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makkiz [27]
3 years ago
14

Generally Accepted Accounting Principles (GAAP) are not routinely used in health care organizations. Group of answer choices Tru

e False
Business
1 answer:
Masja [62]3 years ago
6 0

Answer:

False

Explanation:

Generally Accepted Accounting Principles (GAAP) standards are used by health care organizations, specially large health care corporations since the Securities and Exchange Commissions (SEC) requires that all publicly traded corporations must follow GAAP standards. Even public hospitals use their own modified version of GAAP, which has been adapted to them specifically.

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Angus Company agreed to sell goods for Longhorn Company on consignment, but wasn't willing to take ownership of the goods in cas
vladimir2022 [97]

Answer: D. Longhorn owns the inventory and should report it on its balance sheet.

Explanation:

Goods to be sold on consignment for a company means a company is selling goods for another company and will be paid for their services.

In that case, the company being sold for will retain the ownership of the goods because the company that is selling it for them is simply providing a service.

Angus in this scenario are simply holding the goods to sell it and so do not own the goods. Longhorn should therefore record it in their own books as inventory.

3 0
3 years ago
Logistics systems should be designed to achieve customer service goals while maintaining lowest possible financial investment in
shepuryov [24]

Logistics system should be designed to achieve customer service goals while maintaining lowest possible financial investment in inventory.

The main purpose of logistics system is to increase the experience of the customer  and to improve profits of the organization. Reducing the cost of inventory may add to the profits of the company.

Managing the inventory is an instinct part of the smooth running of businesses. Recognizing which and how much stock has to be ordered, is useful to continue the inventory levels and content the customers. Timely delivery of the product adds to the customer satisfaction.

To learn more about inventory here

brainly.com/question/15118949

#SPJ4

8 0
1 year ago
g The Federal Reserve can lower short-run output by Group of answer choices lowering the real interest rate. increasing the mone
Viktor [21]

Answer: Decreasing the money supply

Explanation:

When the Fed reduces money supply, it will remove the amount of excess money that people have to spend in the economy. This will lead to prices reducing because people no longer have a lot of money to spend on products therefore they will demand less goods. This will lead to the Aggregate demand curve shifting to the left. The new intersection with the Aggregate Supply curve will be at a point where prices will be lower and less quantity will be demanded which will signify a drop in the short-run output of the economy.

5 0
3 years ago
holi, me podrían ayudar diciéndome unos ejemplos de un catalogo de cuantas plis?? estuve buscando pero no encuentro ninguno :((
FrozenT [24]
<h3>Answer:Una catálogo de cuentas es un documento que es usado para registrar las operaciones de una organización. Es decir, sirve para establecer cuál es la estructura de la empresa a la hora de contabilizar las actividades del negocio. Este tipo de documentos son muy importantes en el ámbito de la contabilidad, dado que facilitan enormemente el registro de las transacciones económicas, sistematizando todo tipo de gasto e ingreso que se haya realizado.  </h3>

Explanation: Espero que esto te ayude si no dime para ir a buscar mas informacion!

8 0
3 years ago
A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to
solniwko [45]

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

7 0
2 years ago
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