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Snowcat [4.5K]
2 years ago
6

What resources are required to have a successful business?

Business
2 answers:
Levart [38]2 years ago
8 0

Answer:

Labour - Finances - Time...

Explanation:

That is a very good question.

To start off, it is useful to <u>understand what are resources.</u>

Resources are assets that are required for you to function. (e.g. money)

<em>In a business there are many resources that you need to function.</em>

Think off owning a bookshop. Ask yourself, what do I need?

I need <u>money</u>, I need a <u>place </u>to display my books, I need <u>books</u>, I need <u>people</u>... These are resources you need to be successful.

Now, going back to my above answer: Labour, finances and time. These are a <u>few resources</u> you need to succeed. You need labour - people - to set up the business, manage the business, serve customers...

You need finances to <u>set up</u> the legalities of starting up a business. You need finances to <u>buy materials</u>, <u>machinery </u>(if it is a production business), <u>stocks</u>...

You need the time to do all of these things.

Lastly, I have <em>purposefully</em>, gave three resources for the answer. <em>For sure there are more</em>, though I want to keep the <em>options you for open to add </em>

<em>as you see necessary</em>. With no doubt the answer is incomplete,<em> but I want to provoke you to right have your answer.</em>

I hope the answer is clear.  

 

schepotkina [342]2 years ago
7 0

Answer:

work nice be success in your life I don't know answer

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A

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The objectives of internal control are to a.prevent fraud and promote the social interest of the company b.provide control over
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d.provide reasonable assurance that assets are safeguarded and used for business purposes, financial reports are accurate, and laws and regulations are complied with.

Explanation:

The purpose of internal controls is to provide reasonable assurance that assets are safeguarded and used for business purposes, financial reports are accurate, and laws and regulations are complied with.

By definition: An internal control is a procedure or policy put in place by management <u>to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behavior.</u>

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2 years ago
Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.
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The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

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May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

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May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

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May 23

Debit Cash $302

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Debit Sales discount $13

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Credit Account receivable $315

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Learn more here:

brainly.com/question/16912611

3 0
2 years ago
For Tax Year 2019, amounts are indexed using the Chained Consumer Price Index for All Urban Consumers ("chained CPI"). What impa
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d. Using the chained CPI will not have a notable impact on 2019 tax returns.

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when amounts are indexed using the chanined consumer price index, they increase slowly because there is a period to period connection in the consumer price index.

Therefore, The use of the chained consumer price index would have not have any significant impact on 2019 tax returns.

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If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, it
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If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, its real per capita output will have increased by about $167. This is further explained below.

<h3>What is real per capita output?</h3>

Generally, The real gross domestic product per capita is a figure that is calculated by dividing the entire economic output of a nation by the total population of that country after adjusting for inflation.

In conclusion, If the actual production of a DVC goes from $200 billion to $260 billion and at the same time its population goes from 100 million to 110 million, then the real output per capita will have climbed by around $167.

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