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3 years ago

Document creation is a key business function because:

2 answers:

8 0

It is A because all the others are wrong because of division, if we divide B+C+D, we will get A. So the correct answer for this question is A.

GalinKa [24]3 years ago

7 0

I would assume it’s A.

A business cannot function without information stored for later analysis when necessary.

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When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses

Lemur [1.5K]

Answer: Compare another period > Previous year (PY)

Explanation:

QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.

Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.

6 0

3 years ago

______________ can arise from the estimation process or the stability of the project team. assumptions internal risks cost overr

Levart [38]

Internet risk can arise from the estimation process or the stability of the project team. assumptions internal risks cost overruns external risks.

<h3>What is Internet risk?</h3>

Online risk is the exposure of an organization's internal resources as a result of using the Internet to do business.

Online risk exists for all businesses that conduct a portion of their operations online. Personal information, project data, and data produced by systems or procedures used by the company to conduct its business all fall under the category of vulnerable data.

Using techniques and resources from a risk management strategy, you can effectively manage online risk, prevent it from happening in the first place, and take action if it does. Aware of online risk, able to foresee how a data loss might affect their business operations, and able to create contingency plans are all crucial skills for IT professionals.

To learn more about Internet risk from the given link:

brainly.com/question/19589897

#SPJ4

3 0

1 year ago

Financial literacy means . . .?

scZoUnD [109]

Answer:

F. C and D only

Explanation:

Financial Literacy

This is when an individual or person possesses the skills, techniques and knowledge that allows him/her (the individual or person) to make informed and efficient decisions with all of their financial resources. It is the ability to understand how money works. This includes, how individuals make money, manage it and invest it properly. Financial skills possessed by a financial literate includes budgeting, personal financial management, investment, expenditure and so on.

Understanding assumptions and estimates of plant managers and creating a firm financial statement are NOT part of the indicators for financial literacy.

8 0

3 years ago

The following account balances were drawn from the financial statements of Grayson Company:Cash: $8,800Accounts Receivable: $3,0

vredina [299]

Answer:

Common Stocks 15,400

Explanation:

cash 8,800 Account Payable 2,500

account receivable 3,000 Common Stock x (B)

Total Current Assets 11,800 Reained Earnings 9,900 (A)

Land 16,000

Total Assets 27,800 Liability + SE 27,800

<u>(A) First we calculate the RE:</u>

beginning RE + net income

net income = revenue - expense

19,000 - 14,500 = 4,500

beginning RE + net income

5,400 + 4,500 = 9,900

<u>(B) We solve for Equity using the accounting equation</u>

Liab + Equity = Assets

2,500 + (Comon Stock + Retained Earnings) = 27,800

Common stock + 9,900 = 27,800 - 2,500

Common stock = 27,800 - 2,500 - 9,900 = 15,400

7 0

3 years ago

The income statement for the month of June of Camera Obscura Enterprises contains the following information: Sales Revenues $7,0

Ivahew [28]

Answer:

a debit balance of $1,300

Explanation:

Generally in the income statement, a net profit is the excess of income over expenses during a given period and this will give a credit balance in the income statement, but this will be a debit balance in Income Summary to close the account.

On the other hand, a net loss is the excess of expenses over income during a given period and this will give a debit balance in the income statement, but this will be a credit balance in Income Summary to close the account.

Since Camera Obscura Enterprises made a net profit of $1,300 in the month of June, the balance in Income Summary will therefore be a debit balance of $1,300.

4 0

4 years ago