What does inflation mean?

2 answers:

8 0

Inflation<span> is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling </span>

crimeas [40]3 years ago

6 0

Inflation<span> is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling </span>

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4 years ago

The money you pay for an insurance policy is called your

Aleonysh [2.5K]

Answer: Insurance premium

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When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an

konstantin123 [22]

Answer:

Master limited partnership.

Explanation:

Master limited partnership is also called publicly traded partnership and is a publicly traded entity that is taxed as a partnership.

There is a combination of tax advantage of a partnership and the ability of the form to get funding by issuing securities.

To get tax benefits the business should generate at least 90% of their profit from qualified processes such as processing, production, storage, transportation, and real property rents.

Beck was given several hundred shares of stock in the firm, and was officially made a partner. The firm's accountant explained that the company paid taxes the same way as regular partnerships, by passing the profits through to each partner. Beck could purchase more shares of the company on a public stock exchange, as long as someone was willing to sell his/her shares.

This is a master limited partnership.

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4 years ago

Codes of conduct (ethics) are formalized rules and standards that describe what the company expects of its employees in terms of

Ludmilka [50]

Answer:

True

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The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:

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Principles
Values
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These codes of conducts are to be followed by the individuals associated with organisation.

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4 years ago

The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i

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The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.

<h3>What is a journal entry?</h3>

Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.

In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.