Its great for documentation on income tax returns. A bank may require financial documentation of income statement, a cash flow statement, or a balance sheet before loaning you money. It will help identify sources of income and track debts.
Answer:
Endign inventory cost= $3,708
Explanation:
Giving the following information:
Purchases 378 units at $20
Purchases 54 units at $22
<u>Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the cost of the lasts units incorporated into inventory:</u>
Ending inventory in units= 180
Endign inventory cost= 54*22 + 126*20
Endign inventory cost= $3,708
Answer:
The answer is C.
Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.
What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.
Answer:
b. false
Explanation:
While conflict is an indicative source of disagreement on the team, it will not necessarily be bad for the team or bring it down and cause it to get out of control and out of the way.
Research indicates that if there is effective conflict management in teams, this can be an important source in their development and innovation, being noticeable as a constructive conflict, where there is positive reflection and debate on differences in work, for example, which can culminate in more creative solutions, greater participation of members, greater capacity for tolerance and determination to deal with conflicts and overcome them in order to achieve the team's goals.
Answer:
$3,017
Explanation:
Calculation to determine How much, expenses can the Spencers deduct
Airfare (one ticket) $1,300
(2,600/2)
Lodging $675
Meals $555 [($1,110/2)]
Less: 50% limit $278
$277 [$555-$278]
Registration fee ($580 − $120) $460
Car rental $305
Total $3,017
($1,300+$675+$277+$450+$305)
Therefore the expenses that Spencers can deduct will be $3,017