All categories

2 years ago

Match the following statements to the appropriate terms.

Business

2 answers:

Korolek [52]2 years ago

8 0

Answer:

a. The cost of products that are partially complete = 6. Work in progress inventory

b. The function of keeping activities in accordance with plans = 5. Controlling

c. Primarily concerned with internal users and reports pertain to subunits of the entity. = 1. Manangerial Accounting

d. Materials that can be physically and directly associated with manufacturing a product. = 7. Direct materials

e. The function of setting goals and objectives. Indirect costs of manufacturing a product. = 3. Planning

f. Primarily concerned with external users and reports pertain to the entity as a whole. = 2. Financial accounting

g. Costs that are noninventoriable. = 9. Period costs

h. All business processes associated with providing a product or service. = 10. Value chain

i. The function of coordinating diverse activities to produce a smooth-running operation. = 4. Directing

Explanation:

ad-work [718]2 years ago

3 0

Answer: A 6, B 4, C 1, D 7, E 3, F 2, G 9, H 10, I 5,J 8.

Explanation:

Managerial accounting - Primarily concerned with internal users and reports pertain to subunits of the entity.

Financial accounting - Primarily concerned with external users and reports pertain to the entity as a whole.

Planning - The function of setting goals and objectives.

Directing - The function of coordinating diverse activities to produce a smooth-running operation.

Controlling - The function of keeping activities in accordance with plans.

Work in process inventory - The cost of products that are partially complete.

Direct materials - Materials that can be physically and directly associated with.

Manufacturing overhead - Indirect costs of manufacturing a product.

Period costs - Costs that are non-nventoriable.

Value chain - All business processes associated with providing a product or service.

You might be interested in

How to calculate cost of sales and gross profit

marin [14]

<h2><em><u>Answer:</u></em></h2><h2><em><u>Answer:Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales)</u></em></h2>

4 0

2 years ago

Yvonne knows her firm must look at everything it does from a consumer's point of view. One major difficulty is that consumers' _

hram777 [196]

Answer:

Needs, wants, and ability to purchas

Explanation:

There is no reason to focus on consumer needs thousands of years ago. But we can say that technological advances and communication are wreaking havoc in this regard. Trends and fashions mark each day more than we want to obtain, consume and buy. And that has multiplied by a thousand in the last hundred years

3 0

3 years ago

Assume that because of a new law, the types of significant transactions a partnership engages in are no longer lawful. two of th

hammer [34]

No thsy will have to sell their share

3 0

3 years ago

During 2017 sales on account were $390,000 and collections on account were $230,000. also, during 2017 the company wrote off $22

Scilla [17]

Answer:

[(Accounts receivable at the beginning of the year + $138,000) - $144,000] - cash realizable value at the beginning of the year

Explanation: The question is incomplete but just apply the missing figures: [(Accounts receivable at the beginning of the year + Sales on account - Collections on account - write off) - bad debt] - cash realizable value at the beginning of the year

[(Accounts receivable at the beginning of the year + $390,000 - $230,000 - $22,000) - $144,000] - cash realizable value at the beginning of the year

5 0

3 years ago

Read 2 more answers

Agent Higgins helps Mrs. O'Malley to enroll in AB Medicare Advantage (MA) plan during the Annual Open Enrollment Period. Mrs. O'

Neko [114]

Answer:

Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.

If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.

4 0

3 years ago