Answer:
That statement is true
Explanation:
In order to conduct a total cost analysis, a company need to calculate every single relevant cost that occurs within an operation or project from start to finish. From this, the company usually can find out about hidden costs that might occurs outside the initial plan.
The decision makers can use this options to make their decision in the future. If the total hidden cost is larger than ideal, they can either implement a new budgeting plan or implement policies that minimize the hidden cost.
Answer:
so you have to get a budget plan ,figure out what your small business name is
Explanation:
Answer:
A) Crowdfunding
Explanation:
Crowdfunding is used by entrepreneurs or charities (non-profit) to raise money from a large number of people. This is a relatively new way of raising money and is possible basically due to the internet. The entrepreneur or non-profit ask for small contributions or investments, and the goal is to have a lot of people who either invest in a new project or donate. The advantage of the internet is the large audience (hundreds of millions of people) that can be reached.
Answer:
The correct answer is letter "B": a claim that entitles the owner to future income from the seller.
Explanation:
Financial assets are intangible resources that represent an entity's ownership claim or contractual rights to future payments. Common types of financial assets are cash, stocks, bonds, bank deposits, options, futures contracts, and derivatives. The value of an asset depends on supply and demand and its underlying value.
Answer:
For recording the reduction in value the Journal entry is shown below:-
Explanation:
The Journal entry is shown below:-
Impairment Loss Dr, $11,70
To Debt Investment $11,70
(Being the reduction in value is recorded)
Therefore, Impairment loss is an loss and we already know that all the expenses and losses are debited and investment is an asset that shows the decrements hence it is credited.
Working note :-
Impairment loss = Carrying value - Decrease in value
= $76,700 - $65,000
= $11,700
