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jek_recluse [69]
2 years 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]2 years 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:

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A business segment reports segment revenues of $1.2 million, segment costs of $1.0 million, and allocated corporate overhead cos
topjm [15]

Answer:

d. decrease by $200.000.

Explanation:

The computation of the segment profit is shown below:

Segment profit = Segment revenues - Segment cost

                         = $1.2 million - $1.0 million

                         = $0.2 million or $200,000

Since the management want to drop the segment which results to decrease in the overall corporate profits that means the segment profit will also got decreased by  $200,000

The overhead cost is not relevant. Hence, ignored it

6 0
3 years ago
If a health inspector comes for a health inspection and there is no manager present the employee on duty should
Fittoniya [83]

Answer

If a health inspector comes for a health inspection and there is no manager present the employee on duty should ask for identification.

Explanation:

Food inspector can come any time for inspection usually they come according to posted facility hours. Late night bars with food can be checked till 11:00 pm.

Train your manager, front desk operator, chef or person in charge to check the inspector's credentials. Because some people have tried to enter restaurants as health inspectors but they were not from the health department. Chef and other trainees should follow the inspector when he goes to the kitchen or back door areas.

Manager or person in charge should assist him and answer politely if asked anything by him. If you will be polite and cooperative, an inspector will cooperate with you. He will give you time to give an explanation before he encircles the wrong things.

7 0
3 years ago
Read 2 more answers
The market price of xyz corporation common stock is $55 and its quarterly dividend is $0.60. what is the stock's current yield?
eduard

The market price of XYZ corporation common stock is $55 and its quarterly dividend is $0.60. 4.36% is the stock's current yield.

A stock's current yield is determined by dividing the annual dividend by the stock's current market price. In this example, the stock's annual dividend is found by multiplying the quarterly dividend of $0.60 by 4. This equals $2.40. So the current yield is 4.36% ($2.40 ÷ $55).

Common stock is a class of stock that represents ownership of a company. Holders of common stock, called shareholders, are entitled to: Voting rights to elect directors. Normally a shareholder can cast one vote for each share he owns.

Learn more about common stock at

brainly.com/question/25765493

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4 0
2 years ago
Making ethical decisions takes moral awareness, moral judgment, and moral character. Define each term and explain how you would
erma4kov [3.2K]

Explanation:

Ethical awareness means knowing the activities done in personal life or in business dealing. for example incorporating of New Business without aware of the product advantages or disadvantages to the society.Say for example a manufacturing industries of Chemical without knowing its side effects over the environment,animals and on man, if hazardous gas leak outside.

Moral judgement in business is very important as it indicates the decision taken by manager,firm, or any one in the organisation on behalf of the other is affect to the whole group.Whether the decision is right or wrong or doesn't affect the entire group negatively. example Giving salary less than in mentioned papers is not doing right thing to the personnel which is against company morals. Moral characters are the individuals who is judged by his or her consistent qualities.

7 0
3 years ago
Read 2 more answers
The following sentence has a mistake.
vaieri [72.5K]

The correct answer is  B. Place the cursor after the first "t" in "important" and press Delete

Explanation:

The sentence "It is very importtant to proofread all documents carefully" has a spelling mistake; this means one of the words in the sentence is not written correctly. This word is "importtant" because according to language conventions this word is written as "important"; therefore the first "t" should be deleted. Besides this, other words are written correctly and the general sentence is grammatically correct. Thus, to correct the sentence "place the cursor after the first "t" in "important" and press Delete.

4 0
3 years ago
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