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3 years ago

Number the following activities from 1 to 3 in the order corresponding to the typical flow of cost in a CPA firm.

Business

1 answer:

LUCKY_DIMON [66]3 years ago

6 0

Answer:

1. Record the time worked on a client project by professional staff.

The first thing is do is to record the time the client was worked on by a professional staff because CPAs should be charging by the hour.

2. Record the completion of a client project.

The record the completion of a client project so that the project can be considered finished. The total hours worked will be totalized here.

3. Record the application of office overhead.

After the completion of the project the overhead costs are now apportioned and recorded.

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If, in the long run, real GDP returns to its potential level, then in the long run, A. the Phillips curve represents a struc

Arada [10]

Answer:

C. the Phillips curve is vertical

Explanation:

Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases unemployment.

However; In long run, real GDP (output level) returns to its potential level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.

7 0

3 years ago

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there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n)

bulgar [2K]

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

<h3>What is the impact of technological improvement?</h3>

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.

To learn more about an increase in supply, please check: brainly.com/question/14727864

#SPJ1

3 0

1 year ago

Peg and Al Fundy have a limited food budget, so Peg is trying to feed the family as cheaply as possible. However, she still want

Inga [223]

Answer:

A) we requiere to fulfill the Vitamint contrains or surpass them A => 12 C=>6

B) we request that instead of fullfilling the vitaming requirement to be 12/6 or more

to be exactly for this amount.

Explanation:

We set up the situation in excel Solver with the following constraing:

1 2 3 4

A 3 3 1 7

B 3 1 1 1

C 12 6 24

C2 = A1*A2 + B1*B2

C3 = A1*A3 + B1*B3

C4 = A1*A4 + B1*B4

common constraing:

C4 min

A1 = integer

B1 = integer

A) constraing

C2 => 12

C3 =>6

B) contraing to achieve the exact value for each vitamin:

C2 = 12

C3 = 6

4 0

3 years ago

Why is it very important to properly present the results of your analysis in a report

jek_recluse [69]

Answer:

To get a good grade.

4 0

2 years ago

Goods that are created and used domestically are __________.

dem82 [27]

The answer is C. Produced and consumed in one country.
Goods that are created and used domestically are not imported goods because imported goods means coming from other country, it's not also exported goods since it is not exported to other county. Rather it is being produced and used of the same country.

7 0

2 years ago

Read 2 more answers