Answer:
Cost Accounting
Explanation:
The branches of accounting that is primarily concerned with recording, classifying, allocating, and reporting current and prospective costs is cost accounting.
Cost Accounting is the collecting, recording, classifying, and appropriately allocating costs of an expenditure; and the categorization and reporting of all such costs either currently and prospectively.
Therefore a broader look at costing means that it entails
Collection of costs which are attributable to products or services
Classification of costs into material, labor or overheads
Recording the costs as they occur to avoid omission
Computation of total costs
Allocation of overhead costs to products and jobs
Reporting the total costs for the period and by extension the standard costs for future periods
Answer:
The correct answer is d. none of the choices.
Explanation:
A contract is an agreement, usually written, although it can also be spoken, by which two or more parties mutually commit themselves to respecting and fulfilling a series of conditions. It is a type of legal act involving two or more people and is intended to create rights and generate obligations, therefore transmitting rights and obligations to the parties that sign it.
It is governed by the principle of autonomy of the will, according to which, it can be hired on any subject not prohibited. The contracts are perfected by mere consent and the obligations arising from the contract have the force of law between the contracting parties.
Currently the contract is an economic instrument to negotiate, to meet needs. Contracts are used to agree on services, products, locations, among others.
Answer: The options available to Will include; the Keogh plan, the SIMPLE IRA and the ROTH plan.
Explanation: The Keogh plan is a tax- deferred benefit plan available to self employed individuals or unincorporations.
A Savings Incentive Match Plan for Employees Individual Retirement Account, "SIMPLE IRA" is a tax-deferred retirement plan provided by the employer that allows employees to set aside money and invest it to grow for retirement.
A Roth IRA is an individual retirement account that is generally not taxed upon distribution, provided certain conditions are met.
answer and explanation :
A bad debt is a specifically-identified account receivable that will not be paid and so should be written off at once, while a doubtful debt is one that may become a bad debt in the future and which it may be necessary to create an allowance for doubtful accounts.