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Doss [256]
3 years ago
11

Which of the following is not a role of accounting in business?

Business
1 answer:
Kipish [7]3 years ago
5 0

Answer:

The correct answer is letter "D": To personally guarantee loans of the business.

Explanation:

Accounting is the recording of financial transactions of a business or organization. It also includes the process of summarizing, analyzing and reporting these transactions -given a method- in financial statements. The financial statements that accountants create provide critical information for many key people such as managers, stakeholders, and the corresponding agencies of the government.

However, <em>securing a loan for a company will rely on the credit history of the institution which directly does not involve one of the functions of corporate accounting.</em>

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Jobisdone [24]
<h2>Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>

Explanation:

Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.

Entrepreneur: He is the person who sets up the business.

Crowdsourcing: Obtaining information from a large number of people.

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3 years ago
Grouping pieces of information together to expand the effective capacity of short-term memory is termed _________.
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Answer:

The correct answer is Chunking

Explanation:

3 0
3 years ago
Brand __________ is the set of assets and liabilities linked to a brand that add to or subtract from the value provided by the p
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Answer:

Equity.

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4 0
3 years ago
Explain how a person can use technology wisely​
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Making money off of it
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2 years ago
A manufacturer of food products is looking at entering several new markets in developing countries. Before it does this, the com
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Answer:

Option D

Explanation:

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