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adoni [48]
2 years ago
6

Which of the following is NOT one of the five basic functions of an

Business
1 answer:
Alex73 [517]2 years ago
4 0

Sales is NOT one of the five basic functions of an  accounting department

<h3>What is accounting department?</h3>

The accounting department is responsible for recording and reporting the cash flows, both in and out, of a company.  It is part of the corporate overhead group of an organization.

An accounting department provides accounting services and manages the finances of a company.

There are five basic roles or functions within the accounting department:

  • Accounts receivable
  • Accounts payable
  • Payroll
  • Financial controls
  • Financial reporting

Therefore, sales is not one of the basic functions of an accounting department.

Learn more about accounting department here : https://brainly.in/question/13651687

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Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
Sonja [21]

Answer:

3200

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

Market share = sales of a firm / total sales of firms in the industry

total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10

Market share of firm A = (5/10) x 100 = 50%

Market share of firm B = (2/10) x 100 = 20%

Market share of firm C, D, E = (1/10) x 100 = 10%

50² + 20² + 10² + 10²  + 10² = 3200

4 0
3 years ago
Warnes Motors' stock is trading at $20 a share. Three-month call options with an exercise price of $20 have a price of $1.50. Wh
jek_recluse [69]

Answer:

B. The price of the call option will increase by less than $2, but the percentage increase in price will be more than 10%.

Explanation:

Given

Trading price = $20

Exercise price of call option = $20

Call option price = $1.50

Price increment = 10% to $22

It's not be noted that the discounted present value of a price of an option is represented by its expected payoff.

An increment of $2 in stock price attracts an increment of more than $2 in the payoff option.

Having highlighted that, it's also to be noted that the increment in expected payoff will be by an amount less than $2 and same with present value because the possibility is less than 1. So, the price of the option will increase by less than $2.

Moving to the percentage increase;

This will be larger than 10%.

This is because when stock price increases by 10%, the value of the option will increase by more than 10%.

8 0
3 years ago
The distinction between substitutes and complements is
gregori [183]
A substitute is something you replace and use something different in it's place.

Complement is something added to enhance the original
8 0
3 years ago
What employee census data should sally gather to prepare for a benefits bid?
PilotLPTM [1.2K]

The employee census data that should be gathered by Sally to prepare for a benefits bid are;

  • Name
  • Age or date of birth
  • Number of dependents.

<h3>What are employee census data?</h3>

Employee census data can be regarded as the information needed from the employee to file a benefits bid.

Therefore, Name and Age are required for employee census data that should be gathered by Sally to prepare for a benefits bid.

Learn more about employee census data at:

brainly.com/question/25741658

3 0
3 years ago
What is budgetary control?
Lyrx [107]

Answer:

The use of budgets in controlling operations

Explanation:

Budgetary control

The efficiency with which the manger utilizes the budget to control and monitor the costs and operations in a given period of time .

uses the budget as the controlling operations .

Steps of Budgetary Control:

a. Establish a plan or a target of the performance , which coordinates all the activities of the business .

b. Record the actual performance .

c. Compare the actual performance with the planned .

d. Calculate the differences , variances and the reasons .

e. Act immediately , if necessary, to remedy the situation.

5 0
3 years ago
Read 2 more answers
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