Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out. What might happen to a business if they did not have an accountant?

Answers

Answer 1

Answer:

Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.

-Hope i helped :D


Related Questions

An awareness of one's own culture and the recognition that differences in others can cause anxiety, frustration, and misunderstanding of the host's intentions is essential to effective

Answers

Answer:

adaptation

Explanation:

Adaptation is a term which when used in a business-related term is a term that describes the readiness of a firm to adapt to vital criteria in carrying out international trade and dealing in relation to the firm's culture and the understanding that the existence of distinctions in others can lead to a form of stress, frustration, and incomprehension of the host's ideas.

Hence, in this case, the correct answer is ADAPTATION


To pursue a career in business information management, you need a degree or certification in_____information system,or an
associate degree in IT, along with a certification in____

Answers

Answer:

To pursue a career in business information management, you need a degree or certification in management information system, or an associate degree in IT, along with a certification in strategic management.

Explanation: PLATOOOOO

To pursue a career in business information management, you need a degree or certification in management information system, or an associate degree in IT, along with a certification in strategic management.

What is strategic management?

Strategic management is the ongoing planning, monitoring, analysis, and evaluation of all requirements that a business needs to meet in order to achieve its goals and objectives. As a result of changes in the business environment, organizations will frequently need to review their success strategies.

Setting company goals, examining competitor behavior, reviewing internal organizational structure, assessing current strategies, and ensuring that strategies are executed throughout the company are all part of strategic management. There are two types of strategic management: prescriptive and descriptive.

Thus, it is IT and strategic management.

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Which of the following is the best definition of a bit?

A. A measure of computer graphics and sound

B. A physical signal that becomes a digital signal

C. single 1 or 0 in a digital signal

D. An electrical signal in a wire

Answers

Answer: A single 1 or 0 in a digital signal

A measure of computer graphics and sound is the best definition of a bit.

Which of the following is the best definition of bit?

A bit (binary digit) is the smallest unit of statistics that a laptop can system and keep. A bit is always in one in all two bodily states, just like an on/off light transfer. The state is represented by a single binary price, typically a zero or 1.

Which of the subsequent is the best definition of a modern-day laptop?

A pc is a device or tool that plays techniques, calculations, and operations based totally on commands furnished with the aid of a software or hardware program. It has the ability to simply accept facts (input), manner it, after which produce outputs.

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QUESTION 2 of 10: A product you carry has a shelf life of 90 days. You purchased it September 5. Is it still good December 31?
a) Yes
b)No

Answers

the answer is NO. there’s almost 17 weeks in between those dates and that’s 117 days

A product you carry has a shelf life of 90 days. You purchased it on September 5. The product is not good till December 31. Thus option B is correct.

What is a product?

A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.

In the given question the shelf life of the product is given as 90 days. The products purcahsed on  September 5, from September 5 adding 90 days will lead to December first week and the question it is asked about last week of December.

The gap between these weeks is more than 20 days so the product shelf life is expired on the first week so it will not be considered as good on  December 31.

Therefore, option B is appropriate.

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1. Imagine that you are considering expanding and diversifying your tech business into international

markets. Before you decide to make this shift in your company, you want to weigh the advantages

and disadvantages of international trade. Identify and analyze several advantages and several

disadvantages that you would consider and explore how international trade may impact the

decisions that you make for your business. Explain. Then discuss the impact of cultural and social

environments on global trade.

Answers

Answer:

A good way to determine if expanding the business into international trade is to use a tool to analyze the international enviroment.

The tool that can be used is PESTEL, which is an accronym for Political, Economical, Social, Technological, Enviromental, and Legal factors.

To complete a Pestel, the strategist of the company simply has to add the relevant factors related to the external enviroment in each one of the six cateogories.

Like this, the strategist can analyze the international enviroment, in order to determine whether it is advisable to expand the technological business or not.

Define principal, interest, & term

Answers

principal: first in order of importance; main.

interest: the state of wanting to know or learn about something or someone.

term: a word or phrase used to describe a thing or to express a concept, especially in a particular kind of language or branch of study.

Answer: the principal is the amount that you borrow from a leader . And the interest is extra money that goes to your Leander in exchange for giving you a loan .

Explain how productivity, demand, and availability/supply affect the values attached to money payments.

Answers

Answer:

The law of supply and demand is an economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.

There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be high, due to the company hyping and creating buzz for the car, most consumers are not willing to spend $200,000 for an auto. As a result, the sales of the new model quickly fall, creating an oversupply and driving down demand for the car. In response, the company reduces the price of the car to $150,000 to balance the supply and the demand for the car to reach an equilibrium price ultimately.

The law of supply and demand is an economic theory that explains how supply and demand interact and how this influences the pricing of products and services. When supply exceeds demand for an item or service, prices fall. This is a basic economic premise. Prices tend to rise when demand exceeds supply.

When demand is constant, the supply and prices of products and services have an inverse relationship. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services when supply for goods and services increases while demand remains constant.

When the supply of products and services falls while demand remains constant, prices increase to a higher equilibrium price and a reduced quantity of goods and services are produced.

• The demand for products and services has the same inverse relationship. When demand rises but supply stays constant, the increased demand results in a higher equilibrium price, and vice versa.

Supply and demand fluctuate until a price equilibrium is reached. Assume a premium vehicle manufacturer sets the price of their new model at $200,000.  

• While the initial demand for the car may be great due to the company's marketing efforts, most people are unwilling to spend $200,000 on a vehicle.  

• As a result, sales of the new model plummet, resulting in an oversupply and lower demand for the vehicle.

• As a result, the corporation lowers the price of the car to $150,000 in order to balance supply and demand for the vehicle and eventually establish an equilibrium price.

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Help me with this please.

Answers

I dont think its decision making so I think its the first one and the second one

Answer:

its customer service and desion making

Explanation:

hope it help btw i search it up and it said that so its right

Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.

Answers

Answer: A - expands the frontier on their production possibilities curves

Explanation:

It was correct when checked

Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.

What is business growth?

An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.

Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.

Hence, option A holds true regarding the business growth.

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How is it possible to have a large amount of assets but only modest net worth?

Answers

Answer:

one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth

It's possible that you spent more money on the assets than they were earning. To put it another way, some assets could have a low or negative net worth.

What is meant by assets?

An asset is a resource with economic value that a person, company, or nation owns or manages in the anticipation that it may one day be valuable. Assets are listed on a company's balance sheet. They are broken down into four groups: present, fixed, financial, and tangible.

In a nutshell, yes cash is the largest asset and a current asset on a company's balance sheet. Using cash, the most liquid asset type, is the simplest way to acquire other assets.

An asset is something or someone that is beneficial or helps a person or organization prosper. Our inventiveness is our greatest asset in the technology field. single-word noun.

Thus, It's possible that you spent more money on the assets than they were earning.

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The Future Lab Program, which is a part of Sony's investment in R&D, embraces an approach to technological R&D that emphasizes an open creative environment and direct lines of communication with society, with the end goal being to co-create new lifestyles and customer value. Does Sony create significant customer value? Does Sony create new lifestyles?

Answers

Answer:

Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.

nadia loves to make pottery and would like to open her own business. Is that a business idea or a business opportunity?

Answers

I would say business idea
It’s a business idea because she would like to (dream) in having her own business

how long does it take to be an immigration lawyer and what’s the average salary?

Answers

A mid-career Immigration Attorney / Lawyer with 5-9 years of experience earns an average total compensation of $81,780 based on 105 salaries. An experienced Immigration Attorney / Lawyer with 10-19 years of experience earns an average total compensation of $93,229 based on 78 salaries.
salary: 50k-150k (depends where)
time: and 10-15 years (also depends where)

Consistent with____recognition principle, companies record revenue at the time goods are provided to customers.

Answers

Answer:

Revenue

Explanation:

In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.

It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.

When will the new Stranger Things season come out?

Answers

Possibly somewhere in early 2021. According to netflix.

Answer:

Around March 2021

Explanation:

If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False

Answers

Answer:

b. False

Explanation:

The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also

Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value

Therefore the given statement is false

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and:__________
a. the rapid development of the Internet's capabilities.
b. extensive use of outsourcing within the borders of the United States.
c. the declining number of inventions and patents developed by U.S. citizens.
d. the simultaneous erosion of the U.S. work ethic and the U.S. education system.

Answers

Answer:

a. the rapid development of the Internet's capabilities.

Explanation:

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.

Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.

Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.

1. Explaining Why does a natural disaster (drought, flood) in an agricultural
region almost always result in higher prices for commodities and consumer
goods?

Answers

If natural disasters or flooding occur, there is not enough goods for everyone, so only those who are willing to pay more, or the rich, can buy the goods.

Governments most often regulate essential services like water treatment by:

Answers

Answer: setting up natural monopolies.

Explanation: on apex!!

Answer:

It is setting up natural monopolies, like the other person said.

Explanation:

In a small company's accounting department, the accounts receivable coordinator often takes the role of the ___.

Answers

Answer: B. credit and collection manager

Explanation:

In a small company, employees will typically have to act in more than one role but usually in roles that are related. As the Accounts Receivable coordinator, the closest role in the options would be that of Credit and Collection manager.

As Accounts receivable coordinator, the person is in charge of the accounts of those who owe the company so that there are no problems in payments, records or other errors and problems.

As Credit and Collection manager, their jobs will be similar as the credit and collection manager is in charge of evaluating potential debtors as well as following up on actual debtors to ensure that they pay what they owe the company.

Hospital services are provided by the government and paid for through taxation. People cannot always get the treatment they require because of long waiting lists. What is an example? A. external cost B. market system C. perfectly inelastic supply D. scarcity

Answers

Answer:

D: scarcity

Explanation:

Which is the main reason why IT professionals need to pursue continuing education and self-directed learning?
to obtain a formal degree
to develop a broad historical perspective
to meet legal training requirements
to maintain and improve professional skills

Answers

Answer:

B

Explanation:

Continuous professional development gives people the chance to improve their existing abilities and fill in any knowledge gaps, giving them an advantage in situations where they might need it, like a job interview.

Thus, Option D is correct.

What does professional development serve as?

To support individual, school-wide, and district-wide improvements for the objective of raising student achievement, professional development aims to enhance knowledge and abilities. Federal and state mandates place a constant increase in demands on educators.

The rules and expectations for all public schools across the nation have drastically changed as a result of the federal No Child Left Behind legislation. One of the numerous modifications is the requirement that all professional development be directed on raising student accomplishment.

Therefore, professional development typically entails teachers expanding their knowledge of instructional strategies or extending their comprehension of academic content.

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2. An organization's products and services are the driving force in accomplishing
its purpose.
A. True
B. False

Answers

I believe the answer is B. False


You earn a salary of $52,000 per year and get paid biweekly. Calculate
how much GROSS PAY you will earn for one paycheck.

Answers

Answer:

$2,166.60

Explanation:

Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.

If you find yourself part of a team at work , what is the best way to behave during a team meeting ?

Answers

Answer:

there was no multiple choice but i took the test the answer is stay focused on the topic and make your contributions are relevant

Explanation:

Answer: Stay focused on the topic and make sure your contributions are relevant

Explanation: APEX

In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in recording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:

Answers

Answer:

$207,700

Explanation:

Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700

Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700

In your opinion, why do you think employers consider dependability such an important
character trait? Explain your answer.

Answers

Answer:

I think employers consider dependability as such an important trait becuase If you dont have a dependable employee, then you will have to hope thibgs get done or that they even show up. Another reason is that if there is something ver very important involving them, you would want to make sure you can rely and count on them.

Explanation:

Hope this helped :) plz mark brainliest.

Which one of the following products would tend to have inelastic demand?
A) luxury sedans
B) candy
C) crude oil
D) Black Angus T-bone steak

Answers

Answer:

C) crude oil

Explanation:

Crude oil and its byproducts (gasoline, plastic, etc.) have a very inelastic demand, e.g. the price elasticity of gasoline is between -0.02 and -0.04.

On the other hand, luxury goods have a very elastic demand, totally opposite to oil. The same applies for the demand of candies. While the demand for beef tends to be unit price elastic (or near it).

A disadvantage of corporations is that corporation stockholders are more exposed to personal liabilities in the event of bankruptcy than are investors in a typical partnership.
A. True
B. False

Answers

Answer:

FALSE

Explanation:

Corporation of stockholders in finance could be group or a person that is a owner of a share of stock or more share of stock in one corporation or the other and it should be a legal deal. These could be a private or public corporation.

It should be noted that one of the advantage of corporation stockholders is that they are not exposed to any personal liabilities in case bankruptcy came up as partnership is concerned.

Therefore, in the case of the disadvantages stated in the question about corporation stockholders is "False"

can you ask the owner of brainly if he could give me $100,000 this is not a prank

Answers

Answer:

Im pretty sure they can't do that

Explanation:

Because its a learning app not a money making app.

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