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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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When the Central government cut taxes and increases spending to stimulate the economy during a period of recession, such actions
Mkey [24]

Answer:

The correct answer to the following question is C) counter cyclical fiscal policy.

Explanation:

Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.

3 0
3 years ago
Barnette Inc.'s free cash flows are expected to be unstable during the next few years while the company undergoes restructuring.
kykrilka [37]

Answer:

Horizon value = $883

so correct option is e. $883

Explanation:

given data

FCF is expected = $50 million

time = 5 year

CF growth rate = 6% = 0.06

average cost of capital = 12% = 0.12

to find out

the horizon value

solution

we know that FCF at year 6 is here

FCF at year 6  = principal ( 1 + rate )

FCF at year 6 = 50 × (1 + 6%)

FCF at year 6  = 53 million

and

Horizon value will be here

Horizon value =  \frac{FCF at year 6}{required rate- growth rate}  

Horizon value =  \frac{53}{0.12-0.06}

Horizon value = 883.33

Horizon value = $883

so correct option is e. $883

6 0
3 years ago
All counties in Texas have the same basic structure, as dictated by law, with little localized variation. Critics take issue wit
Annette [7]

It is true that employment in county government is not based on system but rather is often determined by political or personal relationships. Critics contend that this leads to inefficiencies.

<h3>How employment is determined by political or personal relationships?</h3>
  • Employing someone based only on their political and personal connections could result in inefficiency.
  • To make sure they are hiring people who are deserving of the roles they are giving, employers must constantly search the open market for qualified personnel.
  • Additionally, by hiring just members of a select set of people, the company or organization may be engaging in unfair labor practices in front of the Equal Employment Opportunity Commission (EEOC) if the offense is committed repeatedly.
  • Even while discussing vacancies for public deputy officers, the situation deteriorates.

Learn more about Employment here:

brainly.com/question/17459074

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5 0
1 year ago
With the standard burger without a bun, the bottom bun items go on the _____ and the top bun items go on the ______
Olegator [25]

With the standard burger without a bun, the bottom bun items go on the right and the top bun items go on the left.

Place the baking sheet in the oven or toaster and close the door. Keep an eye on the buns and remove them after 30 seconds or when they begin to brown.

French fries should be cooked for about two and a half to three minutes. Shake the frying basket well before dipping it into the oil. Shake regularly to prevent sticking.

Burger "all the way" order includes lettuce, pickles, tomatoes, grilled onions, grilled mushrooms, ketchup, mustard, and mayonnaise.

Learn more bout

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6 0
1 year ago
Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level
leva [86]

Answer:

$1,667

Explanation:

Given that,

Savings account at the beginning of the year = $2,000

Price level at the beginning of the year = 100

Price level at the end of the year = 120

Price level increases from 100 to 120

Therefore, what was worth $120 earlier, is not worth only $100.

Hence, $120 at the beginning of the year is worth = $100 at the end of the year

$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year

Savings of $2,000 at the beginning of the year is worth:

= ($100 ÷ $120) × $2,000

= 0.833 × $2,000

= $1,667

Therefore, the real value of the savings is $1,667.

5 0
3 years ago
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