BUSINESS HIGH SCHOOL

In a private company’s accounting system, inputs are what?

Answers

Answer 1
Answer: In a private company's accounting system, inputs are the information, raw materials, or energy you 'put in' the system to get a certain desired or wanted outcome or output. For example, raw materials are inputted to factories to be processed to make a finished product.

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The following information is available for Sweden Company for its most recent year:Net sales $1,800,000Freight-in 45,000Purchase discounts 25,000Ending inventory 120,000The gross margin is 40% of net sales. What is the cost of goods available for sale?A $1,200,000B $1,220,000C $960,000D $840,000
Expansionary policies are intended to _____ economic growth, and contractionary policies are intended to _____ economic growth.
Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.
Which field of economics deals primarily with the problems faced by​ low-income countries?

Mass production and the concept of interchangeable parts prompted greater development during the Industrial Revolution. a. True
b. False

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The right answer for the question that is being asked and shown above is that: "TRUE." Mass production and the concept of interchangeable parts prompted greater development during the Industrial Revolution.

. The best starting point to developing a presentation is to _____. establish why the presentation is needed analyze the intended audience decide what to include in the presentation gather information

Answers

The answer would be : Establish why the presentation is needed.

Whether it's to attract investor or for simply give an information, you can decide what should you put on your investor , after you determine what do you want to get from your presentation. If you want to attract investors, you should probably filled it with future cash projection. If you want to give an information about your company, filled it with your company's vision and mission

In a command economy, which group is most responsible for producing thegoods people in society need?
A. Family members
B. Government agencies
C. Private businesses
D. International corporations

Answers

(B) Government agencies.

Command economy (Planned economy):

  • In a planned economy, production, allocation of capital goods, and investment all occur in accordance with broad-scale production and economic plans.
  • Centralized, decentralized, participative, or Soviet-style economic planning are all possible in a planned economy.
  • Depending on the precise kind of planning mechanism used, the degree of centralization or decentralization in decision-making and involvement will vary.
  • Central planning has been utilized in socialist regimes built on the Soviet model, however, some, like the former Socialist Federal Republic of Yugoslavia, have embraced some kind of market socialism.
  • The direct calculation is substituted for factor markets in market abolitionist socialism as a means of coordinating the operations of the multiple socially owned economic firms that comprise the economy.

Therefore, the correct answer is (B) Government agencies.

Know more about the planned economy here:

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Answer:

Government agencies

Explanation:

In a command economy, the government controls major aspects of economic production. The government decides the means of production and owns the industries that produce goods and services for the public. The government prices and produces goods and services that it thinks benefits the people.

Which type of credit is usually used for cars, mortgages, and student loans? consumption credit installment credit secured credit cards service credit

Answers

For Cars and Home mortgages usually we can see that Secured credit is used. But for Student LoansUnsecured credit is used.

What is secured credit and what is unsecured credit?

  • Secured Credit is when Credit is given by the Lender in exchange of valuable asset is given by the Colletral or the borrower.
  • Unsecured credit is when the credit is not guarenteed by the borrower or the colletral. In this there is no credit that has to be put , like any deposite, to get it aproved.

For more information on Credit refer:

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This looks like a trick question.  Homes and Automobiles are Secured Credit, as the contract provides an avenue for remedy (if you don't pay they will take it back).  However, Student Loans are unsecured credit.  They will all be paid off in "installments" or payments.  That's about all I got...

When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger. or a. True
b. False
Gross sales less sales returns and allowances and sales discounts equal net sales.

Answers

The right answer for the question that is being asked and shown above is that: "TRUE."When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger.

The plans that establish the long-range objectives and overall strategy of the firm and cover time periods of one year or longer are called?A)tactical

B)operational

C)mission

D)strategic

Answers

The plans that establish the long-range objectives and overall strategy of the firm and cover time periods of one year or longer are called:

D) Strategic
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