A Business Renders Services to a Client and Issues a Sales

question 140

Multiple Choice

A business renders services to a client and issues a sales invoice.The amount will be collected from the customer at a later time.Which of the following is true at the time the invoice is issued?

• A)Equity will decrease.
• B)Total liabilities will increase.
• C)Total assets will decrease.
• D)Net income will increase.

Understand the use and interpretation of genograms and eco-maps in family assessments.

Recognize the impact of individual behaviors and roles on family dynamics and goals.

Identify the functions and structures of families within societal and cultural contexts.

Analyze communication patterns within families and their importance in family functioning.

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Definitions:

Management Costs

Expenses associated with directing and controlling a business or organization.

Organic Design

A management and organizational structure approach emphasizing adaptability, teamwork, and decentralized decision-making.

Decentralized Authority

An organizational structure in which decision-making authority is distributed among various levels and departments, rather than being concentrated at a central point.

Narrow Spans of Control

An organizational structure where each manager has a limited number of direct reports, allowing for more intimate supervision and engagement.