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3 years ago

Which action is specifically recommended to enhance your credibility in the field of accounting?

Business

2 answers:

LenaWriter [7]3 years ago

6 0

Answer:

I'm pretty sure it's A, "complete a certification or qualification program offered by a professional association."

Explanation:

I believe this as it makes sense and I've had a question similar to this and got it right as the question and options where quite the same.

Olegator [25]3 years ago

3 0

A. complete a certification or qualification program offered by a professional association

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Which of the following would represent the order in which most master budgets are prepared? Multiple Choice Sales, Income Statem

AlekseyPX

Answer:

Sales, Purchases, Cash, Income Statement

Explanation:

The Budgeting Process Starts with determining the Number of Units that need to be sold.Then the Production Budget is prepared to determine the number of units which need to produced to meet the sales.Within the production Budget we can establish the amount of Purchases the firm need to make to satisfy production.A Cash Budget is then prepared to establish Balances of cash from inflows (sales budget) and outflows (purchases budget). then Lastly the Income Statement.

8 0

4 years ago

Based on the net income of the shop, the sales staff at Francesca's Fashions receive performance bonuses. In periods of declinin

lana [24]

Answer:

B: LIFO

Explanation:

Based on the information provided it can be said that in this situation the costing method that would bring the most benefit would be LIFO costing method. This acronym refers to last-in-first-out and describes a method of assuming that the last items that enter an inventory are always the first ones to be sold during that accounting year. This method would provide the most benefit because it usually results in higher cost of goods sold and a lower overall inventory.

4 0

4 years ago

Which of the following is not an assumption of the productions possibilities frontier?

lesya [120]

Answer: Option D

Explanation: A frontier of development possibilities determines the set of choices made by society for the mixture of goods and services it can create, given the available resources capacity. Usually considered for an economy, this balancing act extends to every ordinary citizen, and the economic institution as well.

This curve depicts the fact that only by reallocating resources from other goods and thus producing less of them can one good be produced as the resources in hand for production is limited.

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

3 0

3 years ago

When a bank keeps $12 from a $100 deposit as legal reserves, it is using

vitfil [10]

When a bank keeps $12 from a $100 deposit as legal reserves, it is using a fractional reserve system. The correct option among all the options that are given in the question is option "b".

The Fed has defined different categories of money, M1 and M2, according to the money's function. The correct option among all the options that are given in the question is option "b".

6 0

3 years ago

The Freeman Manufacturing Company is considering a new investment. Financial projections for the investment are tabulated below.

solong [7]

Answer:

Year 0 = $0

Year 1 = $5,750

Year 2 = $6,150

Year 3 = $6,550

Year 4 = $4,350

Year 0 = ($37,000)

Year 1 = $14,570

Year 2 = $14,920

Year 3 = $15,270

Year 4 = $15,040

Explanation:

a. Computation of the incremental net income of the investment for each year.

Year 0 Year 1 Year 2 Year 3 Year 4

Sales revenue $19,000 $19,500 $20,000 $17,000

Less Operating costs $4,000 $4,100 $4,200 $3,400

Less Depreciation $9,250 $9,250 $9,250 $9,250

Net Income $0 $5,750 $6,150 $6,550 $4,350

b. Computation of the incremental cash flows of the investment for each year.

Year 0 Year 1 Year 2 Year 3 Year 4

Investment ($37,000)

Sales revenue $19,000 $19,500 $20,000 $17,000

Operating costs ($4,000) ($4,100) ($4,200) ($3,400)

Net working capital ($430) ($480) ($530) ($430)

Recovery $1,870

Cash flow ($37,000) $14,570 $14,920 $15,270 $15,040

4 0

4 years ago