Why accountants important?

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Answer 1

Answer: The last reason that accounting is a business necessity is because the government requires reporting financial data to the IRS for tax purposes. It's very important that the dollar amount reported for both income and expenses be accurate.

Related Questions

Chung manages his employees by carefully monitoring their production, comparing what they do to predicted schedules and desired budgets. Chung can best be described as a ________ leader. A. servant B. task-oriented C. transformational D. relationship-oriented E. charismatic
Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. this is an example of ________.
A corporate manager chafes under red tape and bureaucratic regulations until finally deciding to start a separate business. The apparent reward he seeks is _________.a. the satisfaction of working with people. b. a satisfying way of life. c. community service. d. independence.
The manager's most important food safety responsibility is training you to:
Closing entries and a post-closing trial balance are steps in the accounting cycle that occur

Every company strives to keep _________ brand positive. her his its their

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Every company strives to keep their brand positive.

Which strategy did companies use to stop strikes from growing?

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The best strategy companies should do to stop labor strikes is to follow what the strike wants: pay raise, more benefits, and many more.

The performance of a bank that continually concentrates in short-term deposits in euros and adjustable rate dollar loans with equal-rate sensitivity is:___________a) unaffected if euro interest rates increase and US rates decrease
b) unaffected is US interest rates increase and euro interest rates decrease
c) adversely affected if European interest rates increase and US rates decrease
d) adversely affect if US interest rates increase and euro rates decrease
e) A and B

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Answer:

Search it for the best answer

Answer:

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To enter markets where superior profits are possible, an MNC should do which of the following? a. establish a subsidiary or acquire a competitor in a new market. b. acquire a competitor that has controlled its local market. c. establish a subsidiary in a market where tougher trade restrictions will adversely affect the firm's export volume. d. establish subsidiaries in markets whose business cycles differ from those where existing subsidiaries are based.

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Answer:

a. establish a subsidiary or acquire a competitor in a new market

Explanation:

In the market where superior profits are possible to be generated, MNC should establish its subsidiary or acquire competitor. This is because in the home market, it has already been saturated or the competition is intense. so that need to penetrate into new market to seek for potential demand. So that MNC can choose either setting up subsidiary or acquiring competitors to achieve the objectives of different sources of demand available to exploit.

What are the board directors in charge of

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Answer:

The board of directors is elected to represent shareholders' interests

Explanation:

Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation. hope this helps you :)

All of the following are examples of a SMART goal EXCEPT: a. Increase year over year traffic by 30%.
b. Significantly reduce the amount of time the team spends on creating content.
c. Add five new content formats to the website by end of year.
d. All of the above are SMART goals.

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the answer is d all of the above

Other Questions

The 1040EZ is the _____. shortest and simplest tax return formmost complicated tax return formform the IRS sends with your tax refundform used to report profits from sales

Before your first day of work, it is a good idea to _____.a. Ask your boss for a vacation b. Maintain a rotten mood c. Drive to work to see how long it takes d. Complain about your starting salary

How is the labor market like other markets?

in 1994, if the price of wheat has risen above the price floor set by the u.s. government, then _____.