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3 years ago

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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All of the following options are good tips for borrowing money EXCEPT...

Jlenok [28]

I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.

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3 years ago

Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted product

Black_prince [1.1K]

Answer:

Factory Overhead Cost Budget

For the month ending August 31, 2016

Variable factory overhead costs:

Manufacturing supplies $14,000

Power and light $48,000

Production supervisor wages $135,000

Production control wages $32,000

Materials management wages $39,000

Total variable factory overhead costs $268,000

Fixed Factory Overhead Costs

Factory insurance $30,000

Factory depreciation $22,000

Total Fixed Factory Overhead Costs $52,000

Total factory overhead costs $320,000

Thus, the total factory overhead cost for the month of August, 2016 is $320,000.

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4 years ago

Steeler Manufacturing uses an unrelated diversification strategy throughout its operations. For instance, Steeler has five core

galina1969 [7]

Answer:

highly-diversified

Explanation:

Based on the scenario being described within the question it can be said that Steeler Manufacturing would be considered a highly-diversified firm. This term refers to a business/organization that has a wide varied array of operations, all of which are completely unrelated to one another. Which is exactly what Steeler Manufacturing has with it's five subsidiaries. All of which are successful.

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4 years ago

If you stop and take the time to ask yourself if you are being realistic about

mariarad [96]

The correct answer is Overconfidence bias

Explanation:

Overconfidence bias is the result of an excessive and unrealistic estimation of one's skills, knowledge, ideas, etc even to the point the individual considers himself better than others or does not have an objective perception about himself. This type of bias can lead to negative consequences, for example, by overestimating his ability to pass a test a student might choose not to study at all and then fail the test. Moreover, this can be avoided by assessing realistically one's skills, judgments, etc. According to this, the type of bias that can be avoided is overconfidence bias.

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4 years ago

Net income is ________. Question 7 options: A) not cash flow B) earnings before interest and taxes C) the cash flow from the ope

victus00 [196]

Answer:d the increase or decrease in cash flow for the period of time

Explanation:

It’s the amount gained and lost in the amount of time they were in business

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3 years ago

What is accounting in entrepreneurship​

What is accounting in entrepreneurship