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KengaRu [80]
2 years ago
5

1.What is business? Explain its characteristics.​

Business
1 answer:
jek_recluse [69]2 years ago
8 0

Answer:

Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.

the major characteristics are:

1. Exchange of goods and services

2. Deals in numerous transactions

3. Profit is the main objective

4. Business skills  for economic success

5. risks and uncertainties

6. marketing and Distribution of goods

7. Sale to satisfy human wants

Explanation:

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In the context of the skills that good managers should possess, which of the following statements is true of managers with a mot
Svet_ta [14]

Answer:

b

Explanation:

bcoz they want to motivate the employees to

6 0
3 years ago
a plant asset trade-in with commercial substance means that it changes the company's: multiple choice question. current cash flo
stellarik [79]

We can actually deduce here that a plant asset trade-in with commercial substance means that it changes the company's: Future cash flows.

<h3>What is cash flow?</h3>

In Business, cash flows actually refers to the amount of the net cash and its equivalent that is actually being moved or transferred in and out of the company.

When cash is received by the company or organization, it is said to be cash inflow while the cash that is being spent to run the daily to day activities of the company are known as cash outflow.

Thus, we see that a plant asset trade-in with commercial substance means that it changes the company's  future cash flows. The future cash flow is the expected inflow and outflow of cash in the future.

Learn more about cash flow on brainly.com/question/735261

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3 0
1 year ago
EB1.
GaryK [48]

Answer:

1,350 units; 918 units

Explanation:

Ending inventory:

= Beginning inventory + Units started - Units completed and transferred

= 750 + 9,500 - 8,900

= 1,350

Equivalent units of ending work in process for Materials:

= 100% complete × Ending inventory

= 100% × 1,350

= 1,350 units

Equivalent units of ending work in process for Conversion:

= 68% complete × Ending inventory

= 68% × 1,350

= 918 units

3 0
3 years ago
Which of the following errors, each considered individually, would cause the trial balance to be out of balance? A payment of $1
alukav5142 [94]

Answer:

A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.

Explanation:

Even if the others are wrong, they by themselves wouldn´t cause the trial balance to be out of balance, because in the end they have similar of the same amount of money in debit and credit, the only one that would make the trial balance to be out of balance would be A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.  because as you can see it has both transactions in the debit side, and when doing trail balances for every debit there is always a credit with the same amount.

8 0
3 years ago
Why does the government plan its financial expenditure framework for a period of five years?
Leto [7]
Because the financial expenditure
4 0
3 years ago
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