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Schach [20]
3 years ago
9

What is accounting in entrepreneurship​

Business
1 answer:
Korolek [52]3 years ago
4 0

Answer:

Definition: A business's bookkeeping system that tracks the money coming in vs. the money going out. Aside from every business owner's inherent desire to stay in business, there are two other key reasons to set up a good bookkeeping system: 1.

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When will a minimum wage be an effective price control? When it is a ________a. Maximum "price" that is above the equilibrium pr
labwork [276]

Answer:

c. Minimum "price" that is above equilibrium price

Explanation:

if the minimum wages is below equilibrium then it will be ineffective as there wasn't any agent willing to trade his labor at this rate.

The minimum wages must be placed above equilibrium to be effective. This will force both, laborers who were willing to work for less and employees whose intention were to pay less than minimum to trade at minimum wage.

5 0
3 years ago
A paycheck is issued for $329. 40. The paystub reflects an amount earned of $400. 00, Medicare tax of $5. 80, Social Security ta
cestrela7 [59]

Net income is the amount that will be earned after all the taxes have been subtracted from the paystub amount.

<h3>The net income for the paycheck</h3>

Given Information:

  • Paycheck=$329.40
  • Paystub=$400.00
  • Medical tax=$5.80
  • Social security tax=$24.80
  • Federal tax=$40.0

The Net income is therefore:-

Net Income=Paystub-Medical tax-Social security tax

Net Income= 400 - 5.80 - 24.80 - 40

Net Income= $329.40

In conclusion, the net income is $329.40.

Learn more about Net income, refer to the link:

brainly.com/question/20938437

6 0
2 years ago
With respect to delaying revenue recognition until completion of a long-term contract, it is the case that: Multiple Choice A) E
hichkok12 [17]
<h2>Estimated losses on the overall contract are recognized before the contract is completed. </h2>

Explanation:

Revenue recognition cannot be done prior to the completion of contract.

But the asset can be created. Only after the contract gets completed the revenue recognition can be realized.

For a long-term project, the revenue can be recognized based on the percentage of completion.

Revenue recognition keeps financial transactions aligned.

Option A: valid

Option B Invalid, because expenses are also recognized

Option C: This process is acceptable.

Option D: Gains and profits are calculated in this type of method

8 0
4 years ago
Users create expense reports and attach receipts in an Expenses app before submitting them for approval. What should the Adminis
monitta

Answer:

The administrator should consider the App's ability to enable the user to scan and attach receipts with the expense reports.

Explanation:

The App for Salesforce Mobile should be enabled to scan and attach receipts with the expense reports in order to meet the user's requirements.  The easiness of the Mobile App achieving this functionality is very important.  Once users were not always able to easily implement this functionality in the App, then it would not be considered user-friendly.  The scanning should be as simple as taking a shot with the phone's camera.

7 0
3 years ago
___________ is the difference between the observed value of a quantity and the true value____________ is the difference between
LUCKY_DIMON [66]

Answer:

The answer is;

Deviation  is the difference between the observed value of a quantity and the true value, residual is the difference between the observed value of a quantity and the mean of the observed values

Explanation:

The error of an observed value is the deviation of the observed value from the true value of a quantity of interest (for example, a population mean).

The residual of an observed value is the difference between the observed value and the estimated value of the quantity of interest (for example, a sample mean)

6 0
3 years ago
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