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2 years ago

Which of the following statements is correct regarding expenses.

Business

1 answer:

Marina CMI [18]2 years ago

6 0

Answer:

b. Expenses are increased on the left side of their T-account because they decrease equity.

Explanation:

Expenses arise during operation. The conceptual framework defines expenses as decrease in economic benefits as a result of increase in liabilities and decreases in assets. The result being a decrease in equity attributable to shareholders. Examples of expenses include depreciation, interest, utilities and wages expenses.

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A nurse is caring for a client with dehydration at the health care facility. the client is receiving glucose intravenously. what

Bond [772]

A gauze pad or bandaid

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2 years ago

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What do you understand from the term, ‘monopoly’. Give an example of a government-created monopoly. Is creating this monopoly ne

hodyreva [135]

Answer:

A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)

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2 years ago

How often are people likely to communicate interpersonally

Y_Kistochka [10]

Answer:

rarely these day's maybe family that's bout it.

Explanation:

Interpersonal communication is the process by which people exchange information, feelings, and meaning through verbal and non-verbal messages: it is face-to-face communication.

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2 years ago

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Proponents of the recently introduced tax on sales of new luxury boats had argued that a tax of this sort would be an equitable

Vesnalui [34]

Answer: Option (B) is correct.

Explanation:

The new tax on sales of these luxury boats considered to be a reasonable way to boost government revenue thereby tax burden would most likely fall only on the wealthy individual and therefore neither they nor any other individual would suffer.

But 20% of employees hired by manufacturers of these luxury boats lost their jobs as a result of the respective tax.

If true, the following will most strongly support the above arguments: The tax would induce a net gain in revenue created by tax for the state only if yearly revenue that it creates goes beyond the total of yearly tax-revenue decline resulting from employees loss of jobs.

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2 years ago

Which of the following statements regarding the statement of cash flows is incorrect?

hoa [83]

Answer:

B. Due to its format and level of detail, most individuals have difficulty comprehending the information reported in the statement of cash flows.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

The following statements regarding the statement of cash flows are correct;

I. The statement of cash flows presents a detailed summary of all the cash inflows and outflows, or the sources and uses of cash during the period.

II. The income statement, the statement of stockholders’ equity, and the balance sheet each present some information about the cash flows of an enterprise during a period.

III. The statement of cash flows reports the following:

(1) the cash effects of operations during a period,

(2) investing transactions,

(3) financing transactions, and

(4) the net increase or decrease in cash during the period.

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2 years ago