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3 years ago

At the end of a fiscal period, expense accounts are closed through

Business

1 answer:

emmasim [6.3K]3 years ago

3 0

Answer:

see the explanation

Explanation:

The temporary accounts get closed at the end of an accounting year. Temporary accounts include all of the income statement accounts (revenues, expenses, gains, losses), the sole proprietor's drawing account, the income summary account, and any other account that is used for keeping a tally of the current year amounts.

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Which of the following is not a typical adjustment made to the income statement for projection purposes?

ankoles [38]

Answer:

The correct answer is b. Adjusting revenues to only include organic revenue growth.

Explanation:

One of the quantitative planning techniques is the projection of financial statements or also called pro forma statements.

The applications that can be had among others are the following:

Know how the year will end for tax purposes in terms of income and deductions in order to make decisions before the end of the year.

Another application will be to know the external financing needs for the period you want to know.

The most common and practical method of projecting financial statements is based on sales.

7 0

3 years ago

For each scenario, select the appropriate distribution density classification.1. Snack Time-Frito-Lay knows that hunger can stri

Karolina [17]

Answer:

1. Intensive Distribution

2. Selective Distribution

3. Intensive Distribution

4. Exclusive Distribution

5. Selective Distribution

6. Exclusive Distribution

Explanation:

Intensive Distribution is the one in which the product is available almost everywhere. That the product is easily available and the company ensures that it has a wide range of consumers.

Selective Distribution is the one in which the product is available only at some identified places, as for example the 5. point the apple phones are available usually at apple stores or some other specified mobile sellers, thus it is easily available yet at some limited shops only.

Exclusive Distribution is the one in which the product is available only at some exclusive shops, as in the 4th point and 6th point the luxury brand is not easily available and rather at only a few outlets of the company.

8 0

3 years ago

Adham is interested to buy a pair of shoes, at Lazzado.com as follows:

nlexa [21]

I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)

7 0

3 years ago

The key decisions and plans in corporate strategy address: What business are we in and how will we allocate resources among thes

serious [3.7K]

This is A. true i think

4 0

3 years ago

During the sensorimotor stage of cognitive development, the child:

Lina20 [59]

Answer:

The correct answer is d.

Explanation:

This stage extends from birth to the acquisition of the individual's language. Children build step-by-step knowledge and understanding of the world by coordinating experiences (such as sight and hearing) related to physical interaction with objects (such as grabbing and stepping).

The development of the permanence of the object is one of the characteristic achievements of this stage. Object permanence is the child's understanding that objects continue to exist even though he or she cannot perceive them.

Have a nice day!

4 0

3 years ago