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max2010maxim [7]
2 years ago
15

What is the purpose of cost accounting iss?

Business
1 answer:
vitfil [10]2 years ago
3 0

The main purpose of cost accounting is to find out the cost of the various processes in the business so that selling prices can be fixed appropriately.

<h3>What is cost accounting?</h3>

This is an accounting method that allows companies to find out the cost of various processes and transactions they embark on.

Knowing these costs will enable the company to know the price it can charge on goods so that it can recoup these costs and make profits.

Find out more on cost accounting at brainly.com/question/24516871.

#SPJ12

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If the annual real rate of interest is 5% and the expected inflation rate is 4%, the nominal rate of interest would be approxima
serg [7]

If the annual real rate of interest is 5% and the expected inflation rate is 4%, the nominal rate of interest would be approximately 9% (5% + 4% = 9%).

What is real rate of interest?

An interest rate that has been prorated for inflation is referred to as a "real interest rate." The nominal interest rate is subtracted from the inflation rate to arrive at the real interest rate. The real interest rate is equal to the nominal interest rate less the inflation rate, to put it mathematically.

What is the inflation rate definition?

The rate of price growth over an extended period of time is known as inflation. The cost of living in a nation has increased, or prices have generally increased. These are examples of broad measures of inflation.

Learn more about real interest rate and nominal interest rat: brainly.com/question/13324776

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4 0
2 years ago
3. When you rely on other people too much, you could lose control of your life plan. Name
ANEK [815]

Answer:

First, a person must not depend on anyone in his work. A person must develop plans for his own development and the ability to do all his work on his own, but sometimes a person may be forced to use the help of others and this is not a mistake. We all need each other, but without using dependence as a permanent habit

6 0
3 years ago
what is the companys net income, according to the following data. credit sales 80000 cash sales 500000 opperation expenses on cr
natali 33 [55]

Answer:

$240,000

Explanation:

Note: <em>Question is incomplete and the complete question is attached as picture below</em>

<em />

Particulars                                       Amount

Total sales                                     $1,300,000 ($800000+$500000)

Less: Total operating expenses  <u>$900,000 </u>  ($200000+$700000)

Income before tax                        $400,000

Less: Corporate tax                      <u>$160,000  </u> ($400,000*40%)

Net Income                                   <u>$240,000</u>

8 0
3 years ago
"Roaming" is when people use a cell phone network different from their own.<br><br> True or False?
kap26 [50]

Answer:true

Explanation:

It refers to the mobile phone being used outside the range of its home network and connects to another available cell network.

4 0
3 years ago
Read 2 more answers
Under process model, organizational effectiveness is portrayed by having internal conflict where information flows easily both h
andreev551 [17]

Answer:

True

Explanation:

The process model is a model that represents the work flow for achieving the company goals and objectives

In the process model, the effectiveness of an organization would be portrayed by the conflict that occurs internally. It could be the situation when the flow of the information is in a horizontal way and in a vertical way and the functioning of the operations internally is quite smooth and works with trust towards individuals

Therefore the given statement is true

8 0
3 years ago
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