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Nikitich [7]
2 years ago
15

The two functions of financial accounting are to measure business activities and prepare tax returns. True or false

Business
1 answer:
Schach [20]2 years ago
6 0

The two functions of financial accounting are to measure business activities and prepare tax returns. FALSE

<h3>What is a Tax return?</h3>
  • A tax return is a document submitted to a taxing body that lists earnings, outlays, and other pertinent financial data.
  • Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
  • Tax returns must typically be filed yearly.
  • In the United States, tax returns including data necessary to compute taxes are filed with the Internal Revenue Service (IRS) or with the state or local tax collecting agency (Massachusetts Department of Revenue, for instance).
  • The IRS or another applicable authority's forms are often used to complete tax returns.

To learn more about Tax return, refer to the following link:

brainly.com/question/27300507

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The long-time CEO of a large paper company is retiring. the members of the board want to make sure that the new person they hire
saul85 [17]
<h2>Leadership quality is required for the CEO</h2>

Explanation:

Upon all other quality, leadership quality always stands top and allow him / her to be in top position.

When the company is hiring new CEO, he must look out for the following qualities:

  • Proven leadership qualities
  • Dedication towards the work and mainly organization
  • Crisis management to resolve issues
  • The proven responsibility
  • The achievement made in the previous workplace
  • Ability to maintain confidentiality
  • Has good convincing skill
  • Ability to bring collaboration, cooperation among the team
  • Has control over the team
7 0
3 years ago
The basic organizing legal document for a home-rule city is called the
Alex777 [14]
The basic organizing legal document for a home rule city is called the CITY STATUE.
Home rule refers to the government of a city, colony or an independent country by its own citizens. A general law municipality usually become eligible for home rule when the population of the people living there is more than 5,000. The law which govern the activities of those in the home rule city is called statue.
4 0
3 years ago
in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:
topjm [15]

In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

<h3>What are forward and futures contracts?</h3>

The difference between a forward and futures contract lies in their establishment.

A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.

Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

Learn more about forward and futures contacts at brainly.com/question/15581105

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7 0
2 years ago
Which occupation has the most fatal injuries?
sattari [20]

Answer:

law enforcement

Explanation:

4 0
2 years ago
Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few man
Dvinal [7]

The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.

<h3>Who is a manager?</h3>

It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.

In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.

In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.

Learn more about manager on:

brainly.com/question/24553900

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4 0
2 years ago
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