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Tresset [83]
3 years ago
13

Difference between budget account and revolving account and also a regular account

Business
1 answer:
den301095 [7]3 years ago
4 0

Answer:

Oh's, wrong question.

Explanation:

You might be interested in
Which competencies is an HR professional said to have if he is able to act personally and professionally with integrity and acco
mote1985 [20]

Answer: Ethical practice

Explanation: A worker who is able to act personally and professionally with integrity and accountability is said to act in line with the ethical practices of the workplace. These practices and principles guide their behaviour at work, leading to consistent production of high-quality work. Workplace ethics are essentially moral principles that guide worker's actions in the workplace. They can vary from industry to industry, position to position within an industry also by specific field within a larger industry.

4 0
3 years ago
Valuing assets at their fair value rather than at their cost is inconsistent with the: periodicity assumption. full disclosure p
PolarNik [594]

Answer:

Historical cost principle.

Explanation:

Valuing assets is described as determining the fair value in market and also asset valuation which its inclusion are are bonds, stocks, property etc. And in above question it is known that cost is inconsistent with historical cost principle. Historical cost principle in the other hand is described as recording of assets when they are been purchased at it historical cost. It is also a bookkeeping basic principle. This has several tools that it works with which include cost, market value etc.

This here explains to us that every business has a cost that drives on and a market value which it is driven on.

7 0
3 years ago
Martin has given himself an entertainment budget of $5 per week. He has decided that each week he will spend that $5 by either a
Delvig [45]

Answer:

Five songs

or you might be looking for an answer like this-

1. Factor services, 2 scarce resources, 3. opportunity cost or real cost or true cost

Explanation:

For the first answer

$5

one movie

one movie and five songs

five songs

For the second answer here's an explanation

Circular flow.of income: This is the system of how goods and services flow in for consumption by the households.it also shows the intrrelationship between the households and the business sector of the economy. From the diagram of the circular flow of income, the outer circle presented the flow of real services for productive agents such as land, Labour, capital and enterprise to the business sector.while the flow of goods and services are produced from the inner circle reflect the monetary aspect of what the outer circle produced.

Scarcity : This concept is used to explain how the human wants are unlimited, since human wants are unlimited so the resources to satisfy them are also limited . In order to solve the problem of scarcity, man has to make a choice by ranking his wants in their order of priority this is where we have the scale of preference.

Opportunity cost : This is the cost which described the cost of one product in terms of forgone alternatives. It is the alternative that is forgone in order to satisfy a want. For example a student who need a book that is costing $10, and a cloth that is also costing $10. If the student buys the book instead of the cloth, then the opportunity cost of his choice is the cloth that such student has forgone.

4 0
3 years ago
If a company paid $38,000 of its accounts payable in cash, what was the effect on the accounting equation? Multiple Choice Asset
Tom [10]

Answer:

Assets increase by $75,000 and liabilities increase by $75,000.

Explanation:

6 0
2 years ago
Discuss similarities and differences between the discounted dividend and corporate valuation models
kotykmax [81]
Dividend discount model (DDM) is used in valuing stocks of a company with basing on the value of the future net present dividends. It rests on the assumption that the stock's worth is equivalent to future dividends including discounted values of the present. Corporation valuation models on the other hand, is for loan qualifications, setting prices upon selling one's company.
6 0
3 years ago
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