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Oliga [24]
1 year ago
15

Lements of financial statements do not include:_________

Business
1 answer:
lukranit [14]1 year ago
3 0

Lements of financial statements do not include monetary unit.

A monetary unit of currency, such as the US dollar or the Mexican peso. All transactions are measured in currency units and represented in book currency units. This is the currency unit commonly used in the country. For example, in the United States, all accounting records are kept in US dollars.

Crimes are committed for the purpose of obtaining financial gain in connection with money, or the mechanism by which it is introduced and circulated in the economy, or the monetary policy of the government.

Learn more about monetary unit here: brainly.com/question/24373500

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Answer:

It may be more expensive and time-consuming than using an intermediary

Explanation:

Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.

8 0
3 years ago
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In risk management what does risk control include
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Financial, operational, perimeter, and strategic risks.
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To determine a product selling price based on the total cost method, management should include: Multiple Choice Total product an
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If one wants to determine the selling price of a product using the total cost method, the management should use Total product costs plus a markup.

<h3>What is total cost method?</h3>

When using the total cost method, the company takes into account the full cost of producing the good in question. This includes total product cost only.

A markup is then added to the total cost to find a suitable selling price that allows for a projected level of profit.

Find out more on the total cost method at brainly.com/question/6480601.

4 0
2 years ago
The amount of uncollectible accounts at the end of the year is estimated to be $35,000, using the aging of accounts receivable m
vladimir2022 [97]

Answer:

$35,000

Explanation:

As the Allowance of Doubtful Accounts account  already has the balance of $12,000, and we need $35,000 at the end of the year. We know that Allowance of Doubtful Accounts account account has credit nature so it needed $23,000 ($35,000 - $12,000) to be adjusted at the end of the year to make the adjusted balance equals to $35,000. So, the adjusted account balance will be $35,000.

6 0
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strategic alliance

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