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3 years ago

Belinda keeps a record of her expenses for the week as shown:

Business

1 answer:

Mademuasel [1]3 years ago

6 0

Answer:

d. $38.00

Explanation:

The computation of the overall Belinda expense for the week is shown below:

= Bus fare expense + lunch out expense + hair cut expense + movie rental expense

= $8.70 + $7.35 + $16 + $5.95

= $38

We have added all the types of expenses that are provided in the case i.e. bus fare, lunch out, hair cut and movie rental expenses.

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mcgraw hill Question Mode Multiple Choice Question Upper-echelons theory views organizational outcomes as a reflection of the va

maks197457 [2]

Answer:

Upper-echelons theory views organizational outcomes as a reflection of the values of the top management team

Explanation:

What is top management team?

The top management team is a composed of the key manager in the organization who are responsible for selecting and implementing the firm's strategy. 

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2 years ago

In elementary school, your second grade teacher probably led his students from the classroom to the lunch room or the library by

Andrew [12]

Answer:

The correct answer is command economy.

Explanation:

The planned or centralized economy is one in which the key questions of the economy about what, how and for whom to produce are resolved directly by the State.

The planned economy has as its main objective the equal distribution of income. For this, the State must intervene in the economy and take charge of the tasks of distribution of resources. They require the replacement of private property by the collective in the means of production, exchange and distribution. It is a type of economic system contrary to capitalism or market economy.

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3 years ago

Do y’all know any best clothing shop to buy?

Lorico [155]

Answer:

H and M, Gap, Gucci, Marshalls, Forever 21

Or Walmart

Explanation:

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3 years ago

A sudden increase in inflation, ceteris paribus, a. Raises the real income of lenders relative to borrowers. b. Raises the CPI a

Nikitich [7]

Answer: Raises the CPI and reduces real income.

Explanation:

Inflation is a sustained rise in the general price level of the goods and services in an economy during a particular period. It is usually expressed as a percentage. Inflation leads to a reduction in the purchasing power of a country's currency.

Real income reduces because a rise in the price level with nominal income constant reduces the purchasing power of money. People holding real assets are better off than people who are holding cash.

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3 years ago

During its first year in business, Comfy Home accounted for its inventory using the last in first out (LIFO) method. In the seco

Dmitry [639]

Answer:

Consistency principle

Explanation:

Accounting principles are defined as the general rules of.axcpunting that businesses are expected to follow when reporting financial information.

Accounting principles include:

- Accrual principle

- Conservatism principle

- Consistency principle

- Cost principle

- Economic entity principle

- Full disclosure principle

- Going concern principle

- Matching principle

- Materiality principle

- Monetary unit principle

- Reliability principle

- Revenue recognition principle

- Time period principle

Consistency principle requires one the continue using an accounting method consistently for future accounting periods so that information can be easily comparable.

In the given scenario the accountant tells Tenisa that US GAAP allows a company to choose its inventory valuation method as long as it doesn't change over time without a justifiable reason.

This is an example of consistency principle

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2 years ago