1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
4 years ago
11

Indicate whether each of the five statements presented below is true or false.

Business
1 answer:
mart [117]4 years ago
7 0

Answer:

1. The three steps in the accounting process are identification, recording, and examination. (F)

2. The accounting process includes the bookkeeping function. (T)

3. Managerial accounting provides reports to help investors and creditors evaluate a company. (F)

4. The two most common types of external users are investors and creditors. (T)

5. Internal users include human resources managers. (T)

Explanation:

The accounting system provides managers with information necessary for daily operations and also for long-term planning. The development of the most relevant information for specific business decisions and the interpretation of that information is called Management Accounting.

You might be interested in
If the quantity of real domestic output demanded increased by $1,000 at each price level, the new equilibrium price level and qu
NeTakaya

If the quantity of real domestic output demanded increased by $1,000 at each price level, then, according to macroeconomics, the new equilibrium price level and quantity of real domestic output would be 150 and $4,000.

<h3><u>What is macroeconomics?</u></h3>
  • Macroeconomics is a subfield of economics that focuses on the behavior of an economy as a whole, including the market and other large-scale processes.
  • Inflation, price levels, economic growth rates, national income, gross domestic product (GDP), and variations in unemployment are only a few examples of the phenomena that macroeconomics analyzes.
  • Macroeconomics makes an effort to assess how well an economy is operating, comprehend the forces that shape it, and predict how performance could increase.
  • In contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors, macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.).

Curves of supply and demand cross at the equilibrium price. We would forecast that the market will function at this pricing.

Know more about macroeconomics with the help of the given link:

brainly.com/question/13120341

#SPJ4

6 0
2 years ago
Most economists believe that a cut in tax rates ___________.
Stolb23 [73]

Answer:

The correct answer is (B)

Explanation:

Tax is applied to decrease the budget deficit, as it helps to improve the government's revenue. Overall, a cut in tax rates has many benefits on the general economy, such as an increase in demand, and a decrease in inflation. Most economists believe that a cut in tax rates will positively affect the aggregate demand due to a decrease in overall prices of goods and services.

8 0
3 years ago
Amanda, one of Abigail's fellow workers at BOSS, was surprised to learn that her department's schedule was changed from a standa
Luden [163]

Answer: A. Amanda will not win her lawsuit for wrongful discharge.

Explanation:

Based on the information that was provided, Amanda will not win her lawsuit for wrongful discharge.

The employer-at-will simply means that an employer can dismiss his or her worker as long as it's not illegal. In this case, Amanda will not win because she's hired "at will," and in such cases, the courts will deny her any loss claim that results from her dismissal.

3 0
3 years ago
Campbell Corporation uses the retail method to value its inventory. The following information is available for the year 2021: Co
Anton [14]

Answer:

$242,168.82

Explanation:

Inventory on December 31, 2021

Cost. Retail

Beginning inventory 300,000 291,000

Add: purchases 581,000 928,000

Add: freight in. 19,000

Add: net markups. 31,000

900,000 1,250,000

Less net markdown. 5,000

Goods available for 900,000 1,245,000

Cost to retail %

900,000/1,245,000

0.722891566

Less: net sales. 910,000

Estimated ending 335,000

Estimated ending inventory at cost

335,000 × 0.722891566

242,168.82

6 0
3 years ago
Mark owns his own business and wants to make sure that his employees arrive on time each day and take breaks as specified. He ha
olga2289 [7]

Operant conditioning is used by Mark .

<h3><u>Explanation:</u></h3>

The instrumental conditioning is the other name given for operant conditioning. It can be considered as a method of learning in which  rewards and punishments are used for modification of certain behaviors. This forms a relativity between certain behavior and the consequences of that behavior.

In the example given, Mark has decided to give rewards in order to make his employees to reach office at time. Monthly rewards are given to those employees who did not take breaks and thus he is using the principle of Operant conditioning .

6 0
3 years ago
Other questions:
  • Large firms with multiple offerings in a particular product category engage in _____ targeting strategies to obtain a bigger sha
    12·1 answer
  • In a few sentences, explain what it means to<br> be financially responsible.
    7·1 answer
  • As a manager, Colin realizes that there is no single formula for making easy decisions. In reality, business decisions he has to
    10·1 answer
  • What happens when a bond becomes due? AThe issuer will pay you back, minus interest. BYou pay it back to the issuer, minus inter
    10·1 answer
  • A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $10, aver
    8·1 answer
  • Which of the following is a nominal variable? - Education - Age - Employment status - One needs to know the attributes to determ
    5·1 answer
  • In January, Dieker Company requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,200, Job 3 $700, and gener
    10·1 answer
  • Dunkin’ Donuts made a strategic decision to make its business about the coffee, not just the donuts. What are the risks when a c
    14·1 answer
  • Wilson Co. produces sports equipment and is currently producing 2,000 tennis rackets annually. A supplier has offered to produce
    13·1 answer
  • 1. Which of these approaches is not a way of harnessing open innovation across the internet?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!