Answer: B) unit of Account
Explanation:A unit of account in financial accounting refers to the words that are used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them. Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability.
Sure, but in my opinion it’s pretty easy to get so far (this is only my first day using Brainly, so I don’t know)
Answer:
Follows are the solution to this question:
Explanation:
- The Conversion costs applied on the direct materials into finished products is transformation price.
- The Period costs include costs for research and innovation, marketing, allocation, and also customer service.
- The direct material, extra production overhead, is equivalent to Prime costs.
- In the installation of a car metal, tires, motors, poling, floorboards, and dashboards have been used. Even though manufacturing companies can trace the cost to multiple ones or batches of automobiles for components (such as cargo and importation duties), such expense to cars are considered Direct costs.
- The costs are the costs, that can be tracked instantly to a(n) Cost objects are Direct costs.
- Initially, Product costs are known to income statement Assets.
- A much less accurate cost figure for both the Cost Object is allocated to the Assigned.
- Indirect costs could not be traced directly to Cost objects.
- The prices of the entire supply (Total costs) chain comprise the prices of all resources.
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Answer:
Here are the steps for completing a bank reconciliation:
Get bank records.
Gather your business records.
Find a place to start.
Go over your bank deposits and withdrawals.
Check the income and expenses in your books.
Adjust the bank statements.
Adjust the cash balance.
Compare the end balances.
Explanation:
