1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
1 year ago
5

_____is recording, classifying, summarizing and interpreting of financial events and transactions in an organization to provide

interested parties needed financial information.
Business
1 answer:
alexandr1967 [171]1 year ago
5 0

<u>Accounting </u>is recording, classifying, summarizing, and interpreting financial events and transactions in an organization to provide interested parties with needed financial information.

<h3>What is the need for accounting?</h3>

Accounting is essential in the company because it allows you to track income and expenses, maintain statutory compliance, and offer quantitative financial information to investors, management, and the government for use in making business choices.

Therefore, <u>Accounting </u>is recording, classifying, summarizing, and interpreting financial events and transactions in an organization to provide interested parties with needed financial information.

Learn more about accounting:

brainly.com/question/26690519

#SPJ4

You might be interested in
Suppose that the required reserve ratio is 8.00 %. What is the simple money (deposit) multiplier?
77julia77 [94]

Answer:

12.5

Explanation:

Money multiplier gives the maximum amount money supply can increase to given the reserve ratio

Money multiplier = 1 / r = 1 / 0.08 = 12.5

8 0
3 years ago
Bob owns a trout farm with monopoly power in North Carolina. Bob's optimal output occurs where marginal revenue _____ marginal c
Neko [114]

Answer and Explanation:

C) equals marginal cost: is upward-sloping

8 0
2 years ago
Psari's, a company that sells fishing​ nets, provides the following information about its​ product: Targeted operating income $
Molodets [167]

Answer:

B. 66.67​%

Explanation:

Contribution is the difference between the company's total revenue and the total variable cost. The ratio of the contribution to sales or revenue gives the contribution margin ratio.

The contribution may also be derived from the addition of the fixed cost and the operating income.

Contribution margin

= $115,000 + $54,000

= $169,000

Let the number of units to be sold to achieve targeted income be U

6U - 2U - 115,000 = 54,000

4U = 169,000

U = 42,250

Contribution margin ratio = 169000/(6 * 42,250)

= 66.67%

6 0
2 years ago
Chez Dove is an independent coffeehouse/bookstore that went bankrupt only eight months after opening due to an unexpected demand
emmainna [20.7K]

Answer:

Management

Explanation:

Better cash management ensures survival of any firm if well handled and managed.

A Cash Management Strategy includes the use of Banks, Saving & Loan Associations, Credit Unions, and other financial institutions provide a variety of financial services or the use of Account services provide customers with online banking offering deposits, investments, credit cards, loans, mortgages, rewards programs and others.

Effective Cash Management Rules involves: balancing your checkbook regularly and Pay your bills on time

And others.

3 0
2 years ago
Monsanto just came out with a new genetically modified seed that it believes will increase crop yields. The seed has been modifi
Lesechka [4]

Answer:

The answer is genetically engineered food or genetically engineered crop.

Explanation:

The scientists inform the farmers during the visit about how the seeds will increase their crop yields. This is most likely an example of____genetically engineered food______.

Because Mosanto modified the seeds DNA to improve than. Most of us have been eating genetically modified food for the past twenty years without knowing. And, in my opinion, that is the reason why we have more cancer, infertility, syndromes, and our kids are achieving puberty earlier. More than 50 different designers crops have passed through federal review process and about a hundred more are undergoing field trials.

The whole issue is that we totally lost control of what we are actually eating.

6 0
2 years ago
Other questions:
  • Which of the following are fixed costs in the federal budget
    8·1 answer
  • Which type of consumer products are frequently purchased with little​ planning, little comparison or shopping​ effort, and low c
    12·2 answers
  • If a corporation has only one class of stock, the account is entitled Common Stock or a.Owners' Stock. b.Preferred Stock. c.Capi
    14·1 answer
  • The money spent by firms in order to produce and sells their goods and services is called
    11·1 answer
  • Given an actual demand of 63 a previous forecast of 58 and an alpha of .3 what would the forecast for the next period be using s
    6·1 answer
  • Which tool(s) of monetary policy would the Federal Reserve use if it wanted to increase the money supply?
    14·1 answer
  • If a multinational company in England pays cash for a factory in India then the company in England has a
    15·1 answer
  • Other types of capital expenditure proposals may also sometimes be paired as either/or choices. Which of the following proposal
    5·1 answer
  • Operational planning should be completed by ________, and tactical planning is done by ________.
    6·1 answer
  • What is the corpus callosum?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!