The General Ledger Shows a Balance of $23 678 in the Inventory

question 47

Multiple Choice

The general ledger shows a balance of $23 678 in the Inventory account at the end of the period.A physical inventory shows a count of $22 078.The adjusting entry would be a:

• A)debit to Inventory and a credit to Cash.
• B)debit to Cost of sales and a credit to Inventory.
• C)debit to Cost of sales and a credit to Cash.
• D)debit to Inventory and a credit to Cost of sales.

Recognize the role of human resources in creating a competitive advantage.

Understand the significance of evolving a company culture and its replication difficulty.

Distinguish between various social media technologies and their relevance to businesses.

Understand the stakeholder relationship between employees and employers.

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Definitions:

Corporate Philanthropy

The practice where a company allocates a portion of its earnings or assets to support nonprofit organizations or philanthropic endeavors.

Breast Cancer Campaign

A concerted effort aimed at raising awareness, funding research, or supporting those affected by breast cancer.

Philanthropic Marketing

A marketing strategy that incorporates charitable giving and social cause efforts into a brand's messaging and actions to enhance corporate social responsibility.

Legal

pertains to matters governed by law, including statutes, regulations, and judicial decisions.