A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM
<h3>What is Accounting?</h3>
This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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Answer:
C. categorizes expenses according to the cost function
Explanation:
According to the contribution margin income statement, a company shows its sales revenue, fixed and variable expenses. In that case, the company does not show the cost of goods sold. The company directly deducts its variable expenses from sales revenue to determine the contribution margin. Therefore, option A is wrong. Each financial statement of performance (Whether for manufacturing or non-manufacturing), has to be shown. Therefore, the contribution margin format shows the net operating income. It is also false.
As in contribution margin format, fixed and variable expenses are deducted from sales. Therefore, option C is correct.
Answer:
D. Zero-tranche CMO with estimated 5 years life
Explanation:
That statement is false. Your financial decision will not decrease when you have become an adult,
Answer:
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