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kaheart [24]
1 year ago
10

which three activities are part of the function of accounting? multiple select question. interpreting financial transactions pla

nning financial transactions prioritizing financial transactions recording financial transactions classifying financial transactions
Business
1 answer:
Elodia [21]1 year ago
6 0

The three activities that are part of the function of accounting from the list of given options are:

  • 2. classifying financial transactions
  • 4. interpreting financial transactions
  • 5. recording financial transactions

<h3>What is Accounting?</h3>

This refers to the term that is used to describe the process of recording financial transactions and also classifying them into proper categories for record purposes.

Hence, it can be seen that from the list of answer choices, when it comes to the area of accounting, three core functions from the list are given above and one of them is classifying financial transactions

Read more about accounting here:

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Tambe Electric Inc. entered into a written agreement with Home Depot to provide copper wire to Tambe at a price set forth in the
Pani-rosa [81]

Answer:

My opinion is

Appeals court affirmed the decision.

The parol evidence rule holds. The oral agreement conflicts with expressly written terms, hence the written terms hold. The seller is liable for breach.

Explanation:

Facts

1) Buyer and seller made a written contract for seller to sell buyer wiring equipment with payment to be made over time.

2) Seller failed to provide items as contract requested, also claimed prior oral agreement with buyer for payment to be in full.

3) Buyer sued. Trial court held for buyer. Seller appealed.

Relevant Terms, Laws, and Cases

Parol evidence rule states that written contract can’t be contradicted by oral agreements made prior to the contract as legal evidence. However, oral agreements that explain contract terms are allowed

4 0
3 years ago
Residual Income The Commercial Division of Galena Company has operating income of $62,240 and assets of $228,000. The minimum ac
postnew [5]

Answer:

the residual income for the division is $46280

Explanation:

given data

operating income = $62,240

assets = $228,000

return on assets = 7%

to find out

What is the residual income for the division

solution

we get Residual income for the division that is express as  

Residual Income = Income from operations - ( Minimum required return × Operating Assets)     .......................1

put here value we get

Residual Income = $62,240 - ( 7% × $228,000 )

Residual Income = $62,240 - $15960

Residual Income = $46280

So the residual income for the division is $46280

5 0
3 years ago
consider a hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5
Sliva [168]

hypothetical economy in which households spend 0.5 of each additional dollar they earn and save the remaining 0.5

<h3>What is hypothetical economy?</h3>

The paper investigates the consequences for a hypothetical economy of a set of government tax and spending policies that are unsustainable in the long run and are recognized as such by private individuals.

Comparative Economic Systems is a sub-category of economics that deals with the comparative study of various economic organization systems such as capitalism, socialism, feudalism, and the mixed economy.

The marginal propensity to consume is calculated by dividing the change in consumption by the change in income.

Each economy operates under its own set of conditions and assumptions. Traditional economies, command economies, mixed economies, and market economies are the four major types of economic systems.

To know more about hypothetical economy follow the link:

brainly.com/question/27893144

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5 0
2 years ago
A small risk of loss in an investment.
iVinArrow [24]

<u>A small risk of loss in an investment:</u>

Investment risk can be characterized as the likelihood or probability of the event of misfortunes comparative with the normal profit for a specific venture. Portrayal: Stating basically, it is a proportion of the degree of vulnerability of accomplishing the profits according to the desires for the financial specialist.

The potential advantage of a "high-chance venture" is that quite possibly you could make an extremely exceptional yield on the speculation too. The five measures incorporate the alpha, beta, R-squared, standard deviation, and Sharpe proportion. Hazard measures can be utilized separately or together to play out a hazard appraisal.

7 0
3 years ago
If you beat the market with inside information, you have violated the concept of ___ form efficiency.
Sergio039 [100]

If you beat the market with inside information, you have violated the concept of strong form efficiency.

Strong form efficiency refers to a market in which stock prices fully and fairly reflect not only all public and all historical information but also all private information (inside information).

Strong Form Efficiency is the most rigorous version of EMH (Efficient Market Hypothesis) investment theory, stating that all market information, public or private, is factored into stock prices.

A stronger version of the Efficient Markets Hypothesis states that all published and unpublished information is fully reflected in the current stock price and that there is no information available to investors. . market advantage.

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7 0
1 year ago
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