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3 years ago

Off-the-shelf accounting software is not adequate to meet the needs of small businesses. True or False True False

Business

1 answer:

BabaBlast [244]3 years ago

8 0

Answer:

True

Explanation:

Small Business face different operational and managerial circumstances compared to <em>established</em> business.

Off-the-shelf accounting software may not be consistent with these circumstances rendering it cumbersome or unsuitable.

Thus a customized accounting software is most suitable to meet the needs for small businesses

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Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

Evgesh-ka [11]

Answer: 2016 CPI is 110

Explanation:

Given the following :

Base year = 2012

Cost of basket in 2012 = $50

Cost of basket in 2014 = $52

Coat of basket in 2016 = $55

The Consumer Price Index (CPI) is calculated using the formula :

CPI = (weighted cost item in current period / weighted cost of item in base period) × 100

Base period / year = 2012

Current period = 2016

Therefore, 2016 CPI equals;

($55 / $50) × 100

= 110

8 0

3 years ago

Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the bo

grigory [225]

Answer:

The correct options are as follows

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The quantity of Humbugs demanded will not change.

Explanation:

As the question is not complete, the complete question is found online and is attached herewith.

The options given are as follows

Sellers will pay all of the tax.

Buyers will pay all of the tax.

The price of Humbugs will rise to $60.

The price of Humbugs will rise by less than $10.

The quantity of Humbugs demanded will not change.

Now option 1 is not correct as the buyer has to pay the tax not the seller.

option 2 is correct

option 3 is correct

option 4 is not correct as the initial price is $50 and the new price is to be more than $60 thus the rise is more than $10.

option 5 is correct as the demand of the hamburger will remain the same.

5 0

3 years ago

The monthly bank statement has to be compared with the:

BlackZzzverrR [31]

Checkbook
computer software

4 0

3 years ago

which federal agency reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choic

Ainat [17]

The Bureau of Competition federal agency reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choices, or less innovation.

The FTC's Bureau of Competition is the section in charge of cracking down on and preventing "anticompetitive" corporate activities. This is achieved through the application of antitrust laws, examination of prospective mergers, and research into other non-merger business practices that can harm competition. Vertical constraints, which include agreements among firms at various levels of the same sector, and horizontal restrictions, which involve agreements between direct competitors, are two examples of these non-merger procedures (such as suppliers and commercial buyers).

Antitrust law enforcement is shared by the FTC and the Department of Justice. The Department of Justice's Antitrust Division has the authority to pursue both civil and criminal antitrust actions, despite the fact that the FTC is in charge of the civil enforcement of antitrust statutes.

Learn more about Bureau of Competition, here

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5 0

1 year ago

A landowner in fee simple signed a promissory note for $10,000 to a bank, and secured the note by a mortgage of her land to the

iren [92.7K]

Answer:

D) Both the landowner and the attorney.

Explanation:

The bank will succeed in obtaining a judgement against both the former landowner and the attorney. The bank can sue either of them or both of them, but it can only collect the $5,000 once.

When the attorney assumed the mortgage, he expressly promised to pay it. The lender becomes a third party beneficiary of the attorney's promise to pay and can sue him if the mortgage isn't paid.
The former landowner became secondarily liable to the lender in case the attorney didn't pay.

7 0

3 years ago