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
Cerrena [4.2K]
3 years ago
6

Which of the following statements is FALSE regarding financial and nonfinancial measures of performance?a.Nonfinancial measures

may help to anticipate and explain financial results.b.Financial measures include aggregate measures.c.Nonfinancial measures may help to identify the causes of financial results.d.Financial measures are lead indicators of future success.
Business
1 answer:
faltersainse [42]3 years ago
8 0

Answer:

D. Financial measures are lead indicators of future success.

Explanation:

This is said to be not true regarding financial and non financial measures of performance.

Businesswise, it is often debated whether a commonly perceived good company, as defined by characteristics such as competitive advantage, stable earnings, above-average management, and market leadership, is also a good company in which to invest. While these characteristics of a good company can point toward a good investment, this article will explain how to also evaluate the company's financial characteristics and how to know if a company is a good investment.

You might be interested in
If an excise tax is imposed on restaurant meals, a. fewer meals will be produced and sold b. more meals will be produced and sol
solniwko [45]

Answer:

Correct option is (a)

Explanation:

Excise tax is an indirect tax which is not imposed on customers directly. Excise tax is imposed on producers or sellers for goods produced and they in turn transfer the burden of tax on customers in the form of higher prices. That is why, it is called indirect tax.

It is usually imposed on those goods such as liquor and tobacco whose consumption the Government needs to decrease. If excise tax is imposed on restaurant meals, then the restaurant will be able to produce and sell less at the same price it was charging earlier. If the restaurant wishes to sell more, then it will have to charge higher price.

6 0
3 years ago
Askew Company uses a periodic inventory system. The June 30, 2018, year-end trial balance for the company contained the followin
Taya2010 [7]

Answer:

Askew Company

1. Cost of goods sold                     $243,000

2. Adjusting Journal Entries:

Debit Cost of Goods Sold $243,000

Debit Purchases discounts $7,000

Credit Freight-in $19,000

Credit Inventory $231,000

To record the cost of goods sold.

Explanation:

a) Data and Calculations:

Account                                       Debit    Credit

Merchandise inventory, 7/1/17 33,000

Sales                                                     390,000

Sales returns                            13,000

Purchases                             250,000

Purchase discounts                                7,000

Purchase returns                                   11,000

Freight-in                                19,000

Merchandise inventory, 7/1/17        $33,000

Purchases                                       250,000

Purchase discounts                           (7,000)

Purchase returns                              (11,000)

Freight-in                                           19,000

Cost of goods available for sale $284,000

June 30, 2018, inventory balance $41,000

Cost of goods sold                     $243,000

Adjusting Entry:

Debit Cost of Goods Sold $243,000

Debit Purchases discounts $7,000

Credit Freight-in $19,000

Credit Inventory $231,000

To record the cost of goods sold.

3 0
3 years ago
Which of the following describes a job shortage?
wel

Answer: The answer is <u>B, a job shortage occurs when there is a higher demand for jobs than there is for labor.</u>

Explanation:

During this type of shortage, the types of jobs being offered do not have the workers that are qualified. Skilled workers are needed for various jobs but they are hard to fill since students are going into high powered fields. Some of the industries that need workers are healthcare, hotels, and construction.

6 0
3 years ago
Read 2 more answers
3
Orlov [11]

Answer:

C. Planning, directing, and controlling; these are functions of a manager.

5 0
2 years ago
Read 2 more answers
Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. Some in
Vanyuwa [196]

Answer:

A

Explanation:

i seen the sheet n onioons

6 0
3 years ago
Read 2 more answers
Other questions:
  • Evaluate the product offerings at REI. Select a product category and review the product line at REI, then select a similar compe
    7·1 answer
  • The following information is available for Kinsner Corporation: Total fixed costs $313,500 Variable costs per unit $99 Selling p
    7·1 answer
  • Tim Cook is described as delegating responsibilities to others, empowering them, and sharing the limelight with his leadership t
    14·1 answer
  • The adjusted trial balance of Warbocks Corporation at December 31, 2017 includes the following accounts: Retained Earnings $12,6
    9·1 answer
  • On September 18, 2019, Rose Company purchased 6,000 shares (9%) of Wozniak, Inc. stock for $28 per share. The market value per s
    5·1 answer
  • Since the beginning of the twentieth century, the United States has experienced _________ recessions. Of those, ______ have occu
    11·1 answer
  • Duncan Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $100,000 Allowance fo
    15·1 answer
  • On June 20 of the prior year, a company determined that a customer's account receivable was uncollectible and that the account s
    9·1 answer
  • Suppose that in your first year of college you spend $3,700.00 more than you earn. In your second year, your expenses increase a
    11·1 answer
  • In a process cost system, the application of factory overhead usually is recorded as an increase in?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!