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Mamont248 [21]
4 years ago
15

An accounting system must be able to a.collect and classify information. b.summarize information. c.report information. d.All of

these choices are correct.
Business
1 answer:
Vikentia [17]4 years ago
5 0

Answer:

The answer is D.

Explanation:

The chronological order of Accounting System is:

Collecting of information

Classifying of information

Summarizing of information

Reporting a business financial

and operating information.

You can see all the options are in the chronological order of accounting system. Therefore, all of the above is correct.

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Jose is opening a small restaurant. On weekends, he works with his cousin to construct the tables, chairs, and counters that wil
aalyn [17]

The combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:

  • sweat equity

<h3>What is Sweat Equity?</h3>
  • Sweat equity is a term used to described the contribution made during the star-up of a business, project or enterprise which are in form of hard-work or effort.
  • Sweat equity is usually common for small start-ups where the owners do the actual work themselves to save cash or when they are unable to contribute financially for the start-up.

Therefore, the combined efforts of Jose and his cousin in the <em>building and creation</em> of his small restaurant is referred to as:

  • sweat equity

Learn more about sweat equity on:

brainly.com/question/7305328

7 0
2 years ago
Which one of the following best states the primary goal of financial management? Select one: a. Maximize current dividends per s
11Alexandr11 [23.1K]

Answer:

B

Explanation:

The main of financial management is maximization of shareholders' investment in the company.Whereas the metric for shareholder's investment is the current share price

To maximize share price the company must post positive earnings ,grow its asset base as well as pay dividends from profits realized.Such company is then perceived worthy of investing in and many investors are happy buying its shares.

Judging from the law of demand,the higher the quantity demanded the higher price set .

6 0
3 years ago
If the Board of Governors of the Federal Reserve increases the reserve requirement then the money supply will decline. True Fals
Umnica [9.8K]

Answer:

i think the answer is true please let me know if it is incorrect

Explanation:

5 0
3 years ago
Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After o
schepotkina [342]

Answer:

He will get nothing from the Accidental Policy.

Explanation:

  • Raymond owns an Accidental policy but he Dies from Coronary artery disease. according to insurance companies policy, he will get nothing when he is dead by any means other than by accident.
  • Insurance companies have their own regulations and policy.
  • The insurance company is liable to pay for the incident for which the insurance is taken.

6 0
3 years ago
Career Cluster
Troyanec [42]

Answer: A

Explanation

4 0
3 years ago
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