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2 years ago

The final step in recognizing the completion of production requires a company to?

1 answer:

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'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.

Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.

The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.

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To join together against and have nothing to do with a person, business, nation, employer, or anything else in order to coerce o

solmaris [256]

Answer:

boycott.

Explanation:

Boycott -

It refers to the practice of intentionally not using or stop to using certain products of some specific company , country or person , is referred to as boycott .

The step is also considered to be the part of any protest against any social issue .

If the sme step is done on a national level , it is referred to as sanction .

Hence , from the given scenario of the question ,

The correct answer is boycott .

5 0

3 years ago

Ned has built his entrepreneurial venture into a successful business. Part of his original plan was to build the business then s

Ivan

Answer:

c.relinquish

Explanation:

-Reap means to receive a compensation.

-Harvest means to collect or gather something.

-Relinquish means to voluntarily give control of something to someone else.

-Co-opt means to accept someone in a group by decision of the other members.

According to this, Ned intends to relinquish his business because his plan was to give the control of the company to someone else by selling it so it could be taken to the next level.

7 0

4 years ago

Prior period adjustments are reported as

matrenka [14]

Answer:

c. An addition to (or a deduction from) the beginning balance of retained earnings

Explanation:

A prior period adjustment is the correction of an accounting error that occurred in the past and was reported on a prior year's financial statement, net of income taxes. Prior period adjustment are reported in the statement of retained earnings as an increase or a decrease in the beginning retained earnings. Therefore, the adjusted beginning retained earnings balance is the amount that retained earnings would have been if the error had not been made.

6 0

3 years ago

Rina and Musashi are married, under the age of 65, and have four children under the age of 18. Musashi works full time and earns

Ipatiy [6.2K]

Answer: Not at all

Explanation:

5 0

4 years ago

Money is a. the most liquid asset and a perfect store of value. b. the most liquid asset but an imperfect store of value. c. not

DochEvi [55]

Although it is the most liquid asset, money is a flawed store of value. M1 is recognized as the measure of the money supply that is the most precisely specified.

What is term money?

Money is a good that is widely acknowledged as a means of economic exchange.

Because of inflation, money is actually an imperfect store of value. A monetary system where gold or silver, for example, is used as the actual medium of exchange. A form of money where paper money is backed by gold.

As a result, option (b) is correct.

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4 0

2 years ago