Answer:
a) Cost accounting: it is concerned with the provision and the use of accounting information to managers within the organisation to provide them with the basis to make informed decisions.
b) Public accounting: it is a specialised branch of accounting that keeps track of companies' financial transactions.
Explanation:
Cost accounting also known as managerial accounting is an accounting technique that's focused on the identification, measurement, analysis, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.
Basically, cost accounting systems is an accounting system that is used by an organization to report both monetary and nonmonetary information.
Public accounting is an accounting technique that's typically used for analyzing, summarizing and reporting of financial transactions such as sales costs, purchase costs, payables and receivables of organizations (companies) using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Answer: Line.
Explanation:
Rovermand Corporation has a Line Organizational structure, in which each department has a manager controlling their activities and those departmental managers report back to the management of the company. The Line Organizational structure makes it easier for staff to access information on action to carry out and job supervision is effective.
Answer:
Check the explanation
Explanation:
The inflationary gap will be = Real GDP - Potential GDP, which will give you = $2,500 - $1,000 = $1,500.
The Federal government will have to lessen the actual GDP so as to close the gap since the actual GDP is bigger than the potential GDP. In this case, the Federal government will have to lower supply of money. So that it would have to sell securities to the banks. When the Federal government sells securities companies and private individuals, money is expected to flow from the banking system to the Federal government.
Here, multiplier = 1/reserve ratio = 1/20% = 1/0.20 = 5
So, in closing the space and lowering GDP by $1,500 trillion, the Federal government will have to sell securities worth $1,500 trillion/5 = $300 trillion.
The deeds and action of a producer indicates apparent authority
Apparent authority is a legal concept in which a principal is liable for the acts of the agent in case the principal gives an impression to a third party that the agent acts or speaks for the principal. The agent acts on behalf of the principal, even though not expressly or implicitly granted.
Answer:
The answer is Selling Stocks