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Evgen [1.6K]
2 years ago
9

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through:.

Business
1 answer:
adell [148]2 years ago
7 0

Companies using the accrual concept of accounting to complete the measurement process at the year end through the recording of adjusting entries.

<h3>What is an accrual concept?</h3>

An accrual concept is one of the method which records the incomes at the time when it is earned or charges when it is incurred.

Adjusting entries are the entries recorded in the accounting books to close all the accounts at the year end. It helps in determining the correct amount of charges and revenues at the time of finalizing the accounting statements.

Therefore, the adjusting entries are used by the company to complete the measurement process while applying the accrual concept.

Learn more about the accrual concept in the related link:

brainly.com/question/17256489

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Which of the following factors does NOT influence financial planning?
EastWind [94]

Answer:

D

Explanation:

Investment is not defined until it is current and shown

8 0
3 years ago
An example of a stressor at the group level is
Marta_Voda [28]

An example of a stressor at the group level is an excessive job demands. The Option A is correct.

<h3>What is a stressor in group?</h3>

Also known as an interpersonal demands, means the pressures created by other employees. A group related stressors does include some factors like conflicts, poor communication, unpleasant relationship as well as fear of being ostracized from the group as a valued member.

While working with a superior, peers or subordinates with whom one does not get along can be a constant source of stress. Some people can effectively deal with conflicts and misunderstandings and resolve issues as they arise. Many, some find it difficult to do this and build internal stresses for themselves.

The lack of social support from colleagues and poor interpersonal relationships can cause considerable stress as, most especially among employees with a high social need. Sometimes, an individuals try to avoid these stresses by remaining absent as frequently as possible and even start looking for new jobs.

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5 0
1 year ago
Which aspect do you think is most important for an entrepreneur in order to achieve venture capital? Why?
Vinvika [58]

Answer:

savings

Explanation:

Because as an entrepreneur u need to save for the business you are doing

4 0
3 years ago
On 12/31/2015, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $
Sergio [31]

Answer:

Heaton paid a total of $52,500 as dividend during 2015

Explanation:

Dividends in 2015 = Previous year retained earnings - Current year retained earnings + Current year net income

Dividends in 2015 = 555,000 - 675,000 + 172,500

Dividends in 2015 = $52,500

Heaton paid a total of $52,500 as dividend during 2015

7 0
3 years ago
MC Qu. 17 Tower Company planned to produce 3,000 units... Tower Company planned to produce 3,000 units of its single product, Ti
zmey [24]

Answer:

From the list of options, Option A is the only correct one:

"the actual usage of materials was less than the standard allowed".

Explanation:

<em>Material usage variance</em>

A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite.

<em>Material price variance</em>

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite.

From the list of options, Option A is the only correct one

3 0
3 years ago
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