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Ratling [72]
2 years ago
15

Because of its usefulness in CVP analysis, managers generally use an income statement in which format

Business
1 answer:
wolverine [178]2 years ago
8 0

Answer: Contribution margin income statement

Explanation:

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Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the bu
Shalnov [3]

Answer:

A. ceases to exist unless sold or taken over by Yoshi's heirs. 

Explanation:

A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.

One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.

I hope my answer helps you.

6 0
2 years ago
The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The
konstantin123 [22]

Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage.  At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations.  The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

7 0
3 years ago
The customer requires ICC(A). Considering that the insurance policies of China’s domestic insurance companies are all based on C
svetlana [45]

The Chinese insurance market has grown at a furious pace in recent years and will surpass that of the United States by 2029.

A strong economy, government investment, consumer awareness, and technology are fuelling China's growth in the insurance sector.

China's biggest insurance companies are among the largest companies in the world.

8 0
3 years ago
According to the FASB conceptual framework, the rele-vance of providing information in financial statements is subject to the co
Liula [17]

Answer:

B. Cost-Benefit

Explanation:

According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information

Once, the cost of such information outweighs the benefits of its disclosure then FASB framework terms it as not relevant.

Cost of Information

Financial reporting through the preparation of financial statements has a cost, these costs include provision, preparation as well as the audit of the information provided. The cost-benefit constraint basically intends to ensure that financial statements are most-effectively and most-efficiently prepared.

6 0
2 years ago
Enterprise software includes a database and thousands of predefined​ ________________.
Lelechka [254]

Answer:

business processes

Explanation:

Enterprise software includes a database and thousands of predefined business processes that reflect best practices

7 0
1 year ago
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