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Paladinen [302]
3 years ago
10

What is the book of first entry​

Business
1 answer:
taurus [48]3 years ago
3 0

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

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In order to have an effective group and teams, it's a must that the team build strong communication between each members. Communication gives clearer understanding in every tasks or challenges that the team or the group will undergo. It's also a must that the team have initiative to move forward
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3 years ago
The closer the smoothing constant, ALPHA, is to 0 the greater the reaction to the most recent demand the greater the dampening,
GenaCL600 [577]

Answer: the greater the dampening, or smoothing effect

Explanation:

The smoothing constant determines the level at which a forecast is influenced by previous observations. It simply determine the sensitivity of forecasts with regards to the changes in demand.

It should be noted that large values of α will lead to a scenario whereby forecasts will be more responsive to the more recent levels. On the other hand, the smaller values will result in a damping effect. Therefore, the closer the smoothing constant to α, the greater the dampening, or smoothing effect.

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3 years ago
Choose the correct description of variable and fixed costs. A. A variable cost is related to a particular cost object and can be
Pachacha [2.7K]

Answer:

B.

Explanation:

Fixed costs are those costs which are not output dependent. Are fixed till certain level of output. The fixed cost per unit changes with output.

Variable costs are those costs which are output dependent. There is a positive correlation between the production output and the variable cost. The variable cost per unit remains constant.

With the classification of cost into fixed and variable, the manager can count the break even point, in amount terms as well as in the number of unit terms.

The ratio between the variable cost and fixed cost shows how much adjustable is the organization.

6 0
2 years ago
Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth no
leva [86]

Answer:

<em>Rodney Cashman's fund is worth $ 465,862.95 after investing for the past 18 years.</em>

Explanation:

Given: Number of periods - 18 years * 4 quarters = 72

Periodic payment - $2,000

Interest Rate - 11.5%

Formula: FV of Annuity= p [(1+ r/m)n-1/ (r/m)]

Where:

P - Periodic Payment

r - interest rate

n - number of periods

m - compounding period

FV of Annuity =$ 465,862.95

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2 years ago
The relationship between you and a person selling you a used car falls into which of pinker’s three major relationship types?
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3 years ago
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