On September 1,Patterson Maintenance Company Contracted to Provide Monthly Maintenance

question 154

Multiple Choice

On September 1,Patterson Maintenance Company contracted to provide monthly maintenance services for the next five months at a rate of $2,700 per month.The client paid Patterson $13,500 on September 1.Assuming Patterson records deferred revenues using the alternative treatment,what would be the entry on September 1?

• A) Debit Cash and credit Unearned Revenue for $13,500
• B) No entry is needed until the services are performed
• C) Debit Cash and credit Service Revenue for $13,500
• D) Debit Prepaid Maintenance and credit Cash for $13,500

Identify the alignment of workforce planning practices with business strategy in Canadian organizations.

Understand the significance of designated groups in hiring practices within Canada.

Realize the importance of HR forecasting tools and the role of historical measures in determining human capital requirements.

Acknowledge the concept of human capital theory and its implications for investments in human resources.

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Definitions:

Creativity

The ability to generate new ideas, solutions, or innovative approaches.

Novel Ideas

Original or innovative thoughts or concepts that have not been previously considered or explored.

Unique Ideas

Concepts, perspectives, or solutions that are original and distinct from previously known ideas.

Naturalistic

Pertaining to observing and studying behavior in its natural environment without intervention or manipulation.