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
Svetlanka [38]
3 years ago
13

Financial statements are the major means of communicating accounting information to interested parties. Group of answer choices

True False
Business
1 answer:
makkiz [27]3 years ago
3 0

Answer:

True

Explanation:

Financial statements are documents that reports and shows the financial standing of an organization . Financial statements are prepared by an organization to show the performance of the company been for a calculated any financially.

A Financial statement usually contains balance sheets, income statements, statements of cash flow, which are types of pilot

Financial statements communicates account information to interested parties as it help the involved parties to either invest more or not.

Cheers.

You might be interested in
Scout Company sold $15.000 of merchandise in September with a three-month warranty. The cost to repair defects under warranty is
chubhunter [2.5K]

Answer: debit to Product Warranty Expense for $750

Explanation: 5% of $15000 =

5 ÷ 100 × $15000 is $750.

This is an expense and so will be a debit.

8 0
2 years ago
TIME REMAINING
Otrada [13]

Answer:

based on the economics , the one that should be the most influential in making the decisions is : the value of resources The value of resources refer the one's capability in spending their resource to get what they want. An entity with low amount of resources , tend to be more careful about how they spent their resource Hope this helps. Let me know if you need additional help!

Explanation:

3 0
3 years ago
Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of s
cestrela7 [59]

Answer:

Income elasticity of demand for snarfblatts is 1.

Explanation:

the consumer spends 20% of the income on snarfblatts, thus the percentage change in consumption of the snaerblatts is equal to the percentage in income, that is:

Elasticity = % change in demand of snarfblatts/% change in income

               = 1

Therefore, Income elasticity of demand for snarfblatts is 1.

6 0
3 years ago
What are the costs of “freebie” items?
Oliga [24]

Answer:

The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.

Explanation:

3 0
3 years ago
Mario spent a total of $87. 33 last week, but did not keep a perfect record of where his money went. Fortunately, Mario does hav
Xelga [282]

it is option A

giv me points

3 0
2 years ago
Other questions:
  • Making periodic deliveries of products to each zara store is an example of
    11·2 answers
  • "jack is age 70, blind, and has adjusted gross income of $25,000 from a pension plan. his wife is 64 and they file a joint retur
    14·1 answer
  • A short-term lease: Multiple Choice Must be accounted for by the short-cut method if using U.S. GAAP. Is defined as having a val
    13·1 answer
  • Identifying Variable Costs, Committed Fixed Costs, and Discretionary Fixed Costs Required: Classify each of the following costs
    5·1 answer
  • A war begins between two countries, causing a need for thousands of men workers to produce uniforms and Nezos
    14·1 answer
  • Which of the following statements is true regarding today's marketing communications?
    7·1 answer
  • A. she was born on august? 4, 1950, and lived at 37 gesner street until she was sixteen.
    11·1 answer
  • The Federal Reserve System is __________. ANSWER Unselected the central bank of the United States Unselected also known as the U
    10·1 answer
  • Help quick!
    8·2 answers
  • A share of stock with a beta of 0. 75 currently sells for $50. Investors expect the stock to pay a year-end dividend of $2. The
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!