Bruni Corporation Began Operations on January 1, 2011

question 117

Multiple Choice

Bruni corporation began operations on January 1, 2011.During January, Bruni earned revenue of €45,000, incurred expenses of €22,000, and paid dividends of €3,000.Retained earnings at the end the month is

• A)€20,000
• B)€23,000
• C)€26,000
• D)€45,000

Understand the variable cost method of cost-plus pricing and its application.

Understand the concepts of cost centers, profit centers, and investment centers and their differences.

Comprehend the structure and implications of centralized and decentralized business organizations.

Recognize the role and impact of budgets and budget performance reports in managing responsibility centers.

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Definitions:

Subordinate

A person who is under the authority or control of another within an organization or hierarchy.

Nonverbal Communication

Using the body, voice, or environment in numerous ways to help get a message across.

Proactive Personalities

Characteristics of individuals who are naturally inclined to take initiative and anticipate future needs or problems.

Social Networks

Platforms and communities that connect individuals online, facilitating the sharing of information and fostering social interactions and relationships.