Ace Builders Had the Following Transactions in June: Earned $4

question 98

Multiple Choice

Ace Builders had the following transactions in June: Earned $4 000 'on credit;' collected $3 000 from a customer which was owed from a previous month; incurred $500 of repair expense and paid cash to the repairman; paid $1 200 to a supplier that it owed from the previous month; paid out $800 in cash drawings to the owner. How much was the Profit in June?

• A)$5 700
• B)$500
• C)$3 500
• D)$2 700

Analyze the effects of globalization on cultural diversity and adaptation.

Assess how culture satisfies the physical and psychological needs of individuals.

Understand the stages of sleep and their characteristics.

Recognize the physiological and psychological effects of substance use and withdrawal.

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Definitions:

Legitimate Power

The authority granted to individuals in leadership positions as a part of their role, allowing them to influence others.

Organisational Position

A role or rank within a structure that defines job duties, responsibilities, and the level of authority.

Special Assignments

Tasks or projects assigned to an individual or group that fall outside their regular duties, often requiring special skills or knowledge.

Reward Power

The ability to influence others by offering them something desirable in return for their compliance or performance.