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Damm [24]
3 years ago
10

When creating a new quickbooks data file for an existing company, opening balances are added when you:?

Business
1 answer:
Vesna [10]3 years ago
4 0

The opening balance are being added when creating a new quick books data file for the existing company when there is a presence of having chart of accounts that are provided to be customized that made opening balances to be added.

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B)The cost of energy for a company can be both a fixed cost and a variable cost.

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Energy is a fixed cost because it is an utility that companies have to pay regardless of the level of production; they need energy to function.

Energy is a variable cost because energy is an input to production, and the amount of energy used (and hence its cost) can vary a lot depending on how much output is produced. In the question, ethanol is referenced, which is also a type of variable cost, because it is an energy source that depends on another input (corn), and its used as a substitue for gasoline.

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