Depreciation and amortization policies are appropriate when using the going concern assumption accounting concept.
What Is the Issue?
A corporation is referred to as a "going concern" in accounting when it has the financial capacity to carry on doing so until it can show otherwise. This phrase also describes a business's capacity to generate enough revenue to stay in business or avoid going out of business. A company that is not a going concern has filed for bankruptcy and had its assets sold. For instance, following the tech bust in the late 1990s, many dot-coms are no longer operating as going concerns.
What the going concern principle means
Business operations for accumulated or prepaid expenses would be impossible without it. The going concern principle enables a business to postpone the recognition of some of its prepaid expenses to later accounting periods rather than all of them at once.
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A brand that has high awareness, perceived quality, and brand loyalty among buyers is said to have high brand equity. question 5 options:
a. true
b. false
Answer:A brand that has high awareness, perceived quality, and brand loyalty among buyers is said to have high brand equity.
Explanation:
The cocoa exchange relationship with its cocoa farmers, in partnership with the care organization, is most closely related to which social responsibility requirement?
The Cocoa Exchange's relationship with its cocoa farmers, in partnership with the CARE organization, is most closely related to this social responsibility requirement: A. ethics, principles, and values.
What is CSR?CSR is abbreviation for corporate social responsibility and it can be defined as an organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people, usually as it conduct its business operations.
The Cocoa Exchange partnered with the CARE organization in order to improve the social welfare conditions for cocoa farmers in developing countries, while not leaving out the women.
In this context, we can reasonably infer and logically deduce that the Cocoa Exchange's relationship with its cocoa farmers, in partnership with the CARE organization, is most closely related to this social responsibility requirement ethics, principles, and values.
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Complete Question:
The Cocoa Exchange's relationship with its cocoa farmers, in partnership with the CARE organization, is most closely related to which social responsibility requirement? Multiple Choice
ethics, principles, and values
financial viability
compliance with legal and regulatory requirements
philanthropic activities
None of these answers are correct.
Funding by the federal government in which area represents an indirect benefit to the state of texas?
'Funding by the federal government in which area represents an indirect benefit to the state of texas is Funding for hurricane relief.
A hurricane is a massive storm with rotating wind speeds of 74 miles per hour. Rotating winds swirl through the warm waters of the tropics and are a force to be reckoned with.
Warm seawater and thunderstorms fuel power-hungry hurricanes. Hurricanes form over the ocean and often begin as tropical waves. This is an area of cyclones moving through the humid tropics, which can result in increased shower and thunderstorm activity.
A typical hurricane lasts 12 to 24 hours. However, hurricanes can last up to a month, like Hurricane John in 1994. At the time, Wilma was also the strongest tropical cyclone in the world outside of the Western Pacific, with seven tropical cyclones on record and increasing in intensity.
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Occur when the cash flow occurs after either the expense is incurred or the revenue is earned.
Answer: Accurals
Explanation:
A major reason that decision making is often not such a rational process is that there are:______.
The fact that there are too many steps in the decision-making process for most individuals to handle is a big factor in why decision-making is frequently not such a reasonable process.
The opposite of intuitive decision-making is rational decision-making. It follows a rigid process based on logic and objective information. It entails identifying the issue that needs to be resolved, collecting data, identifying options and outcomes, analyzing them, taking into account all the connections, and making a decision. Fundamentally, decisions are the outcome of certain thought processes. Good judgments are frequently deemed reasonable even when they are not always conclusions of the inferences or alternatives best valued according to relevant criteria in a context. The information that decision-makers do have is frequently inaccurate and incomplete, and they do not have access to all information that may be important to the choice. Decision-makers have weak computational and analytical skills.
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Supplies that are not used immediately are recorded as a(n) ______ when purchased.
Supplies that are not used immediately are recorded as an asset when purchased. Supplies are various items belonging to the company that have consumable properties, or can be used many times. In general, various items that are included in the equipment or supplies have a shape that tends to be smaller and has the aim of completing the company's needs.
Supplies are divided into two things, which is:
1. Office supplies or office supplies are various items that are needed to carry out various office activities, such as paper, pens, pencils, erasers, rulers, pencil sharpeners and various other stationery.
2. Factory equipment or factory supplies are various items needed to carry out activities in the factory. A simple example is a variety of equipment to be able to maintain and clean production machinery equipment.
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Frank's furniture imports, inc. imports children's bedroom furniture from china and sells it wholesale to furniture retailers. what kind of wholesaler is this business?
Children's bedroom furniture is imported from China by Frank's Furniture Imports, Inc. and sold in bulk to furniture stores. A limited-line wholesaler, this company.
Compared to well known products wholesalers, constrained line wholesalers buy and promote a smaller choice of goods. as an example, they could just distribute food, clothing, or electronics. Wholesalers of area of expertise lines provide the maximum confined variety of merchandise.
constrained strains may be observed in locations like supermarkets, area of expertise stores, and catalog showrooms.
Small provider best positive capabilities precise to their needs are executed by means of wholesalers.
A wholesaler often buys the product directly from the manufacturer or sells it himself. The wholesaler makes his very own selections on the goods and services he sells.
As a end result, a wholesaler who solely sells digital devices, like smartphones, is known as an electronics wholesaler, whereas a wholesaler who sells a wide sort of items is referred to as a widespread products wholesaler.
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An investment of $3,000 is made at the beginning of each of the next 7 years. given an interest rate of 0.67%, the value of this investment 11 years from today is closest to:________
There is an annuity owed on this cash flow stream.
Given:
Investment: $3,000
made at the beginning of each of the next 7 years.
Interest Rate: 0.67%
BGN mode on the calculator, then
$3,000 PMT, N = 7, I/Y = 0.67, CPT FV, and FV = $21570.41
After an additional four years (Year 11), the cash flow stream's future value is equal to:
N = 4, I/Y = 0, PV = around $21,570.41, CPT FV, FV = $22,154.32, and N = 4
When a currency is converted into another currency at a given time with an agreement to revert back to the original currency at a future specific time period, this is called a?
It is called a currency swap
A currency swap is indeed a rate of interest derivative in finance. It is a linear IRD in particular, making it among the most liquid benchmarking products to cover many currencies at once. It shares price similarities with interest rate swaps, FX swaps, and foreign exchange rates. A currency swap entails the conversion of interest—and occasionally principal—in one currency into the same amount in another. Foreign-based businesses frequently employ currency swaps to get loans from local banks at rates that are more favourable than those offered through currency swaps. Companies might change their loan terms by swapping in order to benefit from the present or anticipated market circumstances.
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The joints in siding may allow some water penetration, but an air gap and __________ behind the siding will help limit the penetration.
The joints in siding may allow some water penetration, but an air gap and "water resistance barrier" behind the siding will help limit the penetration.
What is water resistance barrier?A thin membrane, typically 5 to 15 mils thick (. 005 to 0.015 in. or 0.13 to 38 mm), known as a water resistive barrier is designed to stop liquid water from penetrating behind outside cladding.
The main purpose of weather barriers is to keep inside conditioned air and keep outside weather outside. The wall and roof assembly includes a WRB structure, or weather-resistant barrier. Wind, rain, and moisture are kept out of the structure by a strong weather barrier.
Building materials are shielded from exterior water penetration by weather-resistant barriers, which are a component of exterior wall systems. They function like a building's shell, preventing liquid water from leaking through but allowing water vapor to escape .
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The first hotel to be franchised in the united states occurred in 1907 when this company franchised the _______________ hotel.
The first hotel to be franchised in the united states occurred in 1907 when this company franchised the Ritz-Carlton hotel.
What are the advantages of buying a franchise?
Benefits of purchasing a franchise
Franchises provide the freedom of small business ownership while also providing the advantages of a large business network.To operate a franchise, you don't always require business experience. Typically, franchisors give you the training you need to run their business model.Franchises succeed more frequently than new firms.It might be simpler for you to get financing for a franchise. Purchasing a franchise could be less expensive than starting a similar sort of business from scratch.Franchises frequently have a well-established brand, management techniques that have been proved effective, access to national advertising, and ongoing assistance.To learn more about Franchises from given link
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The linked set of activities required to design, produce, and deliver products and provide aftermarket service to customers is called the:_____.
The linked set of activities required to design, produce, and deliver products and provide aftermarket service to customers is called the value chain
This is further explained below.
What is aftermarket service?Generally, For LM Products, aftermarket services often refer to the supply of spare parts, upkeep, and repair services.
After an original equipment manufacturer (OEM) sells a car to a customer, all vehicle parts, chemicals, equipment, and accessories are manufactured, remanufactured, distributed, retailed, and installed in the automotive aftermarket, which is the secondary market of the automotive industry.
In conclusion, The value chain refers to the interconnected series of operations that are necessary to develop, manufacture, and distribute goods as well as offer aftermarket care to clients.
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What are the benefits to apple of outsourcing the assembly of the iphone to foreign countries, and particularly china? what are the potential costs and risks to apple?
Because labor costs and the cost of producing parts are low in China, Apple can produce iPhones at a substantially lower cost thanks to outsourcing. Phone usage will rise as a result of the lower phone prices.
What are the benefits of Apple outsourcing to China?Apple is most at home in China.
The main factor in Apple's choice to outsource its manufacturing to China is who can produce the most Apple goods in the quickest length of time. This also implied that China may continue to be versatile and quick to meet Apple's requirements.
Who benefits from Apple's decision to outsource assembly to China?The Chinese people themselves would be one group of recipients. Low-wage earners who might not otherwise have jobs now have them thanks to Apple.
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According to "scientific view of risk", most of the public’s view of risk is ___________ than risk experts.
According to "scientific view of risk", most of the public’s view of risk is different than risk experts.
Who are risk experts?A risk management expert is a position hired by corporations to find possible hazards that might hurt the company's bottom line. Financial concerns have typically been the emphasis of this function. But risk managers are increasingly expected to detect possible hazards that might harm workers, third-party risks, cybersecurity dangers, and privacy-related problems. As a result, money, personnel, facilities, information technology (IT), data, and reputation are now included in the scope of risk management. Before the COVID-19 pandemic introduced new facets of market risk in early 2020, the area of risk management professionals was already one of the enterprise management positions with the quickest rate of growth. Due to the significant effects of COVID-19 and climate change, businesses are calling for more risk management experts.
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What does the phrase ""no taxation without representation"" mean? is it still relevant today?.
The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.
What is meant by Taxation?The loss of benefit as a result of a change in choice is another way to explain it. Taxes are levied on tangible property, including real estate and business dealings like stock sales or home purchases. Income, corporate, capital gains, property, inheritance, and sales taxes are among the different types of taxes.
There is still unrepresentative taxation in existence today. DC, Washington and U.S. territories are required to pay federal taxes despite not having elected representatives with voting powers to represent them in Congress (though the taxes that apply to those individuals vary depending on where they live). The expression was used in opposition to the imposition of tariffs on in-demand items. The colonists were further incensed by the lack of a voice in politics to protest taxes.
Hence, The phrase taxation without representation represents a populace that is required to pay taxes to a government authority without including any say in that government's policies.
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Has three segments that when analyzed together give an idea of what the company owns and what it owes
The correct answer is Balance sheet
A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets. The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheets can be utilized in conjunction with other crucial financial data. An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet.
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Competition among sellers and government diffuses economic power within the economic units that make up an economy. True or false
The answer is false. Economic power is dispersed throughout the economic units that comprise an economy via competition between retailers and the government.
By market economy, what do you mean?Economic power is dispersed throughout the economic units that make up an economy via competition between retailers and the government. False or true
Supply and demand, two economic factors, govern the creation of goods and services in a market economy. Market economies are built on free transaction and are not governed by a central authority (such as a government).
Since the pricing in a capitalist sort of economy is set by market forces, rather than by government involvement, the word "capitalist economy" is a good alternative to "market economy."
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What is the 13th order of business? (include the article and section where the answer is found.)
According to IBEW - International Brotherhood of Electrical Workers Orientation Workbook, the 13th order of business is "New Business (Matters relating to any election and installation of officers).". This is indicated in the IBEW Constitution. See attached image.
What is IBEW?The International Brotherhood of Electrical Workers (IBEW) is a labor union that contains nearly 775,000 employees and retired workers in the electrical industry in the United States, Canada, Guam, Panama, Puerto Rico, and the United States Vir.gin Islands.
More specifically, electricians, or inside wiremen, in the construction industry, as well as line workers and other public utility employees.
The organization also represents certain workers in the computer, telecommunications, and broadcasting sectors, as well as other electrical-related professions.
Some other items found in the order of business of the constitution of the IBEW are:
6th Order - Reports of Candidates9th Order - Reports of Delegates14th Order - Good of the Union etc.See attached image.
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A man asks you for $10 as you walk down the street. you refuse. he then asks for $2. you give it to him. the man has used the ________ compliance technique.
A man asks you for $10, but you refuse, he then asks for $2. So you give it to him. The man has used the door-in-the-face as the compliance technique.
The door-in-the-face technique is commonly known as a compliance technique which is studied in social psychology. Here the persuader attempts in order to convince the respondent to comply by making a large request, which the respondent is most likely turn down.
So here for instance, when a man asks you for $10 as you walk down the street. First you refuse, so then he then asks for $2, and you give it to him. Thus, here the man tends to ask for a smaller sum that you agree to give. So the man used the door-in-the-face as the compliance technique.
Hence, the door-in-the-face technique is commonly used to get people to donate their time, money, and effort.
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Samantha deposits $1,500, into the park street bank. the account pays 4.12 nnual interest, compounded daily. to the nearest cent, how much is in the account at the end of three non-leap years?
The correct answer is $1,551.255.
The below-mentioned formula may be used to determine the amount.
A = p x ( 1 + r) ^n
Where A = Amount
p = Principal
r = Rate
Explanation:P= $1500
r=1.12% or 0.0112 per year.
Daily interest rate = 0.0112/365
n = 365 days x 3 = 1095
A = 1500 x( 1 + 0.0112/365)^1095
A = $1500 x ( 1.00003068493)^1095
A = $1500 x 1.034170
A = $1,551.255
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Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. what is her opportunity cost if madeline buys 12 widgets?
If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.
Opportunity costFirst step is to calculate the amount spent on widget
Amount= ( $2 x 12 )
Amount=$24
Second step is to calculate the Opportunity cost
Opportunity cost =$24/$4
Opportunity cost=6 gizmos
Therefore If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.
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When a corporation fails, the maximum amount that can be lost by a shareholder is:_________
Answer:
Answer and Explanation: The answer is A. the amount of their initial investment. In case a corporation fails, its shareholders can lose the amount of money equal to or less than the amount initially invested.
Explanation:
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If the value of all the goods/services that united states exports is greater than the value of all that it imports, then this is referred to as a:_______
If the value of all the goods/services that united states exports is greater than the value of all that it imports, it is referred to as a trade surplus.
What is a trade surplus?Export would comprise of goods and services produced in the US that are been sold to foreign countries. Import would comprise of foreign produced goods and services that are been sold in the US
A trade surplus is when the export of a country is greater than its import. A trade surplus increases the gross domestic product. A trade deficit is when the export of a country is less than its import. A trade deficit decreases the gross domestic product.
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In a new margin account, a customer sells short 1,000 shares of xyz at $30 per share and deposits the required margin. if the stock subsequently falls to $25 per share, the equity in the account is?
The equity in the account is 20000.
Equity isn't taken into consideration as an asset or a liability on an enterprise's monetary statements. fairness is what you get when you subtract liabilities from assets. equity is meditated on an agency's stability sheet.
Fairness profits refer to income that is acquired through inventory dividends. A dividend is basically a reward paid to shareholders for or their investment in an organization, that is commonly paid from the corporation's internet income.
Equity is also referred to as internet really worth or capital and shareholders fairness. This fairness will become an asset as it's far something that a homeowner can borrow in opposition to if need be. you can calculate it by way of deducting all liabilities from the entire fee of an asset: (equity = assets – Liabilities).
The beginning equity is $15,000 (CR − SMV = EQ, or $45,000 − $30,000 = $15,000). If the market value falls to $25,000, equity is determined as $45,000 minus $25,000 equals $20,000.
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A human capital investment analysis can identify which employees need what kinds of training?
A human capital investment analysis can identify which employees need Formal kinds of training.
What is Human Capital?This is known to be the needed knowledge, skills, experiences, as wells as abilities, education life, expertise, motivation and others by a company, etc.
Formal training & development is known to be a kind of mandatory form of training that is often done in a lot of basic jobs.
Formal training is known to be a term that connote a form of training that has been said to be structured as well as have a defined form of curriculum.
Therefore, A human capital investment analysis can identify which employees need Formal kinds of training.
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experts seem better able to break a problem into meaningful chunks than novices. this strategy provides all of the following advantages except for
Experts appear to be more adept at breaking a problem into meaningful chunks than beginners. The following benefits are all provided by this technique, with the exception of drawing the expert's attention to the problem's microstructure.
Expert-novice studies use the inherent contrasts between people who perform at relatively high levels in one area of expertise (such as an academic discipline, a job, or a hobby) and people who perform at relatively low levels in that same area. Since competence is a continuum rather than two discrete states, the word "relatively" is stressed. A given study typically only compares two places along the continuum. Some academics define the terms "expert" and "novices" in a more narrow, absolute sense.
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A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except?
a. sell the property
b. enjoy the property
c. occupy the property
d. use the property
A leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.
What is leasehold estate?Leasehold estate is when a lessor who is the person that lease out a property decide to lease out the property to a lessee or a tenant in which the lessee now have access to the property.
A lessee does not have the right to sell the property that was lease to him/her but has the right to do the following:
Enjoy the propertyOccupy the propertyUse the propertyTherefore a leasehold estate conveyed to a tenant entitles the tenant to do all of the following except: a. sell the property.
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Suppose that short term municipal bonds currently offer yields of 4%, while comparable taxable bonds pay 5%. required: which gives you the higher after tax yield if your combined tax bracket is:________
the tax-exempt bond. The after-tax yield for the taxable bond is the same as the before-tax yield (5%), which is higher than the 4% yield on the municipal bond with a zero tax bracket.
the tax-exempt bond. 0.05 x (1 - 0.10) = 0.045 or 4.50% is the taxable bond's after-tax yield.
neither, or c. The taxable bond's yield is 0.05 x (1 - 0.20) = 0.4 or 4% after taxes. The taxable bond's after-tax yield is the same as that of the municipal bond.
Municipal bonds are d. The bond's after-tax yield is calculated as follows: 0.05 x (1 - 0.30) = 0.035 or 3.5%. For investors in tax levels above 20%, the municipal bond delivers the higher after-tax yield.
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What is the most significant employee relations issue to be considered when expanding the use of artificial intelligence?
The most significant employee relations issue to be considered when expanding the use of artificial intelligence is retraining of workers.
Retraining is the process of earning, refreshing, and developing skills in a workplace with the help of continuous learning and training programs. It is required on a regular bases to keep themselves updated, with the regular change in technology, rules, regulations and skill development.
The banking, healthcare, and finance industries have frequent retraining because of frequently changing laws and policies. These retraining helps the overall organization to grow together and helps them to reach their achievements. There for they plays an important part.
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The manager is responsible for keeping up to date on all regulations and food safety practices as well as _______ and monitoring their entire staff.
The manager is responsible for keeping up to date on all regulations and food safety practices as well as food-borne illness and monitoring their entire staff.
How does food safety work?In order to minimize the chance that people can contract a foodborne illness, food must be handled, prepared, and stored safely.
Food safety is an issue that affects many facets of daily living on a worldwide scale.
To avoid food becoming contaminated and resulting in food poisoning, food safety guidelines are followed. This is accomplished using a variety of methods, including some of the following:
1) Thoroughly cleaning and sanitizing all surfaces, tools, and implements
2) Upholding strict personal hygiene standards, particularly hand washing
3) Proper food storage, cooling, and heating in terms of temperature, surroundings, and apparatus.
4) Implementing efficient pest management
5) Understanding food intolerance, allergies, and food poisoning.
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