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- The following information relates to the activities of Inga Candels for the year ended 31 Oct 2022: & multicolumn(1)(|c|)( £ ) Gross profit & 15,000 Motor vehicle expense & 2,000 Rent expense & 4,000 Light and Heat & 1,000 Salaries & 3,000 Interest on loan & 1,000 What is the entity's operating profit for the period? E3,000 E5,000 E10,000 E4,000 E6,000 E8,000 E2,000
- Complete the definitions below by filling in the selecting the the correct choice from the drop-down list - Expenses should be matched to the revenue, which they helped generate, in the period in which the revenue is reported. This is known as the [Select] square A fundamental quality of accounting information that refers to the ability of such information to influence users decision-making. This means that information has predictive value, confirmatory value or both. This refers to square -The accounting convention which states that the business and its owner(s) are treated as quite separate and distinct in accounting, is known as the square - An enhancing quality of accounting information that enables such information to be understood by those for whom the information is primarily compiled. This means the information is presented clearly and concisely. This refers to square - Proht is the excess of revenue over expenses not the excess of cash receipts over cash payments. This is known as the [Select] square
- Which of the following should be used to avoid misunderstandings in a diverse workplace? a simple language b jargon C technical terms d humor
- Which of the following is a receiving barrier? a inappropriate language b lack of attention c poor grammar and spelling assuming too much about what the receiver already knows
- 1 point Before accepting an investment opportunity, you should use FINRAs BrokerCheck to research your broker. What information is available on their website (hint: choose 3 correct answers) A background check Any compliant history An opportunity to request evidence that this broker is a sworcn fiduciary A list of this broker's fees and profits