Which of the basic organizational functions records all financial activity from billing customers to paying employees: Accounting
Financial usually refers to money matters or transactions of some size or importance. Cash, stocks, bonds, mutual funds, and bank deposits are all examples of financial assets.
The Financial field includes three main subcategories:
- personal finance
- corporate finance
- public (government) finance.
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Answer:
D. relative price of beer and hamburgers
Answer:
I belive it would be A
Explanation:
This most matches the defenition
PMI stands for the project management institute and organization which in non-profit for the project management in the United States.
And i think Project management institute created separate knowledge area for stakeholder management to keep the information of stakeholder control within the task or project.
Answer: 1. D) Assets are understated
2. D) Car dealers
Explanation:
1. The shipping costs to bring Inventory into a business are known as Carriage Inwards. This amount is to be debited with the Inventory as it is considered to be part of the cost of acquiring the inventory. By not putting this cost with the inventory, ABC is undervaluing the inventory account which is an Asset account. The Assets are therefore understated.
2. The Specific Identification Method of inventory valuation is based on each individual unit purchased or sold. It does not group items and tracks each item from the moment it is purchased to the moment it is sold so the cost of the specific inventory is known. This method is used more often by businesses that deal with easily identifiable items such as Jewellers and Car dealers because each car is big enough to be tracked individually.
