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LUCKY_DIMON [66]
3 years ago
8

Why might the revenue and cost figures shown on a standard income statement not represent the actual cash inflows and outflows t

hat occurred during a period
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer:

Actual figures are only available after the period end using these will delay product costing, price setting and profit determination.

Explanation:

Firms use standard or budgeted revenue and cost figures in the income statement because actual figures are only available after the period end using these will delay product costing, price setting and profit determination.

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Goal displacement, satisficing, and groupthink are:
Grace [21]

Goal displacement, satisficing, and groupthink are the<u> advantages of </u><u>group decision-making.</u>

Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.

During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.

Some of the advantages of the <em>group decision-making</em> include goal <em>displacement, satisficing</em>, and groupthink.

Read related link on:

brainly.com/question/25067788

6 0
2 years ago
Cost outlays are recorded as an expense when they are incurred to earn revenue in the _______________ accounting period
Deffense [45]

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

8 0
3 years ago
A company has annual sales of $160 million, a net profit margin of 4%, and total assets of $90 million. It carries $10 million i
sasho [114]

Answer:

18.29%

Explanation:

Return on Equity is the net profit available for equity/ Total equity value.

Total equity = Total assets - Total debt

= $90 million - $55 million = $35 million

Earnings for equity = Annual sales \times net profit margin 4%

= $160 million \times 4% = 6.4 million

Therefore, return on equity = \frac{Net\ profit\ for\ equity}{Total\ value\ of\ equity}

= \frac{6.4\ million}{35\ million} \times 100 = 18.2857

Therefore, ROE = 18.29%

4 0
3 years ago
Last winter, a guest at a nearby motel fell through the ice and was not rescued in time. the motel's name was included in news c
Hitman42 [59]
Any more info about who Dave and Betty are? Any answer choices?
6 0
3 years ago
Read 2 more answers
Organizations typically rely on __________ schedules, such as hourly wages and annual reviews and raises.
frutty [35]

Organizations typically rely on fixed interval and fixed ratio schedules, such as hourly wages and annual reviews and raises. A fixed interval schedule is when an employer gives an employee a raise or reward after a set amount of time has passed. A fixed ratio schedule is when there is a reinforcement after a certain number of responses has happened.

3 0
3 years ago
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