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e-lub [12.9K]
3 years ago
10

Differentiate between accounting and bookkeeping

Business
1 answer:
UkoKoshka [18]3 years ago
5 0
Accounting adds and subtracts numbers billing etc.
Bookkeeping just organizes and stores imformation.
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According to lewin's change model, the _____ stage involves providing employees with new information, new behavioral models, or
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<span>The answer to this question is unfreezing stage. Unfreezing stage is the stage of preparing the people to move and leaving the comfort zones. In this stage, in order for the unfreezing stage to become successful, the managers or leaders should command employees to embrace change end educate the people that change is needed to reach the company’s goal.</span>

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3 years ago
The final task in designing a management information system (mis) is _____.
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The final task in designing a management information system (mis) is to provide information which is useful in decision making purposes. Management information system is computerized data base related to financial system. A management information system (mis) is a widely used for a three-resource system that is required for effective organization management.

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3 years ago
The owner of a single-family house in which he lives wants to sell. If he does not use discriminatory language in advertising, h
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Answer:

The answer is: No, he can't discriminate.

Explanation:

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4 0
3 years ago
A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or
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A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the <u>Time period principle.</u>

The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.

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3 0
1 year ago
At the beginning of the year, Monroe Company estimates annual overhead costs to be $800,000 and that 200,000 machine hours will
lora16 [44]

Answer:

$600,000

Explanation:

For computing the overhead applied first we have to find out the predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $800,000 ÷ 200,000 hours

= $4

Now the overhead applied is

= Actual direct labor-hours × predetermined overhead rate

= 150,000 hours × $4

= $600,000

3 0
3 years ago
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