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1. Which of the following would be an example of return on equity ?

A) money earned by providing product and services
B) interest from stock purchased by a corporation
C) an employee's increased output after additional training
D) when the business pays off a loan to a bank or other funder

2. Why do most expense reports require employees to itemize expenses

A) The business owner will always need to personally review all reports
B) creating paperwork helps keep those in the company employed
C) Businesses assume that their employees are not generally honest
D) knowing exactly how money is spent makes for accurate accounting

Respuesta :

dclausing2004
for question 1 i got C and question 2 i got D
jepessoa

Answer:

Question 1, answer B) interest from stock purchased by a corporation.

Question 2, answer D) knowing exactly how money is spent makes for accurate accounting.

Explanation:

Return on equity (ROE) is a ratio that measures how much profit a business or an investor makes in relation to the money it invested. In question 1, the interest a corporation made from purchasing a stock can measure how much profit the corporation made from investing in that stock.

Companies need to keep accurate accounting records because:

  • they can prepare their financial statements faster and better
  • helps them to effectively control the company's resources
  • provides information for making business decisions

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