Find errors in sentences and correct themQuestion 17.I need to make a groceries list for the week.A.weekB.groceriesC.makeD.listQuestion 18.Meeting the deadlines is crucial for project success.A.MeetingB.crucialC.deadlinesD.projectQuestion 19.Budget is essential for managing your finances.A.essentialB.managingC.BudgetD.finances

Time left 0:11:34Question 16Not yet answeredMarked out of 1.00Flag questionTipsQuestion textAll are the different kinds of budgets, EXCEPT:Question 16Answera.Rolling Budgetb.Operating Budgetc.Financial Budgetd.Electronic BudgetClear my choiceQuestion 17Not yet answeredMarked out of 1.00Flag questionTipsQuestion textAll of the following are components of prioritizing EXCEPT:Question 17Answera.Putting your tasks in a calendarb.Deciding which tasks are the most importantc.Procrastinationd.Put your tasks in a calendare.All of the responsesClear my choiceQuestion 18Not yet answeredMarked out of 1.00Flag questionTipsQuestion textThe Terminology activity is defined as:Question 18Answera.A specific task or set of tasks that are required by the project, use up resources, and take time to completeb.Used deterministic time estimates and allowed project crunchingc.The result of completing one or more activitiesd.The combination of all activities and events that define a project

1.Question 1Mary Jones wants to set up a monthly budget for her family. What are the pieces of information she should include? (Select all that apply.)1 pointChecking Account InformationExpensesIncomeCash Flow2.Question 2Kelly wants to create a family budget but is not sure how to set up the information and wants it to be the quickest option. Which option should she use?1 pointMake the budget from scratch on a blank spreadsheet.Open a template within ExcelDownload the latest Budgeting App on her Smartphone.3.Question 3Dan is looking to create a graph of where his spending is going in a single month. What piece of information does he have for his expense section to do this?1 pointDate the expense was documented.The difference in the planned and the actual expenses for the month.The difference in the planned and the actual income for the month.Percentage of how much of the expense is of his total expenses.4.Question 4Let's say you want to find the 3 biggest spend categories for your family in the budget. What is the best way to see that information?1 pointReviewing your checkbook entry to see what the three biggest checks you wrote for the month was.Creating a file with the most expensive bill for the month in the front and putting them in orderCreate a pie graph to see what the 3 largest slices are for your expensive.Looking at your budget spreadsheet and seeing the largest amounts you spent.5.Question 5You have entered your planned expenses and actual expenses for the month. You want to write a formula to see if you are over budget or under budget. Which of the formula below is the best one for this equation?1 point=Planned Income-Actual Income=Actual Income-Planned Income=Planned Expense-Actual Expense=Actual Expense-Planned Expense6.Question 6You have a blank spreadsheet and want to create a family budget by month on the worksheet. How should you set up your entries?1 pointWith just amounts and no differential information to see what it wasIn date order as they occurred like a checkbook ledgerSeparate sections for Income and Expenses with each showing planned vs actual and their difference.7.Question 7If you want to set up yearly budget tracking, can you do this all at once, say at the beginning of the year?1 pointNoYes8.Question 8You want to set up a formula to see what the amount of income your family had for the year on your yearly budget. Which of the following formula would you use?1 point=Actual Income-Planned Income='January'!C5+'February'!C5+'March'!C5+'April'!C5+'May'!C5+'June'!C5+'July'!C5+'August!C5+'September'!C5+'October'!C5+'November!C5+'December'!C5=Actual Income+Actual Income=Planned Income-Actual Income9.Question 9You want to find a template to create a budget. You are in the new file area, how do you find the type of template you need?1 pointOpen a blank spreadsheet and locate the template you need there.Type "budget" in the search bar located on the top of the new file page.Look at the list of spreadsheets below and pick the best one.10.Question 10You want to take multiple rows and create a large row for a title on your budge. What is the command you use?1 pointCenterMergeBordersFormat

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, the answer is 'E'.We are happyto know thatthe project completesstrictly as per the schedule.No error

ACCT 100 – Winter 2024Homework 7 - Chapter 7 HomeworkAnswers should be formed using complete sentences that are spell-checked and grammar-checked. Fora free spelling and grammar tool, see https://www.grammarly.com/1. LO 7.1 For each of the following, indicate if the statement reflects an input component,output component, or storage component of an accounting information system.A. A credit card scanner at a grocery store.B. A purchase order for 1,000 bottles of windshield washing fluid to be used as inventory byan auto parts store.C. A report of patients who missed appointments at a doctor’s office.D. A list of the day’s cash and credit sales.E. Electronic files containing a list of current customers.2. LO 7.2 Match the special journal you would use to record the following transactions.Select from the following:A. cash receipts journal i.Sold inventory for cashB. cash disbursements journal ii.Sold inventory on accountC. sales journal iii.Received cash a week after selling items on creditD. purchases journal iv.Paid cash to purchase inventoryE. general journal v.Paid a cash dividend to shareholdersvi.Sold shares of stock for cashvii.Bought equipment for cashviii.Recorded an adjusting entry for suppliesix.Paid for a purchase of inventory on account withinthe discount periodx.Paid for a purchase of inventory on account after thediscount period has passed3. LO 7.3 Catherine’s Cookies has a beginning balance in the Accounts Payable controltotal account of $8,200. In the cash disbursements journal, the Accounts Payable columnhas total debits of $6,800 for November. The Accounts Payable credit column in thepurchases journal reveals a total of $10,500 for the current month. Based on thisinformation, what is the ending balance in the Accounts Payable account in the generalledger?4. LO 7.4 Maddie Inc. has the following transactions for its first month of business.May 1 Credit sale to Green Lantern Inc. for $1,999May 2 Credit sale to Wonder Woman Inc. for $2,000May 3 Credit sale to Flash Inc. for $3,050May 4 Received $1,000 on account from Green Lantern Inc.May 5 Credit sale to Black Panther Inc. for $1,875May 6 Received the full amount from Flash Inc.A. What are the individual account balances, and the total balance, in the accountsreceivable subsidiary ledger?B. What is the balance in the accounts receivable general ledger (control) account?5. LO 7.1 All of the following information pertains to Green’s Grocery. Match each of thefollowing parts of Green’s accounting information system in the left-hand column withthe appropriate item(s) from the right-hand column. You may use items in the right-handcolumn more than once or not at all. There may be several answers for each item in theleft-hand column.A. Source document i.Check written for office suppliesB. Output device ii.Invoice from a supplier of inventoryC. Input device iii.Payroll checkD. Data and informationstorageiv.Time cardE. Information processing v.Computer softwarevi.Keyboardvii.Grocery store bar code scannerviii.Printerix.Flash drivex.Hard drivexi.The cloudxii.Computer screen6. LO 7.2 For each of the transactions, state which special journal (sales journal, cashreceipts journal, cash disbursements journal, purchases journal, or general journal) andwhich subsidiary ledger (Accounts Receivable, Accounts Payable, or neither) would beused in recording the transaction.A. Paid utility billB. Sold inventory on accountC. Received but did not pay phone billD. Bought inventory on accountE. Borrowed money from a bankF. Sold old office furniture for cashG. Recorded depreciationH. Accrued payroll at the end of the accounting periodI. Sold inventory for cashJ. Paid interest on bank loan7

Which of the following statement is incorrect?Select one:a. Budgets help managers tailor their operations to meet their financial goals.b. Budgeting is a numerical tool that help managers reach the financial goals in their business plans.c. A budget is a useful planning tool for businesses only.d. Budgeting is a financial plan for a defined period, often one year