Answer:
Foreign exchange loss
Explanation:
A foreign exchange gain/loss is normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.
In order to correct his, you must:
Dr Foreign exchange gain/loss 10
Cr Canadian bank account 10
Make sure the brand conveys what is <em>unique </em>about your company.
If you don't focus on the customer or make your product/brand unique you won't stand out in the marketplace and customers will not want to choose your product.
Answer: Managerial Accounting or Management Accounting.
Managerial Accounting helps managers to use the data in the financial statements in order to take decisions. These decisions help them in managing the company's operations and aid in keeping control of matters under their purview.
Managerial Accounting includes any topics from cost accounting. It helps managers to make internal plans, execute them and also see if the plans have been accurate.
Answer:
When demand shocks lead to recessions, it is mainly due to unexpected changes in the:
the inability of government policy to affect demand.
Explanation:
Government has every right to make policies that would strictly affect price, if this is not done and there is inflation of price it would lead to recession.
Answer:
Gross Income is the answer!
Explanation:
