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JulsSmile [24]
3 years ago
11

Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline

d the process so that only one RA is needed for all their systems.
a. True
b. False
Business
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:FALSE

Explanation: Large Organisations have several Revenue channels,so they have multiple streams of income,this streams of income can not be channelled through one path,but will have to follow different channels or Revenue accounts.

In small Organisations like the Sole proprietorship,their is only one or limited source of income,hence the income/revenue is regulated through one account which can be the account of the owner of the Business.

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The number of businesses owned by hispanics and asians has:
Lina20 [59]

The answer is Minority-owned businesses. The growth in number of businesses owned by African Americans, Hispanics, and Asian Americans has outpaced overall growth and the Immigrants own nearly 15 percent of all small businesses and are more likely to own small businesses than native-born citizens.

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4 0
3 years ago
Each share of common stock provides the investor with a ________ right that offers the investor the first right to purchase any
Marina CMI [18]
Had to look for the options and the answer the best fits the blank provided is PREEMPTIVE. When we say preemptive right, this is the right granted to certain shareholders in order for them to buy additional shares in the company. Hope this answers your question.
4 0
3 years ago
Read 2 more answers
Companies prefer that their working capital is a positive amount rather than a negative amount. True or false
Roman55 [17]

Answer:

True

Explanation:

The working capital is the difference between the current assets that is used in daily operations e g cash to current liabilities that are to be met in daily operations e g suppliers credit.

It's better kept at ratio 2:1 for the Company to continuously meets his obligations in order to ensure perpetuity.

5 0
3 years ago
Gabriel Company views share buybacks as treasury stock. In its first treasury stock transaction, Gabriel purchased treasury stoc
denis23 [38]

Answer:

b. decrease no effect

Explanation:

When the treasury stock is repurchased and at a premium. That is the price more than the par value, the excess is debited to the additional paid in capital account as this is the account used to fund the additional amount required to pay the differential.

Retained earnings on the other hand are unaffected by this transaction as long as the company has enough funds in the paid in capital account to complete the transaction.

Total paid in capital will decrease

Retained earnings will have no effect

Hope that helps.

5 0
2 years ago
A company accepts a customer's order on November 30 and immediately delivers the goods to the customer. On December 1, the compa
Step2247 [10]

Answer:

A) November 30

Explanation:

Based on accrual principle of accounting, revenue is recognized when it is earned and not necessarily when cash is received.

Revenue is said to be earned when the obligation of the delivery of service or goods sold has been met.

As such, where a company accepts a customer's order on November 30 and immediately delivers the goods to the customer, revenue is said to be earned (and will be recognized ) on the day of delivery.

6 0
3 years ago
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