If ty chooses a smart phone simply because he perceives it to be rated highest on megapixels, which he believes is the most impo

Response:

Clarification:

I apologize, but I only need points, sorry to trouble you; please ask someone else, sorry;)

Answer:

C). Professional Conduct

Explanation:

Ethical conduct is defined by adherence to moral standards such as equity, honesty, and fairness. This type of behavior acknowledges individual differences and upholds equal rights and the dignity and integrity of all. It represents a crucial facet of ‘professional conduct’ fostering professionalism, healthy workplace interactions, mutual understanding, and enhancing productivity. Therefore, option C is the correct choice.

Answer and explanation:

Inflation refers to the rise in prices of goods and services over time. During such conditions, consumers experience a decline in purchasing power. Typically, in inflationary contexts, the government intervenes as a market regulator, increasing interest rates to counteract this economic phenomenon.

The most probable outcome of inflation is a rise in general prices in the market, but it can also lead to decreased investments and heightened unemployment.

Answer:

Explanation:

It depends on the situation.

If such a return is unprecedented, I would handle it myself based on the item. For example, if the item, like a screwdriver set, appears unused, I would approve the return autonomously.

However, if the item is personal or intimate, I would hesitate and seek managerial guidance, avoiding making the decision alone.

If there is a clear policy, I would consult it, likely involving a supervisor for confirmation, which is probably the most appropriate approach.

If many returns occurred that day, I would feel reluctant and ask for assistance.

Answer:

1.                                Damon Company

                     Bank Reconciliation Statement

                               October 31, 2018

Bank Balance                        

                                                                        Amount$

Bank cash balance as per statement             11,725

Add: Adjustment

       Deposits outstanding                               3,025

       (74,320 - 71,295)

       Bank error                                                  300

Less: Adjustment

         Check outstanding                                  1,485

         (72,467 - 70,983)

Bank balance as per Reconciliation              $13,567

Company's Cash balance

                                                                                   Amount$

Company's Cash balance as per General Ledger    8,397

Add: Adjustment

         Interest earned                                                    320

         Note collected                                                      5,000

Less: Adjustment

         Bank service fees                                                 150

Company's Cash balance as per Reconciliation         13,567

Thus, the accurate cash balance as of December 31, 2016 is $13,567

2. Required entries to modify the cash balance.

Date      Account Title and Explanation               Debit     Credit

31 Oct   Cash                                                            $5,320

                   Notes Receivables                                              $500

                    Interest revenue                                                 $320

              (For recording cash increase)

Date   Account Title and Explanation               Debit     Credit

31 Oct  Service charges                                        $150

                  Cash                                                                  $150

            (For recording cash decreases)