Accounting information is a method or technique of recording or tracking all the business related transactions of the company. It is very useful for the shareholders, workers, moneylenders and workers, etc.
The managers need to use this accounting information because of the following reasons-
Accounting information helps the managers in making financial planning decisions. It helps to forecast the future income and expenses of the organization.The accounting information helps the managers in decision making. Without accounting information, the manager will not be able to take accurate decision related to investment in the organization.The accounting information is also necessary for the financial health of the organization. It helps to know the budgetary details of the company that is how much is earned from the products and services.To learn more about accounting,
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Managers require accounting information for many things which are very crucial from the point of view of business. Some of them are listed below-
1. Financial Planning: Financial planning includes the preparation of a budget which is made to anticipate future incomes and expenses of the company. Hence, managers need accounting information that can be useful in preparing budgets and forecasts.
2. Decision-Making: The managers rely on accounting information for decision-making. Without reliable accounting information, the managers cannot accurately estimate the cost which can affect the decision-making ability of the managers. For example- the decision to invest in a project.
3. Monitoring financial health: The managers also need accounting information for overseeing the financial health of the business. Example- Monthly sales detailing the sales revenue earned from different products and services.
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The full set of procedures used to accomplish the measurement/communication process of financial accounting is referred to as the: A. Trial balance B. Accounting cycleC. Chart of accounts D. General ledger 39.
B) The accounting cycle is used to collect information, extract important data, journalize it in a general or specialized journal, post it in the appropriate ledger, and then communicate or transfer it to accounting information users.
What are the steps in financial accounting?In order to cut down on mistakes and losses, financial accounting procedures ensure that particular processes are carried out in particular ways. Standardization is essential for managing the accounting function, ensuring that necessary tasks are completed without being overlooked. Procedures also aid in the training of new employees.
What are the accounting procedure's four steps?The identification and evaluation of transactions, the recording of transactions in a journal, the posting of journal information to a ledger, and the preparation of an unadjusted trial balance are the first four steps in the accounting cycle. We'll start by outlining the steps and the supporting documentation.
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to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and loan characteristics, to predict risk levels.
To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.
Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.
An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.
Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.
Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).
Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:
Loan characteristics.Historical industry trends.Read more: https://brainly.com/question/1790872
An offeree whose acceptance is not a mirror of the offer has made a counter offer.
True
False
beau, a fashion design company, organizes an online contest. participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. based on those votes, beau will announce the winner and offer that individual a job at its firm. in this scenario, beau is involved in . group of answer choices brandjacking recruitment blogging crowdsourcing
In this scenario, Beau is involved in crowdsourcing. Thus, option D is correct.
Crowdsourcing is the process of gathering work, knowledge, or views from a sizable number of individuals who contribute their information online, on social media, or through mobile apps.
Some participants in crowdsourcing carry out modest chores freely, while others occasionally work as paid freelancers. For instance, traffic applications like Waze encourage users to self-report accidents and other occurrences on the road so that users may get real-time, updated information.
Crowdsourcing enables businesses to access a wide range of talents and knowledge without paying the typical overhead expenditures of in-house staff by allowing corporations to farm out work to people anywhere in the nation or the world.
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Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
never invest your money in ______ because it/they are extremely risky.
Never invest your money in high-risk ventures because they are extremely risky investments.
Never invest your money in high-risk ventures such as penny stocks, cryptocurrency, or speculative real estate deals because they are extremely risky.
Never invest your money in highly speculative assets because they are extremely risky. These may include penny stocks, cryptocurrencies, or unproven startup companies. Investing in these can lead to significant losses due to their volatile nature and lack of established track records. Always consider your risk tolerance and diversify your investments to minimize potential losses.
Hence , Never invest your money in high-risk ventures because they are extremely risky.
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A laboratory rat has received an injection of an appetite-stimulator that causes it to start eating voraciously. The _____ of the hypothalamus would be the most likely site of the injection.
The lateral hypothalamus specifically houses the primary appetite-stimulating neurons, making it the most likely site of the injection in this scenario.
What is the most likely site of injection for an appetite-stimulator in a laboratory rat?The lateral hypothalamus would be the most likely site of the injection to stimulate the rat's appetite.
The lateral hypothalamus is a region of the hypothalamus that plays a crucial role in regulating feeding behavior and appetite.
It contains neurons that are responsible for promoting hunger and increasing food intake.
These neurons release various neuropeptides, such as orexin and melanin-concentrating hormone, which stimulate appetite and trigger eating behavior.
When an appetite-stimulator is injected into the lateral hypothalamus, it directly activates or enhances the activity of these hunger-promoting neurons. This leads to an increase in the rat's appetite and causes it to eat voraciously.
It's worth noting that the hypothalamus as a whole is involved in the regulation of appetite and feeding behavior, with different regions playing distinct roles.
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It is a poor investment to have a certain amount of money set aside for emergencies.T F
Answer: Having a certain amount of money set aside for emergencies is not a bad investment.
Explanation: An emergency fund is an essential component of personal financial management. While an emergency fund may appear to be a passive investment, its purpose is to provide financial security and protection against unforeseen circumstances. Individuals can lessen the impact of unexpected expenses such as medical bills, car repairs, or job loss by setting aside a specific amount of money for emergencies.
To begin with, an emergency fund serves as a safety net, allowing people to avoid going into debt or relying on high-interest loans when faced with unexpected financial burdens. It provides financial stability and peace of mind by providing a financial cushion to fall back on in times of crisis.
Having an emergency fund can also help you achieve your long-term financial goals. Individuals who keep emergency funds on hand can continue to focus on other financial goals, such as saving for retirement, education, or investments, without fear of depleting their savings in the event of an unforeseen event.
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Which of the following is a reason you can be fired under an employment at
will policy?
A. The company relocates to a smaller facility.
B. The company learns that your parents were born in Russia.
C. The company suspects you are stealing inventory.
D. The company wants to hire a younger worker.
Answer:
A
Explanation:
Cause they might need new people if they relocate Nd might fire a lot of ppl if the working space is small
Carl, a partner at Bacrabs, an advertising agency, plans to open a branch of the agency in his hometown. He understands that the human resource (HR) requirements of the new branch would differ from that of its main office because of the differences in the nature and volume of work. Hence, he decides to examine what needs to be done in each position in the new branch according to the nature and volume of work. In the context of HR planning, which of the following concepts does this scenario best illustrate?
A. Internal recruitment
B. Management development
C. Employee selection
D. Job analysis
Answer:
D.
Explanation:
In Human Resource management, the term Job Analysis refers to process of analyzing and collecting the information of requirement and responsibility of a job. One of the duty of an HRM is to analyze the responsibilty that a job would require. It helps in identifying and studying the nature of a job and the right person to fill that position.
In Job analysis scenario, HRM is able to form what level of experience would a person need to have for the job, and necessary skills and knowledge that's required. HR in Job analysis is able to differ from the nature and volume of work.
So, the correct answer would be option D in the given scenario. It is because Carl is examining and analyzing the nature of new branch that would be different from its main office.
do investors earn interest on the asset, dividends from the asset, or capital gains from the sale of the asset?
Dividend income and capital assets are both sources of profit for shareholders and could result in tax obligations for investors.
What are Capital assets?A capital gain is a rise in an asset's worth over its acquisition price, such as in the case of a stock or piece of real estate. A capital gain does not occur until an investment is sold for a profit. A decline in the capital asset value relative to the asset's acquisition price, on the other hand, results in a capital loss. Until the asset is sold at a loss, the investor has not suffered a capital loss.
What is dividend income?A dividend is a payment made from a company's net profits to equity investors as a thank you for their investment. Most gains are maintained by businesses as retained earnings, which can be used for current and upcoming business operations. The remainder, however, is frequently distributed to shareholders as a dividend.
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climate gentrification results from complex intersections of natural stresses caused by climate change and the diffused effects of real estate markets. therefore, policymakers can do very little to rectify the effect of climate gentrification. true false
False. While climate gentrification arises from the intersection of climate change and real estate markets, policymakers can play a significant role in addressing its effects.
Policymakers can implement measures to mitigate the impacts of climate change, such as promoting sustainable development practices, investing in climate resilience infrastructure, and enforcing regulations to reduce greenhouse gas emissions.
Additionally, policymakers can implement inclusive housing policies, affordable housing initiatives, and equitable development strategies to mitigate the displacement and inequitable effects of climate gentrification.
By taking proactive steps, policymakers can work towards rectifying the effects of climate gentrification and promoting more equitable and sustainable communities.
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What is debt??????????
Answer:
Debt is something, usually money, borrowed by one party from another. ... A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
Answer:
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon
Explanation:
Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto
Which of the following statements is TRUE?
A. Your portfolio should have a higher allocation toward bonds
and cash equivalents right before you retire.
B. You should try to maximize your investment earnings right
before you retire.
C. Both A and B
D. Neither A nor B
What is the primary purpose of a trading bloc? (5 points) group of answer choices to foster political and social unity to lower manufacturing costs to reduce or eliminate tariffs to create free market economies
The primary purpose of a trading bloc is to reduce or to eliminate the tariffs. Option C is correct.
What is the trading blog?A trading bloc is a kind of intergovernmental agreement, frequently part of a regional intergovernmental organization, in which trade restrictions between participating governments are decreased or totally abolished.
Trade blocs can arise as independent agreements between states or as part of a regional organization. The fundamental purpose of that type of blog is to reduce or eliminate the tariff.
Therefore, option C is correct.
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The bylaws of a corporation
Multiple Choice
are filed with a state filing official and are a matter of public record.
establish its internal rules.
establish nothing, the bylaws of corporations are purely ceremonial documents.
set the price of an initial public offering of stock.
The bylaws of a corporation establish its internal rules and are filed with a state filing official and are a matter of public record.
Bylaws are the organizational regulations that a company has established for its board of directors, officers, and shareholders. The bylaws of a corporation are a legal document that outlines how a corporation will be run. The bylaws define the rules and procedures that govern the board of directors, officers, and shareholders of the corporation, as well as how the corporation will operate.
Because they are a binding legal document, bylaws must be filed with a state filing official. As a result, they are a matter of public record. The bylaws of a corporation establish the internal rules for the corporation. They govern the corporation's operations and management structure, such as how meetings are conducted and how officers are elected. The bylaws must be followed by the corporation's officers, directors, and shareholders.
The bylaws of a corporation are distinct from the articles of incorporation, which establish the corporation's existence and set out its basic structure. While the articles of incorporation are submitted to the state and approved by the state, the bylaws are internal documents that are used by the corporation. The bylaws of a corporation establish its internal rules and are filed with a state filing official and are a matter of public record.
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Who do you think has the most
influence?
Answer:
because the influence is an important
1. The formula for continuously compounded interest is A = Pe^rt, where A is the amount of money in the account, P is the initial investment, r is the interest rate, and t is the time in years. Using the formula, determine, to the nearest dollar, the amount in the account after 8 years if $750 is invested at an annual rate of 3%
Answer:
the amount in the account after 8 years is $954
Explanation:
The computation of the amount in the account after 8 years is shown below"
Given that
The formula for continuously compound interest is
Amount = Principal e^(rate) (time period)
= $750 × e^(0.03)(8)
= $954
Hence, the amount in the account after 8 years is $954
The same is to be considered by applying the above formula
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answer:
658
Explanation:
sugar-n-spice has been your brainchild, your life's blood. over the years, it has provided you not only with a creative outlet, but also economic results: profits, wages for your employees, and income for your suppliers who provide your company with fabric, trim, equipment, and so on. what type of economic utility does sugar-n-spice provide to its customers?
Form utility sugar-n-spice provide to its customers.
Utility is used to model well worth or price. Its utilization has advanced appreciably over time. The term became introduced first of all as a measure of pleasure or happiness as a part of the theory of utilitarianism with the aid of ethical philosophers consisting of Jeremy Bentham and John Stuart Mill.
Utility, in economics, refers to the usefulness or leisure a client can get from a carrier or precise. despite the fact that the concept of software is abstract, it is a useful manner to provide an explanation for how and why purchasers make their decisions. "Ordinal" software refers back to the concept of 1 true being extra useful or acceptable than some other.
Utility is a full-size idea in economics as it helps explain many aspects of deliver, demand, and pricing. gadgets that provide more cost have a tendency to have a larger market due to the fact they provide extra pleasure to customers. better degrees of call for normally lead, in flip, to better prices.
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benedetta, a high-tax-rate taxpayer, owns several rental properties and would like to shift some income to her daughter, jenine. vendetta instructs her tenants to send their rent checks to jenine so jenine can report the rental income. will this, shift the income from vendetta to jenine? why, or why not?
Because She is a high-tax-rate taxpayer who owns multiple rental properties and wants to transfer some income to her daughter Jenine.
She instructs her tenants to send their rent payments to Jenine so she can report the rental income. Benedetta's transfer of rental income from herself to Jenine would not change the fact that Benedetta is the legal owner of the properties, and When rental income is produced by the properties, it is Benedetta, not Jenine, who is obligated to report it to the IRS, even if the rent is paid directly to Jenine by the tenants, as in this case.
Therefore, in this instance, transferring the rental income from Benedetta to Jenine is ineffective in lowering Benedetta's tax burden, as Benedetta must still report the rental income to the IRS as her own. Furthermore, this is considered tax fraud by the IRS, as it involves purposefully concealing assets or income to avoid paying taxes on them.
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What type of business is formed with the primary purpose of serving its user- members? O A. Partnership B. Corporation O C. Sole proprietorship D. Cooperative
no linkss
Answer:
What was the answer?
Explanation:
Answer: it’s cooperative, I took the test.
Explanation:
ieiyeoemn you’re toxic.
Who pays the Medicare tax?
Almost everyone who works in the United States is obligated to pay Medicare taxes.
The Federal Insurance Contributions Act (FICA) mandates that companies deduct Social Security tax and Medicare tax from employee paychecks. The Self-Employed Contributions Act (SECA) also requires self-employed individuals to include Social Security tax and Medicare tax in their self-employment tax.
The U.S. Treasury holds trust funds for Medicare and Social Security levies.
The Hospital Insurance Trust Fund is where the Medicare tax is held and utilized to fund Medicare Part A. The Supplemental Medical Insurance Trust Fund, which is financed by beneficiary premiums, tax income, and investment earnings, covers the costs of Medicare Part B (medical insurance) and Part D (prescription drug coverage).
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corporation meaning in simple terms
Answer: A corporation is a legal entity that is separate and distinct from its owners.
When a company performs services for a customer, and the customer agrees to pay for the services at a later date, the transaction is recorded in which account?
In a market economy, decisions about which goods are produced are based
on:
A. what health care organizations suggest will be best for citizens.
B. what the local community has made for generations.
C. what the government decides is important for society.
D. what businesses believe will generate the most profits.
SUBMIT
Norm worked as a sales person for his firm. When he turned fifty, the office had a party for him. His boss made a lot of jokes about Norm getting too old to keep up with the younger staff. Those comments continued past the party for several months. Norm was fired six months later. When he filed a complaint for age discrimination, the boss defended his actions by saying Norm was fired for not meeting sales quotas. Norm had missed his quota for only one month, and he provided evidence that younger employees who had missed up to three months of the quotas were not terminated. Norm is attempting to show that:
Answer: the employer's defense was a pretext.
Explanation:
Norm providing evidences that him being fired was unfair shows that Norm is attempting to show that the employer's defense was a pretext.
A pretext simply refers to a false reason which covers the true intentions or motives of an employer. In this case, the employer didn't fire Norm because he didn't meet his sales quota but fired him because of his age.
Therefore, all the defense given by the employer shows that his defense was a pretext.
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.