Answer:
The accounting course choice would depend on a country/legislation where financial statements are prepared.
General advise would be:
- US GAAP external financial reporting - CPA course
- IFRS external financial reporting - ACCA course
- Local financial statement reporting - local course (e.g. for Polish GAAP - "biegly rewident").
Explanation:
Please, see above.
Answer:
d.accounting records continuously disclose the amount of inventory
Explanation:
Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:
Received inventory items
Goods sold from stock
Items moved from one location to another
Items picked from inventory for use in the production process
Items scrapped
The topic referred to above is Positive Economics.
Positive economics: It is the study of economics through an objective and analytical perspective. Most economists enumerate their future predictions on their past and present experiences i.e. what has already happened and what is happening in a particular economy. This investigation process is economically very advantageous.
Advantages of Positive Economics:
Policymakers can use positive economic theory to execute normative value judgments.
To learn more about Positive Economics, visit the following link:
brainly.com/question/14300080
#SPJ4
Answer:
Third step in control function is to take corrective action
Explanation:
Control function is one the important managerial functions where the manager compares actual performance with that of estimated by the management. In case of any deviation, the manager prepares the corrective course of action and communicates the same to the upper management.
The upper management keeps this feedback in mind while formulating goals and objectives in future. Here, Oliver compares actual performance based on number of defective parts set and takes corrective action if actual number of defective parts is more than estimated.
Answer:
The answer is option E) The type of analysis that Jamie is doing is best described as scenario analysis.
Explanation:
scenario analysis assesses the effect of changing all the input variables at the same time.
Scenarios being considered can relate to a single variable, such as the relative success or failure of a new product launch, or a combination of factors, such as the results of the product launch combined with possible changes in the activities of competitor businesses. The goal is to analyze the results of the more extreme outcomes to determine investment strategy.
In this case, scenario analysis is used in analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales price, and the cost estimates.
