Explanation:
Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.
Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.
The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
The Leontief paradox describes evidence contrary to the
predictions of the factor proportions theory. Factor proportions theory on the
other hand, states that a country will produce and export those goods that
require resources that is abundantly available within the country.
Answer:
A)Infant-industry argument
Explanation:
We are informed about a Supposed policy debate over whether the United States should impose trade restrictions on imported ball bearings. Whereby
Domestic producers of ball bearings send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of ball bearings.
In the case whereby, The lobbyist claims that the U.S. ball-bearing industry is new and cannot currently compete with foreign firms, the justifications the lobbyist was using to argue for the trade restriction on ball bearings is Infant-industry argument.
Infant-industry argument can be regarded as an economic rationale that provides protection for new industries that are yet to reach a certain economic scale like the existing industries, this theory offer protection to this new/developing industry from some form pressure as well as their products that can emerge from compitition from other mature industries.
Answer:
Account receivable and revenue account
Explanation:
Since it is given that
The service was performed on the account so the journal entry to record this transaction is shown below:
Account receivable A/c Dr $200
To Service revenue A/c $200
(Being the service is performed recorded)
Both accounts are increases that means the account receivable and the service revenue is increased for $200 each
