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Keith_Richards [23]
3 years ago
14

A process cost accounting system is most appropriate when

Business
1 answer:
mixer [17]3 years ago
4 0

Answer:

When Manufacturing of a Product involves several processes.

Explanation:

When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate

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(d) Gear is more efficient than Cog.

Explanation:

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Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a(n) __________ process
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Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) <u>accounting process</u>.

The accounting process is the set of steps that allows the economic operations of an entity or company to be expressed through financial statements.

This process is essential for any company since they will be able to see their expenses and income, and thus make projections and help it to minimize entry errors of the company.

  • During the accounting process, the economic operations of the company are compiled (purchases of materials, sales of products), together with the documents that guarantee each operation.

  • Finally, before the accounting process is closed, adjustments or modifications can be made that allow a reliable balance.

Therefore, we can conclude that Paul is responsible for recording sales transactions at his company. To minimize entry errors, Paul uses a (n) accounting process.  

Learn more here: brainly.com/question/20871705

5 0
3 years ago
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 7 years if the appropriate disco
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The current value of a zero-coupon bond is $481.658412.

<h3>What is a zero-coupon bond?</h3>
  • A zero coupon bond (also known as a discount bond or deep discount bond) is one in which the face value is repaid at maturity.
  • That definition assumes that money has a positive time value.
  • It does not make periodic interest payments or has so-called coupons, hence the term zero coupon bond.
  • When the bond matures, the investor receives the par (or face) value.
  • Zero-coupon bonds include US Treasury bills, US savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has had its coupons removed.
  • The terms zero coupon and deep discount bonds are used interchangeably.

To find the current value of a zero-coupon bond:

First, divide 11 percent by 100 to get 0.11.

  • 11%/100 = 0.11

Second, add 1 to 0.11 to get 1.11.

  • 1 + 0.11 = 1.11

Third, raise 1.11 to the seventh power to get 2.07616015.

  • 1.11⁷ = 2.07616015

Divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $481.658412.

  • $1,000/1.2653 = $481.658412

Therefore, the current value of a zero-coupon bond is $481.658412.

Know more about zero-coupon bonds here:

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1 year ago
5. Consumers subconsciously screen out stimuli that they find psychologically threatening, even though exposure has already take
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Answer:

The correct answer is letter "E": Perceptual defense.

Explanation:

In psychology, perceptual defense refers to the suppression of a stimulus that represents a threat or an uncomfortable situation for an individual. Those inputs are distorted somehow by the individual to reject the unpleasant feeling so that the person does not feel that bad because of it. In such a way, the brain works as a defense mechanism able to distort information to mitigate the effects in the behavior produced by the stimulus.

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3 years ago
It seems as if consolidated net income is always less than the sum of the parent’s and subsidiary's separately calculated net in
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Answer:

<h2>Consolidated net income is the sum of net income of the parent company excluding any income from subsidiaries recognized in its individual financial statements plus net income of its subsidiaries determined after excluding unrealized gain in inventories, income from intra-group transactions, etc.</h2>
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1 year ago
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