1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
1 year ago
7

An account is defined as a record of the business activities related to a particular item. True or false?.

Business
1 answer:
Natalka [10]1 year ago
3 0

An account is defined as a record of the business activities related to a particular item. The given statement is true.

Business activities can be divided into three categories: operating, investing, and financing. The cash flow statement includes a list of the cash flows that were generated and used by each of these operations. Net income on an accrual basis is supposed to be reconciled to cash flow in the cash flow statement.

Manufacturing, storage, accounting, sales, mergers and acquisitions, the issue of securities, etc. are some examples of business activities. The prompt completion of these tasks enables the businesses to survive and compete in the market.

Learn more about business activities here

brainly.com/question/7924898

#SPJ4

You might be interested in
The price-elasticity of demand coefficient, Ed, is measured in terms of:_______
Kaylis [27]

Answer:

c. percentage change in price and percentage change in quantity demanded.

Explanation:

A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.

The price-elasticity of demand coefficient, Ed, is measured in terms of percentage change in price and percentage change in quantity demanded.

The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.

Generally, consumers would like to be buy a product as its price falls or become inexpensive.

For substitute products (goods), the price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.

If the price elasticity of demand for a product equals 1, as its price rises the total revenue does not change because the demand is unit elastic.

7 0
3 years ago
The price of diamonds is high, in part because the majority of the world’s diamonds are controlled by a single firm. This is an
kirill115 [55]

Answer:

Option (b) is correct.

Explanation:

This is a case of monopoly market condition where there is a single firm operating the whole market. The price of the products is set by the single firm and the buyers in this market are price taker. The monopolist can earn normal profit, losses and abnormal profit in the short run and can earn normal profit and abnormal profit in the long run.

In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.

5 0
3 years ago
Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institu
Sergio [31]

Answer:

1. Commercial banks

2. Life insurance companies

3.  Mutual funds

Explanation:

commercial banks

The commercial bank is a financial institution that accepts deposits and offer other services such as giving loans and other basic financial services to both individuals and organisations.  

Life insurance companies

The life insurance companies are financial institutions that provide lump sums otherwise known as death benefits to beneficiaries  of their policy holders upon their demise, provided that premium is paid on regular basis.

Mutual fund

A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual Funds are operated by professional fund managers, who invest the fund's capital and attempt to produce capital gains and income for the investors.  

One of the main advantages of Mutual Funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities. Each shareholder, therefore, participates proportionally in the gain or loss of the fund.​

4 0
3 years ago
You run a small Italian restaurant that does not yet serve pizza. In fact, your restaurant serves mainly pasta dishes and very l
pishuonlain [190]

Answer:

Q= 5714 pizzas

Explanation:

Giving the following information:

Your research shows that:

Pizza oven= $10,000.

Making the pizza= $5.00 per pizza.

To buy freshly made pizzas costs $6.75 each.

Q= (Fixed cost 1 - Fixed cost 2)/ (variable cost 2 - variable cost 1)

Q=(10000-0)/(6.75 - 5)

Q= 5714

6 0
3 years ago
Help help help help pelsss please please business
kolbaska11 [484]
B because to much of a increase could hurt the economy
5 0
2 years ago
Other questions:
  • Bailey Corporation manufactures and sells a number of products, including Product G. Results for last year for the manufacture a
    6·1 answer
  • Bob and Tom are two criminals who have been arrested for burglary. The police put Tom and Bob in separate cells. They offer to l
    10·1 answer
  • A company is preparing a bid on a government contract for 30 units of a certain product. There is some learning curve effect tha
    10·1 answer
  • For traditional retailers selling physical goods, _____ is the biggest constraint limiting a firm's ability to offer customers w
    14·1 answer
  • Twitter allows companies to reach consumers with ________.
    5·2 answers
  • What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?
    6·2 answers
  • How do you say no .....without saying no in PERSON?
    9·2 answers
  • In a capitalist system, what are the goods and tools that are used to make products?
    13·1 answer
  • What is the difference between a public relations specialist and a marketing professional?​
    11·1 answer
  • Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!