This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Identify the purpose of the income statement. What will be an ideal ... (Read 63 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Aug 10, 2018
Identify the purpose of the income statement.
 
  What will be an ideal response?

Question 2

Which famous French chef is given credit for the 1900 culinary movement represented by lighter, more naturally prepared dishes known as nouvelle cuisines?
 
  A) Antoine Carme
 
  B) Ferdinand Point
 
  C) Guillaume Tirel
 
  D) Auguste Escoffier


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Aug 10, 2018
Answer to Question 1

Actual spending and revenue data are used to create an income statement to compare with the budgeted target numbers. The difference between the two figures is called a variance. Variances may be caused by factors that are outside managers' control, such as economic conditions or stronger than expected demand. However, managers should make every effort to attempt to meet their target, or adjust the budget to better reflect current conditions.

Answer to Question 2

B


james0929

  • Member
  • Posts: 586
Reply 2 on: Aug 10, 2018
Thanks for the timely response, appreciate it

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
Does everything in nature have a unique purpose (entelechy)? Does everything in nature have a unique purpose (entelechy)?
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Video: Proteins

For a complete list of videos, visit our video library