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77julia77 [94]
3 years ago
7

Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online

Business
1 answer:
tiny-mole [99]3 years ago
5 0
I need more information to properly answer this question.
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In order to be useful to managers, managerial accounting reports should possess all of the following characteristics except a.be
lakkis [162]

Answer:

c.be prepared in accordance with generally accepted accounting principles.

Explanation:

Managerial accounting involves the use of accounting information by managers to make business decisions, this aids in management and control functions in a business.

Managerial accounting does not follow normal generally naccepted accounting practice but is ather tailored to the needs of the user. It is focused on how managers can plan for the future, develop plans for the company, and check if their earlier decisions were accurate.

Financial accounting on the other hand focuses on following accounting standards in reporting financial activity of a business.

Examples of areas of application of managerial accounting include job order costing, process costing, understanding cost behaviour, operational budgeting, and so on.

7 0
3 years ago
Your company wants to hire a third-party vendor to handle all of the customer service calls because they are a well-known leader
Fantom [35]

Answer:

The correct answer is the option A: Include the following in your presentation.

Explanation:

First of all, if as a manager you look forward to convince your employer to not hire a third-party that carries your area then the most effective recommendation would be to include the majority of info that is neccesary in a statement that proves the value that you have in the area and that there is no need of increasing the costs by involving another party. That is why, that by identifying the fallacious in the learning team, selecting five points that support your decision, descrbing how your logical reasoning counteracts the fallacious and summarizing why your seleceted business decision would be more effective would increase the fact of convincing the employer.

7 0
3 years ago
Herc Co.’s inventory at December 31, Year 1, was $1.5 million based on a physical count priced at cost, and before any necessary
tensa zangetsu [6.8K]

Answer:

D) $1,710,000

Explanation:

Before adjustments, the inventory balance was $1,500,000; you must add merchandise purchased FOB shipping point (title passes at the moment merchandise is shipped) and the merchandise that was located in the shipping area:

adjusted final inventory = $1,500,000 + $90,000 + $120,000 = $1,710,000

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3 years ago
Jamie is looking for a new job. she used to be the top sales representative for the region and was expecting to be promoted. how
puteri [66]

Jamie's dissatisfaction with her current job stems from a breakdown in the performance-reward. Although Jamie is a top performer for her region, she did not receive the promotion so it hurt her because she thought she'd get it due to her excellent performance. She thought she'd get promoted based on performance but when that didn't happen, she was dissatisfied.

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3 years ago
A firm can be said to have competitive advantage when it has access to resources that others do not.
Anastasy [175]
Hi! The answer is a. True
8 0
3 years ago
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