Answer:
d. the suspense account
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account
Complete Question:
If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that repairs only one or the other, this would be an example of __________.
Group of answer choices
A. economies of scope
B. economies of scale
C. monitoring
D. increasing transactions costs
Answer:
A. economies of scope
Explanation:
If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the other, this would be an example of economies of scope.
Economies of scope can be defined as an economic factor which makes proportionate savings possible as well as reducing the cost of production when products are manufactured together instead of manufacturing them individually or separately.
Answer:
Paul Copan
Explanation:
Dr. Robertson McQuilkin can be considered a very biblical man, and as such, would always favor socialism more than free market capitalism. His phrase "Capitalism is for freedom, socialism is for equality" and the fact that he believed in a strict following of the Bible, you make him a more socialist person.
Dr. Paul Copan is also a very religious man, but his views are less extreme than Dr. McQuilkin's. He is more pragmatic and argues in favor of religion from a more neutral or agnostic point of view. He even argues that religious beliefs and economics are not mutually exclusive.
<span>the answer is Direct distribution
Direct distribution is a channel of distribution where the producer or manufacturer ensures his or her goods and services reaches the consumer without any intermediary like wholesalers or retailers, in this case all the middle players in the supply chain are eliminated.
By opening its own stores for selling sandwiches to consumers, Breadmakers, inc. will be doing a direct distribution (direct supply to consumers)</span>
