All categories

2 years ago

Explain the disadvantage of accounting

2 answers:

4 0

Not Guarantee of accuracy: Accounting recorded all the financial transactions with the past value. ...
Real Value of items: The financial account does not show the real value of assets. ...
Accounting Ignores Qualitative Element: It recorded all the financial transaction which are in the monetary form.

konstantin123 [22]2 years ago

4 0

Answer:

it can make youlife stressful

Explanation:

because its so much work

You might be interested in

At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal t

kondaur [170]

Answer: flexible manufacturing

Explanation: Flexible manufacturing is the type of manufacturing system employed at NikelD, wherein customers through customization can design their own athletic shoes. As such, there is usually equipment and computerized systems configured to manufacture a variety of parts and handling changing levels of production. Doing this serves to improve efficiency while lowering the company's production costs significantly and is a characteristic feature of make-to-order strategies requiring a high degree of customization by customers. This system of manufacturing also creates a method of production designed to adapt to changes in the type and quantity of the product being manufactured very easily.

4 0

3 years ago

Jessica submitted to cancel event request form to cancel event she is scheduled to conduct three weeks from today the only adver

postnew [5]

Jessica submitted to cancel event request form to cancel the event she is scheduled to conduct three weeks from today the only advertising she has done is to post the flyer at the event venue and select the cancellation procedure she does not need to follow is to arrive at the location at the appointed time for the event and remain there for 30 minutes in case any attendees come.

United HealthCare's(UHC) event cancellation reporting rules include:

The last advised date for submitting a cancel event request form was no later than six business days before the event in order to ensure that an event is canceled in United Healthcare's event reporting application by the reporting deadline.
Except in cases of adverse weather, events must be canceled and reported in the united healthcare event reporting application at least one business day before the event.

Hence, if Jessica submitted to cancel event request form to cancel the event she is scheduled to conduct three weeks from today the only advertising she has done is to post the flyer at the event venue and select the cancellation procedure she does not need to follow is to arrive at the location at the appointed time for the event and remain there for 30 minutes in case any attendees come.

Learn more about Advertising:

brainly.com/question/14227079

#SPJ1

5 0

2 years ago

Detailing's cost formula for its materials and supplies is $2,060 per month plus $12 per vehicle. For the month of August, the c

OverLord2011 [107]

Answer:

Planning budget amount = $3,052.00

Explanation:

The planning budget is als0 known as the fixed budget . It is the budget prepared for the original level of activity intended or planned for. As it's name implies, it is used for planning purpose.

For the month of August, the planning budget

= $2060 + ($12 × 86)

= $3,052.00

Planning budget amount = $3,052.00

5 0

2 years ago

Read 2 more answers

The final step in active listening involves

kvv77 [185]

Answer:

The final step is responding.

6 0

2 years ago

On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest ann

Andreas93 [3]

Answer:

Wayne, Inc.

1. The stated interest rate for this bond issue is:

= 8%.

2. The market interest rate for this bond issue is:

= 9%.

3. The selling price of the bonds as a percentage of the face value is 97.5% ($3,900,000/$4,000,000 * 100)

4. Journal Entry to record the sale of the bond issue on December 31, 2020:

December 31, 2020:

Debit Cash $3,900,000

Debit Bonds Discounts $100,000

Credit Bonds Payable $4,000,000

To record the bonds proceeds, discounts, and liability.

5. December 31, 2021:

Debit Bonds Interest Expense $351,000

Credit Bonds Amortization $31,000

Credit Cash $320,000

To record the first payment of interest and amortization.

Explanation:

a) Data and Calculations:

Face value of bonds = $4,000,000

Bonds price = $3,900,000

Discount = $100,000

December 31, 2021:

Interest expense = $351,000

Market interest rate = $351,000/$3,900,000 * 100 = 9%

Cash payment = $320,000

Coupon interest rate = $320,000/$4,000,000 * 100 = 8%

7 0

3 years ago

Explain the disadvantage of accounting​

Explain the disadvantage of accounting