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ivanzaharov [21]
2 years ago
12

Which three activities are part of the function of accounting?

Business
1 answer:
IgorC [24]2 years ago
4 0

The 3 activities which are part of the function of accounting includes:

  • Classifying financial transactions
  • interpreting financial transactions
  • Recording financial transactions

Accounting (<em>including bookkeeping</em>) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.

As regards the options, 3 activities which are part of the function of accounting includes:

  • Classifying financial transactions
  • interpreting financial transactions
  • Recording financial transactions

In conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.

Missing word includes <em>"1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"</em>

<em />

Read more about this here

<em>brainly.com/question/15393400</em>

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What is operating a vocation? explain with example.​
SVEN [57.7K]

I'm not really sure about that tho

5 0
3 years ago
With respect to the national saving and investment identity for any country, the quantity of _______________ at any given time b
Sonbull [250]

Answer:

The correct answer is letter "A": foreign aid supplied; be lower than the quantity of domestic aid demanded.

Explanation:

Foreign aid is the money transferred from one country to other(s) as a form of a gift so the other country can use it in different ways for development purposes. It is accurate that a country must focus on its domestic aid first to ensure its internal goals are met and its population is provided what they are in need of.

4 0
3 years ago
In the country of​ Economica, the total labor force consists of 10,000 workers. 600 of these workers are​ unemployed, and thus t
never [62]

Answer:

The labor force will consist of 10,370 workers, and the unemployment rate will be 6.1 %

Explanation:

The labor force includes employed workers and unemployed workers who are looking for a job.

Labor force at the beginning of the year is 10,000.

Labor force at the end of the year

= Total labor force at the beginning of the year + Workers returned to the labor force + New workers added to the labor force - Workers who retired or left the labor force

= 10,000 + 170 + 500 - 300

= 10,370 workers

Number of unemployed at the end of the year

= Number of unemployed at the beginning of the year + Workers who lost their job + New entrants into the labor force + Workers who had returned to the labor force + Voluntary unemployment - Wokers who got employed

= 600 + 200 + 500 + 170 + 100 - 933

= 637 workers

Unemployment rate

=\frac {Number\ of\ unemployed}{Labor\ force}

= \frac{637}{10,370}

= 0.0614 or 6.14%

3 0
3 years ago
Select a small / medium-sized manufacturing business and with reference to relevant theory, perform the following tasks:
gtnhenbr [62]

A possible business that can be selected is:

A small bakery. The four central management functions that are carried out in this business are: Planning, organization, leadership, and control. To effect these, the:

Manager plans the affairs of the business and provides a workable and organized framework. Next, he leads and appoints heads to strategic departments in the organization. He establishes control by ensuring that guidelines are followed.

<h3>What are the four central management functions?</h3>

The four central management functions are those activities that are geared at ensuring the smooth flow of activities in the business. A small business can follow the guidelines which include;  Planning, organization, leadership, and control.

There is a manager in the business who coordinates the daily affairs and ensures that the staff is doing the right things. Control is the last step that ensures that the plans go as designed.

Learn more about the four central management functions here:

brainly.com/question/17083312

#SPJ1

7 0
1 year ago
All of the following are questions an opportunity assessment plan might answer except
Vikentia [17]

Answer:

A. How much capital do I need?

Explanation:

The question is incomplete with regards to the options.please refer below the complete question:

All of the following are questions an opportunity assessment plan might answer except:

A. How much capital do I need?

B. What market need does it fill?

C. What business skills do I have?

D. Can a patent be obtained?

5 0
3 years ago
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