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Cerrena [4.2K]
3 years ago
9

The field of accounting that reports according to generally accepted accounting principles (GAAP) is called:cost accounting.fina

ncial accounting.managerial accounting.responsibility accounting
Business
1 answer:
Flauer [41]3 years ago
4 0

Answer:

Financial accounting

Explanation:

The Generally accepted accounting principle (GAAP) is the standard, principles and  procedures that accountant must follow or adhere to when compiling financial statements. The major objective of GAAP is to make the accounting process uniform so financial reports are comparable from one company to another.

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Investment is a a. small part of real GDP, so it accounts for a small share of the fluctuation in real GDP. b. small part of rea
Colt1911 [192]

Answer: Option (b) is correct.

Explanation:

Correct option: Small part of real GDP, yet it accounts for a large share of the fluctuation in real GDP.

Investment contains spending on equipment, machinery, structures and property are called as fixed investment and investment in stock. It is normally a small part of real GDP but it is responsible for the large fluctuations occur in the real GDP.

It is an important component of GDP because it increases the productivity and boosts the employment opportunities.

6 0
3 years ago
Describing Work Activities for Construction Carpenters
sveta [45]

Answer:

1.inspecting equipment, structures, or material

4.performing general physical activities

5.getting information

3 0
3 years ago
During the harsh winter of 1972-73:__________
Mazyrski [523]

Answer: A. people in the northeast did not have enough oil to heat their homes, but people elsewhere in the U.S. had enough oil to heat their swimming pools.

Explanation:

1973 saw the beginning of the energy crises after the Arab world placed an oil embargo on the U.S. As a result, gasoline and oil products became very expensive in the U.S. and had to be appropriately used.

The North-East did not suffer as much during this time New York receiving some of the lowest amounts of snow in modern history so less oil went to the north east for heating as it was ruled not to be cold enough.

8 0
3 years ago
One strength of the team leadership model is ______. a. its complexity b. its application to real-life organizations c. changes
nadezda [96]

Answer:

B. its application to real-life organizations

Explanation:

The answer to this is most likely B because the strength of the team leadership model is application to real-life organizations.

6 0
3 years ago
On January 1, a company issues bonds dated January 1 with a par value of $240,000. The bonds mature in 5 years. The contract rat
erica [24]

Answer:

The journal entry on maturity is as follows:

Dr bonds payable  $240,000

Cr cash                                     $240,000

Being redemption of bonds

Explanation:

At the end of the life of the bond,the bond premium or discount would have been fully amortized,hence the only entry left to be made is to debit bonds payable account with face value of the bond and a credit of the same amount to cash account to record the outflow of cash.

The face value of the bond is $240,000,hence the $240,000 is debited to bonds payable in order to finally cancel the debt obligation.

3 0
3 years ago
Read 2 more answers
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