Budgeted Purchases = Sales units + Closing inventory - Beginning Inventory
= 5,000 + (1,000 * 130%) - 1,000
= 5,300 units
a. Helps in organising and analysing the data available.
b. Two such jobs are Data analyst, IT consultant, Cyber security analyst
c. They require expertise in their respective domain.
d. Requisite degree and work experience.
Explanation:
a. Information System has come as a boon to various job portals. It has increased the overall efficiency of the portals by efficiently organising and analysing the available data of various aspirants and the work portfolio of the business organisation. They help in optimisation of the work process by extracting information from the raw data of aspirant searching for a job.
b. Some of the jobs that require Information system knowledge are-
Data analyst
IT Consultant
Cyber Security
c. These jobs require expertise in their respective domains. E.g. Cybersecurity expert needs cyber expertise to under the technicalities behind the cyber aspect of the crime. A similar Data analyst needs to know about the modus operandi of handling a large amount of data.
d. One needs to have a requisite degree from a certified institution along with work experience for preparing for these jobs.
Answer:
4,800
Explanation:
![\left[\begin{array}{ccccc}Year&Beginning&Dep-Expense&Acc. \: Dep&Ending\\0&-&-&-&30,000\\1&30,000&6,000&6,000&24,000\\2&24,000&4,800&10,800&19,200\\3&19,200&3,840&14,640&15,360\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DYear%26Beginning%26Dep-Expense%26Acc.%20%5C%3A%20Dep%26Ending%5C%5C0%26-%26-%26-%2630%2C000%5C%5C1%2630%2C000%266%2C000%266%2C000%2624%2C000%5C%5C2%2624%2C000%264%2C800%2610%2C800%2619%2C200%5C%5C3%2619%2C200%263%2C840%2614%2C640%2615%2C360%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The double declining will be the straight-line rate times two.
straight-line = 1/10
double declining = (1/10) x 2 = 2/10 = 1/5 = 20%
The first year will be:
30,000 x 20% = 6,000 depreciation expense
then we calculatethe book value for the second year
30,000 - 6,000 = 24,000
now we clacualte the depreciation expense for the 2nd year
24,000 x 20% = 4,800
This process is repeat every year until the book value equalt the salvage value at the end of the 10th year.
Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
Closely associated with short-run ups and downs of economic
