Two Scoops uses the information to track cash, sales revenue, and expenses daily. This type of accounting system facilitate effective decision making by the following ways.
<h3>What is accounting system?</h3>
An accounting system is a collection of accounting operations with built-in controls.
Effective decision making through given accounting system are-
- This strategy would ensure that the business was completely aware of its daily sales and what the counter balance ought to be at any given moment.
- It would be simple to make business decisions that are in line with the needs of the firm and not just arbitrary decisions based on reality contacts thanks to the data obtained from this procedure being ready to put in to excel sheets and be shown in the form of various charts.
- Since they are aware that the accounts are regularly audited, store staff would not want to take part in stealing from the cashier.
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They usually rise because more people are evacuating the area and a lot of people need gas so gas companies take advantage of this and raise their gas price so they can make a profit off the hurricane.
<u>Eminent domain</u><u> is the </u><u>governments</u><u>' power to take private land for public use.</u>
Which of the following is an involuntary alienation of property?
- Involuntary Alienation. Involuntary alienation is the transfer of real estate by law and without the owner's consent.
- There are 4 methods by which this is accomplished: foreclosure, eminent domain, adverse possession, and by escheat.
Which of the following is an involuntary alienation of property?
A grantor does not wish to be responsible for defects in the title that arise from previous owners but will guarantee the title for the time the grantor has the ownership.
What is involuntary alienation ?
Involuntary Alienation. Involuntary alienation is the transfer of ownership without consent and control of the owner.
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Answer:
mechanic's lien
Explanation:
From the question we are informed about how Brewery Company’s debt to Credit Service is past due. Credit obtains a judgment against Brewery, but the firm refuses to pay. Credit asks the court to order the seizure of Brewery’s property. In this case, This is a request for mechanic's lien.
Mechanic's lien can be regarded as security interest as regards title of a particular property, this is for the gains of everyone that are involved in supplier of labor as well as materials for the improvement of the property. The lien covers the real property as well as personal property. Mechanic's lien can be regarded as guarantee of payment for contractors as well as construction firms that are involved in building or repairing of structures.
Price elasticity of demand measures how changes in price affect the quantity of product demanded. A good or service's price elasticity of demand is calculated by dividing percentage change in the amount sought by percentage change in the price.
The ratio of the percentage change in quantity supplied to the percentage change in price is price elasticity of supply. A good or service's price elasticity of demand is calculated by dividing percentage change in amount sought by the percentage change in price.
The ratio of percentage change in quantity supplied to percentage change in price is price elasticity of supply.
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