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DanielleElmas [232]
3 years ago
8

which of the following terms refers to the comprehensive system for collecting analyzing and communication financial information

Business
1 answer:
givi [52]3 years ago
6 0

Answer:

Accounting

Explanation:

Accounting is a vital part of every business, and it is related to proper collecting, analyzing, managing and communicating financial information. Being such an essential part of businesses, it is always defined and regulated by appropriate entities (state agencies and other regulators).

Accounting is done by an accountant or a bookkeeper, who is the person in charge of generating the needed reports and summarizing the financial data in the proposed manner.

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As you read the business news, you come across an advertisement for a bond mutual fund – a fund that pools the investments fro
Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0
2 years ago
a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
aleksley [76]
That the phone has data without internet making the phone useable while not at home or out in public
3 0
1 year ago
During February 2017, its first month of operations, the owner of Schwenn Enterprises invested cash of $100,000. Schwenn has cas
olchik [2.2K]

Answer:

Cash balance is $85,000

Explanation:

In determining the cash balance of the period, we must know how much is the inflow and outflow of the cash for the period and add it or deduct to the beginning balance. It is simply, beginning balance plus inflows less outflows. February is the first month of the operation of Schwenn Enterprises, that only means the possible beginning balance of the cash is the cash investment. So to further discuss it clearly, let’s do the computation.

Beginning balance on February $100,000

Add: inflow

Cash sales $20,000

Less: outflow

payment on expenses $35,000

CASH BALANCE AT FEBRUARY 28 $85,000

7 0
3 years ago
A trader enters into a one-year short contract to sell an asset for $60 when the spot price is $58. The spot price in one year p
Dima020 [189]

Answer:

$3 loss

Explanation:

Given that

Selling value of an asset = $60

Spot price at that time = $58

The Spot price in one year = $63

So, the now the gain or loss for one year would be

= Selling value of an asset - Spot price in one year

= $60 - $63

= $3 loss

Since we have to find out for one year so we considered the price for one year i.e selling price and the spot price            

8 0
3 years ago
A team of engineers at General Motors is in charge of discovering new knowledge that can be used to make automobiles safer and m
lorasvet [3.4K]

Answer:

The correct answer is Applied research.

Explanation:

Applied research is that in which the scientific advances of other branches of science are used in order to solve the problems in a specific one. This type of study analyzes the aspects and contrasts the results generated by the new knowledge, where the community in general and the productive sector are an important part.

7 0
2 years ago
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