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quester [9]
2 years ago
5

Expenses ______ retained earnings; therefore, to increase any expense, one would ______ the expense account.

Business
1 answer:
Liula [17]2 years ago
6 0

Expenses decreases retained earnings; therefore, to increase any expense, one would debit the expense account

What does retained earnings mean?

Retained earnings are profits retained in the business  for reinvestment and for expansion purposes, in essence, expenses would reduce the retained earnings, the higher the expenses, the lesser the retained earnings become.

From a double entry point of view, an increase in expenses would be debited to expense account and a decrease is credited instead.

Find out more retained earnings on:brainly.com/question/15175380

#SPJ1

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Which extended ERP component collects information used throughout an organization, organizes it, and applies analytical tools to
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The extended ERP component that collects information throughout an organization and evaluates it is called <u>Business intelligence.</u>

<h3>What is business intelligence?</h3>

This is the component of Enterprise Resource Planning (ERP) that deals with collecting information from the entire organization.

This information would then be organized and prosessed after which it will then be used to guide the decisions of management.

Find out more on Enterprise resource planning (ERP) at brainly.com/question/14635097.

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8 0
2 years ago
When a company utilizies _______ it arranges for other organizations in the supply chain to perform functions that were previous
kobusy [5.1K]

Answer:

C

Explanation:

When a company utilizes outsourcing it arranges for other organization in the supply chain to perform functions that were previously performed internally.

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3 years ago
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2 years ago
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Dafna11 [192]
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7 0
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