All categories

3 years ago

It is generally recognized that a major objective of accounting for inventory is the proper determination of

Business

1 answer:

ZanzabumX [31]3 years ago

4 0

Answer:

Net income

Explanation:

The main objective of an accounting with respect to the inventories is determining of an income via the matching principle where the revenues are matched with the expenses incurred

So as per the given situation, the net income should be considered and relevant

Therefore it is to be correct term that should be used here

You might be interested in

You are the project manager assigned to a project to upgrade an old bus shelter. The shelter is located along South Street trave

Zarrin [17]

Answer:

Risks of the project include

disruption in the highway during renovation process. - High risk

Poor material used in the construction - High risk

Rainfall may delay the work process. - Medium risk

Traffic flow management will be difficult during peak hours. - Medium risk

Dust and noise during the construction will disturb the society. - Low risk

Explanation:

The risk register includes Risk description, its impact in terms of probability and measures to mitigate such risk. There are many potential risks that are associated with the construction of the bus shelter. The risks are not acceptable as the highway disruption should be kept to minimum and any delay in the work is not tolerable. These risks are reduced by deploying extra labors so that the renovation work is completed on time.

4 0

3 years ago

Which of the following is true about career goals?

Arada [10]

Answer:

$\gamma \: option \: b$

Explanation:

Hope it works out !!!

3 0

3 years ago

Read 2 more answers

A warewashing machine and/or the compartments of sinks/basins must be cleaned:

Stolb23 [73]

On a day to day bases, as well with non harmful cleanser

5 0

4 years ago

Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level

leva [86]

Answer:

$1,667

Explanation:

Given that,

Savings account at the beginning of the year = $2,000

Price level at the beginning of the year = 100

Price level at the end of the year = 120

Price level increases from 100 to 120

Therefore, what was worth $120 earlier, is not worth only $100.

Hence, $120 at the beginning of the year is worth = $100 at the end of the year

$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year

Savings of $2,000 at the beginning of the year is worth:

= ($100 ÷ $120) × $2,000

= 0.833 × $2,000

= $1,667

Therefore, the real value of the savings is $1,667.

5 0

3 years ago

In reviewing the agreement between AdCreate and Anchor Motors, Jacob Stein found that sales ofAnchor rose 2.8% compared to the p

kakasveta [241]

Answer:

AdCreate billed Anchor Motors $529,412 for the third quarter in 2010

Explanation:

The advertizing company usually takes a 15% commision

Which means from the total amount billed to customer 15% ar commision which means:

money paid to media + 15% comission of the billed amount= total amount billed

450,000 + 0.15X = X

Now, we try to solve for X and get the amount billed to anchor motors.

X = 450,000/.85 = 529.411,76

8 0

3 years ago