finance can   play    a role   in  their    future career development while briefly describing the   nature of  their    work position

Q: “A personal financial statement is a document that details an individual's assets and liabilities.…

A: Personal financial statement is referred to as the snapshot of the personal financial positioning of…

Q: Which type of business organization will meet Kerry's needs best? Give arguments to support your…

A: Limited Liability Company (LLC) is a type of company which have limited liability features with…

Q: CASE A Cite a real – life experiences where you were able to apply some of the basic accounting…

A: Accounting policies other rules and principles that are applied by preparing and presenting…

Q: Explain: Understanding the intentions of accounting students to pursue career as a professional…

A: Answer: There are wide variety of scope for accounting field.  Accounting field students have career…

Q: When planning on starting up a new business create a plan on how you will raise funding for your…

A: One of the common reasons held new businesses failure is the lack of funding. One should keep in…

Q: assume that you had to explain to a friend or family member (with no accounting background) the…

A: solution concept accounting cycle The accounting cycle means a cycle where the whole process of…

Q: How can his revenue and expenses match? Discuss in a group several ways that Edward's accountants…

A: How revenue and expenses match    Edwards foster wil book the expense in the period in which…

Q: What is the most important knowledge you were able to generate from taking Financial Accounting and…

A: Answer: Financial accounting and reporting is the area which deals on recording of transactions as…

Q: Provide answers IN YOUR OWN WORDS 1. As finance students, how important is (or what is/are the…

A: Financial literacy is very important skills that are very to be developed with an equipped skills as…

Q: Advise your doctor by justifying with GAAP principle

A: Given case is: Your doctor got to know that you are studying accounting and he has bought some…

Q: 1. It is the process of planning and handling personal financial activities such as saving and…

A: The process of planning and handling personal financial activities such as saving and investing is…

Q: Is it important or are there pros for businesses having more than one accountant? if yes why is this…

A: Accountant: Accountant can be defined as professional individual appointed by a business entity for…

Q: Investigate the job of financial manager by searching the library or Internet, by interviewing a…

A: A Financial Manager is a person who looks upon the financial health of the organization. In other…

Q: Based upon the given financial statement, would you provide a credit line to this company? Support…

A: We are given the various ratios calculated from the income statement and the balance sheet of the…

Q: accounting will help in your personal and professional life

A: Accounting is an often overlooked career, and yet it is a skill that’s used regularly in daily life.…

Q: Why is accounting quality important in financial analyst. Provide an example showing one of the…

A: The value of financial accounting is primarily defined by its quality. The core premise of…

Q: Will you hire an accountant to prepare financial state-ments for your firm?

A: The financial statements of a firm are prepared to calculate the financial position f the firm at…

Q: We tend to look up to financial managers on matters relating to money and finances. However, life…

A: A financial manager manages the finances of an organization in an effective manner and creates the…

Q: I would like to open a business account. Outline the steps required to open the most suitable…

A: The business bank account seems to be a bank account or kind of bank account that is being used for…

Q: ou are the finance manager of a firm that manufactures slippers, sandals and shoes. The owner of the…

A: A) As the finance manager of the company, I will first attend the marketing department then my own…

Q: In what way financial reporting affects you as a student, and as a future professional?

A: While you'll already grasp that monetary news is very important (mainly as a result of it’s a legal…

Q: Please I want answer for this question by your understanding and experience in this field and typing…

A: The financial statements of an organization replicate a genuine image of its monetary presentations.…

Q: Suppose you are a part of a group of students from a prominent university and were sent out as a…

A: Closing entries: These entries are passed to close the revenues, expenses, income/loss and any…

Q: Give three cultural communication modes.

A: Corporate Culture-: Corporate Culture implies the notions and behaviors that specify how a firm's…

Q: Suppose you are a part of a group of students from a prominent university and were sent out as a…

A: a.

Q: Chapter 3 of the text focuses on The Accounting Framework, which includes a discussion of the…

A: The company produces financial information as a result of business operations. The financial…

Q: Suppose you are a part of a group of students from a prominent university and were sent out as a…

A: Adjusting entries: These entries are passed at the end of a particular accounting or financial year…

Q: please help me with a statement of financial position using below information?

A: From the given trial balance, it can be determined that this is a trial balance of sole…

Q: if you are a business owner, how can finantial analysis help you? (short explanation)

A: The financial analysis is process to evaluate business on the basis of finance related transactions…

Q: Lila Corentine is an aspiring entrepreneur and your friend. She is having difficulty understanding…

A: Definition: Financial statements: Financial statements are condensed summary of transactions…

Q: Which of the following professional services is an attestation engagement?(1) A consulting service…

A: Attestation engagement is an arrangement with a client where a third party investigates and…

Q: 1. How much of the needed information can be provided by accountants?

A: Accounting is the process that is followed by an enterprise to estimate the financial position of…

Q: Suppose you are a part of a group of students from a prominent university and were sent out as a…

A: Adjusting entries: These entries are passed at the end of a particular accounting or financial year…

Q: Suppose you are a part of a group of students from a prominent university and were sent out as a…

A: Adjusting entries: These entries are passed at the end of a particular accounting or financial year…

Q: XYZ is considering the option to invest excess cash in short-term financial instruments. XYZ wishes…

A: Introduction: The commitment of an asset to increase in value over time is referred to as an…

Q: users

A: Financial Statements Includes Income statement and Balance sheet. Income statement shows Financial…

Q: How one can help the Financial Accounting Department of a multinational company if he/she is hired?

A: Preparing financial statements, managing the general ledger, paying taxes, billing clients,…

Q: explain the role/function of finance manager in today's world. please write about 500 words.

A: Finance managers are accounting experts responsible for a company's or organization's financial…

Q: friend asked you to reveal important financial information of the company, being a finance manager…

A: Sharing of information with outsiders of companies is illegal and unethical because if inflation is…