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What is a role of accounting information in planning and control?
Accounting information primarily reveals two things, one the financial performance and two, the financial position. Every economic entity has certain objectives and the main objective of commercial entities is to make profit and increase the wealth. for attaining these objectives, a firm need to plan and control the activities in such a way to attain the objectives. Accounting Information reveals the performance and position periodically, enabling the management to plan and control the activities. Objectives of a business are long-term, which may take a time span of 3 to 5 years to achieve. Accounting information on the activities of business reveal the speed and direction in which the firm is moving. By altering the course of action a firm can regulate the performance of a business. By considering the achievement during a period, a firm can plan its actions for the forthcoming accounting periods.
What are the advantages and disadvantages of incremental budgeting?
Some of the advantages of incremental budgeting are that this type of budgeting is easy and quick. Some disadvantages of incremental budgeting are that different methods for achieving the objective may not be considered and if the budget is not fully spent it can be reduced during the next period.
What is the accounting objective which best relates to the LIFO method?
The accounting objective that best relates to the LIFO (Last In, First Out) method is the matching principle, which aims to match revenues with the expenses incurred to generate them within the same period. By using LIFO, companies can align their cost of goods sold (COGS) with the more recent costs of inventory, typically resulting in lower taxable income during periods of rising prices. This approach can also provide a more accurate reflection of current market conditions and inventory valuation on the balance sheet.
What are the budgetary processes in the Philippines?
The budgetary process has four phases namely:Budget preparation: the plan is used to determine expenditure and sectoral ceilings; to formulate the function/project activities; and to determine cost estimates;Budget and review: the plan is used to verify the consistency of the budget with approved activities, goals and objectives;Budget execution: the plan is the basis for determining the activities to be undertaken during the period; andBudget accountability: the plan sets the standards against which performance can be measuredSOURCE: Department of Budget and Management (DBM)
How do you calculate net cash by operating activities?
Net cash from operating activities is calculated using the cash flow statement, where you start with net income and adjust for non-cash items like depreciation and changes in working capital accounts (such as accounts receivable, inventory, and accounts payable). You can use either the direct method, which lists cash receipts and payments, or the indirect method, which adjusts net income for these non-cash items. The result gives you the net cash generated or used by operating activities during a specific period.
In what part of a story is the setting explained?
Expostition
When moving from a lower objective lens to a higher objective lens why does is the image lost?
Because during movement of lens there is no slide below objective .
Who requested an armistice during the conflict?
During the conflict, the losing side requested an armistice.
What was it like living in France during late 1800's-?
Living in France during the late 1800's can be likened to the typical life of a rural setting where agriculture is the main activity of the occupants.
When does the conflict of a fictional story usually present itself?
during the course of the storyUsually towards the begginging. However its your story and to make it unique and interesting follow whatever you want to do.! Good luck :)The conflict is what obstacles are standing in the character's way -- it takes place wherever you have set your story. Perhaps you are confusing conflict with setting?
Which military objective addressed in the NMS is characterized as being accomplished through military activities overseas planning and execution of homeland defense and support to civil authorities?
The military objective characterized by overseas planning and execution of homeland defense and support to civil authorities is known as "Protecting the Homeland." This objective emphasizes the importance of military activities that enhance national security while ensuring readiness to assist civil authorities during crises. It integrates overseas operations with domestic defense strategies to effectively safeguard the nation.
How do you get a dungeon in shakes and fidget?
You need to get a key during your objective
How can parents effectively engage and maintain a 6-year-old's attention span during learning activities and playtime?
To effectively engage and maintain a 6-year-old's attention span during learning activities and playtime, parents can use a variety of strategies such as incorporating interactive and hands-on activities, setting clear expectations and boundaries, providing positive reinforcement, and keeping activities short and engaging. Additionally, incorporating breaks and allowing the child to have some choice in activities can help keep them interested and focused.
What are the human activities during night?
There are some human activities during the night. The human activities are sleeping, eating, drinking, washing dishes, and some other human activities.
What is the setting of the thoughts of Hanoi?
The setting of "The Thoughts of Hanoi" is primarily in Hanoi, the capital of Vietnam, during the period of the Vietnam War. This backdrop provides a vivid context of the city's historical and cultural significance, as well as its challenges during wartime. The narrative captures the emotions, resilience, and reflections of the people living in a city marked by conflict, highlighting both the struggles and the enduring spirit of its inhabitants.
What are the reactional activities of the family?
Reactional activities of the family encompass the ways family members respond to various situations and stimuli, including emotional support, conflict resolution, and communication patterns. These activities can include expressing empathy during stressful times, negotiating differences during disagreements, and celebrating successes together. Such interactions shape family dynamics and influence individual behaviors and relationships within the family unit. Ultimately, these activities contribute to the overall emotional health and cohesion of the family.
What was the conflict during the radical reconstruction?
the conflict was between Jonhson and the republicans
