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
Gemiola [76]
3 years ago
11

Which of the statements below is​ FALSE? A. The balance sheet reports the performance of the firm over the past period. It summa

ries and categorizes a​ company's revenues and expenses for that period. B. The income statement summaries and categorizes a​ company's revenues and expenses for that period. C. The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and Taxes​ (EBIT). D. ​Typically, income statements are prepared quarterly and annually for distribution outside the​ company, but usually monthly for internal managers.
Business
1 answer:
Colt1911 [192]3 years ago
7 0

Answer:

A. The balance sheet reports the performance of the firm over the past period. It summaries and categorizes a​ company's revenues and expenses for that period.

Explanation:

The balance sheet is a financial document or statement that shows a company's total assets at a particular time. It indicates how the assets are financed. A balance sheet reports the net worth of a business. It shows the assets, the liabilities, and the shareholders' equity.  

The preparation of a balance sheet follows the principle of assets equals the sum of liabilities and equity.  It does not record incomes of expenses of a business for a financial year. The income statement is the financial report that shows the revenue and expenses of a company in a period.

You might be interested in
When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

5 0
3 years ago
To get an idea of whether you should continue to run a search network campaign on search partner sites, you can:
ziro4ka [17]
You can separate or group the campaign's data by network and evaluate its performance on search partner sites
5 0
3 years ago
5. In a command economy, poor planning is likely to lead to (1 point)
aleksandr82 [10.1K]

5.)d.products shortages and waste

6.)b.other countries quickly bought the low-priced products

6 0
4 years ago
Banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by
lesya692 [45]

Answer: True

Explanation:

Financial intermediaries are the institutions they have been put in place like a building society, bank, or unit-trust company, which are charged with the responsibility of holding funds from the lenders so that loans will be made available to people that wants to borrow.

It should be noted that banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by paying savers a smaller return than they demand from borrowers. This earning is their charges for the service rendered.

6 0
3 years ago
Which of the following is false? Economists who advocate discretionary monetary policy argue that it is more likely to achieve t
just olya [345]

Answer: None of the above

Explanation:

All of the above are correct.

For option A, Economists who advocate discretionary monetary policy do indeed believe that the monetary authority using this policy is more flexible to shape the best monetary policy to the existing circumstances.

Option B is also correct because Crowding out occurs when the government increases investment by borrowing which leaves less money for the private sector to borrow so they spend less. The government spent money here yet the private sector did not spend less so it is Zero Crowing out.

Option C by option B's explanation holds true because the entire amount the Government increased by was denied the private sector.

Option D is also true as not all Economists prefer rule-based monetary policy to discretionary monetary policy.

They are all true.

3 0
3 years ago
Other questions:
  • Cindy prefers to shop at Target for most of her household needs even though the same products and brands are available at Kmart.
    14·1 answer
  • The file manager is a user blank.
    10·1 answer
  • Stock X has a standard deviation of 25 percent per year and stock Y has a standard deviation of 16 percent per year. The correla
    15·2 answers
  • On June 30, 2020, Mischa Auer Company issued $4,000,000 face value of 13%, 20-year bonds at $4,300,918, a yield of 12%. Auer use
    14·1 answer
  • What is the term applied to the amount that net sales exceeds cost of goods sold on an income statement?
    8·1 answer
  • Healthy​ Living, a diet​ magazine, collected $ 240,000 in subscription revenue on June 30. Each subscriber will receive an issue
    14·1 answer
  • a. You wish to have $1,500,000 by the age of 60 (30 years from now). If you can earn 8% interest on your investments, how much d
    11·1 answer
  • Using the mini case information, write a 250-300-words report presenting potential ethical issues that may arise from expanding
    8·1 answer
  • Na mais estreita definição da palavra, um empreendedor é o indivíduo que empreende, ou seja, que busca realizar a tarefa difícil
    12·1 answer
  • Whats Your Favorate View!<br><br><br><br> 2: whats your favorate exercize!
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!