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Leto [7]
4 years ago
8

The purpose of cost accounting is to Group of answer choices a. provide management with cost information. b. keep costs for serv

ices reasonable. c. separate costs from charges. d. track specific costs in a healthcare organization.
Business
1 answer:
Anuta_ua [19.1K]4 years ago
4 0

Answer:

A) Provide management with cost information.

Explanation:

Cost accounting is a part of accounting that deals mainly with cost. Cost accounting is that part of management accounting which establishes budgets and standard costs and actual costs of operations, processes, departments or products and the analysis of variance, profitability or social use of funds. Cost accounting provides information on cost to the management for proper decision making. Decision making is concerned with making choices among alternatives. All alternatives have their cost implications. Cost accounting analyses these alternatives and suggest to the management which alternative will be more cost effective cor it compares the cost and benefit which alternative will be more profitable.

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Which type of partnership should Adam and Donna choose?
oksian1 [2.3K]

Answer:

The suggestion from Donna would be <u>Limited Partnership</u> business structure.

Explanation:

Limited Partnership is the type of partnership where the business entities are authorised by the state. In this partnership, there is atleast one general partner who is involved in the day-to-day running of the business while the other partner(s) provides money but do not contribute towards the day-to-day running.

<em>This is the most common for partners who only want financial returns in a business rather than being bugged down with the debts and liabilities associated with the business.</em>

6 0
3 years ago
Donham Corporation had $25,000 of raw materials on hand on May 1. During the month, the Corporation purchased an additional $65,
BlackZzzverrR [31]

Answer:

d. $66,000

Explanation:

Raw Material requisition = $66,000

Raw Material requisition is transferred to work in process account by following entry

                                               Dr.           Cr.

Work in process               $66,000

Raw Material Inventory                    $66,000

The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.

8 0
4 years ago
Why is it in our self-interest to economize or pick and choose goods and services that maximize our satisfaction? Because of our
Novosadov [1.4K]

Answer:

The correct answer is the first option: Because of our limited incomes conflicting with our insatiable wants for goods and services.

Explanation:

To begin with, in the microeconomics theory, the individuals agents that are the consumers are all the time trying to satisfy their needs due to the fact that there is an unlimited desire for goods and services that keep continue to grow all the time and that conflicts with the fact that most of the people have only few and limited resources to get the necessary income to obtain all of those goods and services. That is why that the consumers always look for the way to maximize their satisfaction according to the available income that they have with the purpose to spend it on those goods and services.

3 0
4 years ago
Investment advisers are prohibited from doing all of the following EXCEPT:
Aneli [31]

Answer:

B. charging a retainer fee

Explanation:

Investment advisers are prohibited from doing all of the following except for charging a retainer fee. A retainer fee is an specific amount of money that the client pays to the professional upfront so that his/her services are secured and always available when needed. Investment Advisers can charge this fee so that the client's can always get their service as soon as it is needed.

5 0
3 years ago
term insurance covers the insured for the stated term of the policy. true false user: two statements are true of ordinary whole-
zysi [14]
I believe the answer is: True

For example, every individuals are subjected to the risk of experiencing some sort of health problems, that might cost us a lot of money.

When a person bought a health insurance  that person would transfer the financial risk that might occurs because of their health condition to the insurance company. So when that person need treatments, the insurance company would cover the cost.
7 0
3 years ago
Read 2 more answers
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