Answer:
The correct answer is b) Perpetual
Explanation:
The perpetual inventory system is an accounting method for inventory, that registers the sales and purchases of a specific inventory immediately by the company management software. It shows detailly the changes in inventory and presents immediately report of the stock inventory left.
Answer:
The person should do whatever impacts his/her company or organization in a good way.
Explanation:
Sometimes facing ethical decisions could be hard, but usually in business everyone is selfish.
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Answer:
a. 6.9
Explanation:

55/8 = 6.875 = 6.9
This means purchase a share of this company is paying 6.9 times his annual earnings.
<u>It could be interpreted both ways:</u>
- if this is high, the market can expect to grow their earnings soon or...the share is overstated and will not increase his value shortly.
- If this is considered low, then the market expects its earnings to decrease or ... the share is understated and will increase their valuation soon
Answer:
B) False
Explanation:
There are a couple of websites that can help you find out if Bill's claim about his rich uncle is true. Or if you prefer you can go directly to a local court and request for information about Bill's assets or his uncle's estate. You would need a reason to do it, but since you are investigating a possible crime, then that should be a good enough reason.
Net worth calculations are done not necessary here because you do not want to know how much Bill's assets are worth, you want to know how he got them.
Answer:
The variance of $3000 is adverse variance.
Explanation:
The reason is that increase in cost is always an adverse sign for the business. Similarly increase in revenue is always a positive sign for the business. So in this case, the actual cost of selling has been increased from the flexed result by $3000 (Actual less flexed budget) which means that the cost has been increased and this increased cost from a certain level (flexed budget level) is adverse cost for the company.