An entity must adjust its financial statement for an event that occurs after the end of the reporting period if:

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Answer 1
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Related Questions

True or False: Service providers that have high customer satisfaction ratings this year are unlikely to achieve the same level of satisfaction next year.

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Answer: False

Explanation:

__________ is especially well suited for location-based applications, such as finding local hotels and restaurants, monitoring local traffic and weather, and providing personalized location-based marketing.

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answer: m-commerce is especially well suited for location-based applications, such as finding local hotels and restaurants, monitoring local traffic and weather, and providing personalized location-based marketing.

Munster Inc. issues $20 million in bonds and pledges its land holdings as collateral. Munster's bonds are:

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Answer: secured

Explanation:

Compared to the use of fossil fuels for generating electricity, wind energy ________. is more widely used in the United States is less renewable requires very little investment is more consistent produces no exhaust pollutants and contributes little to global climate change

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Wind energy is gradually and increasingly in use because it is less renewable and requires very little investment

In the view of the dangers created by pollution to the environment from the use of Fossil fuels, Nuclear materials, the nation is now considering the use of Renewable sources of energies.

Renewable sources of energies refers to natural sources which are used to generate infinite and endless energy for human consumption.

Example of Renewable sources of energies includes wind energy, Hydro energies, solar energies etc

The percentage of the use of Fossil Fuel is 60.6% in energy generation while wind energy is still at 8.4% in 2021.

Therefore, the use of wind energy is increasingly in use because it is less renewable and requires very little investment.

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Innovation involves using ________ knowledge to ________ organizational processes or create commercially viable products and services. good; disrupt more; disrupt old; design new; transform

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There usually involvement of new; transform knowledge so that organizational processes  can be formed as well as products and services in Innovation.

Innovation can be regarded as process involving  practical implementation of ideas.

This ideas usually result in the introduction of new goods as well as services, and for betterment of the society

Therefore, new; transform is correct.

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John is four weeks away from closing on a house and wants to verify what type of deed will be delivered at the closing. Where should John look to find this information...?

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Answer: Contract

Explanation:

What are the Four aspects of being a Professional?

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Answer:

No matter what profession you are in and what level you're at, there are 4 characteristics every professional should possess:

Time Management. Being able to get all your work done in a timely manner is vital to any job. ...

Professionalism. ...

Effective Writing. ...

Technology Knowledge.

if the population of a country is growing at a rate of 1.75 percent per year, the population will double in approximately how many years?

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The population will approximately double in 40 years.

The rule of 70 would be used to determine the number of years it would take for a population to double. The rule of 70 is a heuristic or a rule of thumb that divides 70 by the growth rate of population.

Rule of 70 = 70 / growth rate of population

70 / 1.75% = 40 years

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3
Question 3 (1 point)
Brian wants to take on more of the sales responsibilities. Which activity might he
focus on? Choose the answer.
making business cards
posting social media ads
giving service estimates to customers
mowing yards himself

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As Brian wants to take on more sales responsibility, the activity he can focus on is posting social media ads, which helps reach people quickly and cheaply.

Brian needs to identify which social media his potential audience is most on, and then develop a strategy for serving the ads in ways that increase customer relationships, generate engagement and create value.

Posting ads on social media can therefore increase Brian's sales accountability, as well as being an instant communication method where he can increase engagement by resolving queries and demonstrating the product's benefits for completing the purchase process.

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Answer:

Giving service estimates to customers

Explanation:

Took the test

Four grocery stores account for 80 percent of the retail food sales in Metro City. Two of the stores want to merge. In determining whether the merger violates the Clayton Act, the most crucial factor is

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Considering the situation described above, to determine whether the merger violates the Clayton Act, the most crucial factor is "the market shares of the firms in their market."

This is because the Clayton Act was passed by the US Congress in 1914 to purposely curbed unethical business activities such as unethical mergers, price-fixing, monopolies, etc.

However, in this case, to reveal that the merger in this situation is not anti-competitive, the most crucial factor is to assess the market shares of the firms in their market.

Hence, in this case, it is concluded that the correct answers are "the market shares of the firms in their market."

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In the short run, output prices are ______ and ______ prices are ______. Multiple choice question. sticky; input; flexible stable; import; high flexible; input; sticky low; export; unpredictable

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The correct statement is that In the short run, output prices can be regarded as input prices provided output prices are fixed.

Output Price can be regarded as the price that is utilized in specifying the price that an outputs of a module and how it should be sold.

However, at shortrun, output price do equivalent to input, in as much the output price are fixed.

Therefore, output price  can be equivalent to input price in short run.

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hlo anyone there to talk with me ​

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hell what do you want to talk about

Following are several figures reported for Allister and Barone as of December 31, 2018: Allister Barone Inventory $ 520,000 $ 320,000 Sales 1,040,000 840,000 Investment income not given Cost of goods sold 520,000 420,000 Operating expenses 240,000 310,000 Allister acquired 80 percent of Barone in January 2017. In allocating the newly acquired subsidiary's fair value at the acquisition date, Allister noted that Barone had developed a customer list worth $60,000 that was unrecorded on its accounting records and had a 6-year remaining life. Any remaining excess fair value over Barone's book value was attributed to goodwill. During 2018, Barone sells inventory costing $132,000 to Allister for $184,000. Of this amount, 20 percent remains unsold in Allister's warehouse at year-end. Determine balances for the following items that would appear on Allister's consolidated financial statements for 2018: Amounts Inventory Sales Cost of goods sold Operating expenses Net income attributable to noncontrolling interest

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Answer:

Explanation:

Is their any answers?

Which buyer requirement would be most important in choosing a channel for a financial service for a novice investor who is interested in setting up a retirement account

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Buyer requirement describes the skills and attributes which an individual needs in making a buying or purchase Decison. Hence, the most important requirement is Information.

Information is of utmost importance when it comes to making purchase Decison about goods and services.

For a novice, it is essential that the right amount of information and update is given in other to ensure the best investment plan possible.

Hence, the missing phrase is information.

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A person that studies how economic theories such as capitalism, socialism, and
communism work in the real world.

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Is there no question?

Which situation best illustrates the effects of inflation?

A. A factory lowers its employees' wages to $8 per hour.

B. A restaurant owner sells her business for $200,000,

C. The cost of rice at a market rises by 20 percent over three years.

O

D. An entrepreneur receives a $10,000 loan from a bank.

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Answer: C: The cost of rice at a market rises by 20 percent over three years.

Explanation:

inflation is a measure of the rate of rising prices of goods and services in an economy.

The cost of rice at a market rises by 20 percent over three years best illustrates the effects of inflation. The correct option is C.

What causes inflation?

As household incomes improve as a result of more jobs and higher earnings and an increase in consumer spending, the potential for price increases by businesses to raise the cost of their goods and services increases. The result is a spike in inflation when it occurs across a wide range of industries and businesses.

Inflation refers to the general increase in prices of goods and services in an economy over time. Therefore, situation C best illustrates the effects of inflation, as the cost of rice at a market rises by 20 percent over three years. This means that the same amount of money will buy less rice over time, which is an example of the erosion of purchasing power due to inflation.

Therefore, option C, "The cost of rice at a market rises by 20 percent over three years," is the most accurate answer.

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#SPJ7

What happens if you fail to pay your annual taxes?

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Answer and Explanation:

Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.

Berta's total assets are $100,000; its total liabilities are $40,000; total equity is $60,000; current liabilities are $10,000. If the company prepares a common-size balance sheet, its current liabilities would be expressed as:

Answers

Answer:

10%

Explanation:

Current liabilities 10,000

Total assets 100,000

10,000/ 100,000 = .1

.1 x 100 = 10%

which of the following would be a software component in an SMIS for a potential customerNoSQL

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NoSQL databases have the following properties:
They have higher scalability.
They use distributed computing.
They are cost effective.
They support flexible schema.
They can process both unstructured and semi-structured data.
There are no complex relationships, such as the ones between tables in an RDBMS.

SMIS is regarded as a social media information system is regarded as user communities that provide higher scalability and cost-effectiveness to business.

What are the software components of SMIS?

SMIS makes use of hardware, Software, Data, Procedures, People that constitute its components. However, the software component of SMIS is said to connection data, which is unique in it.

Therefore, connection data enable the users to get a platform to interact with the business to establish a relationship.

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sheldon has a $15,000 liability for a machine that has an interest rate of 10%. the interest expense is:

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Answer:

1500

Explanation:

15000 x .10 = 1500

In analyzing the corporate opportunity doctrine, courts look for _______ and _______. (Choose two correct answers)

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Answer: be sued

individual person

the marginal rate of substitution is ______________.

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Answer:

the amount of goods a consumer is willing to buy compared to another good

SoftBody Corp. is about to launch an ad campaign for a new product line of body washes. Before the first ad airs, managers examine all the elements of the campaign to make sure they are organized and integrated. What is this process called

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The process is known as Pretesting process.

The Pretesting process is the when members of the prioritized audience are brought together react to the components of a communication campaign before they are produced in the final form.

Prior to when the process takes place, managers have to examine that all the elements of the campaign are organized and integrated.

The action of the manager in examining the element is to ensure that the Pretesting process is done without issues.

Therefore, the process is known as Pretesting process.

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Mary is writing a letter of transmittal to accompany a report to her client. The transmittal letter should announce the topic of the report, tell how it was authorized, briefly describe the project, and __________.
a. identify the writer of the report
b. list the sections of the report and any appendixes
c. highlight the report's findings, conclusions, and recommendations
d. market additional services or products

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Answer:

No ablo taka taka mi querido amigo ehh ni si quiera lo voy a intentar

Whitney just bought a gift and jewelry store on Main Street. She knows from the previous owner that almost 60 percent of her sales take place during the Christmas holiday season, with the other 40 percent of sales evenly distributed over the rest of the year. Whitney will probably use a ________ advertising schedule. purposeful continuous pulsing flighting penetrating

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Probably, Whitney will use the flighting advertising schedule.

The flighting type of advertising schedule is one best suited for a season product like costumes, halloween, camping equipment etc

This type of advertising schedule involves an alternating periods of advertising, that is, the advert are done less frequently and are best suited for ads which concentrates on periods of peak demand for a product.

Therefore, the Option E is correct because Whitney will probably use the flighting advertising schedule.

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If you were a restaurant manager, what kinds of policies would you put in place to create a positive work environment?

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Answer

Clean areas

Explanation:

A manager who persuades a subordinate to work late in order to finish a presentation that he plans to deliver in the morning is exercising what type of influence

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The  type of influence the manager is performing is referred to as a

downward influence.

There are two types of influence which include the upward and downward

influence. The upward influence is a s a result of the subordinates trying to

influence his superior while the downward influence is the superior trying to influence the subordinates.

In the question, the manager tries to persuade his subordinate which is an

example of a downward influence.

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Jennifer purchases an app for her cell phone to track the calories she consumed each day. Jennifer pays $2.99 for the app and is fairly pleased with the way it works. When Jennifer receives her credit card statement, she sees that she was charged $22.99 for the app. Jennifer contacts the company she purchased the app from, and they assure her that is the correct price, and there is nothing they can do. The next month, another charge for $22.99 appears on her credit card statement. This time, Jennifer contacts the Federal Trade Commission (FTC) and complains that this is an unfair trade practice. In determining whether or not the app store has committed an unfair trade practice, the FTC will consider:

Answers

To determine whether the store has incurred a fault, it will consider whether it has incurred unfair commercial practices such as false offers, misleading advertising, or misleading price.

Unfair commercial practices are a set of illegal commercial actions that affect the buyer or user of a product or service. The most common unfair business practices are:

The false representation of a good or serviceFake gift offersNon-compliance with manufacturing standardsFalse advertisingMisleading prices

According to the above, Jennifer has been the victim of a false advertisement or misleading price because the company advertises the application for a cost of $ 2.99 without announcing that a monthly charge of $ 22.99 will be made.

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Amir works as an auto mechanic. At his shop, he belongs to a group that represents all of the mechanics when there is a need to approach management regarding wages and benefits. This group is an example of a(n) _____.

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The group that Amir belongs to that does all these things is known as a Union.

Unions:

Represent employees to management Negotiate things such as wages, benefits, and working hours

Amir can therefore be said to be part of a union because they are representing him to the management of his company to ensure that his working conditions are not to bad.

In conclusion, Amir is part of a Union.

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The income earned by whoever has the right to import the good at the world price and sell it in the domestic market at the higher quota price is: Multiple choice question. quota rent. economic profit. trade rent. accounting profit.

Answers

Answer: quota rent

Explanation:

Other Questions
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