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Minchanka [31]
3 years ago
10

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

Business
1 answer:
KengaRu [80]3 years ago
4 0

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

Two occupations that pay entirely different wage are a lawyer and a housekeeper. One of the major reasons that there is a difference in the pay, is the requirements to obtain the job are vastly different. A lawyer requires years of school, passing standardized tests and more just to be qualified to apply for the position. A housekeeper can gain experience while working on the job without certifications.

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For which of the following businesses would the job order cost system be appropriate? a.oil refinery b.canned soup processor c.l
attashe74 [19]

Answer:

The correct answer is letter "C": lumber mill.

Explanation:

Job orders are forms that are given to workers that typically represent a third party to a company so they can perform a specific work. Besides, the job order includes the time expected for the worker to finish the job, the estimated wage charged, the materials needed to perform the job, and the number of employees necessary.

<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.

4 0
3 years ago
If project A generates $10 million of free cash flow over its five year useful life and project B generates $8 million of free c
fredd [130]

Answer: False

Explanation:

This seems to me like a True or False question and the answer would be False.

Payback period is calculated on the basis of the timing of cash flows and since we do not know the useful life of Project B neither do we know the timing of it's cash flows, we cannot say for certain that Project A has a shorter Payback period.

For example, the initial investment could be $5 million for instance but Project A only pays $10 million on its 5th year whereas Project B had a useful life of 4 years and paid $2 million each of those years. Meaning it would have paid back before the end of the 3rd year.

If you need any clarification do react or comment.

8 0
2 years ago
For a restaurant, the logical activity base for wages expense would be a. number of customers. b. number of employees. c. number
vovikov84 [41]

Answer: The answer is B, the logical activity base for salary expenses is Number of employees.

Explanation:  

For a restaurant, the logical activity base for salary expenses is the number of employees because the more employees you have, the more salary expenses the company will have.

6 0
3 years ago
Use Financial accounting in a sentence​
nlexa [21]

Answer:

Explanation:

1. Accounting Theory Accounting theory is conventionally concerned with financial accounting, i.e. with accounting to external providers of finance.

2. Financial accounting information is classified into the categories of assets, liabilities, owner's equity, revenues, expenses, and net earnings (or net loss).

3. So in some course books of financial accounting, the ledger accounts Sales Returns and Allowances, Sales Discounts are called the off-set accounts of Sales Income.

4. For a long time financial accounting serves in keep and accounts.

5. Financial accounting the goal is expected accountant achieves goal or boundary.

6. The financial accounting report in the annual report must be audited by an accounting firm qualified to audit securities and futures business activities.

7. As a branch of financial accounting, accounting for income tax is different frow income tax accounting and it deals with the difference between accounting income and taxable income.

 

8. Cost measurement covers two different fields: financial accounting and managerial accounting.

9. Among the organizations, International Accounting Standard Committee and Financial Accounting Criterion Committee of U. S.

10. The article analyses the component parts of financial accounting report in detail.

11. The top U.S. accounting rulemaker, the U.S. Financial Accounting Standards Board, will discuss mark-to-market guidance at its board meeting on Monday, according to its website.

12. As contrasted with financial accounting, a managerial accounting information system provides both historical and estimated information that is relevant to the specific plans on more frequent basis.

13. Since the Financial Accounting Standards Board has specifically called for using the title statement of cash flows, title diversity virtually does not exist for this statement.

14. Financial accounting has the function of control.

15. Get the Financial Accounting Standards Board to make public companies disclose one number that's currently not required -- the amount of federal income tax they pay for a given year.

15. Sentencedict.com is a online sentence dictionary, on which you can find excellent sentences for a large number of words.

16. With his support and encouragement I took my first somewhat unsteady steps towards the production of a unit in financial accounting.

17. It is also important to note, at the outset, the distinction between financial accounting and management accounting.

18. Readers interested in further details may consult any standard financial accounting textbook.

19. The term generally accepted accounting principles is somewhat debatable in the field of financial accounting.

20. Under generally accepted accounting principles, companies may use straight-line or one of the accelerated methods of depreciation for financial accounting purposes.

21. What has particularly alarmed some corporations is that Jenkins now is chairman of the Financial Accounting Standards Board.

22. Subject matter includes international accounting, accounting education , information systems, financial accounting, managerial accounting, and legal topics.

23. The CNAO has taken the task of preparing The Interface Standard for Financial Accounting Software Data.

24. Business combinations have caused a series of problems to financial accounting, such as how to recognize the purchase cost, how to measure goodwill, and how to choose accounting methods and theories.

25. Article 4 No organization or individual may instigate, instruct or force an enterprise to compile and tender a financial accounting report which is false or conceals any important fact.

26. Asset measurement is one of the core issues of Financial Accounting, and it is also among the most controversial ones.

27. The company that issues new stocks or bonds in accordance with the law shall also publish its financial accounting report.

28. The paper analyzes the great influence of the intelligence economy on the three factors of financial accounting report.

29. Assist in investment and finance project, providing services and support of financial accounting, cost and sensibility analysis.

30. Securities and Investment is a freely elective course of the Financial Accounting Education specialty.

7 0
3 years ago
When do many companies expect to have a net loss
VLD [36.1K]
Every quarter the company can expect a loss
8 0
3 years ago
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