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Pani-rosa [81]
3 years ago
14

What is accounting ?​

Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Accounting is defined as "The action or process of keeping financial accounts."

Explanation:

Hope I have helped.  

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The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable se
postnew [5]

Answer: True

Explanation:

Variable selling and administrative expenses increase with the number of sales so in order to get them, one needs to multiply the number of sales by the variable and administrative expenses.

This also goes for the budgeted variable selling expenses. To find out these costs, multiply the expected variable and admin expenses by the budgeted number of sales. The amount you get will show the amount of variable expenses to budget based on the sales you budgeted.

3 0
3 years ago
Which factors may influence a company's choice of inventory cost flow assumption?
Oxana [17]

inventory cost flow assumption influence by tax implications of choice ,financial statement effect, actual physical flow of inventory.

<h3>What Is Cost Flow?</h3>

The way or channel that costs move through a company is referred to as the flow of costs. The flow of costs typically pertains to manufacturing businesses where accountants are required to quantify expenses associated with raw materials, work in progress, finished goods inventory, and cost of goods sold.

Four commonly acknowledged methods—specific cost, average cost, first-in, first-out (FIFO), and last-in, first-out—are available for allocating expenses to ending inventory and cost of goods sold (LIFO).

To know more about Cost Flow visit:

brainly.com/question/13621345

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7 0
1 year ago
A typical project office (not to be confused with a project management office) responsible for the management of a large project
beks73 [17]

Answer: (A) Assistant project managers

Explanation:

 The main role of the assistant project manager is that it basically assisting the project managers by coordinating, analyzing and planning the specific project.

 The main responsibility of the assistant project  managers is to supporting the given function of the project and execute the given project.

According to the given question, a typical project office is basically responsible for managing the large projects which include both the project manger and the assistant project managers.  

 Therefore, Option (A) is correct answer.    

3 0
3 years ago
When calculating a project’s net present value, which type of cash flows should be considered? Question 2 options: A) Free cash
irina [24]

Answer:

Operating cash flows

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV is a capital budgeting method used to determine profitable investments

7 0
3 years ago
Assume that the interest rate on borrowings in india is 1 percent while the interest rate on bank deposits in a u.s. bank is 6 p
BARSIC [14]
Those who try to benefit from a carry trade are hoping to borrow money at a low interest rate so that they can invest in something that will provide a higher return. People commonly do this between different foreign exchange markets to make the most on their return from investing in different country currencies. 
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3 years ago
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