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DerKrebs [107]
3 years ago
13

The accounting and finance department performs processes such as creating financial statements, paying accounts payables, and co

llecting accounts receivables. What form of processes do these represent?
Business-facing processes
Customer-facing processes
Industry-specific customer-facing processes
All of these
Business
1 answer:
noname [10]3 years ago
4 0

Answer:

Business-facing processes

Explanation:

As we know that preparation of the financial statements is necessary for all the types of the organization whether small or large, private or public company, etc.  

The preparation of the financial statement is done by the accounting and finance department of the organization.  

The functions like creating financial statements, paying accounts payable, and collecting accounts receivables are done by business organizations so that no problem will exist in the future.  

Such types of business organization are called legal organization who are conducting their business activities in an ethically manner

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Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.

<h3>What is manufacturing overhead cost?</h3>

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The amount in the manufacturing overhead account can either be a debit or credit.

It is a debit when the overhead is less than the actual overhead costs that were spent.

Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.

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Answer:

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So, based on the given information is Zanda will have the high inventory carrying cost statement is true. Therefore, Option (C) is correct answer.  

 

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