Question : 1.The accounting period the time a. the Controller decides to close : 1241810

Economics

1.The accounting period is the time

a. the Controller decides to close the books.

b. between selling a product to a customer and collecting the cash from the customer.

c. that it usually takes to journalize and post events to the ledger.

d. covered by the income, cash flow, and shareholders’ equity statements.

2.An event that affects assets, liabilities, or shareholders’ equity is considered to be

a. timely.

b. objectively measured.

c. relevant.

d. capitalized.

3.An event for which an appropriate monetary measure can be derived is considered to be

a. objectively measured.

b. economically viable.

c. relevant.

d. capitalized.

4.If an event is considered to change assets, liabilities, or shareholders’ equity with an appropriate monetary measure, then it is

a. considered a financial changing event.

b. listed on the U.S. stock exchange.

c. considered a debt or payable of a company.

d.recorded in the books of a company.

5.If assets are $1,100, liabilities are $600, and contributed capital is $200, then shareholders’ equity is

a. $500.

b. $1,700.

c. $800.

d.$900.

6.Alberto Company paid its insurance premiums for a two-year insurance policy on May 1, 2015, and recorded them in a prepaid insurance account. The adjusting entry required at May 31, 2015, to recognize the one-month portion for the month of May will

a.increase an expense account and increase a liability account.

b.increase an expense account and decrease an asset account.

c.increase an asset account and decrease an expense account.

d.increase a revenue account and decrease an asset account.

7.Vera Company acquired a new forklift in exchange for signing a 6-month, 10%, $20,000 note dated May 1, 2015. Vera agreed to repay the entire principal at the end of the 6-month period. Vera should:

a.record one month of interest expense only if the forklift runs as intended.

b.record all 6 months of expense when the interest is paid.

c.accrue one month of interest expense at May 31, 2015.

d.record the interest payments as prepaid interest when paid.

8.On May 31, 2015, the physical count of office supplies was $2,400. During June, supplies were acquired at a cost of $1,600 and the company debited the Office Supplies Expense account. At June 30, actual supplies on hand totaled $500. The credit part of the adjusting entry required at the end of June is

a.Office Supplies Expense of $1,900.

b.Office Supplies of $1,900.

c.Office Supplies Expense of $2,400.

d.Office Supplies of $500.

9.Liabilities are $3,000, retained earnings are $1,000, and contributed capital is $4,000. Assets must be

a. $4,000.

b. $8,000.

c. $5,000.

d. $6,000.

10.Which one of the following changes describes the receipt of $3,000 from the issuance of common stock?

a. Assets and shareholders’ equity increase by $3,000.

b. Assets and shareholders’ equity decrease by $3,000.

c. Assets and liabilities increase by $3,000.

d. Assets increase and shareholders’ equity decreases by $3,000.

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July 1, 2023

Write a sample cover letter that highlights why you would be ideal for a marketing position at a Company of your pick in Florida . In the cover letter, you need to mention the position and discuss the tasks that would be required of you in that position. You can address the cover letter to either a real or fabricated person/organization. Do not address it to “To Whom It May Concern” or “Dear Sir/Madam” or anything else-generic.

Cover Letter Content: • Includes your contact information, date, salutation/greeting (with hiring manager’s full name, title, company, address), body, closing, signature - i.e., major components of a cover letter. • Components are organized logically and overall the letter is attractive. • Letter is concise. • Audience is clear; addressed to real or fabricated person/organization. • Identifies specific position and why you would be ideal for it. Discusses tasks required for that position and knowledge of potential employer. • Discusses your relevant skills, experience, etc. that will make you ideal for the position. • Includes request for interview or meeting with specific manner of follow-up/reverse call to action, note of appreciation, and mentions resume in closing.

BELLOW IS A PART OF MY RESUME TO HELP WRITE THE COVER LETTER.

Summary

Motivated sales driven rental manager focused on attaining a motivated and competitive work environment along with dynamic operating conditions. Customer service oriented and methodical with strengths in accounts maintenance.

Skills

· Key accounts and territory management

· Capital improvement planning

· Systems and automation applications

· Brand management

Experience

Enterprise Holdings | Miami, FL

Assistant Branch Rental Manager

11/2019 – 11/2020

· Remained calm and professional in stressful circumstances and when dealing with unhappy customers, effectively diffusing situations.

· Met with each associate to establish realistic monthly sales goals.

· Strengthened product branding initiatives and coordinated effective marketing campaigns.

· Reviewed employee performance every week and delivered constructive feedback to improve weaknesses.

· Upheld internal standards and productivity goals to meet sales and growth targets.

· Identified growth areas requiring immediate improvement and rolled out marketing program, boosting branch's fleet 16%.

· Executed non-negotiable strategies to foster better customer service and promote positive and engaging environment for all.

· Drove profit increases by leveraging market knowledge and natural leadership talents.

Enterprise Holdings | Miami, FL

Management Trainee

05/2019 - 11/2019

· Ranked 1st place on the sales performance ranking for 4 consecutive months with a total additional revenue of $160,000.

· Achieved a 4-month Customer Service score of 87%, 3 points above corporate average.

· Ran daily sales reports to assess performance and make proactive adjustments.

Equinox | Miami, FL

Sales Associate

10/2017 - 06/2018

· Arranged special accommodations for guests to maintain optimal satisfaction

· Managed all front desk operations for busy high-volume Health Club.

· Confirmed transactional data by verifying name and payment information and clearly communicating costs and fees to patrons.

· Participated Management Assistance, handling member's accounts and payments.

· Supported Membership Advising participating in more than 100 memberships sold.