1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Evgesh-ka [11]
2 years ago
7

What is the imprest system ​

Business
1 answer:
riadik2000 [5.3K]2 years ago
6 0

Answer:

The imprest system is a form of financial accounting. The most common is petty cash.

You might be interested in
Compare a market operating at a quantity lower than equilibrium with the same market operating at the equilibrium quantity. Whic
topjm [15]

Answer:

a.) the economic surplus is greater at the equilibrium quantity.

Explanation:

This is correct because at lower production levels a dead weight is created of the potential surplus that is not obtained either for producer nor consumers. At equilibrium, the maximum surplus is achieved and is allocated among producers and consumers

6 0
3 years ago
A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,
Valentin [98]

<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>

<u>Explanation</u>:

Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.

<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.

In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.

6 0
3 years ago
On january 1 of year 1, congo express airways issued $3,700,000 of 6% bonds that pay interest semiannually on january 1 and july
erastova [34]
<span>The amount of interest expense recognized by Congo Express Airways would be $199,334 after one year of being issued. This is calculated by finding 6% of the $3,700,000 which is $222,000. Then subtracting the amortized amount of $22,666 per annum, which was found by doubling the 6 month rate of $11,333. This gives you a total of $199,334.</span>
6 0
3 years ago
Name a reward of owning your own business.
just olya [345]
You get to look at the progress of your business
6 0
3 years ago
Read 2 more answers
Giselle has $10,000. She could put it in a CD earning 2% interest, a tech stock earning an 18% return this year, a mutual fund l
Arturiano [62]
The investment with the lowest volatility is the CD.

CD stands for Certificate of Deposit. It is a savings certificate that states that the bearer of the certificate is entitled to receive interest. A Certificate of Deposit reflects the amount invested, specified interest rate, and its maturity date.

In Giselle's case, her CD will reflect a $10,000 with an interest rate of 2% compounded annually and a maturity date that is either one month up to five years from the day of opening the CD account and depositing the cash.

Regardless of what happens in the stock market, Giselle is assured of earning 2% from her $10,000 investment. For example: her term is 1 year.
$10,000 * 2% * 360/360 = 200 is the interest she will earn for the year.

4 0
3 years ago
Other questions:
  • For much of the first half of the twentieth​ century, managers viewed work specialization as​ ________.
    8·1 answer
  • Which of these statements best represents the law of demand? when buyers' tastes for a good increase, they purchase more of the
    13·1 answer
  • During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv
    5·2 answers
  • CA5-5 WRITING (Cash Flow Analysis) The partner in charge of the Kappeler Corporation audit comes by your desk and leaves a lette
    6·1 answer
  • Cash dividends reduce the stockholders' equity in the corporation. <br> a. True<br> b. False
    12·1 answer
  • The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and
    5·1 answer
  • Nova Electrics anticipates cash flow from operating activities of $12 million in 20X1. It will need to spend $9.5 million on cap
    5·1 answer
  • Synthetic Fuels Corporation prepares its financial statements according to IFRS. On June 30, 2019, the company purchased equipme
    14·1 answer
  • A type of pricing strategy we’re in the same product being sold at a different place but have different price
    15·1 answer
  • Write a short memo to Ms Loki explaining the business performance findings of your statement of cash flow.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!