1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sertanlavr [38]
3 years ago
10

Describe the two primary functions of financial accounting

Business
1 answer:
andreev551 [17]3 years ago
6 0

Answer: Measurement and presentation of financial performance

Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.

The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.

Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.

You might be interested in
When building a new residential development or mall, a national real estate organization typically does not remove many trees, b
Musya8 [376]

Answer:

The answer is: Corporate environmental responsibility

Explanation:

Corporate Environmental Responsibility (CER) is usually a part of Corporate Social Responsibility (CSR). It deals with environmental aspects of the corporation´s activities or operations such as:

  • Reduce or eliminate waste or emissions.
  • Maximize efficiency and productivity of the resources the corporation uses.
  • Reduce or eliminate the operations and activities that affect the environment on a negative way.
  • Recycling materials and obsolete assets.
  • Etc.

In this specific question, the real estate organization is reducing its negative impact on the land by preserving trees.

6 0
2 years ago
Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of
emmasim [6.3K]

Foreign portfolio investment, which is simple people in one country investing in the assets of another country.

5 0
3 years ago
A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
Flauer [41]

Answer:

undifferentiated

Explanation:

8 0
3 years ago
When the media decides to have a "breaking"
Alona [7]
I think it would be impact
3 0
3 years ago
Read 2 more answers
special - time order for 15,000 bird feeders at $ 3,50 per unit Bluebird currently produces and sells . This level represents 80
schepotkina [342]

Answer:

$15,000 Increase

Explanation:

Calculation to determine what the effect on net income will be :

Effect on net income = (15,000 x $3.50) – ($2.50x 15,000)

Effect on net income = $52,500-$37,500

Effect on net income = $15,000 Increase

Therefore If Bluebird accepts this additional business , the effect on net income will be :$15,000 Increase

5 0
2 years ago
Other questions:
  • Per capita GDP is the most practical way to:
    8·1 answer
  • Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
    8·1 answer
  • For smaller income-producing properties, appraisers may use the ratio of a property's selling price to its effective gross incom
    5·1 answer
  • There are more than two types of bachelors’ degrees<br><br> true or false?
    9·1 answer
  • A delivery company spent $3,500 last week upgrading one of its trucks. This week the company is trying to decide if this upgrade
    6·1 answer
  • Two power plants provide power to Chapel Hill residents: plant UNC and plant Duke. Both plants burn coal to produce electricity,
    10·1 answer
  • An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying
    9·1 answer
  • With huge amounts of money being invested in securities during the longest and biggest bull market in American history, who beca
    11·1 answer
  • The _______ has developed privacy principles for its members to impose constraints upon themselves in order to not infringe on t
    14·1 answer
  • At the __________ stage of transforming raw materials into finished goods, managers typically use __________ control methods to
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!