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3 years ago

Accounting information systems:

Business

1 answer:

Dafna1 [17]3 years ago

3 0

Answer:

The correct answer is letter "D": are an information system that records, processes, and reports on transactions to provide financial and non-financial information for decision making and control.

Explanation:

An Accounting Information System or AIS is a way to track all of a company's accounting activities. An AIS provides easy access to the same information to different departments. An AIS collects, stores, retrieves and processes the data. The data can come from internal and external sources allowing managers to make decisions about the business operations.

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Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goods manufactured 8,000 Fact

ohaa [14]

The cost of the direct material that's used will be $2000.

<h3>How to calculate the cost?</h3>

The direct material used will be calculated thus:

= Total manufacturing cost - Factory overhead - Direct labor cost

= 14000 - 8000 - 4000

= 2000

In conclusion, the correct option is 2000.

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2 years ago

If the margin of safety for canace company was 20%, fixed costs were $1,875,000, and variable costs were 80% of sales, what was

Paraphin [41]

Calculation of amount of actual sales (dollars):

Step-1: Calculation of break-even in sales dollars:

Break-even in sales dollars = Fixed costs / (100%- Variable Cost %)

Break-even in sales dollars = 1875000 /(100%-80%)

Break-even in sales dollars = 1875000 /20%

Break-even in sales dollars = $9,375,000

Step-2: Calculation of actual sales:

Actual Sales = Break-even in sales dollars / (100% -Margin of safety %)

Actual Sales = 9375000 /(100%-20%)

Actual Sales = 9375000 /80%

Actual Sales = $11,718,750

Hence, the Amount of actual sales (dollars) is $11,718,750

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4 years ago

The interest on a loan plus the charges and fees is known as the___

Rainbow [258]

The interest on a loan plus the charges and fees is known as the: B. annual percentage rate

<h3>What is annual percentage rate?</h3>

Annual percentage rate can be defined as the interest rate on a loan which includes the charges as well as the fees.

The annual percentage rate help to determine or measure the amount a lender charges the borrower per annual or per year.

Therefore the correct option is B.

Learn more about Annual percentage rate here:brainly.com/question/10062114

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2 years ago

What often happens to stock prices when a recession in the economy is in the future?

Novosadov [1.4K]

"Stock prices decrease" is the one among the following choices given in the question that <span>often happens to stock prices when a recession in the economy is in the future. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer helps you.</span>

8 0

3 years ago

Read 2 more answers

Salaries for professions (such as architect or medical doctor) that require a long period of study are typically higher than tho

andrew-mc [135]

Answer:

d. future income is worth less than present income

Explanation:

Remember, since we want an exception to all the possible reasons for higher salaries of those in medical and architectural profession, we carefully examine the reasons given.

However, in no way is it because those of this profession (architect, medical doctors) would earn future income worth less than their present income a basis for their higher salaries than other jobs, since most often they earn more as they the years goes by in their profession.

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4 years ago