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4 years ago

Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.

Business

1 answer:

Andru [333]4 years ago

3 0

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

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In deciding how many hours to work, Beulah will make a choice that maximizes her _______; that is, she will choose according to

fenix001 [56]

Answer:

In deciding how many hours to work, Beulah will make a choice that maximizes her utility; that is, she will choose according to her preferences for leisure time and income.

Explanation:

People obtain utility from products they purchase and they also obtain utility from leisure time (leisure time is the time not spent at work). Generally, for people with low wages react to a higher wage by supplying a greater quantity of labor but for higher wages people who can earn so much that respond to a still-higher wage by working fewer hours.

8 0

3 years ago

Assume deflation is occurring in a nation; the implication(s):

g100num [7]

Answer:

1) Demand for goods declines

2) Salaries declines

3) Bank loans reduces

4) Buyers' losses increase

5) Wages declines, debts increases

6) Interest rates go to zero

7) Business profits decrease

8) Unemployment increases

Explanation:

There are always reasons to beware of deflation. These are:

1) While consumers are not in a hurry to buy goods in the prospect of falling prices, there is a delay in demand, and demand for goods declines. In addition, prices are falling in response to a declining student.

2) Salary projections are also declining, and consumers are more likely to save than spend money. For example, 70% of US economic growth is based on consumption, which could lead to overall GDP decline in the country.

3) The volume of bank loans is also reduced, as repayment of interest rates that are larger than the loans themselves is not beneficial to the borrower.

4) Buyers are subject to a loss of value over time as the value of the goods they purchase.

5) The higher the debt of the borrower, the worse it is: during deflation, wages are reduced, and debt remains the same.

6) During inflation there is no upper limit of interest rates, and in deflation they go to zero. Banks do not offer 0% credit, and when rates are above zero, banks make money, but borrowers have to make losses here.

7) Companies' profits also decrease during deflation, which results in lower securities prices. This worries private investors who want to keep their profits out of dividends.

8) Unemployment increases while companies' struggles to make a profit, and their wages decrease. These processes have a negative impact on the economy as a whole.

8 0

3 years ago

explain sustainable income. what relationship does this concept have to the treatment of discontinued operations on the income s

Anni [7]

A corporation needs sustainable income in order to cover all of its expenses in the long run.

What is Sustainable income?

Sustainable income represents the after-tax gain or loss on the impact of operations on a discontinued segment of business for a period.

Therefore, in the case of a discontinued operation, there is no sustainable income arising in the future as the segment of business is already discontinued and income, if any, is going to come only for the period of the discontinued operation. Income or expense from discontinued operations is a line of item in the income statement of a company below income from continuing operations and before the net income.

To know more about Sustainable income, click here- brainly.com/question/18687603

#SPJ4

4 0

1 year ago

Suppose you bought a bond with an annual coupon of 7 percent one year ago for $1,010. The bond sells for $985 today. a. Assuming

butalik [34]

Answer:

(a) $45

(b) 4.45%

Explanation:

a) Dollar return:

= Selling Price - Buying Price + Coupon

= $985 - $1,010 + $70

= $45

b) Rate of return:

= Dollar return ÷ Buy price

= 45 ÷ 1,010

= 4.45%

c) Based on Fisher relation,

(1 + Nominal rate) = (1 + Real rate) × (1 + Inflation)

(1 + 4.45%) = (1 + Real rate) × (1 + 3%)

Therefore,

Real rate = 1.41%

7 0

3 years ago

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information

riadik2000 [5.3K]

Answer:

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information in the chart, which of the following is correct? Select all that apply.

A) Country X should specialize in automobiles and Country Y should specialize in airplanes.

D) Country X has both an absolute and a comparative advantage in the production of automobiles.

E) Country Y has a comparative advantage in the production of airplanes.

2. While the balance of payments involves a record of all transactions between individuals, businesses, and the government within a particular country, the balance of trade deals solely with

C) imports and exports

3. Read the passage. Then answer the question that follows.

In 2013, the United States negotiated a new trade deal with Japan in the hope of increasing US rice manufacturers' access to the valuable Japanese consumer market. The Japanese increased the amount of rice that it would import at a low import tax rate to 682,000 metric tons, while any rice imported from the United States over that amount would be subject to a much higher import tax.

This trade policy represents the implementation of a combination of what two types of economic barriers to trade?

D) tariffs and a quota

4. How do economic barriers to trade impact countries that enact them? Select all that apply.

C) by limiting consumer choice

E) by causing prices of domestic goods to rise

5. Why do some people oppose free trade agreements?

B) Free trade agreements usually require countries to reduce trade barriers that protect domestic industries.

6. Use the table of currency exchange rates to answer the question.

A family from Zimbabwe, which uses the US dollar as its official currency, is planning to travel. They want to go to the country where they will receive the MOST local currency for their dollars. Which country should they visit?

Kenya

7. Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.

A) Japanese importers of goods from the United States

E) Japanese tourists visiting the United States

Explanation: Just took the test and these are what they say are the correct answers.

4 0

4 years ago