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4 years ago

Money that has been spent and cannot be recovered is known as ____ costs.

2 answers:

7 0

Money that has been spent and cannot be recovered is known as sunk costs. The term sunk cost is used in economics and business decision-making. It denotes a cost that has already been incurred. These costs are excluded from future business decisions because the cost will be the same regardless of the outcome of a decision

inessss [21]4 years ago

4 0

Money that has been spent and cannot be recovered is SUNK costs

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Temporary earnings are best characterized as:(A) earnings from nonoperating activities.(B) earnings that arise from events that

evablogger [386]

Answer: Option D

Explanation: In simple words, these are accounts from which the cash flows are not stable and there is no guarantee that the entity will be able to get that benefit in the next accounting period.

The word "temporary account" applies to materials found on your statements of income, such as income and expenditure. Unlike regular accounts, temporary accounts must be ended to start the new accounting cycle with zero balances at the end of your company's accounting period.

Hence from the above we can conclude that the correct option is D.

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3 years ago

When exchange rates change, the value of a foreign subsidiary's assets and liabilities that are denominated in a foreign currenc

noname [10]

Answer:

The correct option is C,when they are viewed from the perspective of the parent firm.

Explanation:

In translating the foreign currency denominated subsidiary into parent's company presentation currency,the values of the subsidiary assets and liabilities change in order that the group financial performance(income statement) and position(balance sheet ) can be presented in one single uniform currency such that it is much easier for stakeholders to view the combined entity results in one single document.

This would accord the stakeholders to take important decisions on the entity as whole ,for instance a buy/divest decision.

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4 years ago

natta225 [31]

Answer:A. Recycle their old cell phones

Explanation:just took the test on edgeunity

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3 years ago

The system in which the country pegs its currency (e.g., Chinese yuan, Saudi Arabian riyal) at a fixed rate to a major currency

Assoli18 [71]

The system described above refers to the Fixed Exchange Rate System.

<h3>What is the fixed exchange rate system?</h3>

The fixed exchange rate system is a term that refers to the exchange regime of a monetary unit whose value is adjusted according to the value of another reference currency such as the Dollar or the Euro.

According to the above, the currencies of different countries gain or lose value according to their change with respect to the reference currencies.

This system has become widespread in the world with the aim of facilitating trade and investment between countries with the reference currencies.

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2 years ago

Starbucks is opening a location in china every 15 hours, and just opened its largest location in the world in shanghai. Which me

Vaselesa [24]

People do have strategy. The method of international expansion is Starbucks utilizing is wholly-owned subsidiaries.

<h3>What is a wholly owned subsidiary?</h3>

This is often regarded as a type of firm that has its common stock to be fully owned by a parent company.

Wholly owned subsidiaries is known as one that allow the parent company to spread out, manage, and also lower its risk. This owned subsidiaries handles all legal control over operations, products, etc.

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2 years ago