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Ugo [173]
3 years ago
7

"Accounting systems are important because they are a primary source of information for managers"

Business
1 answer:
Alinara [238K]3 years ago
6 0

Answer:

The statement is: True.

Explanation:

Information reported in the accounting books of a company is the core database managers handle to make decisions. Earnings, profits, and most importantly, costs allow high executives to determine in what direction they should take the organization to meet its objectives.

You might be interested in
Which of the following utilities is not directly related to marketing
Natalka [10]

Answer:

form utility

Explanation:

Form utility refers to  how well the products or services that are provided by the company fit in to customers' current need.

Since companies have to cater to different variety of customers with their own needs and personalities, it is impossible for companies to fulfill the form utility of all customers.

This utility fall to the hands of the customers. Customers need to evaluate the features that offered by the products and choose wisely based on their personal needs. This is why this utility is not directly related to marketing that conducted by the company. It's completely based on personal circumstances.

5 0
3 years ago
A piece of equipment costs $1.2m. the equipment has a useful life of 4 years. in each of the four years, the investment generate
jonny [76]
Annual depreciation is
Cost of equipment÷useful life
1.2m÷4 years=0.3m

The average contribution to net income across all four years is
0.5m−0.3m=0.2m

The answer is 0.2m
4 0
4 years ago
The City of Fargo issued general obligation bonds to finance construction of a new fire station. The bonds were issued at a prem
Dmitry_Shevchenko [17]

Answer:

The correct answer is (c)

Explanation:

Bonds and stocks are used to generate financing. The city of Fargo has issued bonds to finance the construction of a new fire station. The bond is a type of debt funding and the premium must be transferred to a debt service fund. A debt service fund will be used to pay out the principal payments on those bonds.

5 0
3 years ago
For each example, identify the most appropriate CTSO. 1. Ann wants to be a manager who directs the work of others: 2.Teresa want
MissTica

Answer:

Ann: DECA

Teresa: TSA

Justin: HOSA

Howard: FEA

Explanation:

8 0
4 years ago
Munoz Air is a large airline company that pays a customer relations representative $15,975 per month. The representative, who pr
Anvisha [2.4K]

Answer:

January cost allocated 9,900

February cost allocated 11,790

Explanation:

We will allocate the representative cost over the expected customer complaints during 2018:

$ 15,975 per month x 12 months / 21,300 complaints per year = $9 per complain solved

January processing customer complaints expense:

1,100 customers x $9 = $  9,900

February processing customer complaints expense:

1,310 customers x $9 = $  11,790

3 0
4 years ago
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