1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gayaneshka [121]
3 years ago
15

What is indigenous bookkeeping

Business
1 answer:
Mumz [18]3 years ago
6 0
<span>a casual operation where few records are kept of income, expenses, stock and other items. </span>
You might be interested in
When you gave your friend a fifty-dollar bill for an iPod, you used money as a
Sonbull [250]
<span>When you gave your friend a fifty-dollar bill for an iPod, you used money as a <u>medium of exchange.
</u><u />This is because you exchanged your money for an iPod. 
</span>
4 0
3 years ago
A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil
Leni [432]

Answer:

no

Explanation:

In order to achieve optimal employment level, the ratio of productivity between employees must be equal to the ratio between their wages, e.g. an employee who is 25% more productive, should earn 25% more.

In this case, the productive ratio is 15:20 or 3:4, while the wage ratio is 8:12 or 2:3. Since the wage ratio is lower than the productivity ratio (2:3 < 3:4), the two employees are not optimally employed.

3 0
3 years ago
What is a significant part of the step of evaluating controls and determining which controls to implement?
Kisachek [45]

Answer:

"CBAs" would be the appropriate answer.

Explanation:

  • The CBAs system was intended to incorporate various business practices and knowledge across multiple security experts as well as provide a structured process to match application development policies and procedures with either the institution's threat analysis.  
  • As either a consequence, a structure is developed to enhance their safety infrastructure of business process development.
6 0
2 years ago
On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside
bogdanovich [222]

Answer:

Question a:

The non-controlling interest of Rockne´s 2018 net income is $111,000.- calculated by taking 30% of Rockne´s net income of $370,000.-  

Question B:

There are 3 entries required to eliminate te sale of goods form rochne to doone.  

The first entry eliminates the sales recorded by rockne against te inventory or cost of goods sold by recorded by doone.  To consider, the 60% of the purchases went trhough cost of good sol d and 40% of the purchases remain in inventory until the following year.  Here is the engru:

Debit/sales/$530

Credit/COGS/ ($318) 60%

Credit inventory ($212) 40%

The next entry has to do with the amount of inventory that remained from the last intercompany transaction.  This is caclulated usin 40% of 2017 sales, which were $430.   So:

Debit inventory $172

Credit Cogs  ($172)

The last part is to eliminate the recievable on the book of rockne when they made te sale

Debit Payable $530

Credit receivable ($530)

6 0
3 years ago
Suppose that interest rates decrease. Holding everything else constant, determine what happens to aggregate demand and its compo
RUDIKE [14]

Answer:

When interest rates decrease, It causes a ripple effect in the economy that stimulates growth and wealth creation. In the long run, it might cause inflation.

Explanation:

  • If interest rates decrease, consumption increases because there is more disposable income available in each household.
  • If interest rates decrease, investment increases since the cost of borrowing is cheaper.
  • If interest rates decrease, government spending decreases .
  • If interest rates decrease, the value of net exports increase because the economy us stimulated as a result of a business boom facilitated by low and affordable loans.
5 0
3 years ago
Other questions:
  • Suppose an economy produces only burgers and bags of fries. In 2010, 4000 burgers are sold at $3 each and 6000 bags of fires are
    7·1 answer
  • _____ is a cost that relates to all errors not detected and not corrected before delivery to the customer.
    12·1 answer
  • ______ leaders focus on providing increased service to others—meeting the goals of both followers and the organization—rather th
    7·1 answer
  • stock that has a current price of $25.00, a beta of 1.25, and a dividend yield of 6%. If the Treasury bill yield is 5% and the m
    10·1 answer
  • Jamal worked for a delivery company, and he was driving sometimes up to 10 hours a day. One afternoon, on the way back from maki
    13·1 answer
  • Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of
    12·1 answer
  • CHEGG The adjusted trial balance of Bramble Corporation at December 31, 2022 includes the following accounts: Retained Earnings
    15·1 answer
  • The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity
    12·1 answer
  • What kind of cloth is used in wiping spilled oils during cleaning?​
    12·2 answers
  • The alfredo pasta sells 296 units per week at $13 per plate. The eggplant parmesan sells 323 units at $10 per plate. Which has t
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!