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faltersainse [42]
4 years ago
9

Bookkeeping refers to the process of ____ the accounting transactions of a firm.

Business
1 answer:
sattari [20]4 years ago
8 0
Recording , tracking.....
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What is one course of action available in every problem solving process
Sonja [21]
Choose to do nothing about the problem is always a course of action.
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3 years ago
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If the economy is producing a level of output $45 billion above full-employment real GDP, the most viable option to shift the ou
lakkis [162]

Answer: c. tax increase of some amount less than $45 billion

Explanation:

Increasing taxes will have the effect of reducing the Consumption in the Economy as it will reduce the disposable income that people have to spend on goods and services. It is therefore an option to bring the Economy back down to fill employment.

However, when the Taxes are increased, they should be increased by an amount less than the $45 billion because Taxes have a Multiplier effect meaning that an increase in taxes will slow down the economy more than the increase itself. This is why it should be an amount less than 45 billion especially having taken the Multiplier into account so that a good estimate of the amount needed will be ascertained.

5 0
3 years ago
Over longer periods of time, increases in oil prices provide firms with incentives to explore and recover oil. What does this in
ki77a [65]

Answer:

This proves that the demand for different types of oil have an effect for the prices and supply dealing with oil.

Explanation:

I hope this helps, if it doesn't then just message me and ill be more than happy to help :)

5 0
2 years ago
Barton Health Services provided care to a patient worth $1,200. Because the patient was over the age of 65, Barton granted the p
musickatia [10]

Answer:

A. Cash 960

Service Revenue 960

Explanation:

In the given transaction, the trade discount is not shown in the recording of the journal entry but the effect is to be seen in the journal entry.

Since the cash is paid for providing the service and give the patient a 20% discount.

So, the discount amount would be equal to

= Service cost × discount rate

= $1,200 × 20%

= $240

And, the journal entry would be shown below:

Cash A/c Dr       $960

    To Service Revenue $960

(Being service is provided for cash and discount is given)

7 0
3 years ago
Managerial decision makers must often consider non-economic factors as well. For example, when considering whether to outsource
Minchanka [31]

<em>This stands for</em><em> sustainability</em><em> when faced with a</em><em> keep or drop decision.</em>

A tactical business choice regarding whether to keep running a product, department, or specific company unit is called "keep or drop."

<h3>How do we decide whether to keep or drop a particular segment?</h3>
  • The first step in selecting whether to preserve or eliminate a portion of the business is to construct a segmented income statement.
  • Make a product line income statement, for instance, if a product is not lucrative.
  • Make an income statement for any locations that are not producing a profit.
<h3>Which factor should be considered while selecting whether to keep or drop a product line?</h3>
  • The entire costs, not only the per-unit prices, should be taken into consideration when considering whether or not to discontinue a product.
  • Review the fixed expenses for production, sales, shipping and storage, customer service, and any other expenditures you can associate with the product.

learn more about keep or drop decision here

<u>brainly.com/question/13777223</u>

#SPJ4

7 0
2 years ago
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