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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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Supply chain managers outsource logistics to meet three​ goals: A. drive down inventory​ investment, lower delivery​ costs, and
Natasha2012 [34]

Answer:

A. drive down inventory​ investment, lower delivery​ costs, and improve delivery reliability and speed.

Explanation:

Inventory investment is allocating resources to raw materials, finished goods, and work in progress. Supply managers will outsource logistics services to save costs and improve efficiency in inventory management.

Specialized logistics companies deliver raw material and distribute finished goods at a fast speed and lower cost. Outsourcing will present the supplies manager as reliable in the books of their customers.

3 0
3 years ago
Private businesses have the most influence over the production of goods and
IrinaK [193]

Answer:

The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.

6 0
2 years ago
Suppose that you own a video store that has total costs of $3,600 per month. If you charge $12 for each DVD you sell, how many d
Lapatulllka [165]
300
Divide 3600 by 100= 36
divide 36 by 12= 3
multiply 3 by 100=300
4 0
3 years ago
Why might a business owner prefer to raise capital through a loan rather than through selling shares to an investor ?
MArishka [77]

Answer:

Shareholders can have control over business decisions. With a loan, all the owner owes is principle and interest

7 0
3 years ago
Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

                            = $150,500 ÷ $750,000

                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0
3 years ago
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