Which of the following skills do accountants need? Accountants need to be skilled speakers. Accountants need...
-
Which of the following skills do accountants need?
- Accountants need to be skilled speakers.
- Accountants need to be critical thinkers with good decision-making skills.
- Accountants need to have experience in all functions of business.
- Accountants need the skills of Certificated Public Bookkeepers.
2. Which of these groups was involved in developing the study Charting a National Strategy for the Next Generation of Accountants?
- Pathways Commission
- American Institute of Certified Public Accountants
- American Accounting Association
- all of these
3) Which of the following is subtracted from gross profit to reach operating income
- programming and production and expenses
- amortization expenses
- depreciation expenses
- selling, administrative revenue, and manufacturing costs
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How is gross profit for a merchandise business determined?
- sales minus cost of goods sold
- gross profit minus operating income
- sales revenue plus depreciation expense
- operating income plus sales
3. Which of the following is subtracted from gross profit to reach operating income?
- programming and production and expenses
- amortization expenses
- depreciation expenses
- selling, administrative revenue, and manufacturing costs
Homework Answers
| 1) Which of the following skills do accountants need? | Option B | Accountants need to be critical thinkers with good decision-making skills. |
| 2) Which of these groups was involved in developing the study Charting a National Strategy for the Next Generation of Accountants? | Option D | all of these |
| 3) Which of the following is subtracted from gross profit to reach operating income | Option D | selling, administrative revenue, and manufacturing costs |
| 4) How is gross profit for a merchandise business determined? | Option A | sales minus cost of goods sold |
| 3. Which of the following is subtracted from gross profit to reach operating income? | Option D | selling, administrative revenue, and manufacturing costs |
| Please give positive ratings so I can keep answering. If you have any queries please comment. Thanks! |
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Which of the following
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Accountants need to be skilled speakers.
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Need help creating a income statement with the following
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Need help creating a income statement with the following
information provided.
Information from the Income Statement for December 2017 • Past year revenues were $2,200,000 with food accounting for 80% of sales. • Cost of sales were 32.62% of total sales with a food cost of 37.1% and a beverage cost of 14.7% • Expenses as a percentage of total sales were provided by Mr. Medom • Annual Rent is $154,000 Salaries & Wages Depreciation Interest Marketing General & Administrative...
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i need help!!!
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How do I calculate the
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