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
Keith_Richards [23]
1 year ago
12

and nonprofit accounting supports organizations whose purpose is not generating a profit, but serving ratepayers, taxpayers, and

others according to a duly approved budget.
Business
1 answer:
nikklg [1K]1 year ago
5 0

Government and not-for-profit accounting.

Management accounting information is intended to help managers within an organization make informed business decisions, whereas financial accounting is intended to provide financial information to stakeholders outside the organization. I'm doing it. The main functions of accounting are storing and analyzing financial information and monitoring financial transactions.

Accounting is used to prepare financial statements for a company's employees officers and investors. Accounting also helps ensure the disbursement of funds inside and outside the company. Should be adopted into public accounting on a fee basis. As an individual or as a member of an audit firm. Certified public accountants who meet state education experience and exam requirements can become certified public accountants.

Learn more about Accounting here:- brainly.com/question/1033546

#SPJ4

You might be interested in
BusCorp wants to introduce a new procedure to improve how customer requests are handled. This change will require employees to b
serg [7]

Answer:

E)Employee involvement

Explanation:

Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.

8 0
3 years ago
If buyers in this market have to wait in line to purchase this good after a $1 price ceiling is imposed, each buyer purchases on
Sophie [7]

The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.

<h3>What is the price ceiling?</h3>

A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.

While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.

Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.

Learn more about price ceilings at brainly.com/question/4120465

#SPJ12

3 0
2 years ago
Which are results of regulation in a mixed-market economy? Check all that apply.
solong [7]

<u>Answer:</u> Option 1 and Option 5

<u>Explanation:</u>

In mixed economies under the government regulation most of the production is done by private ownership. There is very little government intervention. The main aim of the government intervention is to make sure that the private business activities comply with the law of the country.

Another result of government regulation is to control the externalities created by these business structures. Government ensures there is no externality which affects the market as well as the people. Due to these regulations there is no advantages for producer or government. Also the markets cannot be controlled with these regulations in mixed market economy.

8 0
4 years ago
Read 2 more answers
If ending accounts receivable exceeds the beginning accounts receivable Group of answer choices cash collections during the peri
sukhopar [10]

Answer:

no cash was collected during the period

or

cash collections during the year are less than the amount of revenue recognized

Explanation:

For example if we had Accounts receivable beginning balance $ 250,000 and Sales of $ 500,000 are made on accounts then the Total  Accounts receivable will be $ 750,000.

But out of the $ 500,000 sales only $300,00 cash is collected and the remaining  $ 200,000 is still in the Accounts receivable balance so the ending Accounts receivable balance will be $ 250,000 + $200,000 = $ 450,000 which will be greater than beginning Accounts receivable balance.

So there are two possibilities either  cash collections during the year are less than the amount of revenue recognized.

or

no cash was collected during the period.

Similarly it cannot be choice no 1 : collections during the period exceed the amount of revenue recognized

Because if more cash is collected then ending account receivable balance would be less than the beginning account receivable balance.

Choice no 3 is also wrong if cash collections are more than the ending accounts  receivable balance would be less

4 0
3 years ago
Clampett, Inc. converted to an S corporation on January 1, 2018. At that time, Clampett, Inc. had cash ($40,000), inventory (FMV
Lubov Fominskaja [6]

Answer

The answer and procedures of the exercise are attached in image below.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

7 0
3 years ago
Other questions:
  • Jake Lamps manufactures lamps, lights, shades, and bulbs. Its lighting lasts long and saves power, and it is superior in quality
    8·1 answer
  • Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). However, an exception occur
    10·1 answer
  • Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a
    14·1 answer
  • Hobby Loss Presumptive Rule. Rachel Schurtz is a high school English teacher. In her spare time, she likes to make her own body
    6·1 answer
  • An instance where sellers should work to keep relationships with consumers is when they feel that the product
    12·1 answer
  • You are contemplating adding direct selling activities to your existing bricks-and-mortar retail business to increase sales. You
    5·2 answers
  • What is one specific requirement of a negotiable instrument?
    9·1 answer
  • n investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, for the next four years, respectively. The d
    14·1 answer
  • In what way would the climate in the shaded area impact that region of South America?
    5·2 answers
  • Service technicians are expected to monitor which site to take service courses for new products?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!