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Leto [7]
3 years ago
13

Which of the following statements more accurately describes the treasurer than the controller? You may select more than one answ

er. a. Monitors capital expenditures to make sure that they are not misappropriated. b. Responsible for investing the firm's spare cash. c. Responsible for arranging any issue of common stock. d. Responsible for the company's tax affairs.
Business
1 answer:
Otrada [13]3 years ago
7 0

Answer:

<u><em>a. Monitors capital expenditures to make sure that they are not misappropriated. </em></u>

<u><em>Explanation:</em></u>

A noteworthy factor of a Treasurer over the Controller is that treasurers are focused on how capital is appropriated. Thus, a company treasurer would mo<em>nitor the capital expenditures so as to make sure that they are not misappropriated.</em>

On the other hand,  the controller does mainly budgeting, internal tax accounting, and financial reporting.

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C. personal income minus personal taxes.

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Accounting has its own vocabulary and basic relationships. Match the accounting terms with the corresponding definition or meani
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Answer and Explanation:

The matching of the accounting term with the definition is shown below:

1. Debit - it comes in the left side i.e. (i)

2. Expense: It decreases the stockholder equity also it contains the debit balance i.e. (d)

3. Net income: It is a statement that shows the expenses and revenue related transactions i.e. (g)

4. Ledger: It is the T-account in which the journal entries are posted i.e. (e)

5. Posting: The data is copied from journal to ledger we called as posting i.e. (f)

6. Normal balance: It is the side of an account in which the account increment is recorded i.e. (b)

7. Payable: It is a liability and it always a credit balance and shown in the balance sheet i.e (h)

8. Journal: In this the transactions are recorded i.e. (c)

9. Receivable: This is an asset and it has always a debit balance i.e. (a)

10. Owner equity: It is amount i.e. to be invested in the business also shows a difference between the total asset and total liabilities i.e. (j)

8 0
3 years ago
Which of the following statements about globalization is NOT true?
PtichkaEL [24]
A globalization change in a relationship affecting a government
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3 years ago
An economist resigns her $100,000/year university teaching position to work fulltime in her own consulting business. In the firs
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Answer:

ii. Her accounting profit was $150,000

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The computation is shown below:

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= $250,000 - $100,000

= $150,000

And, for economic profit

= Total revenues - total cost i.e explicit and implicit cost

= $250,000 - $100,000 - $100,000

= $50,000

Hence, the second and third options are correct

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3 years ago
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hope this helps <3

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3 years ago
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