CMA, CPA, CIA are the professional certifications offered in accounting
<h3>
What is accounting?</h3>
The process of recording a business's financial transactions is termed as accounting. To record these transactions to oversight organizations, regulators, and tax collection organizations is a step in the accounting process.
The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place within a certain accounting period. They also summarize the operations, financial status, and cash flows of an organization.
One of the most important tasks in virtually every organization is accounting. In small businesses, it may be handled by a bookkeeper or accountant; in larger organizations,
it could be the responsibility of substantial financial departments with many staff members. Managerial decision-making is greatly aided by the reports produced by several streams of accounting, such as cost accounting and managerial accounting.
Learn more about accounting
brainly.com/question/14941603
#SPJ4
Answer: niche markets are often segments of larger industries and verticals.
Explanation: A niche market could stand apart from others because of Geographic area, lifestyle, occasion, profession, style, culture activity or habits, behavior, demographic, need, feature reduction or addition.
I must say im going with the letter B correct me if im wrong
Answer: C. Common-size balance sheet
Explanation:
A Common+size balance sheet is a variant of the normal Balance sheet and is used by companies for internal assessment. It works by making every item a percentage of total assets and then listing those Assets in the statement alongside the actual figures.
Amy can therefore use this to find out if Inventory is increasing as a percentage of total assets by comparing Common size statements from 2 different years.
Answer: a). Debit Factory Payroll Payable $160,000; credit Cash $160,000.
Explanation: Direct labor refers to the manpower used in production. They are the factory workers involved in using the raw materials to produce finished goods.
Expense on direct labor is provided for during the production by a debit to factory payroll expense and a credit to factory payroll payable.
As such, the journal entry will be a debit to factory payroll payable $160,000 and a credit to cash $160,000. This means cash will reduce by $160,000 as the factory workers are paid while payables which is a provision account will reduce as well on the cash book by the same amount.