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alex41 [277]
3 years ago
9

The purpose of posting is to?

Business
2 answers:
makvit [3.9K]3 years ago
8 0
Update the account balances in the ledger.
Gnom [1K]3 years ago
4 0
Purpose of posting is to show changes that took place in the business account as a result of Financial transaction
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olap is an example of which type of analytics? question 22 options: a) descriptive b) prescriptive c) providing d) predictive
babymother [125]

The correct Option is D. OLAP is an example of a Predictive type of analytics.

Analytics is the systematic computational evaluation of statistics or information. it is used for the discovery, interpretation, and conversation of significant styles in statistics. It additionally involves making use of facts styles toward effective decision-making. it is able to be precious in areas rich with recorded statistics; analytics relies on the simultaneous utility of information, laptop programming, and operations research to quantify overall performance.

Records analytics is a multidisciplinary field. there is extensive use of pc abilities, mathematics, records, the use of descriptive techniques, and predictive fashions to gain treasured knowledge from records through analytics. humans Analytics won't certainly belong within Human resources in companies.

To learn more about Analytics visit here:

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5 0
1 year ago
You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: "According to an
shtirl [24]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in t
Alisiya [41]

Answer:

$48,200

Explanation:

The computation of the direct material cost for the month of May is shown below:

Direct materials cost = Beginning raw materials inventory + purchases made  - Ending balance of raw materials - Indirect materials

= $24,000 + $71,000 - $44,000 - $2,800

= $48,200

Hence, the direct material cost for the month of May is $48,200

3 0
3 years ago
An individual works in a small manufacturing business with fewer than 100 employees. The company does not offer a retirement pla
MA_775_DIABLO [31]

Answer:

Traditional IRA

Explanation:

Traditional IRA is an individual retirement account that is held at a custodian institution such as a bank. The funds can be invested in various assets such as certificate of deposit, stocks and mutual funds to generate interest.

It is simpler to enroll with than the Roth IRA and the only requirement is the fund to be invested. Transactions in the account are not subject to taxation. Taxes only apply at withdrawal.

The traditional IRA will be the best option for this person because of the ease of enrollment and freedom from taxes on transactions.

7 0
3 years ago
The accounting manager of Gateway Inns has noted that every time the inn's average occupancy rate increases by 3.3 percent, the
creativ13 [48]

Answer:

1.39

Explanation:

Data provided

Operating cash flow = 4.6%

Average occupancy rate = 3.3%

The computation of degree of operating leverage is shown below:-

Degree of operating leverage = Operating cash flow ÷ Average occupancy rate

= 4.6% ÷ 3.3%

= 0.046 ÷ 0.033

= 1.39

Therefore the correct answer is 1.39. so the option is not available and for computing the degree of operating leverage we simply applied the above formula.

8 0
3 years ago
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