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Zina [86]
3 years ago
12

When a business does not generate enough revenue to cover salaries, rent, and other expenses, it incurs a _____.

Business
1 answer:
STALIN [3.7K]3 years ago
5 0

Answer:

The correct answer is: Net Loss.

Explanation:

A Net Loss or Net Operating Loss (<em>NOL</em>) occurs when the firm's expenditures are higher than its revenue. Net losses are the results of different factors such as inefficient employees, competition or unexpected market conditions (war). If a company reports net losses, it does not necessarily imply it will file for bankruptcy since there are other sources from where the company can hold like loans.

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It should be noted that Jessie is into a Distribution business when she sells souvenirs and craft items to tourists in Myrtle Beach, South Carolina.

<h3>What is Distribution business all about?</h3>

Distribution in business can be regarded as an activity of both selling and delivering products and services from manufacturer to customer.

It often called product distribution and it helps to ensure that customers and all members of the distribution channel are happy.

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2 years ago
Which of the following information you may obtain from a client is the best example of qualitative information?A)Whether he has
Oksanka [162]

The amount of his monthly net cash flow  is the best example of qualitative information

The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.

Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.

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6 0
1 year ago
A(n) ________ makes values from a central database available for applications that support all of an organization's internal bus
Flauer [41]

A(n) enterprise resource planning system makes values from a central database available for applications that support all of an organization's internal business activities.

A form of software known as enterprise resource planning (ERP) is used by enterprises to manage routine business operations like accounting, purchasing, project management, risk management and compliance, and supply chain management.

Users can automate time-consuming everyday processes with the help of ERP packages like Epicor, Netsuite, and SYSPRO. You can spend more time on your people and your most urgent business demands by concentrating less of your time on repetitive tasks or running reports from many platforms.

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8 0
2 years ago
Resources tend to be allocated inefficiently when goods
tensa zangetsu [6.8K]

Answer:

when good are free of charge

Explanation:

8 0
3 years ago
Persuade me to buy something for points! BIG POINT PAYOUT
Vanyuwa [196]

Answer:

Clothes! Shoes!

Explanation:

7 0
3 years ago
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