Question and answer
if a piece of research comes from a credible source, should you automatically trust it? why or why not?
I would trust it, because it did come from a credible source after all. The chances of it being inaccurate would be considerably lower than that from a incredible source.
Expert answered|lena.G|Points 251|
Question
Asked 8/14/2013 4:57:11 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
ods for accounting for uncollectible accounts, which is most straightforward to implement? User: Of the methods for accounting for uncollectible accounts; Allowance method, percentage of sales method, percentage of receivables method and direct write-off method, which is the most straightforward to implement and why?
Weegy: Of the methods for accounting for uncollectible accounts; Allowance method, percentage of sales method, percentage of receivables method and direct write-off method, [ which is the most straightforward to implement and why Receivables arise from a variety of claims against customers and others, and are generally classified as current or noncurrent based on expectations about the amount of time it will take to collect them. The majority of receivables are classified as trade receivables, which arise from the sale of products or services to customers. Such trade receivables are carried in the Accounts Receivable account. Nontrade receivables arise from other transactions like advances to employees and utility company deposits. CREDIT SALES Purchases of inventory and supplies will often be made on account. Likewise, sales to customers may directly (by the vendor offering credit) or indirectly (through a bank or credit card company) entail the extension of credit. While the availability of credit facilitates many business transactions, it is also costly. Credit providers must conduct investigations of credit worthiness and monitor collection activities. In addition, the creditor must forego alternative uses of money while credit is extended. Occasionally, a borrower may refuse or is unable to pay. Depending on the nature of the credit relationship, some credit costs may be offset by interest charges. And, merchants frequently note that the availability of credit entices customers to make a purchase decision. CREDIT CARDS Banks and financial services companies have developed credit cards that are widely accepted by many merchants, and eliminate the necessity of those merchants maintaining separate credit departments. Popular examples include MasterCard, Visa, and American Express. These credit card companies earn money off of these cards by charging merchant fees (usually a formula-based percentage of sales) and assess interest and other charges ... (More)
Question
Expert Answered
Asked 8/7/2013 9:48:53 AM
0 Answers/Comments
what are the disadvantages of using the percentage of sales method in accounting?
Weegy: The percentage of sales forecasting method is a type of forecasting that assumes most balance sheets and income statement accounts fluctuate with sales. [ This is a method of forecasting that makes many assumptions about the future and uses many variables. Predicting the future on past performances has many inherent risks. For this reason, there are limitations associated with the percentage of sales forecasting method. .............. ] (More)
Question
Expert Answered
Asked 8/7/2013 11:12:00 AM
0 Answers/Comments
How would you explain depreciation to a non-accounting person?
Weegy: If I was to ask four people what depreciation was, I'd probably get four different answers: 1.The amount of wear and tear on assets, 2.An allowance to help replace assets, 3.An accountant's device to reduce tax, [ or 4.A way of allowing for inflation. All four would be wrong. Accountants are not known for explaining things well - which may account for the above misconceptions - but I'll try to explain it so that: 1.You will understand something more about your accounts, 2.You can impress your bank manager and others with your accounting knowledge, 3.You will understand why depreciation is in your accounts and budgets but not in cash flow statements, 4.You can understand and prepare budgets better, and 5.You will be able to understand the accounts of - and make better decisions about - businesses you might consider buying or investing in. Article Source: ] User: How would you explain how depreciation is implemented? Weegy: Depreciation is simply the calculation of wear and tear on assets and is reported annually on your financial statements and utilized as a business expense when submitting tax returns. [ form of depreciation calculation and refers to reduction of the value as per a constant rate. ] (More)
Question
Expert Answered
Asked 8/16/2013 6:16:03 PM
0 Answers/Comments
21,573,056 questions answered
Popular Conversations
Solve 7x 6
Weegy: 7x + 1 User: 7 + 32 (-5 + 1) ÷ 2 User: 2(4x + 3) User: 4x + y - 2 = 0 User: What is the equation of the line, ...
7/6/2015 6:03:14 AM| 4 Answers
Ralph is 3 times as old as Sara. In 6 years, Ralph will be only twice ...
Weegy: The answer is 3x + 6 User: What is the slope of the line that is perpendicular to the line whose equation is ...
7/6/2015 7:23:07 AM| 4 Answers
2^-3
Weegy: (5)-3 is 2. User: Find the area of a regular octagon with apothem K and side of 10. Weegy: The area of a ...
7/6/2015 9:41:46 AM| 4 Answers
The ice cream shop has 80 different possible sundaes which include 1 ...
Weegy: 400 flavors. User: The first side of a triangle measures 4 in. less than the second side, the third side is 3 ...
7/6/2015 11:11:49 AM| 4 Answers
Which of the following is the general form of the equation 5x2 - ...
Weegy: The general form of the equation 5x^2 - 20x = 15 is x^2 - 4x - 3 = 0. User: Give the values of a, b, and c ...
7/6/2015 2:28:23 PM| 4 Answers
The Medical Unit is responsible for the development of the Medical ...
Weegy: The Medical Unit is responsible for the development of the Medical Plan, obtaining medical aid, and ...
7/6/2015 9:09:47 PM| 4 Answers
Integers are _____ rational numbers. always sometimes never
Weegy: A rational number is SOMETIMES an integer. User: Simplify -|-7 + 4|. -11 -3 3 11 User: Simplify 7t · s · ...
7/6/2015 11:07:01 AM| 3 Answers
Who was the leader of Iraq in 2003?
7/7/2015 1:38:07 AM| 3 Answers
Weegy Stuff
S
1
Points 170 [Total 681]| Ratings 0| Comments 170| Invitations 0|Online
S
1
L
P
1
1
Points 166 [Total 1572]| Ratings 1| Comments 156| Invitations 0|Online
S
Points 74 [Total 74]| Ratings 1| Comments 64| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 66 [Total 9595]| Ratings 1| Comments 56| Invitations 0|Online
S
1
L
L
Points 26 [Total 8406]| Ratings 0| Comments 26| Invitations 0|Offline
S
R
Points 8 [Total 210]| Ratings 0| Comments 8| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.