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
19,709,986 questions answered
Popular Conversations
Given: y varies directly with x and has a constant rate of change of ...
Weegy: If y is 5 when x is 2.5 and y varies directly with x, y is 20 when x is 10. 5/2.5 = y/10 2.5y = 50 y = 50/2.5 ...
2/28/2015 11:24:34 AM| 5 Answers
Which of the following energy sources is attributed to Edwin Drake ...
Weegy: The following energy sources is attributed to Edwin Drake and had significant impact on industrialization during ...
2/28/2015 3:21:51 AM| 2 Answers
The oldest type of city government in America is the _______ form. ...
Weegy: The oldest type of city government in America is the D. mayor-council form. User: Which of the presidents ...
2/28/2015 11:31:00 AM| 2 Answers
What is the equation of the line, in slope-intercept form, that ...
Weegy: The equation of the line, in slope-intercept form, that passes through (3, -1) and (-1, 5) is y = -3/2x + 7/2 ...
2/28/2015 11:42:07 AM| 2 Answers
Who is Isabel Allende?
2/28/2015 12:07:31 PM| 2 Answers
Simplify: (2x)3
Weegy: 11(2x + 3) =(11)(2x) + (11)(3) =22x + 33 User: How much must you invest at one time in order to accumulate ...
2/28/2015 2:42:37 PM| 2 Answers
___________are a complex set of characteristics that make a person ...
Weegy: - - - are a complex set of characteristics that make a person unique, and are influenced by heredity, ...
2/28/2015 12:38:22 AM| 1 Answers
(x+3)(y+6)
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
2/28/2015 1:15:50 AM| 1 Answers
Which of the following inventions destroyed the first market for ...
Weegy: B. The automobile
2/28/2015 3:25:11 AM| 1 Answers
__________ made mass production relatively easy in many ...
Weegy: B. The power generator
2/28/2015 3:27:53 AM| 1 Answers
Weegy Stuff
S
L
P
L
P
P
Points 46 [Total 7932]| Ratings 0| Comments 46| Invitations 0|Offline
S
1
L
L
Points 11 [Total 7512]| Ratings 0| Comments 11| Invitations 0|Offline
S
P
C
L
P
L
1
Points 4 [Total 7311]| Ratings 0| Comments 4| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.