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In accounting, depreciation is an allocation of a previous expenditure, while in economics depreciation represents a decline in current value.
(A)inadequate manpower in the economy(b)low level of production(c)low per capital income(d)increase in government expenditure
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An accounting clerk earns an average salary of $35,000 per year. However, if working for the postal service, an accounting clerk can earn an average of $60,000 per year.
How much money do accounting clerks make?
A contractionary fiscal policy refers to government measures to reduce its expenditure in order to close the inflationary gap. The government reduces the money in supply by effecting tax increases.
Earnings per share.
According to the Bureau of Labor Statistics, mean compensation for accounting clerks is $16.36 per hour or $34,030 per annum. Annual Survey Data from Robert Half suggests accounting clerks earn between $28,500 and $38,000 per year.
Headline earnings per share is proclaimed to be a more maintainable measure of a companies earnings. It achieves this by altering the original earnings per share of the company to remove much of the capital income and expenditure and focussing more on the income and expediture as a result of trading. Although still malleable through creative accounting many analysts hail it as a more robust and comparable figure than the existing earnings per share figure.
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
A Credit Crunch is a situation where the government is running short of cash to meet its requirements. Let me explain with a simple example: Assuming person A earns an income of $2500 per month. He has to pay a rent of $750, has to buy groceries for $750, gasoline and car expenditure runs to $500, children's school fees of $500 and has to pay his mortgage loan of $1000 per month. His expenditure for a month adds up to $3500 but his salary is only $2500. Now Mr. A is in a credit crunch. He doesn't have enough money to spend on what he has to spend.
The average salary for an accounting firm partner is about $179,348 per year. Accounting firm partners have compliance and management responsibilities.