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For the Army, real property is not classified for accounting purposes. All Army property, except real property, is classified as expendable, nonexpendable, or durable
Units-of-production method.
Basically, cost accounting is an area of accounting that measures, records & reports the product cost. It is important or necessary generally for 2 purposes. 1. determine cost. 2. control cost.
The purpose of accounting information is to provide financial data that will serve as a basis for future decisions. This information is commonly used by business owners and shareholders.
They are not, so the question is misguided. Decimals are good for some purposes, percentages for others.They are not, so the question is misguided. Decimals are good for some purposes, percentages for others.They are not, so the question is misguided. Decimals are good for some purposes, percentages for others.They are not, so the question is misguided. Decimals are good for some purposes, percentages for others.
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For the Army, real property is not classified for accounting purposes. All Army property, except real property, is classified as expendable, nonexpendable, or durable
Percentages are easier for some purposes, harder for other.
Dividend is a share of the after-tax profit of a company, distributed to its shareholders according to the number and class of shares held by them. Smaller companies typically distribute dividends at the end of an accounting year, whereas larger, publicly held companies usually distribute it every quarter. The amount and timing of the dividend is decided by the board of directors, who also determine whether it is paid out of current earnings or the past earnings kept as reserve. Holders of preferred stock receive dividend at a fixed rate and are paid first. Holders of ordinary shares are entitled to receive any amount of dividend, based on the level of profit and the company's need for cash for expansion or other purposes. Refer to link below.
Units-of-production method.
QuickBooks sells financial software. Their software is used for small business accounting purposes as well as personal accounting purposes. QuickBooks Pro and QuickBooks Premier are two products that they offer.
An accounting system is used in bank for various purposes. The system will help in basic bookkeeping of the bank's accounts and reconcile all transactions among other accounting functions.
Basically, cost accounting is an area of accounting that measures, records & reports the product cost. It is important or necessary generally for 2 purposes. 1. determine cost. 2. control cost.
The purpose of accounting information is to provide financial data that will serve as a basis for future decisions. This information is commonly used by business owners and shareholders.
A certain portion of the profit which is distributed to the shareholders is called a dividend. The shareholders are the owners of the corporation. _____________________________________________________________________________________ A share of the after-tax profit of a company, distributed to its shareholders according to the number and class of shares held by them. Smaller companies typically distribute dividends at the end of an accounting year, whereas larger, publicly held companies usually distribute it every quarter. The amount and timing of the dividend is decided by the board of directors, who also determine whether it is paid out of current earnings or the past earnings kept as reserve. Holders of preferred stock receive dividend at a fixed rate and are paid first. Holders of ordinary shares are entitled to receive any amount of dividend, based on the level of profit and the company's need for cash for expansion or other purposes. Refer to link below for more details.
Finencial Accounting provides information to orgunisations in order for the orgunisation to make decisions.