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Semenov [28]
3 years ago
12

In your own words define the term accounting and its usage.

Business
1 answer:
Drupady [299]3 years ago
3 0

Answer:

<h3>Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows. </h3><h3 />
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What will NOT cause a shortage?
sweet-ann [11.9K]
<h3>Answer: D) increase in prices</h3>

An increase in prices will reduce demand, and not supply. You could have an increase in prices due to a shortage, but price increases could also be from a number of other factors, one of which is demand increasing.

Meanwhile, war, scarcity and extreme weather all are possible factors of a shortage. So we can cross choices A,B,C off the list.

5 0
3 years ago
What is one way learning to budget now will affect your future?
bagirrra123 [75]

Answer:

not saving up

Explanation:

I dont have one

5 0
3 years ago
Every 6 months, Leo Perez takes an inventory of the consumer debts he has outstanding. His latest tally shows that he still owes
Svetradugi [14.3K]

Answer:

The answer is "87%".

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6 0
3 years ago
Suppose that the required reserve ratio is 20 percent for commercial banks and there are currently no excess reserves. Then, one
zysi [14]

Answer:

The amount of money created will be $1,250,000

Explanation:

In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.

Multiplier = 1/reserve ration = 1/0.2 = 5

The amount of money created = Multiplier *Initial deposit

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= 1,250,000

4 0
3 years ago
Select three situations when an agency can perform a warrantless search.
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8 0
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