The given statement "Managerial accounting deals with determining the costs and profitability of the company's activities" is True because Managerial accounting is a subset of accounting that is concerned with the internal aspects of a company.
Managerial accounting, also known as cost accounting, is primarily concerned with determining the costs and profitability of a company's activities. Managerial accounting is used to provide information to a company's management team to help them make informed business decisions. It aids in the development of budgets, the calculation of product costs, the tracking of expenses, and the identification of areas where a company can reduce its costs.
It differs from financial accounting in that it is only concerned with internal business operations and does not provide information for external parties like investors or creditors. Managerial accounting may also provide detailed reports on a company's activities, allowing managers to make better business decisions, optimize resource usage, and identify problems that need to be addressed quickly. Managerial accounting also helps in the determination of the price of the products.
By calculating the total cost of production, which includes the direct cost of material and labor and the overhead cost, managers can set a competitive price for the product that also covers the cost of production. This, in turn, will contribute to the profitability of the company. Therefore, it can be concluded that Managerial accounting deals with determining the costs and profitability of the company's activities.
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Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.
Answer:
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
Explanation:
There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.
The traditional 401k plan is an employer-sponsored retirement scheme. The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.
The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.
Answer:
C. A traditional 401(k) is tax deferred because the income earned isn’t taxed until the money is withdrawn.
Explanation:
PLATO
what is the purpose of an institutional review board? how do such boards help marketing researchers? how would such a board help in the silver jewlery store case?
The purpose of IRB review is to make sure that the appropriate precautions are taken to protect the rights, both before and during periodic evaluation.
What do you consider marketing to be?The process of developing, communicating, delivering, and exchanging products and services that are beneficial to customers, clients, partners, and society at large is known as marketing.
How is marketing done?Promoting a company's supply of goods and services is the responsibility of marketers. Marketing experts commonly create and execute inbound and outbound advertising campaigns that increase brand recognition and employ sales methods to persuade customers to purchase from a firm.
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________ refers to the propensity for a product to perform consistently over its useful design life.
Answer:
CONFORMANT reders to the propensity fir a product to perform consistently iver its useful design life
An effect of variable pay plans is that ____ incentives increase the competition among individual employees.individualorganizational
Individual incentives increase the competition among individual employees.
What is incentives?Incentives are rewards or benefits that are offered to encourage a desired behavior. They work by providing positive reinforcement to motivate people to do something or to achieve a certain goal. Incentives are widely used in businesses, schools, and organizations to motivate employees, students, and members. They can be used to improve performance, increase productivity, or provide motivation for achieving specific goals. Incentives are an effective way to motivate people and achieve desired results.
This can result in employees striving to outperform each other in order to receive higher rewards. It can also create a sense of team spirit as employees work together to achieve shared objectives.
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The financial markets are a relatively new technological development created in the last 50 years.
Answer:
False
Explanation:
Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.
Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.
Required-: JOURNAL ENTRY
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque
please help Me with this.
I'm still confused in it.
Explanation:
Given:
Paid 28,000 in full settlement
Explanation:
Books of (......LTD)
Journal entries
Particular Debit Credit
Sansee stores A/C DR. 30,000
To Discount A/C CR 2,000
To Bank A/C CR 28,000
How is cost of attendance (COA) determined at an institute of higher education?
It's based on tuition so it is calculated from the number of classes you enroll in.
It is the cost of tuition plus taxes.
It is an estimate of tuition fees, room and board, books, supplies and other expenses.
It combines financial aid, what your family can pay, plus tuition and room and board.
Answer:
Option C, It is an estimate of tuition fees, room and board, books, supplies and other expenses.
Explanation:
Cost of attendance attendance is the total cos incurred on an individual during an entire academic year by the institute. An institute take into account cost incurred on the following for determining COA-
a) tuition and fees
b) books and supplies
c) College infrastructure cost inclusive of room and board
d) transportation
e) scholarship etc.
Hence, option C is correct
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Question 9 of 10
3 Points
Suppose a merchant in a moneyless economy traded his goods for a large
amount of purple fabric. He intended to use the fabric to trade for other
goods in another location. While he traveled to the other marketplace,
however, a trade ship arrived with a large shipment of purple fabric. As a
result, the merchant was only able to trade his fabric for about half of what he
had expected it to be worth in return. This situation illustrates the need for
what aspect of the purpose of money?
A. Preservation of value
B. Unit of measure
C.Ease of exchange
D.Government endorsement
I NEED HELP PLEASE!!
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
Answer:
A) Preservation of value!
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
Define the term unemployment and explain the relationship between unemployment and crime
Answer:
The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.
an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality
Explanation:
hope it helps️️
A reduction in a provision for doubtful debts is recorded by
Answer:
A business typically estimates the amount of bad debt based on historical experience
Explanation:
suppose that a credit card holder with card-related rental car insurance is driving the rental just outside of denver, colorado when a severe hail storm occurs, causing serious damage to the car. which portion of the card-related rental car insurance might cover damage to the car resulting from hail?a
Comprehensive portion of the card-related rental car insurance might cover damage to the car resulting from hail .
Comprehensive insurance provides coverage for both repair and replacement costs. Third-party liabilities, damage from an accident, fire, natural disaster, theft, etc. are often covered by comprehensive automobile insurance. Any damage to an automobile, excluding damage from a collision, is covered by comprehensive auto insurance. This covers environmental dangers like deer collisions and falls. Comprehensive coverage, like other types of vehicle insurance, covers a portion of the loss if your automobile is damaged. The "deductible" is a portion of the price that the car owner will also be responsible for paying. Repairs or the purchase of a new car may be covered by the insurance payout. An substantial automobile insurance policy known as "compact vehicle insurance" protects the insured against both their own damages and any third-party liabilities.
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a small network is bigger than a large network.
Answer:
false
Explanation:
From a business standpoint, I can say that this statement is false. A larger network is bigger and more efficient because it generates more leads and opens more opportunities. By having a larger network you connect with individual's who are know others that may not be in your network and may be strategically positioned to provide you with information, help or even opportunities that you would not have had if your network was small.
Research in neuroeconomics has found that the function of the _________________ may be to deal with the cognitive demands of a given task, while the _________________ is responsible for handling emotional goals such as resenting an unfair outcome. a. prefrontal cortex; insula b. striate nucleus; locus coeruleus c. basal ganglia; corpus callosum d. diencephalon; putamen
Answer:
a. prefrontal cortex; insula
Explanation:
Neuroeconomics applies neuroscience methodology to economic theory. It combines economics, neuroscience and psychology together.
Neuroeconomics analyses the brain before, during and after making economic decisions. It aims to find out what happens in the brain when an economic decision is being made.
The three branches of neuroeconomics are :
intertemporal choicesocial decision-makingdecision-making under risk and uncertainty.Bailey enjoys working with her hands. She wants to choose a career path that would allow her to create things. Which career would be best for
her?
O A. zoologist
O B. greenhouse nursery worker
O C. energy auditor
O D.
civil engineer
• E. jeweler and metal worker
Answer:
Jewerly and metal worker.
Explanation:
If you want to create thing with your hands and allowing her to create things a jewlery worker and a metal worker is the best for making stuff out of your imagination.
Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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what is the full meaning of "SWOT"
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Strengths, Weaknesses, Opportunities, and Threats analysis
review the following statements and select the ones that are correct regarding sorting accounts from the adjusted trial balance columns of a work sheet to the income statement and balance sheet columns in order to prepare for our last step of completing the worksheet. (check all that apply.)
To prepare for the final step of completing the worksheet, we need to sort accounts from the adjusted trial balance columns to the income statement and balance sheet columns.
1. Accounts that contribute to revenue should be transferred to the income statement column.
2. Accounts that contribute to expenses should also be transferred to the income statement column.
3. Accounts that represent assets should be transferred to the balance sheet column.
4. Accounts that represent liabilities should also be transferred to the balance sheet column.
When preparing a worksheet, the adjusted trial balance is used as a starting point. Sorting accounts to the income statement and balance sheet columns helps organize and summarize the financial information. Accounts that contribute to revenue, such as sales or service revenue, should be transferred to the income statement column. This allows us to calculate the net income or loss.
Expenses, like salaries, rent, or utilities, should also be transferred to the income statement column. These accounts reduce the revenue and affect the net income or loss.
This shows the company's obligations. Sorting accounts correctly ensures that the income statement reflects the revenue and expenses, and the balance sheet reflects the assets and liabilities accurately.
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(20 points)
“The cost of goods sold or cost of services sold is the combination of variable costs necessary to make a product or provide a service.”
True
False
Answer:
true
Explanation:
the answer is true
The cost of goods sold or cost of services sold is the combination of variable costs necessary to make a product or provide a service.”
True, the cost of goods sold or cost of services sold is the combination of variable costs necessary to make a product or provide a service. Thus option (A) is correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
The cost can be a fixed cost like the lease of a building which will not vary every month or can be a variable cost like the telephone cost which can vary every month.
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When you miss payments on a loan, creditors:
A. can charge excessively high interest on other customers to make
up the difference.
B. must accept the loss as simply part of doing business.
C. have the right to take measures to get their money back.
D. must declare bankruptcy on the loan, which damages their credit
score.
Answer:
C.
Explanation:
It's obviously not A, because that would lead to a corrupt society. It's not B either, because no one would pay if that were a policy, and it wouldn't be any different than giving out money for free.
C is correct. If a debtor misses payments on a loan, the creditor has the right to transfer the amount due plus interest to the next given payment. The next given payment will cost the debtor the amount due previously, plus interest (for being late), and the amount due that month.
For example, a debtor makes monthly payments of $1,000 to their creditor. If the debtor misses this month's payment (which equates to $1,000), the creditor has the right to move the amount due plus interest to next January.
Generally speaking, interest should be around 10% annually and broken down into monthly charges. So the annual interest rate would be $100, which makes the monthly interest rate $8.33. Next January, the debtor would pay the amount due previously ($1,000), plus interest ($8.33), and the amount due that month ($1,000).
The debtor will need to pay $2008.33 in January.
A lot of people might mistake D as the correct answer, but creditors don't have to declare bankruptcy.
The correct option is C. When you miss payments on a loan, creditors have the right to take measures to get their money back. Normally, the creditor will get in touch with you and let the credit bureaus know about the default.
Who is a creditor?A creditor is a company that extends credit, allowing another company to borrow money that will eventually be repaid. A company that offers goods or services but does not request payment upfront is also considered a creditor because the customer owes the company money for work already completed.
A creditor has a range of alternatives available to it to induce payment if you miss a payment or are unable to pay a debt, including using collection firms. Inability to pay a debt can still have negative effects, such as ruined credit scores and lawsuits, even though debtor's prison is a thing of the past.
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1.
In 2016, a market had sales of £350.000. In 2017, the market grew by 5%.
Calculate the new market size in sales value.
Answer:
The new market size in sales value is 367,500
Explanation:
Answer:
£367,500
Explanation:
the market was £350,000 in 2016.
in 2017, the market grew by 5%.
the new market size will 5% more than 2016.
if 2016 was 100%, 2017 will be 105%
2017 = 105% x £350,000
=105/100 x £350,000
=1.05 x £350,000
=£367,500
Several theories try to account for the existence of the informal sector: a legalistic/libertarian approach, a structuralist approach, and a survivalist approach. Give a one-sentence overview of each. Why does understanding each theory matter?
By considering the legalistic/libertarian, structuralist, and survivalist perspectives, a more comprehensive understanding of the informal sector can be developed.
The legalistic/libertarian approach posits that the informal sector exists due to excessive government regulation and intervention, which drives individuals and businesses to operate informally to avoid bureaucratic constraints.
The structuralist approach asserts that the informal sector is a result of structural issues within the economy, such as income inequality, underemployment, and limited opportunities for formal employment.
Lastly, the survivalist approach suggests that the informal sector exists as a means for individuals to make a living and meet their basic needs when formal employment opportunities are scarce or unavailable.
Understanding each theory matters because it enables policymakers and stakeholders to address the root causes of the informal sector's existence and develop appropriate strategies to reduce its negative effects, such as tax evasion and labor exploitation, while fostering the positive aspects, like entrepreneurship and self-reliance.
By considering the legalistic/libertarian, structuralist, and survivalist perspectives, a more comprehensive understanding of the informal sector can be developed, ultimately leading to better-informed policy decisions and interventions.
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After submitting a résumé electronically, how long should you wait before following up with an employer? a. 1-2 days b. 1-2 weeks c. 2-3 days d. 4-5 days Please select the best answer from the choices provided A B C D.
A resume is brief information of a person’s education, previous experience, and qualifications to send along with job application. After the submission of the resume by the person through the mail, he should hold for at least 1 week before following up with the employer.
Submitting a résumé electronically
Correct option is C.
People should you wait for at least "2-3 days" before following up with an employer.
After submitting a resume by mail, you should wait one week before following up with an employer. It is necessary to give ample time for the resume to make it in the mail and a chance for the company or individual to review your resume. It typically takes 2-3 business days for an item to travel by mail so calling 1 day later or 2-3 is likely too soon whereas, 2 weeks may be too long.Learn more about résumé, refer to the link:
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Answer:
The correct answer will be c
Explanation:
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There is a specialty store that you like to go to when you are craving jelly beans. The price is reasonable at $1.30 per pound. The store is a bit of a distance away and you could purchase the same jelly beans at your neighborhood supermarket, but the cost is a little more at $2.10 per pound. You spend about $3 on gas every time you go to the specialty store. How do you know if you are getting enough of the jelly beans to make the trip worthwhile? What two equations would you use to determine your break-even point? (Let C stand for the total cost and x represent the amount of jelly beans.)
Answer:
-You know if you are getting enough of the jelly beans to make the trip worthwhile when the amount you purchased makes the total cost at the specialty store lower than the total cost at the supermarket and this is when you purchase more than 3.75 pounds of jelly beans.
-The two equations would be:
C=1.30x+3
C=2.10x
Explanation:
From the information given, the total cost at the specialty store would be the result of multiplying the price per pound for the number of pounds plus the amount you spend in gas everytime you go there, which is:
C=1.30x+3
Also, the total cost at your neighborhood supermarket would be the result of multiplying the price per pound for the number of pounds:
C=2.10x
Now, you can say that the price at the specialty store is equal to the price at the supermarket and solve for x to find the amount of jelly beans that would make the total cost at both places the same which would be the break-even point:
1.30x+3=2.10x
3=2.10x-1.30x
3=0.8x
x=3/0.8
x=3.75
You know if you are getting enough of the jelly beans to make the trip worthwhile when the amount you purchased makes the total cost at the specialty store lower than the total cost at the supermarket and this is when you purchase more than 3.75 pounds of jelly beans. Also, the two equations would be:
C=1.30x+3
C=2.10x
This graph shows the marginal cost of producing each additional pair of running shoe inserts.
Based on the graph, which pair of shoes has a marginal cost of $3.00?
Pair 2
Pair 4
Pair 6
Pair 7
Answer:C
Explanation:
Answer:
Pair 6 or Answer: C
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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please help me ive been stuck on this problem :( ((update i solved it))
The return on equity that Pam would have is going to be 10 percent.
What is meant by Return on Equity?Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.
A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.
The formula is given as
net income / shareholders equity * 100
= 100 / 1000 * 100
= 0.1 * 100
= 10%
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Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
help help help help help help help help help
Answer:
hope it helped you
Explanation:
A niche is the role a species plays in the ecosystem. In other words, a niche is how an organism “makes a living.” A niche will include the organism's role in the flow of energy through the ecosystem. ... An organism's niche also includes how the organism interacts with other organisms, and its role in recycling nutrients.
Answer:
The answer is D, or "News reporting devoted to a targeted portion of a journalism market sector".
Explanation:
Many news companies try finding ways to increase their relevance and revenue sources. This presents a marketable opportunity for publishers to create niche content that individuals cannot find elsewhere.
What factor reflects the ‘cost of money’? The ‘cost of money’ is reflected in the