The 3 activities which are part of the function of accounting includes:
- Classifying financial transactions
- interpreting financial transactions
- Recording financial transactions
Accounting (<em>including bookkeeping</em>) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.
As regards the options, 3 activities which are part of the function of accounting includes:
- Classifying financial transactions
- interpreting financial transactions
- Recording financial transactions
In conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.
Missing word includes <em>"1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"</em>
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Answer:
B) 2 percent.
Explanation:
to calculate the expected interest rates we just add the forward rates: 4 + 1 + 1 = 6, and then divide by 3 (the number of forward rates, not the number of years): 6 / 3 = 2
The expectations theory of the term structure states that investors will predict the value of future short term interest rates using the values of current forward rates.
Answer:
The correct answer is D Intel's rule to "maximize margin-per-wafer-start"
Explanation:
Answer:
$12,000 Overhead Underapplied
Explanation:
Calculation to determine what The overapplied or underapplied manufacturing overhead for the year was:
Total pre-determined manufacturing overhead $72,000
($3*24,000)
Less Actual manufacturing overhead cost incurred ($84,000)
Overhead Underapplied $12,000
Therefore The overapplied or underapplied manufacturing overhead for the year was:$12,000 Overhead Underapplied
The reasoning behind lowering the required reserve ratio to 0% is to increase the money supply. The intended effect is to boost production activities.
<h3>What is an expansionary monetary policy?</h3>
Expansionary monetary policy are polices taken to increase money supply. When money supply increases, aggregate demand increases and this boosts production.
Reducing the required reserve ratio and open market purchase are ways of carrying out expansionary monetary policy
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