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What is the business definition for profit loss statement?
The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.
What approach to the income statement organizes costs by function?
traditional approach
What are cost that flow directly to the current income statement called?
period costs
If non-traceable costs are not allocated to the various operating units within an organization who ends up paying these costs?
The organization would end up incurring the costs unless that organization has an allocated percentage within their contribution margin to cover such costs.
Where can I find a profit loss statement?
A profit loss statement is a statement that summarizes costs, expenses, and revenues. Microsoft office has a downloadable profit loss statement template. The link to this template is http://office.microsoft.com/en-us/templates/profit-and-loss-statement-TC001115484.aspx
What is the business definition for profit loss statement?
The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.
Which term refers to a state paying part of the costs of a college education for resident students?
Appropriate
What term refers to a state paying part of the costs of a college education for resident?
In-state tuition.
What term refers to a state paying part of the costs of a college education for resident students?
c. subsidize
What best explains why minimizing costs is a rational way to make decisions?
paying a cost means doing without something good or accepting something bad
What accurately explains how profit is calculated?
Costs are subtracted from revenues.
The traditional income statement organizes costs on the basis of cost behavior?
The traditional income statement organizes costs on the basis of cost behavior
What is a bill of costs?
A bill of costs is a statement of the items which form the total amount of the costs of a party to a suit or action.
What is a medical itemized statement?
It is a statement showing all costs from the smallest to largest items.
Where online can one find information on mortgages with no closing costs?
Bank Rate is a website that explains the different ways a consumer can get a mortgage with no closing costs. This site explains the benefits and the problems with getting this type of mortgage.
What should I know before enrolling in a cooking school?
You want to do an analysis of the costs and benefits. If you're paying a lot of money for tuition you need to make sure that you'll be able to benefit from getting the education. So you want to know if their graduates are able to get good paying jobs.
Which of the following best explains why minimizing costs is a rational way to make decisions?
Paying a cost means doing without something good or accepting something badPaying a cost means doing without something good or accepting something bad.
