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Questions in business

📝 Answered - In general, what kind of people earn the most money? A. People with skills that are in high demand and high in supply B. People with skills that are in high demand but low in supply C. People with skills that are in low demand and low in supply D. People with skills that are in low demand but high in supply

📝 Answered - In general, a note receivable (N/R) is originally measured as the principal balance of the loan, reduced by an allowance for credit losses and adjusted for any discount or premium. The note is carried at amortized cost unless the fair value election is made. A noninterest-bearing N/R may be used when selling goods or providing services. Although an interest rate is not stated, it is implied in the face value of the note, and the interest is recorded as a discount to N/R, a contra account. This type of N/R is recorded at the FMV of the goods or the N/R, whichever is more determinable. If neither is known, the present value (PV) of the future payments is used. \begin{tabular}{|l|l|l|} \hline \multicolumn{3}{|c|}{Noninterest-bearing note receivable*} \\ \hline Notes receivable (face value) & XXX & \\ \hline Discount on notes receivable & & XXX \\ \hline Equipment & & XXX \\ \hline Gain on sale & & XXX \\ \hline \multicolumn{3}{|c|}{*The interest is implied in the face value of the note.} \\ \hline \multicolumn{3}{|c|}{Calculating the discount} \\ \hline Face value of notes receivable & & $xxx \\ \hline Less: Present value factor $\times$ Payment & & (XXX) \\ \hline Discount on notes receivable & & $xxx \\ \hline \end{tabular}

📝 Answered - A company issues 10% irredeemable preference shares. The face value per share is Shs. 100, but the issue price is Shs. 95. What is the cost of the preference share?

📝 Answered - Which of the following affects planning due to environmental uncertainties? (A) Dynamic business conditions (B) Fixed schedules (C) Stable goals (D) Routine tasks

📝 Answered - If you have already started an appointment with your next client, do your best to graciously thank your last client while maintaining contact with your current client. Select one: A. True B. False

📝 Answered - All of the following actions are ways to build rapport by giving the client helpful directions EXCEPT: A. have magazines or books available B. walk next to client and make polite conversation C. assist client when moving from one area to another D. help client take their coat off and offer to put it away

📝 Answered - A group accident and health insurance contract is between the A. Employer and employees B. Employer and insurance company C. Employer, employees, and insurance company D. Employee and the insurance company

📝 Answered - An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?

📝 Answered - Select the correct answer from the drop-down menu. Which option is an example of a personal activity that job seekers might mention in a career portfolio?

📝 Answered - If the discount on item B on store Gamma is Rs.400 and the ratio of cost price of item B at store Gamma and the cost price of item D at store Beta is 3:4, also the percentage profits on item B at store Gamma and item D at store Beta are 40% and 74% respectively, then what is the marked price of product D? A) 10000 B) 5000 C) 4000 D) 3000 E) None of these