Which account would be best suited to AI? (Artifical Intelligence)
A. Taxes
B. Retained earnings
C. Cash
D. Long-term liabilities
Answer : Taxes
as
in taxes a lots of rules, limits, clculations are involved which makes some time hard for humans to keep all the set of rules memorized so in such cases AI will be of great help or in other words we can say taxes are best suited to AI.
it is because of this that many software are developed for the purposed of taxes.
Hit Thumbs up if satisfied
Have any query mention in comment section please
Thank you
Which account would be best suited to AI? (Artifical Intelligence) A. Taxes B. Retained earnings C....
Which account would be best suited to Artificial Intelligence? Taxes Retained earnings Cash Long-term liabilities
15) Which account will appear on an After-Closing Trial Balance? A) Prepaid Expenses B) Retained Earnings, at the beginning of the period C) Dividends D) Sales 16) 16) Only two adjustments appear in the adjustments column of a worksheet for Winona Mfg: one to record $8.000 depreciation of factory equipment, and the other to record the use of $1,500 of prepaid insurance. If the Trial Balance column totals are $145,380, what are the totals of the Adjusted Trial Balance columns?...
A. On which two financial statements would the Retained Earnings account appear?Income Statement and Balance SheetIncome Statement and Statement of EquityBalance Sheet and Statement of Cash FlowsBalance Sheet and Statement of EquityB. On which financial statement would the Supplies account appear?Income StatementStatement of EquityStatement of Cash FlowsBalance SheetC. Services or products provided would be classified asRevenueAssetEquityLiability
2. which of the following is a functional ecosystem boundary that would be best suited for effectively managing an ecosystem? A) boundary indicating the area contained within fire Island national seashore B) boundary between New York State and Connecticut C) boundary around Garden city D) coastline surrounding the Long Island sound E) international border between the United States and Canada
An example of an adjusting entry would include: a. Closing revenues to retained earnings b. Purchase of office supplies on account (and remain unused). c. Interest owed on borrowed amounts. d. Collection of cash from customers. e. Dividend payments to stockholders. A company had the following transactions: 1. Receive cash in advance from customers, $400. 2. Provide services to customers on account, $500. 3. Pay cash for maintenance costs in the current period, $100. 4. Incur (but do not pay)...
a. Increase in retained earnings Investing X b. Increase in equipment Investing C. Increase in interest receivable Operating d. Decrease in bonds payable Financing e. Increase in unearned rent revenue Operating ✓ f. Decrease in prepaid insurance Operating g. Decrease in long-term investment Financing X h. Increase in accounts payable Operating 2. Indicate whether each of the changes in the balance sheet account activity. a. Increase in retained earnings Noncash activity X b. Increase in equipment Cash decrease C. Increase...
An EP grease would be best suited for which of the following? A. high speed. low pressure B. high speed. low temperature. C. Remains in a bearing for a longer period. D. is able to carry heavier loads.
Which of the following best describes the relationship between revenue and retained earnings? Multiple Choice A. Revenue represents a cash receipt; retained earnings is an element of stockholders' equity. B. Retained earnings is equal to assets minus expenses. C. Revenue represents the price of goods sold or services rendered; retained earnings represents cash available for paying dividends. D. Revenue increases net income, which in turn increases retained earnings. Which of the following is not a right of stockholders? Multiple Choice...
Retained earnings can always be described as: a.) The difference between assets and liabilities b.) Equal to the company's cash account c.) The amount of cash retained in the business d.) One source of financing a company's assets e.) more than one of the above.
Which technique would be best suited to separate a mixture of compounds that differ primarily by their boiling point, 110 °C versus 145 °C? thin layer chromatography infrared spectroscopy distillation liquid-liquid extraction reflux