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OleMash [197]
2 years ago
11

exercise 1-1 (algo) classifying activities reflected in the accounting system lo c1 select the aspect of accounting associated w

ith the following activities.
Business
1 answer:
larisa86 [58]2 years ago
3 0

The activities reflected in the accounting system are:

  • 1. Analyzing and interpreting reports. - Communicating
  • 2. Acquiring knowledge of revenue transactions. -identifying
  • 3. Reporting debt owed to lenders. - Communicating
  • 4. Maintaining a log of sales transactions.- recording  
  • 5. Measuring revenue from a holiday sale.- recording
  • 6. Measuring the costs of a product. - recording
  • 7. Reporting the profitability of a product line. - Communicating
  • 8. Preparing financial statements. - Communicating

<h3>What are some aspects of accounting?</h3>

There is the communicating aspect which is related to how information from the financial statements are presented so that people have access to that communication.

Identifying refers to finding out the various accounting transactions. Recording refers to all aspects of noting down information in accounting and putting them in financial statements.

Find out more on aspects of accounting at brainly.com/question/26380452

#SPJ1

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1. Which one of the following is not considered part
LiRa [457]

The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

<h3>What is the exterior finish of a house?</h3>

The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.

A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.

Thus, the exterior finish of the house is:

  • An entry door
  • Cornice
  • Exterior wall coverings

From the given options;

  • The ceiling of a porch or breezeway is usually inside the house.

Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

Learn more about a house here:

brainly.com/question/1739912

7 0
3 years ago
Which of the following best describes the term customer contact points? Group of answer choices
kumpel [21]

Answer:

d.a customer interacting with a franchise employee

Explanation:

Customer contact points are avenues through which a company interacts with its customers directly. The modes of interactions include phone calls, written communication, online interactions, or one-on-one customer support.

Many businesses recognize the importance of customer contact points. They invest heavily to ensure that the customer gets a wonderful experience at the contact points.

6 0
3 years ago
Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
BigorU [14]

Answer:

B

Explanation:

Any auction is either “with reserve” or “without reserve.” And the answer how an auctioneer handles higher bids rests with the type of auction being conducted.

In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted.

Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder. In essence, the next higher increment represents the minimum bid.

4 0
3 years ago
By switching its sales agents to a sales neutral profit commission, the firm is trying to convince the agents a. ​Improve their
Vadim26 [7]

Answer:

Improve their compensation by pricing less aggressively

Explanation:

Sales agents mostly prefer to have their commission based on the sales turnover as this appears to guarantee a seemingly better return compared to profit based commission at the expenses of the producer. however , one of the ways of persuading them to accept a change to this attitude  is by introducing a switch to a sales neutral profit commission.With this , attention is shifted from generating a high sales volume at all cost.

Incentives and compensation should be modified to sales neutral , which will result to a change of behavior towards earning a higher compensation.

One of the changes that could come up to earn more is less aggressive pricing .

7 0
3 years ago
Why is it important to periodically remind the team of the organizational goals?
juin [17]
I think the correct answer from the choices listed above is option A. It is important to periodically remind the team of the organizational goals in order to <span>keep the daily activities on track by focusing whether they support the goals. Hope this answers the question. Have a nice day.</span>
8 0
3 years ago
Read 2 more answers
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