1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
3 years ago
10

The best definition of an accounting system is: The concepts, principles, and standards specifying the information which should

be included in financial statements, and how that information should be presented. Journals, ledgers, and worksheets. The personnel, procedures, devices, and records used by an entity to develop accounting information and communicate this information to decision makers. Manual or computer-based records used in developing information about an entity for use by managers and also persons outside the organization.
Business
1 answer:
White raven [17]3 years ago
7 0

Answer:

The personnel, procedures, devices, and records used by an entity to develop accounting information and communicate this information to decision makers.

Explanation:

Accounting system is a system used to organise financial information. Accounting system can be manual or electronic

You might be interested in
As a management function, organizing involves:_____.
Ainat [17]

As a management function, organizing involves:

  1. developing organization structure;
  2. designing individual jobs.

Therefore, the option D holds true.

<h3>What is the significance of management functions?</h3>

The management functions were proposed by Henry Fayol, and can be referred to or considered as the essential functions for efficient functioning of a business organization.

Organizing is the second management function. It is performed after the planning function has been accomplished successfully by the organization to develop its structures in order to designate jobs.

Therefore, the option D holds true and states regarding the significance of management functions.

Learn more about management functions here:

brainly.com/question/15351742

#SPJ1

7 0
1 year ago
In an interview, a tough question _____. A. May show the interviewer how you think under pressure b. May be designed to rattle y
m_a_m_a [10]

Answer:

D) All of the above

Explanation:

In a job interview, the interviewer must try to determine if a candidate fits the job profile or not, and he/she really has a very limited amount of time. A very effective way of knowing someone is how that person reacts under pressure when faced with really tough and problematic situations. Being interviewed is already tough, and a really difficult question that doesn't necessarily have a right or wrong answer doesn't make it easier.

Many times the applicant's reaction is more important than the answer itself.

3 0
2 years ago
Read 2 more answers
King Company issued bonds with a face amount of $1,600,000 in 2015. As of January 1, 2020, the balance in Discount on Bonds Paya
zimovet [89]

Answer:

January 1, 2020

Bonds Payable                                          1600000 Dr

Loss on Redemption of bonds                 36800 Cr

     Discount on Bonds Payable                        4800 Cr

     Cash                                                              1632000 Cr

Explanation:

The redemption of bonds before the maturity usually requires a payment for redemption which is a certain percentage of its face value. It is usually higher than the face value. The above bonds are redeemed at 102 which means at 102% of the face value of the bonds. Thus, the cash paid to redeem the bonds is,

Cash = 1600000 * 102%  =  1632000

The bonds have a carrying value, which is the face value less discount or add premium, of,

Carrying value = 1600000 - 4800  =  $1595200

If they are redeemed for an amount in excess of the carrying value, they are redeemed at a loss.

The loss on redemption is,

Loss = 1595200 - 1632000 = $36800

5 0
3 years ago
On July 1, Shady Creek Resort borrowed $310,000 cash by signing a 10-year, 11% installment note requiring equal payments each Ju
mafiozo [28]

Answer:

$34,100

Explanation:

The interest on the installment note for the first year is a function of both the face value of the note and interest rate of 11%

Interest expense on the first annual payment=$310,000*11%

Interest expense on the first annual payment=$34,100

The amount principal repayment in respect of the  first annual payment is the amount of payment which is $52,639 minus the interest portion of the payment.

The Principal portion of the first payment=$52,639-$34,100=$18,539

8 0
3 years ago
10) A worker performs a repetitive assembly task at a workbench to assemble products. Each product consists of 25 components. Va
erik [133]

Answer:

a.9.313hr

b.116.4%

c.104.0%

Explanation:

(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr

(b) Ew= 9.313/8.0 = 1.164 = 116.4%

(c) Time worked = 480 – 13 = 467 min

Tc= (467 min)/(75 pc) = 6.227 min/pc

Tn= 7.45/(1 + 0.15) = 6.478 min/pc

Pw= 6.478/6.227 = 1.040 = 104.0%

6 0
3 years ago
Other questions:
  • Understanding the link between education and your desierd career is an integral part of your career
    10·1 answer
  • Sandy's sauces, which produces stirminus fry âsauces, is developing direct material standards. each bottle of sauce requires 0.5
    14·1 answer
  • Cora’s company sold equipment to a competitor on June 1, 2020, where they both agreed to an installment sales contract with a ra
    12·1 answer
  • Kristina has to deliver twenty 100-word marketing "blurbs" by the end of the week. Which of the following aspects of her project
    8·2 answers
  • Management is considering using a new component that would increase the unit variable cost by $50. Since the new component would
    15·1 answer
  • Without authorization, Brady uses the trademark of Ciera Coffee Company to promote cheap, flavorless candy, which is not similar
    10·1 answer
  • Describe the advantages and disadvantages of using a certificate of deposit (cd) to save money.
    15·1 answer
  • The Environmental Protection Agency is responsible for which of the following? (Check all that apply)
    15·1 answer
  • God I I hate my life. AndrewSmith15 are you there plz answer
    10·1 answer
  • Problem 7-2A (Algo) Estimating and reporting bad debts LO P2, P3 Skip to question [The following information applies to the ques
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!