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Lostsunrise [7]
2 years ago
10

Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financi

al risks, the company is most likely a
Business
1 answer:
iVinArrow [24]2 years ago
4 0

Answer:

sole proprietorship

Explanation: im guessing

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Which of the following is an example of the benchmarking function of the budgeting process? A budget demands integrated input fr
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Answer:

The benchmarking function of budgeting system involves the evaluation of performance of managers.

The correct answer is C

Explanation:

The integration of inputs from different business inputs and function is done at the planning stage of budgeting. It does not involve benchmarking.

Budgeting requires requires close cooperation between accountants and operational personnel. This is referred to as active participation in  budgeting. It helps to overcome behavioural challenges of budgeting.

Budget figures are used to evaluate the performance of managers. This is a benchmarking function of budgeting because it involves the comparison of performance of managers with established criteria so as to determine their level of success.                                          

The budget outlines a specific course of action for the coming year. This indicates that a budget is a financial plan that outlines future courses of action. This does not require benchmarking.

                                                                                                                                                                                                                                                                                                                                                               

7 0
3 years ago
Dr. wahls explains at great length the importance of diet to mitochondrial function, but if you had to simplify her message to f
Alla [95]

If the whole lecture about mitochondria was placed in a single tweet, it would be this one:

 

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3 years ago
Erie company has 500 units of capacity for their traditional product, Emu, and buys one point of automation. If Erie company’s c
11111nata11111 [884]

Answer: 2 years

Explanation:

The payback period is the amount of time that is needed for the required cash inflow of a project to offset the initial cash outflow that the business offsets. The payback period is when the initial outlay of an investment is recovered. There are two different methods used to calculate payback period. We have the average method and the subtraction method.

In the above question, the payback period is solved as follows:

Labour cost decreases by 10% for each unit.

Therefore,

= $10 × 10%

= $10 × 0.1

= $1 per unit.

In order to recover $2000, the business needs to sell the following;

= 2000/1

= 2000units.

If Eric sells 1000 units per year of Emu, it will take:

2000/1000= 2years

In conclusion, the payback period of the investment is 2 years.

8 0
3 years ago
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Answer:

The following are the answers to the question, using the FASB Acounting Standards Codification at the FASB website:

1. Topic 260, FASB Accounting Standards Codification is the topic number (Topic XXX) that provides the accounting for earnings per share.

2. FASB ASC 260-10-50-1

3. FASB ASC 260-10-50-2

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2 years ago
Describe the obama administration's strategy for holding the may 2009 health care reform meeting with the president and all inte
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3 years ago
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