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Zielflug [23.3K]
3 years ago
10

Ending cash balance is shown on which of the following financial statements?

Business
2 answers:
ELEN [110]3 years ago
8 0

Answer:

B

Explanation:

The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.

The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance

The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company. 

The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation

Cloud [144]3 years ago
3 0

Answer:

The correct answer is letter "B": Balance Sheet and Statement of Cash Flows.

Explanation:

The ending cash balance is obtained by calculating different earnings and expenditures incurred during the period. It includes the <em>starting balance of the account, additions</em>, and deducts the <em>reductions</em>. The result would represent the ending cash balance which is recorded in the Balance Sheet and Statement of Cash Flows of the financial statements.

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Brendan buys a used car in April 2020 from his neighbor for $20,000. After one month, he loses his job and decides to sell the c
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Answer:

the increase in nominal GDP is $29,000

Explanation:

The computation of increase in nominal GDP is as follows:

= Selling value of car + difference

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= $22,000 + $7,000

= $29,000

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We simply added the selling value and the difference

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2 years ago
The three steps for it security management controls and implementation are: prioritize risks, respond to risks, and?
poizon [28]

The three steps for IT security management controls and implementation are: prioritize risks, respond to risks, and monitor risks.

The IT Security Management focus on identifying security risks arising at time and take countermeasures accordingly. They controls risks on the information system through three steps. They are:

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  • monitor risks

The IT security management is implemented to ensure that the risk management is done properly. It evaluates the effectiveness of security controls. They first identify the risks and then start to respond to the risks by evaluating its potentials. Even after implementing a risk tolerance and management processes, they continue to monitor the risks as well.

Learn more about risk management at brainly.com/question/16781966

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7 0
1 year ago
Which of the following is the proper sequence of events in an activity-based costing system? a. Calculation of pool rates, ident
bekas [8.4K]

Answer:

The correct answer is letter "B": Identification of cost pools, identification of cost drivers, calculation of pool rates, assignment of cost to products.

Explanation:

Activity-Based Costing or ABC is a managerial accounting method that assigns certain indirect costs to the products incurring the bulk of those costs. ABC is primarily used in the manufacturing sector to make a better calculation of the true cost of production per unit. For that purpose, ABC follows this sequence:

1)  Identification of the activities for the creation of the product

2)  Divide the activities into cost pools  

3) Assign each cost pool to a cost driver  

4) Calculation of the cost driver rates

5) Assignment of cost to products

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3 years ago
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which
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