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steposvetlana [31]
3 years ago
7

Explain the role of accounting in providing information for monitoring progress and decision-making.

Business
1 answer:
BlackZzzverrR [31]3 years ago
5 0
<span>The national professional organization of practicing Certified Public Accountants (CPAs), whose various committees and boards have been an important contributor to the development of GAAP.</span>
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Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
2 years ago
During an OSHA inspection:
Zielflug [23.3K]
I believe the correct answer from the choices listed above is option C. During an OSHA inspection, you <span> have the right to talk to the inspector privately. Hope this answers the question. Have a nice day. Feel free to ask more questions.</span>
3 0
3 years ago
Read 2 more answers
A company is creating new ways to satisfy existing customers. A company is creating and selling innovative products/services int
mestny [16]

Answer:

A company is creating and selling innovative products/services into the marketplace.

Explanation:

Because innovations would attract customers.

6 0
2 years ago
Bruner Stores wants to have 500 shovels in ending inventory on December 31. Budgeted sales for December are 1,950 shovels. The N
Bas_tet [7]

Answer:

Purchases =  2100 shovels

Explanation:

given data

ending inventory = 500 shovels

Budgeted sales = 1,950 shovels

inventory = 320 shovels

to find out

How many shovels should Benson Stores purchase for December

solution

we know here ending inventory formula that is express as

Ending inventory  = Beginning inventory + Purchases - Sales   .......................1

put here value we will get Purchases

so that

500 = 320 + Purchases - 1950

Purchases =  500 + 1950 - 350

Purchases =  2100 shovels

7 0
2 years ago
Can an indifference curve be downward sloping in one​ section, but then bend backward so that it forms a​ "hook" at the end of t
8_murik_8 [283]

Answer:

A. cannot form a hook because it then would be upward sloping.

Explanation:

As in the case when the indifference curve slopes upward so the consumer would be indifferent that lies between the two bundles that generate more of the consumption goods

Now in case when the curve is hook sloping upward so the preference of the consumer could violate the assumption i.e. the more it is , the better it is

Therefore the option A is correct

5 0
3 years ago
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