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Vladimir79 [104]
3 years ago
14

Which of the following is a characteristic of a sole proprietorship

Business
1 answer:
timurjin [86]3 years ago
8 0
Please add select answers.
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What is mangerial accounting with example
mina [271]

Answer:

Managerial accounting (also known as cost accounting or management accounting) is a branch of accounting that is concerned with the identification, measurement, analysis, and interpretation of accounting information so that it can be used to help managers in a company make choices for it.

Explanation:

4 0
4 years ago
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If a monopolist or a perfectly competitive firm is producing at a break-even point, then:
Klio2033 [76]
If a monopolist or a perfectly competitive firm is producing at break-even point then they're basically equaling their average revenue to the average total cost - ii.

This basically means that they are operating at a level where the amount which they produce relates to the amount they spend. 
4 0
4 years ago
Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l
Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

  • trustee will receive $15,000
  • lawyers will receive $10,000
  • Dart will receive $20,000
  • <u>Noll will receive $5,000    </u>
  • total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

6 0
3 years ago
An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and
Airida [17]

An accounting firm has five offices in five separate cities. Employees need to transmit data between the different offices, and it is crucial that none of the data is altered during transmission. This e commerce concern is known as D<u>ata  Confidentiality</u>

<u></u>

Explanation:

  • Data confidentiality is about protecting data against unintentional, unlawful, or unauthorized access, disclosure, or theft.
  • Confidentiality has to do with the privacy of information, including authorizations to view, share, and use it.
  • Confidential Information should not be accessible to an unauthorized person. It should not be intercepted during the transmission.
  • Confidentiality refers to protecting information from being accessed by unauthorized parties.
  • Only the people who are authorized to do so can gain access to sensitive data. Imagine your bank records.
  • A failure of confidentiality, known as a breach, typically cannot be remedied.
6 0
3 years ago
Read 2 more answers
retirement plans play a key role in making a company competitive in the marketplace because they help the employer to attract an
Rama09 [41]

What do you mean by Retirement planning?

It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.

As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.

Main Content

True

Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.

To learn more about Retirement planning

brainly.com/question/28128413

#SPJ4

7 0
2 years ago
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