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Is clerical salaries fixed or variable cost?
Any employees who work on salary count as a fixed cost. They earn the same amount regardless of how your business is doing. Employees who work per hour, a...
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What is an example of a direct fixed cost?
Direct costs can be fixed costs such as the rent for a production plant. Variable costs vary with the level of production output and can include raw mater...
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When a bond is issued at face value the amount of?
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the orig...
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What is a fixed budget?
A fixed budget is a financial plan that is not modified for variations in actual activity. Since most companies experience substantial variations from the...
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How much money has American Airlines lost in 2020?
American Airlines, the largest U.S. airline, said it lost $9.5 billion, including special accounting items, for the full year, and $2.2 billion in the fou...
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How do you do Accumulated depreciation?
Accumulated depreciation is calculated by subtracting the estimated scrap/salvage value at the end of its useful life from the initial cost of an asset. A...
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How do you Analyse a cash flow forecast?
How to Create and Analyze Your Cash Flow Forecast Start with Incoming Cash. Tackle Your Outgoings. Don’t Forget Inventory. Use Accounting Software or Pre-...
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What is a good CCAT score?
The CCAT passing score depends on the position to which you apply. The CCAT average score is 24 correct questions out of 50, and less than 10% of people a...
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What account is service revenue?
operating revenue account Service Revenues is an operating revenue account and will appear at the beginning of the company’s income statement. Is service ...
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What is the difference between fair value and book value?
Typically, fair value is the current price for which an asset could be sold on the open market. Book value usually represents the actual price that the ow...
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