Answer:
Explantation to the following question is as follows;
Explanation:
A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.
Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.
Answer:
The last one.
We had to ration the food to make it last the whole week.
Explanation:
Look up the meaning of ration and it'll make sense.
Answer: A. They are flat.
C. They are common to start-up businesses.
D. A single leader makes most decisions.
Explanation:
Entrepreneurial business structure is a structure whereby, the owner of the bsuniess makes every decisions. It is often a start up company or a small company and there's a direct mean of communication as the owner has few workers.
The structure is typically flat and the roles are not well defined. It also give rooms for promotion of ideas as workers can give opinions on certain issues.
Answer:
B. cost of production report
Explanation:
The cost of production report summarizes all cost activities and its allocation in a department within a specified period of time. It contains the cost for each unit, amount of unit flow, difficulties faced during production.
The factory overhead production report compares actual fixed and variable cost to standard fixed and variable costs. Fixed cost are rent, taxes while variable cost are indirect labor, utilities.
manufacturing cost report contains all costs involved during the manufacturing of a goods such as cost of raw materials and direct labor.
process cost report summarizes the quantity of goods produced in each department as well as the cost incurred by each department.
Answer:
transactions
Explanation:
the accountant analyzes transactions before financial information is represented in reports
