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GREYUIT [131]
3 years ago
13

A period cost ________. a. is always expensed in the period in which it is incurred and NEVER becomes part of an inventory accou

ntb. is the cost incurred by manufacturers to produce their products or incurred by merchandisers to purchase their products c. is a cost that can be traced to the cost object d. includes the cost of all resources used throughout the value chain Unselected I DON'T KNOW YET
Business
1 answer:
DanielleElmas [232]3 years ago
5 0

Answer:

a. is always expensed in the period in which it is incurred and NEVER becomes part of an inventory account

Explanation:

Period cost is the cost that is incurred at the time passes. It also includes the major parts of the selling and administrative section of the income statement whether variable or fixed and it is neither capitalized also.

The examples of period cost is advertising expenses, delivery trucks depreciation, etc

So, it is never becomes part of an inventory account

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Benjamin has accepted a management position overseas in Japan. He is excited about this opportunity and has been learning about
sertanlavr [38]

Answer:

The answer is D. He is using the psychological and social dimensions.

Explanation:

From the start of globalisation, it has been a necessity to move people from one part of the global to another. This implies that people will be exposed to each other in one aspect or the other. From a manager's perspective, due to the need to manage individuals from different parts of the world, a certain approach is to be used. Such approach is generally called the global mindset. It entails all the skills or qualities that will help efficient interaction or management of individuals or groups from different parts of the globe.

In this aspect, the global mindset is viewed from 3 different dimensions;

- The psychological dimension which relates to the use of emotions and willpower,

-the social dimension which relates to the ability to create trust and

- the cognitive dimension  which relates to the level of information or know-how possessed by the manager in his/her industry and how he/she makes use of this information.

8 0
3 years ago
A database admin uses a show statement to retrieve information about objects in a database. this information is contained in a _
anastassius [24]

A show statement is used by a database administrator to get details about the items in a database. A data dictionary has this information.

  • facts factors applied or recorded in a database, facts device, or as a thing of a studies examine are given names, definitions, and houses in a data dictionary.
  • A imperative store for metadata is known as a facts dictionary. records about facts is called metadata.
  • Examples of information that might be found in a company's data dictionary include the names of all the databases that make up the organisation.

The shape and content material of records are categorised and communicated the use of a information dictionary, which also offers insightful descriptions for mainly distinct data objects.

The database control machine where the information dictionary is stored is accountable for this. therefore, on every occasion a database change is finished, the database control device without delay updates the facts dictionary. due to its self-updating nature, that is referred to as an energetic statistics dictionary.

Learn more about data dictionary:

brainly.com/question/8897251

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5 0
1 year ago
Reed Company’s sales last year totaled $150,000 and its return on investment (ROI) was 12%. If the company’s turnover was 3, the
liq [111]
Given:
Sales Revenue  = 150,000
ROI = 12%
turnover = 3

ROI = Margin * Turnover Margin
12% = Margin * 3
12%/3 = Margin
4% = Margin

Margin = Net Operating Income / Sales
4% = Net Operating Income / 150,000
4% * 150,000 = Net Operating Income
6,000 = Net Operating Income
4 0
3 years ago
Franco and Giada are trying to calculate their gross income. Which of the following items should they exclude from their gross i
Helga [31]

Answer:

1 and 2

Explanation:

Gross profit is earning a business makes from its normal operation before considering operating expenses. It is calculated by subtracting direct costs from the revenues. Direct costs are the expenses incurred in acquiring the goods and services sold to customers. Revenue from normal business operations is the income from the sale of goods and services, and other business-related activities.

For Franco and Giada, they should not include items 1 and 2 in gross profits.

  • Item 1 is money inherited. It is income but not from the business operations.
  • Item 2 is a loan a bank loan. Loans are not considered in the income statement but are featured in the balance sheet.

Items 3 and 4 will be featured in the gross profit calculation. Item 3 is an income from a sale, while item 4 is a miscellaneous income from a loan issued out.

3 0
3 years ago
A forensic accountant is similar to a(n) ______
geniusboy [140]

Answer:

B. auditor

Explanation:

The work of an auditor and that of the forensic accountants are very similar. They both examine financial records and statements of an organization to confirm their accuracy. The auditor and forensic accountant are specialized officers. They have been trained to detect fraudulent reporting in financial statements. After evaluating the books of account, they form an opinion based on their findings.

7 0
3 years ago
Read 2 more answers
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