Ets accounting - Study guides, Class notes & Summaries

ETS Exam Questions & Answers 2024/2025 Financial Statements - ANSWERSare the business documents that companies use to report the results of activities to various external user groups. Accounting - ANSWERSis an information system. It measures business activities, processes date into reports (including financial statements) and communicates results to decision makers. Accounting is the "language of business" Users of Accounting Information - ANSWERSIndividual Investors and Cre...

ETS Business UPDATED Exam Questions and CORRECT Answers Accounting: What costs should be considered when making non-routine decisions? (3) - Ans The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - Ans Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - Ans The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how m...

ETS Economics Exam Study Questions & Answers 2024/2025 The social science concerned with the use of scarce resources like land and labor used to fulfill unlimited human wants. A) Accounting B) Marketing C) Finance D) Economics - ANSWERSC) Economics Inputs used to produce the goods and services that humans want A) Resources B) Capital C) Money D) Labor - ANSWERSA) Resources Tangible item that is used to satisfy wants: A) Service B) Good C) Money D) Goal - ANSWERSA) ...

Helpful in determining past and future performance, contains revenues and expenses: A) Income statement, B) Retained earnings statement, C) Balance Sheet, D) Statement of cash flows - Answer-A) Income Statement Defines Assets = liabilities + Shareholder's equity: A) Income statement, B) Retained earnings statement, C) Balance Sheet, D) Statement of cash flows - Answer-C) Balance Sheet Shows the amounts and causes of changes in retained earnings during the stated period, Solved by startin...

PFD Study Guide Overview of the Phoenix Fire Department | Questions and Correct Answers | Latest Update 2024/2025 8 Ranks - Answer -Firefighter, Engineer, Captain, Battalion Chief/Division Chief, Deputy Chief, Assistant Chief, Executive Assistant Chief and the Fire Chief. The Phoenix Fire Department is organized into five sections which are - Answer -Human Resources, Training, Operations, Public Affairs and Fire Prevention. An Assistant Chief leads and manages each Section. Fire Ch...

ETS Business Exam Study Guide Exam With Complete Solutions 2024 Accounting: What costs should be considered when making non-routine decisions? (3) - answerThe price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - answerProduct Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - answerThe difference between variable costs subtracted from sales Accounting: In a continuous budg...

ETS Business Exam Study Guide Accounting: What costs should be considered when making non-routine decisions? (3) - ANSWER The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - ANSWER Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - ANSWER The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how many months are ...

ETS Business Latest Exam with Verified Solutions 2024 Accounting: What costs should be considered when making non-routine decisions? (3) - Answer -The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - Answer -Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - Answer -The difference between variable costs subtracted from sales Accounting: In a continuous budget p...

ETS Business Exam Study Guide Exam With Complete Solutions 2024 Accounting: What costs should be considered when making non-routine decisions? (3) - answerThe price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - answerProduct Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - answerThe difference between variable costs subtracted from sales Accounting: In a continuous budg...

ETS Business Exam Study Guide Exam With Complete Solutions 2024 Accounting: What costs should be considered when making non-routine decisions? (3) - answerThe price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - answerProduct Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - answerThe difference between variable costs subtracted from sales Accounting: In a continuous budg...