievement of the goal. Each individual works together and extend their efforts collectively. Shard standard refers to the level of acceptance on a particular point that each team member  agrees on. Merging at a certain point is very essential part of teamwork. Disagreement among the team members may cause the team work fall behind.

In addition to saving money, what are some other ways you can show financial responsibility?

Answers

Answer:

you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.

Explanation:

Stabilize your income. If you're a young person, get a job.
Set financial goals. Take a few minutes to set some money goals.
Educate yourself. Financial savvy is not something you're born with.
Make a budget.
Save money.
Learn about employment benefits.
Establish a credit profile.
Avoid expensive debt.

Worth 30 Brainly points

Which of the following reflects the application and scope of the Uniform
Guidelines on Employee Selection Procedures?

A. Provide standards for proper testing and other selection
procedures to help organizations comply with federal prohibitions
against discrimination.

B. Apply only to selection procedures used for making employment
decisions, not to recruitment procedures.

C. Apply only to those identified in Title VII. They do not apply to the
restrictions against age discrimination or discrimination based on
disability

D. Apply specifically to employment decisions such as hiring,
promotion, demotion, membership, licensing and certification.

Answers

Answer:

A

Explanation:

Sales tax in your community is 7.5%. If you go to Becks and buy a polar pop for $0.99, slice of pizza for $2.25, and chips for $0.75, what amount will you pay once the sales tax is added to your purchase?

Answers

Answer:

$4.29

Explanation:

Sales tax is a type of consumption tax. It is levied by the government or an agency of the government on the sales. Taxes increase the prices of goods and services

Total amount paid = total price of items purchased + tax amount

total price of items purchased = $0.99 +  $2.25 + $0.75 = $3.99

Tax amount = 0.075 x $3.99 = $0.299

Total amount paid = $4.29

* Question 29 of 50 > VA Check My Work You are considering buying a $700 refrigerator on an installment loan with nothing down and 12 monthly payments of $72.92. You could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $64.84. Your credit card company would also give you a cashback bonus of 1 percent for the purchase. How much would you save by using the credit card (round your final answer to the nearest dollar)?​

Answers

Answer:

$105.

Explanation:

Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:

72.92 x 12 = 875.04

64.84 x 12 = 778.08

778.08 - (778.08 / 100) = 770.29

875.04 - 770.29 = 104.74

Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.

What is an example of flame

Answers

Answer:

The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person.

Explanation:

Answer:

flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person.

Flaming is the act of posting or sending offensive messages over the Internet. These messages, called "flames," may be posted within online discussion forums or newsgroups, or sent via e-mail or instant messaging programs. ... Flaming often leads to the trading of insults between members within a certain forum.

Explanation:

Telling customers that they only have until midnight to get sale prices is an appeal to

A. ethos.

B. logos.

C. pathos.

D. kairos.

Answers

Answer:

D. kairos.

Explanation:

Telling customers that they only have until midnight to get sale prices is an appeal to kairos.

Answer:

It's d

Explanation:

Will Mark Brainliest!!!
Eric is the accountant for a trading firm. While posting entries in the books of accounts, he entered $2,500 into the salary account. However, the total salaries for the firm amount to $3,700. What type of error did Eric make?

A. error of omission or B. error of originality entry

Answers

Answer:

error of origional entry

When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit

Answers

Answer:

When setting prices of products, businesses want to make sure they can cover their costs and make:

D. a profit

The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.

What is businesses?

The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.

As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.

Learn more about on businesses, here:

https://brainly.com/question/15826604

#SPJ2

Scenario #1
You get a weekly allowance of $30 from your parents that is automatically transferred into your checking account. Tomorrow you are going to see a movie with your best friend which you often do. Your movie ticket and snacks cost $22, What is the best payment option for this scenario?

Questions:
Will you use cash, check, Prepaid card, Debit card, Credit card or P2P?
Why did you choose that payment option?
What are other possible payment decisions you can make?

Answers

I will use a debit card because my parents add my allowance to my checking account. Other possible payment decisions I can make are to use a check.

The correct option in the given scenario is to use the debit card because the interest rate in the checking accounts is low, and the another method to another method for payment is checks.

What is debit card?

A debit card is a kind of credit card. Means that the money can be withdrawn or the cost of acquisitions pay off straight from the holder's bank account without any payment of interest.

It is used in the checking accounts for the withdrawing of money, without giving the payment of interest. It is the simple and more quick way to make payments in comparison to the another cards and instruments.

The payment can be made by the other possible payment decisions like checks.

Therefore, debit card is mostly used by the checking account holders.

Learn more about the debit card, refer to:

https://brainly.com/question/1169716

Team players are sought-after employees
True
False

Answers

Answer:

true,

Explanation:

Someone asked me "hru" but I dont feel anything rn. Like, I don't feel good, bad, OR in between. What do I say?

Answers

Answer:

Maybe ask them how THEY are doing

Explanation:

How to convince people to buy your wine.

Answers

Answer and Explanation:

Talk them into it..

Answer:

either make an ad, or make the wine actually delicous and do not click-bait. click-baiting will have your chances on people buying your wine to a lower chance.

The warranty is an excellent tool for you touse to:A. Prove that your company has the best priceB. Explain your company’s return policyC. Reassure the customer about a product’s qualityD. All of the above

Answers

Answer:

d

Explanation:

have a nice day

Which descriptions offer examples of Maintenance, Installation, and Repair workers? Check all that apply.

Andy uses heat and tools to shape glass.
Mana sets up and takes care of industrial machinery in a factory.
Emma fixes medical equipment.
Pablo makes parts for precise tools and equipment.
Colin cuts keys and repairs locks.
Cynthia supervises workers who operate machinery in a factory.

Answers

Answer:

B, C, E or 2, 3, 5

Explanation:

Hope this helps!! Have a great day!!

Answer:

B,C,E or 2,3,5

Explanation:

2. Mana sets up and takes care of industrial machinery in a factory.

3. Emma fixes medical equipment.

5. Colin cuts keys and repairs locks.

You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the adjusted balance method, what is your new balance?​

Answers

Answer:

The new monthly balance will be $618.235.

Explanation:

Since you have a credit card account with a previous balance of $ 635, and you added two additional purchases for $ 75 and $ 50 during this billing period, and then you made a payment of $ 150 and your APR is 16.5%, to determine what is your new balance using the adjusted balance method, the following calculation must be performed:

(635 + 75 + 50 - 150) x (1 + 0.165 / 12) = X

610 x 1,0135 = X

618.235 = X

Thus, the new monthly balance will be $618.235.

Using the adjusted balance method, your new credit card balance is $618.39.

What is the Adjusted Balance Method

The adjusted balance method for calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle..

Data and Calculations:

Previous balance = $635

Additional purchases = $125 ($75 + $50)

Payment = $150

APR = 16.5%

Finance charge = $8.39 ($635 - $150 - $125) x 16.5%/12

Adjusted balance = $618.39 ($635 - $150 + $125 + $8.39

Thus, using the adjusted balance method, the new balance on the credit card is $618.39.

Learn more about the adjusted balance method at https://brainly.com/question/11355738 and https://brainly.com/question/9816383

PLEASE HELP!!!
Money going out of a business is called _BLANK_.

A. income
B. expenses

Answers

Answer:

Expenses

Explanation:

15pts-- multiple choice!

You want to invest some of the money you have earned from your part-time job. Since you do not have that much money to invest, you are looking for a risk-free option. All you want is to eventually get your money back with a little interest. Which investment strategy would be best for you?


Mutual funds


Stocks


Franchise


Bonds

Answers

Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)

What information about the competition would an entrepreneur want to open a house-cleaning business that was based upon a price-competition marketing strategy?

Answers

Answer:

The information regarding the competition that an entrepreneur would like to have to establish a business based on a price competition with other companies would be, precisely, the price at which they offer their products or services, as well as the price at which they get the inputs they use.

Thus, through this information, the entrepreneur could establish a business plan taking into account the profit margins of his competition, evaluating lowering the margins of his venture in order to capture a large market share, removing it from the competition.

How can you use feedback from your clients?
a. To practice reflective listening
b. To improve your effective communication
c. To improve your trust and rapport with your clients
d. To improve your skills and craft

Answers

the answer is d : the last one

1
8
10
TIME REMAINING
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What is the difference between profit and revenue?
O Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after
subtracting the production costs.
Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount
producers receive after selling a good.
O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after
subtracting the production costs.
O Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after
selling a good.
Noya
Submit

Answers

Answer:

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Explanation:

amougus

Complete the following sentence. Remember to spell correctly.
The market is in ___
until the price of goods reflects equal supply and demand.

Answers

The market is in Disequilibrium until the prices of goods reflects equal supply and demand.

List two things you could do now to further explore the career clusters you are interested in.

please help will give brainliest ​

Answers

-Reading and Researching. First, I strongly recommend that you create a separate and labeled folder for each of your top ten career/job options. ...

-Networking and Informational Interviewing

-Gaining Relevant Experience

Answer:

study the sybjects i wnt to do and pass the exsams

Explanation:

what is 349/36 + 34x6

Answers

Answer:

349/36= 9.694

34x6= 204

9.694 + 204= 203.694

Select the correct answer. oh
Brian is a healthy young man. He has been training with his teammates for a 50-yard dash for months. However, even with practice, he cannot
run fast enough to qualify. What is the most likely reason that Brian can't qualify?
O A. He is not eating the correct serving size of food during his meals.
OB. He does not have a well-defined goal or self-monitoring habits.
Ос. His genetics are influencing some of his skill-related fitness components.
OD. His teammates are not providing enough support.

Answers

Answer:

oc

Explanation:

i would be oc : his genetics are influencing some of his skill-related fitness components

I need help!

The management of a large hotel in your country is considering ways of increasing room occupancy during the five off-peak months of the year. The hotel has very good leisure facilities, including a spa with heated indoor pool and beauty treatments. It has a very large room that is only used for wedding receptions about 30 times during the year. The hotel's restaurant has a very good reputation for food quality and providing value for money.

Develop a marketing strategy that might be used by the hotel to increase room occupancy during the five off - peak months of the year.​

Answers

Answer:

For the off-peak months of the year, the best marketing strategy would be a combination of offering lower prices, and an increased spending in advertising.

The lower prices can attract potential customers who are otherwise unwilling to go to the hotel during the off-peak period, and the increased spending in advertising can attract more customer, enlarging the potential customer base, or customer pool.

what's the language spoken in Egypt?​

Answers

Answer:

Modern Standard Arabic

Explanation:

Answer:

Arabic thats the language of egypt because most them are Islamic

Check My Work You have a current credit card balance of $450.00, which you are paying off so you can close the account No new purchases have been added this month, and interest is computed on the average daily balance method. The APR is 18%, and the minimum payment is 39. If you make the minimum payment this month, what will the new balance be on the​

Answers

Answer:

$417.16.

Explanation:

Since I have a current credit card balance of $ 450.00, which I am paying off so I can close the account and no new purchases have been added this month, and interest is computed on the average daily balance method with an APR of 18%, and a minimum payment of $ 39, if I make the minimum payment this month, the new balance is determined as follows:

(450 - 39) x (1 + 0.18 / 12) = X

411 x 1.015 = X

417.16 = X

Therefore, the new balance would be of $417.16.

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