Nancy plans to purchase a new car. she has planned a holiday and hence wants to buy the car at the earliest. to make a quick decision, she first dismisses all the cars that do not have a rear-view camera. in this scenario, nancy's attitude toward the car purchase exemplifies the ) spiral modelb) conjunctive modelc) expectancy modeld) value-based modele) intractable model

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.