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sveta [45]
3 years ago
9

Which of the following statements correctly describes how accounting helps managers? Select one: a. Accounting provides better w

ays to document meeting minutes. b. Accounting centralizes and organizes processes. c. Accounting provides better ways to conduct customer surveys.
Business
1 answer:
il63 [147K]3 years ago
8 0

Answer:

The correct answer is letter "B": Accounting centralizes and organizes processes.

Explanation:

Managerial Accounting is internally-based accounting that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes in more general, higher-level financial results of the company.  

One common managerial accounting tool in determining the profit margin in each of the company's products. This information helps managers set product prices and ensure they are making appropriate profit margins.

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Which of the following statements is true? Group of answer choices If current Real GDP is greater than Natural Real GDP, the eco
Archy [21]

Answer: Wages are flexible if the economy is self-regulating.

Explanation:

Classical economists believe that the economy is self-regulating. This means that if the economy is not at equilibrium, it will return to equilibrium if it is left without interference.

For this to happen, inputs such as wages have to flexible to enable them to adjust to market conditions and thus take the Economy back to equilibrium.

For instance, if there is a recession, wages will reduce so that the prices that the producers can charge will reduce as well which will enable supply to match demand and bring the economy back to equilibrium.

4 0
3 years ago
A measure of the burden of continual deficit financing over time is the ratio of:.
Ksju [112]

Answer:

Explanation:

the debt to the GBP

8 0
1 year ago
Arizona Desert Homes (ADH) constructed a new subdivision during 2017 and 2018 under contract with Cactus Development Co. Relevan
kipiarov [429]

Answer:

The Journal entry is as follows:

Construction in progress A/c   Dr. $950,000

Cost of construction A/c           Dr. $1,600,000

To revenue from long term contracts                       $2,550,000

(To record the revenue in 2018)

Workings:

Cost of construction:

= cost of 2017 + cost of 2018

= $1,100,000 + $500,000

= $1,600,000

4 0
3 years ago
What is groupthink? question 5 options:
Ivahew [28]
Groupthink is <span>c. modification of the opinions of members of a group to align with what they believe is the group consensus
When a social group openly held a certain principles or perspective, their members tend to modificate their principles or perspective to align with the group's in order to avoid being considered as an outcast within the group.</span>
8 0
3 years ago
GDP can be calculated by summing _____. rev: 04_09_2018 Multiple Choice consumption, investment, government purchases, and net e
ss7ja [257]

Answer:

consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Imports is subtracted from GDP and not added

3 0
3 years ago
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