<span>Becky is a private accountant whose work is mainly with managerial accounting. Managerial accounting is a process o identifying, measuring, analyzing, interpreting, and communicating information in order to achieve the goals of an organization. Another name for managerial accounting is cost accounting.</span>
False. The actions of the company that are expected by society but are not specified by legislation are included in its ethical duties. The need that the company be environment friendly is one of the ethical responsibility criteria.
The company should be constantly mindful of its operations and how they impact the environment. It is the moral and ethical responsibility of every human and every business. A business that upholds the law is also a business that values social responsibility. The company is free to operate whatever it sees fit, but only within the confines of the rules set down by numerous laws, including labor, environment, and criminal laws.
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Answer:
E. a conflict between Accline Cars and its dealers.
Explanation:
As for the information provided,
We know a vertical conflict refers to a kind of conflict between two different people in the same channel of sales, in which they are not on the same level.
The conflict between Accline cars and its dealers is a conflict in the same chain, in between two different people, and at two different positions.
This clearly demonstrates that the conflict is in between the supplier and the dealer, within the same chain representing a vertical chain.
Answer:
Net income for the year = $257,000
Explanation:
Retained earnings for the year= Net income - dividends paid.
Since no dividends were paid, retained earnings for the year = net income for the year. At the end of each accounting period, retained earnings are reported on the balance sheet, and the retained profits for the year are added to the beginning balance of retained earnings, to give a cumulative ending balance of $2,499,000.
therefore retained earnings for the year = ending retained earnings balance - beginning retained earnings balance = $2,499,000.-$2,242,000= $257,000.
Net income for the year is thus = $257,000 since no dividends were paid.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. Is an opinion what contains the image. Judge it like it is.
