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3 years ago

What are control accounts in accounting??

2 answers:

6 0

In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.

Alenkinab [10]3 years ago

6 0

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Multinational Corporations (MNCs, sometimes called TNCs) are:

BabaBlast [244]

Answer:

d. Non-state (non-governmental) actors, focused on profit

Explanation:

Non State actor can literally be defined as an organization that are not funded by the government.

Multinational Corporations (MNCs) and Transnational companies (TNCs) are organizations that have companies in several countries and are business oriented focused on making profit.

Therefore, Multinational Corporations (MNCs, sometimes called TNCs) are Non-state (non-governmental) actors, focused on profit

4 0

3 years ago

According to the philosopher Immanuel Kant, the right of employees to know the nature of the job they are being hired to do and

ale4655 [162]

Answer: Free consent

Explanation:

According to the given question, in an organization the employees has the rights for knowing the job nature and this scenario reflect the basic right of free consent.

As, the free consent is basically refers to the legal term which is used for describing about the agreement between the two parties including all the terms and the conditions according to the section 13.

In the free consent agreement both the parties must be agree on all the conditions. Therefore, Free consent is the correct answer.

5 0

3 years ago

The step in which a salesperson meets the customer for the first time is the __________ step of the creative selling process.

frosja888 [35]

The step in which a salesperson meets the customer for the first time is the <u>approach step</u> of the creative selling process.

<h3>Who is a saleperson?</h3>

A salesperson can be defined as the person whose sole reponsibilities is to market and sell a company product to potentials customers or buyers.

When a sales person meet a customer for the first time, the sales person need to first approach the customers before marketing a product to the customer.

Therefore the step in which a salesperson meets the customer for the first time is the <u>approach step.</u>

Learn more about salesperson here:brainly.com/question/25586322

#SPJ1

5 0

2 years ago

Shirley’s and Son have a debt-equity ratio of .60 and a tax rate of 35 percent. The firm does not issue preferred stock. The cos

ikadub [295]

Answer:

d. 8.2%

Explanation:

The computation of the WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

where,

Weighted of debt = Debt ÷ total firm

= (0.60 ÷ 1.60)

= 0.375

And, the weighted of common stock = (Common stock ÷ total firm)

= 1 ÷ 1.60

= 0.625

The total firm is

= 0.60 + 1

= 1.60

Now put these values to the above formula

So, the value would equal to

= (0.375 × 8%) × ( 1 - 35%) + (0.625 × 10%)

= 1.95% + 6.25%

= 8.20%

8 0

3 years ago

Brief Exercise 12-05 Nabb & Fry Co. reports net income of $31,000. Interest allowances are Nabb $7,000 and Fry $5,000, salar

il63 [147K]

Answer:

The calculation is shown below:

Explanation:

The distribution of income is shown below:

Particulars Nate Frank Total

Interest Allowance $7,000 $5,000 $12,000

Salary Allowance $15,000 $10,000 $25,000

Total $22,000 $15,000 $37,000

Remainder (Equally) ($3,000) ($3,000) ($6,000)

Net Income $19,000 $12,000 $31,000

The remainder amount is come from

= $37,000 - $31,000

= $6,000

We simply added the interest allowance and the salary allowance and then deducted the remaining income so that the net income could come

8 0

3 years ago

What are control accounts in accounting??​

What are control accounts in accounting??