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
bezimeni [28]
2 years ago
6

Meaning of accounting​

Business
1 answer:
frutty [35]2 years ago
6 0

Answer:

<em>Accounting is the process of recording financial transactions pertaining to a business.</em> 

You might be interested in
What accounting method should hariette choose when she runs the profit and loss report?
Zinaida [17]

Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.

Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.

If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.

To learn more about accounting, click here.

brainly.com/question/13310721

#SPJ4

4 0
1 year ago
Abraham is wanting to move out of his parents house, and must create a budget to see if he can afford the change in expenses. He
olchik [2.2K]
What's the question with the statement?
4 0
3 years ago
True or False: Capital controls are government-imposed barriers to foreign savers investing in domestic assets or to domestic sa
Archy [21]

Answer:

<h2>True </h2>

<h3>hope it helped you sorry if i don't have explanations</h3>
5 0
2 years ago
Since global expansion typically means bringing the company's existing products to new markets, it would be considered a _______
velikii [3]

Answer:

<u>Market development.</u>

Explanation:

Market development strategy refers to a strategy used by organizations wishing to expand in the market by identifying and developing new market segments for their product, ie the focus is on gaining new uses and potential new customers. for your products.

For this to be a successful strategy, the marketing manager must consider whether there is a need for product modification or new product insertion, and if there are enough research efforts on sales channel and customer behavior so that This strategy meets the expectations of increased efficiency, market expansion and profitability.

4 0
3 years ago
A perfectly competitive firm will maximize profit or minimize losses in the short run by producing at the point where:
Marina CMI [18]

Answer:

The correct answer is option C.

Explanation:

A perfectly competitive firm faces a horizontal line demand curve at the market-determined price. This demand curve also represents average revenue and marginal revenue.  

The firm is able to maximize profits or minimize loss at the point where the marginal cost is equal to the price or marginal revenue and the price is such that the average fixed cost is being covered.  

In the short run, some costs are fixed while others are variables, a firm is able to minimize losses if the price is greater than AFC. But in the long run, all costs are variable so price should be either higher than or equal to ATC to maximize profits and minimize losses.

6 0
3 years ago
Other questions:
  • if a reporter asks you, "When did your team stop floundering and get control of this emergency" the following is your best respo
    6·1 answer
  • Quentin's total debt to equity ratio on December 31, 2014, is _______
    7·1 answer
  • Bruce Church, Inc. is a company engaged in extensive commercial farming in Arizona and California. A provision of the Arizona Fr
    12·1 answer
  • Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3450, re
    7·1 answer
  • Less developed nations have high rates of unemployment.<br><br> TRUE<br><br> FALSE
    8·2 answers
  • The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 units duri
    13·1 answer
  • Jamal has a utility function u=w12, where w is his wealth in millions of dollars and u is the utility he obtains from that wealt
    10·2 answers
  • While buying refreshments for an upcoming party, you notice that a six-pack of Americana Beer costs $2 and a six-pack of Bavaria
    9·1 answer
  • Cash flows directly related to production and sale of the firm's products and services are called?
    5·1 answer
  • Recently, u. S. Dairies, struggling to increase milk sales, tried to change the way adults thought about milk. The dairies wante
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!