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Helga [31]
2 years ago
10

All accounting systems ______. (Select all that apply.) Multiple select question. record and summarize financial effects of tran

sactions are Excel spreadsheets combine beginning balances with the activity during the accounting cycle to yield the ending balances for each account. follow the accounting cycle must be computerized
Business
1 answer:
Rufina [12.5K]2 years ago
6 0

it should be noted that all accounting systems should be;

  • record and summarize financial effects of transactions.
  • follow the accounting cycle.
  • combine beginning balances with the activity during the accounting cycle to yield the ending balances for each account

<h3>What is an accounting systems?</h3>

An accounting system  can be regarded as accounting processes  that posses some integrated procedures .

Therefore, accounting systems helps in recording business transactions.

Learn more about accounting systems at;

brainly.com/question/21400963

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Yes , it is true . when it is in a progressive tax system
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Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as: produc
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Answer: location economies

Explanation:

location economies are economies which are birthed through performing a value creation activity in an optimal location for that activity wherever in the world it may be. It is used by firms to determine the competition in an environment when locating to do business

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Which of the following four companies will have the lowest carrying value on their bonds if they decide to redeem their bonds be
Dennis_Churaev [7]

Answer:

C) Company 1 sold their bonds at 94 and redeemed them at 106.

Explanation:

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6 0
3 years ago
When we express the value of a cash flow or series of cash flows in terms of dollars today, we call it the ________ of the inves
vekshin1

Answer:

Present value

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Future value is the value of cashflows discounted at interest rate at arrive at its value at some given time in the future.

I hope my answer helps you

8 0
3 years ago
Read 2 more answers
process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reas
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The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.

An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.

The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.

That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.

Learn more about entity here brainly.com/question/17290596

#SPJ4

7 0
1 year ago
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