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
julsineya [31]
3 years ago
14

write a response that describes how knowledge of the accounting equation and financial statements discussed in week 1 might be u

sed by the Medical office Manager during normal business activities. Indicate in your answer why you believe this to be so.
Business
1 answer:
alexgriva [62]3 years ago
7 0
The knowledge on basic principles of accounting may be useful for a Medical officer Manager because it allows him to better understand the flow of the business from the transaction to people handling skills during normal business activities. These make it easier for him to get acquainted with what is to be dealt with during normal business talks. 
You might be interested in
Mercury Company sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of
sattari [20]

Answer:I did the calculations and i believe i got it right.

Explanation:

Mercury sold 500 tickets at $40 a piece, okay, still with me, good. Yet, only 450 tickets were used during the month. What that mean is to minus 50 tickets. 50 multiplied by $40 is $2000. 500 multiplied by $40 equals to $20000. $20000 minus $2000 is equaled to $18000. They also had a Unearned Revenue account that had a credit balance of $5000. So, that means they should be in "debt." They should have $-15000. Add $2000, it is equaled to $-13000. So it should be $-13000. If wrong, i'm sorry.

8 0
3 years ago
Marcus is a self-employed marketing consultant. He is good at helping his clients with their marketing challenges; however, he i
Xelga [282]

Answer:

outsource the accounting function to another firm

Explanation:

Based on this information regarding Marcus' situation, the best advice would be for him to outsource the accounting function to another firm. This is something that many individuals/companies do and will allow Marcus to focus all of his time and energy on what he is best at (which is helping his clients with their marketing challenges.) while at the same time making sure that the accounting tasks such as billing the clients are done quickly and correctly.

8 0
3 years ago
A small business investment company (sbi is a(n):
Dafna11 [192]
Small business <span><span>is an independently owned and operated business. This business is operated for profit and is not dominant in its field. </span>A small business investment company (SBI) is a </span>privately owned firm that provide venture capital to small enterprises that meet their investment standards.
<span /><span>The management counseling for the small businesses is done by small business institutes.</span>


7 0
3 years ago
References are typically included on a résumé. Please select the best answer from the choices provided T F
Vsevolod [243]

Answer:

TRUE .

the answer is true

Explanation:

3 0
3 years ago
Read 2 more answers
Which of the following statements is false?
ella [17]

Answer: D

Explanation:

Not necessarily. As long as the company follows GAAP (IFRS or ASPE), the format and information should be the same. This is because the accounting standards requires firm to report financial information in a specific way.

3 0
2 years ago
Other questions:
  • After 8 years of working for a company that installed underground sprinkling systems for golf courses, Trevor was ready to ventu
    9·1 answer
  • When Panasonic considers how to price a new product, they determine what price they think their customers will pay, and then ide
    13·1 answer
  • The income summary account has a debit balance of $10,000 prior to closing. the owner's drawing account has a balance of $7,000
    7·1 answer
  • Connie made deposits of $2000 at the beginning of each year for four years. The rate she earned is 5% annually. What is the valu
    6·1 answer
  • Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investm
    6·1 answer
  • Which of these is not a major characteristic of a plant asset?
    9·1 answer
  • ________ determines the point at which the sum of carrying costs and ordering costs are minimized, or the point at which carryin
    15·1 answer
  • A company sells a plant asset that originally cost $300,000 for $100,000 on December 31, 2012. The accumulated depreciation acco
    15·1 answer
  • You work at a construction company with a stated cost of capital of 12%. Your company is currently deciding between two differen
    8·1 answer
  • List two effects of the invention of the cotton gin.
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!