Answer:
d.) discretionary expenses
Explanation:
We can explain going further into what is each item.
<u>A and B are your income </u>(for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).
Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).
Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.
However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.
Answer:
Option (D) is the right answer.
Explanation:
According to the question, customized production is the most appropriate answer because job order production refers to the manufacturing process which is unique & customized according to the customer's needs.
While the other options are wrong because of the following reasons:
- Mass production can be described as a large number of production for the same product.
- Process production can be defined as the production which takes place through a similar process for all the products.
- Unit production can be defined as the number of production of the items.
- Standard costing can be defined as the costing which occurs on the production of the product.
Hence the most appropriate answer is option (D).
Answer:new cars are getting too expensive
Explanation:
Answer:
B. The service increased assets and increased stockholders’ equity.
Explanation:
Revenue is earned as immediately the service agreed by the parties involved has been delivered whether cash has been collected or not.
The accounting equation shows the relationship between the elements of the balance sheet namely the assets, liabilities and equity.
Given that Boone’s Cleaning Service performed cleaning services during December 2014, but had not collected any cash from its customers as of December 31, 2014, the amount earned is recognized in revenue and accounts receivables as credits and debits respectively.
The effect of this on the accounting equation is an increase in equity(via revenue earned) and an increase in assets (account receivables)
Answer:
As she is going to start a profession, she should be aware of the feature of Profession and features of profession she should know is explained below in detail.
Explanation:
A profession is described as obtaining high expertise in a certain discipline and working to develop all that field for the well-being of the earth.
As Doctor Sapna is about to operate for the well-being of all the people. She should have fascinating of the following characteristics of professionalism, such as:
- Practical experience
- Accountability
- Well trained in all the technical tools
- No discretion is choosing the patients
- Direct work relationship
- Ethical constraints
- Great responsibility
- Merit-based
- Moral in working
