An important difference between accounting and other 4 functions, such as marketing and management, is that

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Answer 1

Answer: Well, since there's no options

Accounting : providing information regarding all financial aspects in the company

Marketing : determining kinds strategies to introduce company's products to the market

Management : Organizing all part of the company in order to reach company's goal

Related Questions

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The accounting procedures for sole proprietorships are the same as for partnerships except A. that the asset section includes more than one cash account. B. for the liability section. C. for the revenue section. D. that the capital section is now divided per the number of partners.
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Why is technology a challenge to skills management ?How can businesses selling the same goods/services eliminate competition ?

There are ______ advertising-mix factors: Options Four Five Six Two

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There are six advertising-mix factors.

In the u.s. free enterprise system one of the primary roles of the government is to: ___________

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In the US free enterprise system one of the primary roles of the government is to ensure the safety of products through regulation.

Why is it important the safety of the product?

A product's lack of safety can result in severe, frequently fatal injuries. Injuries such as fractured bones, lacerations, amputations, choking risks, strangling, and more may result from this. Because of this, producers must take steps to safeguard customers by assuring the safety of every product.

Many products are created and developed to reduce or eliminate human mistakes. A safety belt that is designed to make it impossible to put it on incorrectly is an excellent illustration of this. A safe product is one that carries no danger or only a little amount of risk that is acceptable.

To learn more about safety of products, visit:

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Robert Fulton's invention of the _____ greatly increased trade and provided for faster shipping of goods.

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Robert Fulton's invention of the STEAMBOAT greatly increased trade and provided for faster shipping of goods.

In 1807, Robert Fulton launched the first steamboat. He name it the Clermont. It travels at a speed of 5 miles per hour.

The answer to this question is STEAMBOAT

Link between economic wants and preferences

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Economic wants are the products and goods that people need and want; if they had unlimited purchasing power, they would want to obtain all of them.

In contrast economic preferences are compared to something, so while you might prefer one thing to another, you might not necessarily need it, or you might even need and want both of them!

Eve earns $68,000 per year as a lecturer. Each year, she spends $36,000. In addition, she gives $1,000 to charity and pays $16,000 in taxes. Of the money she has left, she saves $13,000 and invests $2,000 in the stock market. Calculate her personal savings rate. Round to the nearest whole percentage point.

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Answer:

Her personal savings rate is 25%

Explanation:

The formula to compute the personal saving rate is shown below:

= (Earning amount ÷ Net income amount)

where,

Earning amount or saving amount is $68,000

And, the net income or current income equal to

= Earnings - taxes

= $68,000 - $16,000

= $52,000

Now put these values to the above formula

So, the value would equal to

= $13,000 ÷ $52,000

= 0.25 or 25%

You won a free ticket to see an Eric Clapton concert (which has no resale value). Bob Dylan is performing on the same night and is your most attractive alternative. Tickets to see Dylan cost $50. On any given day, you would be willing to pay up to $70 to be at a Bob Dylan concert. Assume there are no other costs of seeing either performer. What is the opportunity cost of seeing Eric Clapton?

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Answer:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

The opportunity cost of seeing Eric Clapton is the enjoyment that he gets from the Bob Dylan concert and $20 that is the difference between actual ticket price and willing to pay for it.