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2 years ago

Reviewing and evaluating records used to prepare a company's financial statements is referred to as ______.

Business

1 answer:

MaRussiya [10]2 years ago

3 0

Answer:

Auditing

Explanation:

Auditing means the audits of the financial statement or the objective examination and the financial statement of the company could be evaluated. It is performed by the third party i.e. auditor. It can be performed by the internal parties and government entity like the internal revenue service

So the review and evaluation of the financial records is called as the auditing

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Bart's Appliance Center owner Ron Bart feels that his organization has access to a great deal of information generated both insi

leonid [27]

Answer: (C) Marketing information system

Explanation:

The marketing information system is one of the important tool that helps the managers in an organization for making various types of desc ions regarding the development and the promotion of the product.

The marketing information system is basically define as the structure of the method in an organization that helps in the analysis of the data and then represent the information more efficiently.

The information related to the marketing is formally analyzed , stored and also distributed according to the requirement in an organization.

Therefore, Option (C) is correct.

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3 years ago

A typical major requirement for a business major would be a course in: A.physics. B.music theory. C.economics. D.physical educat

Llana [10]

Economics because it has to deal with money, which is important for a career in business.

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2 years ago

Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. Durin

fenix001 [56]

Answer:

actual quantity= 25,000 pounds

Explanation:

Giving the following information:

Standard quantity= 2 pounds per units

Production= 12,000 units

Direct material quantity variance= $5,000 unfavorable

Standard price= 120,000/(2*12,000)= $5

<u>To calculate the actual quantity used in production, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

-5,000 = (24,000 - actual quantity)*5

-5,000 = 120,000 - 5actual quantity

125,000/5 = actual quantity

25,000 = actual quantity

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2 years ago

For question 2b, can anyone explain to me whether this statement is correct or. not

lawyer [7]

Its correct because tge more cheeper it is the more will eat and she will make goid money and the higher price will take her shop in loss

4 0

2 years ago

What is a cash book used for?

Alinara [238K]

Answer:

to keep track of all business transactions in case of an audit

8 0

2 years ago

Read 2 more answers