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3 years ago

Do all accounts serve the same function? Why or why not?

Business

2 answers:

Degger [83]3 years ago

4 0

Answer:

D: No, accounts serve the purpose that their owners choose.

lara [203]3 years ago

3 0

No, accounts serve the purpose that their owners choose. They do not have the same function.

>>>Accounts are financial records of an organization that register all financial transactions, and must be kept at its principal office or place of business.
In accounting, it means the chronological record of changes in the value of an entity's assets, liabilities, and the owners' equity

In banking,it means continuing financial relationship between a bank and a customer,whereby deposits and debts are held and processed within a framework of established rules and procedures.

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In the context of the compensation of expatriate managers, a compensation system designed to match the purchasing power in a per

kirza4 [7]

Answer:

The balance sheet approach.

7 0

2 years ago

Which of the following best defines the Theory of Constraints? a. The concept of purposely creating barriers in a process in ord

blagie [28]

In business, the Theory of Constraints is a methodology or set of principles to improve possible constraints or bottlenecks and maximize results (Option B).

In companies, it is common goals or projects are limited by factors such as:

Time.
Communication problems.
Limited resources.
Leadership issues.
Among others.

These limitations are known as constraints or bottlenecks. Moreover, the Theory of Constraints proposes these factors can help companies achieve a goal or maximize results if the company focuses on improving these limiting aspects.

This means this theory states the process and results can be increased if the bottleneck activities are also maximized (option B).

Learn more in: brainly.com/question/20040228

6 0

3 years ago

Select the correct answer.

Sergio039 [100]

C 2042?????????????????????????????

6 0

3 years ago

Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is

tigry1 [53]

Answer:

option (c) $167,597.77

Explanation:

Data provided in the question:

Monthly mortgage payment = $900

Duration of loan, n = 30 years = 360 months

Interest rate = 5%

Monthly rate of interest = 5% ÷ 12 = 0.4167% = 0.004167

Now,

Mortgage loan can he afford

= Monthly mortgage payment × [ (1 - ((1 + r)ⁿ)⁻¹ ) ÷ r ]

= $900 × [ (1 - ((1 + 0.004167)³⁶⁰)⁻¹ ) ÷ 0.05 ]

= $167,597.77

Hence,

The answer is option (c) $167,597.77

7 0

3 years ago

Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7350 hours of labo

Vadim26 [7]

Answer:

Direct labor time (efficiency) variance= $3,000 favorable

Explanation:

Giving the following information:

Standard= 2 hours of labor per unit, at $12 per hour.

In producing 3800 units, Waterway used 7350 hours of labor.

To calculate the direct labor quantity variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 2*3,800= 7,600 hours

Direct labor time (efficiency) variance= (7,600 - 7,350)*12

Direct labor time (efficiency) variance= $3,000 favorable

7 0

3 years ago