The resources owned by the business is called?

Q: “Managers are stewards of the company’s assets.” Discuss what this means.

A: Definition: Internal control: Internal control is a process which ensures continuous reliability of…

Q: What is matching principle and give example of business situation of it

A: Accounting is a process which is followed by complying with various accounting principles. One of…

Q: Managerial accounting is a field of accounting that provides economic information for all interested…

A: Managerial accounting can be defined as a process under which information is identified, analyzed,…

Q: What is accounting's role in a company?

A: The companies are run by the stakeholders' to earn the profits. The company hires the employees to…

Q: Describe the earning power of a company.

A: Earnings power of a firm: It could be a metric that transmits the capacity of a company to create a…

Q: Explain the contemporary business environment and how it has influenced costmanagement.

A: The business environment that is extremely competitive and creates a performance pressure on the…

Q: Accounting function definition in a firm. Whence comes the function, and why is it required? What…

A: Accounting is the systematic and detailed documentation of a company's financial transactions in a…

Q: Discuss the motives for business combinations.

A: A business combination is a combination of two independent firms in which one business acquires…

Q: The value created by a business is created by its assets. True or False?

A: Assets are used to generate revenue. So when the revenue generated by the use of assets is greater…

Q: Is the value chain in a managerial accounting a tool that primarily assists in the valuation of…

A:

Q: is the process which provides information needed as a basis of making business decisions.

A: History of accounting the city of commerce is California.

Q: What is meant by company and essential characteristics of a company?

A: Company: The form of business entity, which is incorporated by state law into a separate legal…

Q: Under what conditions must an enterprise provide information about products and services?

A: If operating segments of an enterprise have not been determined based on Differences in products and…

Q: Why is it important to identify the correct form of organization in a business?

A: Every entity has to setup some particular form of organisation in order to run business and doing…

Q: The resources of value owned by a business are called _____________. Group of answer choices…

A: Business means the activity or occupation that is done to earn the revenues.

Q: How stable are the company’s operations?

A: The cash flow statement is a record of the use and source of cash available for the firm during a…

Q: e why it might be used to value a business.

A: Business valuation is a process for determining the value of the business. It is very important to…

Q: For example, how does understanding profit and loss impact your perspective on operating a company?

A: Knowledge of profit and loss while operating a company is critical to the success of the enterprise.

Q: What is the importance of business valuation in the business?

A: Valuations are pivotal when it comes to achieving the objectives and understanding the value of the…

Q: how to exploit the connection between the business cycle and industry analysis?

A: A business cycle can be referred to as an economic cycle of expansion and contraction over a period…

Q: What does this mean for a company?

A: Current ratio is the ratio that measures a company's ability to pay its short term debt obligations…

Q: How can we Evaluate Business and Engineering Assets?

A: Evaluation of Business and engineering asset can be done with the help of the below analysis:…

Q: Explain how useful income based valuation in a business.

A: In income based valuation approach the company future value of the business can be estimated in…

Q: What are the various forms of business organization? What are the advantages and disadvantages of…

A:

Q: Assets are _________________________. Resources owned by suppliers of the business Resources owned…

A: Every business needs funds and other things to run business smoothly. Funds can be in the form of…

Q: How many steps are there within the Business Operation Cycle

A: This operating cycle is necessary to estimate the working capital of the company. Working capital is…

Q: these are economic resources owned by the business expected for future gain. They are property and…

A: Answer) The correct answer in the given question is: Assets

Q: What are the different types of business organization?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: What is the dominant form of business organization, in terms of the ownership of productive…

A: Corporation: The form of business entity ,which is incorporated by state law into a separate legal…

Q: Why is the accounting cycle critical to a business's success? (examples of why certain actions are…

A: Answer: Accounting cycle can be defined as the whole procedure that is run for any business to…

Q: What is a business process and what role does it play in an organization?

A: The question is based on the concept of business accounting.

Q: What is cost principle and give example of business situation of it

A: The cost principle is an accounting principle that requires assets, liabilities, and equity…

Q: is the segment of activity of a business which is responsible for both revenue and expenses. a.…

A: The segment which is responsible for revenue and expenses is the profit center but it is not…

Q: how important does the owner /manager believe cost information is the success of the business?

A: Cost accounting is an accounting system which provides information about all the costs incurred in…

Q: The cost of business is also known as

A: Cost of business is the cost that is involved in the business process of the company.

Q: What are the two essential indicators of a business?

A: The question is based on the concept of indicators of a business. Setting and investigating…

Q: Explain the internal business process perspective.

A: The internal business process perspective.

Q: If a firm's expenses equal or exceed its revenue, what actions might management take?

A: Expenses are the costs or amounts that are incurred by an entity for meeting up the daily needs of…

Q: Explain the importance to understanding the business operation flow.

A: Definition:   Business: Business can be defined as a work that includes exchange or production of…

Q: What is the relationship between the value chain and management accounting?

A: Managerial accounting refers to the practice of recognizing, estimating, breaking down, deciphering,…

Q: What makes up the Financial Structure of a business?

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: Which of the following gives the basic factors of business operations of which their…

A: Cost volume profit relationship in the business says that there is a relationship exists between…

Q: 1. It pertains to resources which are controlled and owned by the business. a. Assets c. Equity d.…

A: As we answer only one question, I am answering the first one. Please resubmit the questions…

Q: What is the business segment? Give some examples.

A: Business segment: A Business segment is a recognizable part of the company for which financial…