Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.
Redistricting is
A. the process of redrawing district boundaries.
B. carefully controlled by a commission of the United States Congress.
C. the drawing of district boundary lines for political advantage.
D. the process of allocating U.S. senators to districts.
Answer:
The correct answer is the option C: The drawing of district boundary lines for political advantage.
Explanation:
To begin with, the term known as "Redistricting" in the field of law refers exclusively to the process of drawing boundary lines regarding the different districts in the United States of America with the purpose of increasing the political advantage so that the people can understand better the system and who their representatives are in the district differenciated. With this method it is more possible for the citizens to increase their knowledge about the members they are voting for and therefore to choose wisely.
Analice el caso de Venezuela y comente que encontramos (inflación, deflación, o hiperinflación) y por qué cree que se da este fenómeno en este?
Answer:
En Venezuela existe un dramático caso de hiperinflación, que comenzó en noviembre de 2016, durante la actual crisis socioeconómica y política del país. El país ha experimentado una inflación continua e inevitable a largo plazo desde febrero de 1983 con una tasa de inflación anual de dos dígitos. De 2006 a 2012, el gobierno de Hugo Chávez redujo la tasa de inflación durante todo el período, pero la tasa de inflación volvió a aumentar en 2013 bajo el liderazgo de Chávez Nicolás Maduro y empeoró en los años siguientes con una inflación que alcanzó el 1,000,000% en 2018, y aun hoy continúa en cifras similares.
Este fenómeno ocurre principalmente debido a las altísimas tasas de emisión monetaria del gobierno venezolano, que financia su gasto público mediante la creación de dinero y no mediante la recaudación de impuestos o el comercio.
Will the current market situation cause the price to go up, go down, or stay the same?
Because Demand is up and supply is down companies are going to start demanding a higher price for their product since there are less on the market
Which ofthe following accounts are usually transferred to the Income Statement? *
1 point
a. Rent, premises, drawings
b. Drawings, rent, purchases
c. Commission received, rent, purchases
d.Purchases, furniture, commission received
Answer:C
Explanation:It is C because to get your commission they need to transferred to your Income Statement and for rent they need to know that you can afford to live there.To purchase big stuff they gotta look at your income to buy it.
(b Who is likely to pay lower taxes for the same level of income : A homeowner who pays $ 1,000 per month on a mortgage loan or a renter who pays $ 1,000 a month in rent ?
Answer:
The renter
Explanation:
The renter will not be taxed as the property in which he or she is staying is not his or her ownership. The government of most of the nations see the renter as a marginalized individual in relation to a home owner. The homeowner have to pay the taxes on the propriety, however, there will be deduction on such payments. Hence the renter will pay a lower tax.
Apples are selling for .15 cents per apple. The amount you buy is 823 apples, and you decide to sell those apples for .75 cents per apple. What is the total revenue for selling these apples?
Answer:
123.45 cents
Explanation:
Revenue = price per unit x quantity sold
0.15 x 823 = 123.45
multiple choice-- economics
Microeconomics focuses on all of the following EXCEPT
The effect of an increase in the tax on cigarettes on cigarette sales
The hiring decisions that a business makes
The effect of increasing the money supply on inflation
The purchasing decisions that an individual consumer makes
Answer:
The effect of increasing the money supply on inflation
Explanation:
Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
In conclusion, microeconomics focuses on all of the aforementioned statements except the effect of increasing the money supply on inflation because it is a macroeconomic factor.
A list of sources that is used for in-text citations that usually appears at the end of the document is called
Answer:
This is called an editors reference.
Explanation:
They typically appear in research papers on any documents that come from websites or 3rd party that can be credited.
performing EPS/EBIT analysis, how is the first row (EBIT) determined? A. Use the most recent year EBIT number plus or minus the impact of recommendations to determine a range. B. Use the most recent year EPS number plus or minus the impact of recommendations to determine a range. C. Use the most recent year Revenues number plus or minus the impact of recommendations to determine a range. D. Use the most recent year Cash number plus or minus the impact of recommendations to determine a range. E. Use the most recent year Retained Earnings number plus or minus the impact of recommendations to determine a range
Answer:
A. Use the most recent year EBIT number plus or minus the impact of recommendations to determine a range
Explanation:
In performing EPS/EBIT analysis, the first row (EBIT) is determined by "Using the most recent year EBIT number plus or minus the impact of recommendations to determine a range."
EBIT which stands for Earnings before interest and taxes is used to determine the operating earnings, profits, or profits before the application of taxes and interests.
Hence, it is measured by removing expenses from revenue before roving taxes and interests.
Beth needs to multiply the values of two cells in her worksheet. What should she enter into the formula bar?
=CD/D4
=CD+D4
=CD*D4
=(CD)(D4)
Answer:
C4*D4
must be the correct one but its not mentioned there
Answer:
I would say =(CD)(D4) it makes the most sense
Explanation:
The stage of land development during which utilities are installed, parks are constructed, marketing programs are initiated, and title to individual parcels is transferred as lots are sold for construction is called _____________.
Answer:
Disposition stage
Explanation:
Land development involves the series of processes in real estate or site development whereby all is set for the disbursement or piece wise distribution of lands for sale and further construction. At this disposition stage, all that is required is for the buyer to begin construction of the parcel purchased. After the individual or corporate owners must have put everything on place to inform and entice prospective buyers into falling for their property and parcel sales are set to begin. All these steps are embedded in the disposition stage.
The situation where the quantity supplied of a good is greater than the quantity demanded at
a specific price is called:
Answer:
Excess supply
Explanation:
Demand is the quantity required or requested by buyers while supply is the quantity of a good that a producer is able to supply to the buyer.
When demand is equal to supply there is equilibrium and no excess in demand or supply.
However when the amount supplied exceeds the demand for a product there will be excess product in the market. This is called excess supply.
Conversely when the quantity demanded is more than that supplied it is excess demand
please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
What type of business would you like to own and operate one day? What interests, skills, and abilities could you utilize in running your own company?
Answer:
A digital marketing company
Explanation:
If I were to choose a business to undertake, I would choose to open a digital marketing company, with consultancy and business for other companies to prosper and position themselves in the digital environment.
The internet and social media directly impacted the relationship between company and consumer, as communication became more direct and dynamic, so building a relationship with the customer helps in creating value and engagement for a company, which is converted into profitability and competitiveness.
A digital marketing company would help companies understand digital traffic tools and extract their benefits for the business, in addition to developing campaigns and strategies for reaching, retaining and creating value for customers.
In order to manage a company, regardless of any area, it is important to know and update yourself on the subject in which you are involved, to know its legal obligations and its public. It is essential to create an internal and external culture based on ethics, positive values and integration.
What other form of etching and
engraving can be done in addition to
machines?
A. by hand
B. by wood freezing
C. by computer
Select the statement which best describes the primary purpose of closing entries a. To complete the recording of various transactions which are begun in one period and concluded in a later period b. To determine the amount of net income or net loss for the period c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period d. To facilitate adjusting entries
Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Explanation:
Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.
The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Therefore, the correct option is C.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Answer:
Electronic Signatures in Global and National Commerce Act (ESIGN)
Explanation:
The act with its definition and remedial steps for mistakenly created e-commerce contracts is" Electronic Signatures in Global and National Commerce Act (ESIGN)."
The United States Congress passed the Electronic Signatures in Global and National Commerce Act (ESIGN) in 2000. It has its definition by defining some keywords or phrases such as "Electronic," "Electronic Record," Electronic Signature," etc., under section 106 of the act.
It also states the remedial steps for mistakenly created e-commerce contracts under another section.
State 2 problems a startup company might have rasining
finance
1. Fierce Competition
The corporate world is quite fierce. There is always a competition going on between the giants. Competition poses one of the biggest challenges for the survival of startup businesses. And if you have an online business startup, the competition gets tougher.
The competitive environment keeps the startups on their toes, as there is no margin of error available. Both B2B and B2C organizations always tend to feel the heat of the fierce competition. In order to survive in this competitive business environment that covers both traditional and online businesses, the startups need to play aggressively, and punch above their weight to gain the much needed recognition amongst the clusters of ever challenging and expanding businesses.
2. Unrealistic Expectations
Success does not come alone. It brings expectations with it. Most of the times, these expectations seem realistic, But in the real sense of the word, are merely unrealistic. This same concept holds true for young startups.
Startups tend to face challenges when they set ‘unrealistic expectations’ following a booming success. Remember, success is short-lived and expectations never end. This is where startups need to translate what the real expectations are? Sustainability is the name of the game. And sustainability requires consistent efforts.
Read the statements below. If the statement describes an appropriate use of e-mail select A. If the statement describes an inappropriate use of e-mail, select I.
A—Appropriate
I—Inappropriate
__ Courtney sent her expense report to her supervisor in an attachment.
__ George forwarded a chain letter asking for support for a local charity.
__ Fin sent a brief message to his friend about tonight's plans.
__ Sheila denied receiving an e-mail asking her to write a report.
__ Tori scheduled a meeting with her co-worker.
Answer:
I and A
Explanation:
Courtney sent her expense report to her supervisor in an attachment -- A,George forwarded a chain letter asking for support for a local charity. -- I.Fin sent a brief message to his friend about tonight's plans. -- I.Sheila denied receiving an e-mail asking her to write a report. -- I.Tori scheduled a meeting with her co-worker. -- AWhat is effective about the body (paragraphs 2 and 3) of the previous message?
Answer:
whats the previous message
4. Noah paid all of his bills and put a bit of money in savings for the month. He has a little bit of money left-over to spend on going shopping or going out with friends. This left over
money is also known as:
gross pay
disposable income
Insurance
debt
Answer:
Disposable Income
Explanation:
dis·pos·a·ble in·come
/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/
Learn to pronounce
noun
income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.
"the rents of tenants in work reached 21 percent of disposable income"
Answer:
the answer is disposable income
Explanation:
What is payment by cash?
What is it used for?
Answer:
payment by cash is when you pay for something by cash
Explanation:
Answer:
When you use cash instead of your card.
Explanation:
Lets say you are going to the shop, to buy something- You arrive at the till and realise that you have not got your card with you , but instead you have cash. So that is what payment by cash is
1. One advantage of sole proprietorship is:
A. -easing of starting.
B -availability of different talents.
C -unlimited life of the company.
D -double taxation
The specific techniques a hospitality and travel organization uses to divide the market is called what ?
Answer:
Market segmentation.
Explanation:
Been there. Done that.
4) When do credit cards charge interest? Do you pay interest on everything you buy
on a credit card?
Answer:
If you dont pay your balance , Yes you have to pay interest on everything you buy on your card because that is money from the bank so you have to pay your balance for them to get there money back.
Explanation:
Which of the following statements about the relationship between the financial market and the
economy is TRUE?
A. The financial market helps the economy grow.
B. The financial market only benefits companies in the economy.
C. The goods and services market influences the economy more
than the financial market.
D. There is no relation between the financial market and the
economy
Answer:
C
Explanation:
that makes sense more shdjdjjd
To find the net worth of a company, liabilities are subtracted from assets true or false
Answer:
To find the net worth, subtract the liabilities from the assets
Explanation:
Assets – Liabilities = Net Worth
If the assets are greater than the liabilities, the net worth is a positive number (which is good). But if net worth is a negative number, the business is not doing well.
Do you know your net worth Subtract your liabilities from yours?Net worth is a measure of what you own, minus what you owe; it's calculated by subtracting all of your liabilities from your total assets. Your home is probably your most valuable asset; other key assets include investments, automobiles, collectables, and jewellery.
What are assets and liabilities?
In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefits. Liabilities are what you owe other parties.
Learn more about What are assets and liabilities? here: https://brainly.com/question/25530656
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Have a good day!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :)
Answer:
hey you too!
Explanation:
love the positivity
thank you!! hope you do too :)
What is your starting salary?
A. How much you are paid during your first year of working.
B. The average amount people are paid for working that job.
C. How much you pay in taxes during your first year.
D. The average amount people are paid in your local area only.
On March 1st Harry Landscaping services provided $2,500 of landscaping services to LoneStar College Kingwood (LSC-Kingwood). Harry received full payment from LSC Kingwood on March 15th for the landscaping services. What is the journal entry for Harry Landscaping on March 1st.