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3 years ago

What is accounting principles

Business

1 answer:

Scorpion4ik [409]3 years ago

8 0

Answer:

Accounting principles are the laws and regulations that must be followed by businesses when reporting financial results.

Explanation:

The basic 5...

The Revenue Principle

The Expense Principle

The Matching Principle

The Cost Principle

The Objectivity Principle

If this helped please give answer brainliest :-)

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3 years ago

____________ result(s) from factors such as manufacturing products in very large quantities, buying inputs in bulk, or making mo

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The question is incomplete, it lacks option.

A) Brand loyalty

B) Demographic forces

C) Political forces

D) Brand positioning

E) Economies of scale

Answer:

Economies of scale

Explanation:

Economies of scale can be described as a reduction in cost, this occurs when companies increases the rate of their production.

Economies of scale can also be reffered to as a process whereby an organization becomes more efficient and therefore reduces the costs of their products.

Economies of scale can be greatly influenced by a large amount of capital which is made available to companies to improve their various operations.

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4 years ago

Read 2 more answers

Phosfranc Inc., is expecting the following cash flows starting at the end of the year—$133,245, $152,709, $161,554, and $200,760

weeeeeb [17]

Answer:

$734,730.52

Explanation:

We know that

Future value = Present value × (1 + rate)^number of years

So for first year, the future value is

= $133,245 × (1 + 9.4%)^3

= $133,245 × 1.309338584

= $174,462.82

For second year, the future value is

= $152,709 × (1 + 9.4%)^2

= $152,709 × 1.196836

= $182,767.63

For third year, the future value is

= $161,554 × (1 + 9.4%)^1

= $161,554 × 1.094

= $176,740.08

For fourth year, the future value is

= $200,760 × (1 + 9.4%)^0

= $200,760 × 1

= $200,760

Total value is

= $174,462.82 + $182,767.63 + $176,740.08 + $200,760

= $734,730.52

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3 years ago

BlendIn, Inc. manufactures covers for blenders and toaster ovens. Because its product lines are similar, BlendIn can produce mos

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3 years ago

The power of a manager, traditionally, was embedded in the hierarchy of the firm. As organizational structures flatten, this pow

Dennis_Churaev [7]

Answer:

employees

Explanation:

In a flat organizational structure, unlike the hierarchy structure, the decision making occurs at the staff level; there is no power of a manager. The employees in a flat organizational structure are given significant authority with little to no supervision.

So as an organizational structure flattens, power that was formally intended for managers, is therefore repositioned the employees of the network.

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3 years ago

What is accounting principles​

What is accounting principles