According to gaap, the method that can be utilized in recording the acquisition of a fixed asset is Cost method.
In GAAP , the one method that is notable and accurate in recording a fixed asset is the cost method. The cost method can be regarded as method utilized in recording the acquisition cost of the fixed asset as well as the costs of bringing the fixed asset to the condition that is needed for it to be used as well as the required location.Therefore, cost method helps in recording acquisition of a fixed asset .
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The National Income and Product Accounts allows us to relate ________ to ________ to ________. Group of answer choices household income; government income; firm income total output; total spending; inflation household income; household expenditure; total output total output; inflation; total income total output; total spending; total income
Answer:
gross domestic product (GDP), gross national product (GNP), and gross national income
Explanation:
The National Income and Product Accounts allows us to relate total output to total spending to total income. Therefore, option E is correct.
The National Income and Product Accounts (NIPA) is a system of economic measures used by the government to track and analyze the overall economic activity of a country.
It provides comprehensive data on national income, production, consumption, and investment. NIPA allows for the calculation of important indicators such as Gross Domestic Product (GDP), which measures the total value of goods and services produced within a country over a specific period.
By providing a framework to track income and output flows across different sectors, NIPA enables policymakers, economists, and analysts to monitor economic performance, make informed decisions, and assess the overall health of an economy.
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Most probably, your complete question is this:
The National Income and Product Accounts allows us to relate ________ to ________ to ________.
Group of answer choices
A. household income; government income; firm income
B. total output; total spending; inflation
C. household income; household expenditure; total output
D. total output; inflation; total income
E. total output; total spending; total income
what are some things you can do during the grace period to make sure your loan repayment goes as smoothly as possible?
The gracing period allows the borrower to get more time on how to sources for fund for repayment of the loan.
Basically, the loan repayment refers to the way at which a borrower will gradually repay back the loan gotten from the lender.
The gracing period in loan repayment refers to the period where repayment payment has lapsed but the borrower is given grace to continue to repay the loan.
Therefore, the things that can be done during the grace period to make sure the loan repayment goes smoothly is by re-strategizing on options to sources for fund for repayment of the loan.
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What are the advantages of conducting research in different fields of disciplines?
Explanation:
1. research expands your knowledge base
2. research builds your credibility
3. research gives you the latest information
if firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the ________ gap.
If firms can set appropriate service criteria, train employees to meet and exceed those criteria, and measure service performance, they generally can close the Performance Gap.
This is because the Performance Gap is a type of gap that arises when there is a difference in the performance of the employees against the employer's expectation.
It is often described as the difference between the current service situation and the intended service situation.
Many things or factors can cause a performance gap; some of the major factors that lead to the performance gap include the following:
Inadequacy of job knowledge. Amending job requirements. Inadequacy of understanding of the role due to improper hiring.Hence, in this case, it is concluded that closing the performance gap can make employees meet and exceed the appropriate service criteria of the firm.
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a debit balance in the allowance for uncollectible accounts before year-end adjustment indicates that the company wrote off more bad debts in the current year than it had estimated. true or false?
Answer:
Explanation:
The Allowance for Doubtful Accounts has a debit balance of $1,000 at the end of the year (before adjustment), and uncollectible accounts estimate based on.
How do i go to the questions page so i can answer other people questions?
Answer:
You can either go to someone's question and scroll all the way down till you see a good amount of questions to answer. ( that's how I found yours :)))
Another way is you just click the brainly logo up top (mines is in the top left corner) and then scroll down a bit and there will be a list of questions you can answer. You can choose what subject of questions you would like to look at to answer!!
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Explanation:
Acme, Inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,000; deposits in transit of $2,000; NSF check of $100; and interest earned on the bank account of $10, the company's up-to-date ending cash balance equals ______.
The company's up-to-date ending cash balance equals $9,100.
Here, we are preparing company's up-to-date ending cash balance through reconciliation format.
Balance as per bank $0 Balance per books $10,000
Add: Deposit in transit $2,000 Add: Bank collection $0
Less: Outstanding checks $3,000 Add: Interest revenue $10
Adjusted bank balance $9,110 Less: Service charges $100
EFT and NSF checks
$10,110 Adjusted book balance $10,110
Therefore, the company's up-to-date ending cash balance equals $9,100.
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how to make money online without paying anything 2020
Answer:
you could sell stuff online for no cost.
Explanation:
In Europe, schoolchildren devote time during each school day to calisthenics. North American schools rarely offer a daily calisthenics program. Tests prove that North American children are weaker, slower, and shorter-winded than European children. We must conclude that North American children can be made physically fit only if they participate in school calisthenics on a daily basis. Which one of the following is assumed in the passage?
a. All children can be made physically fit by daily calisthenics.
b. All children can be made equally physically fit by daily calisthenics.
c. Superior physical fitness produces superior health.
d. School calisthenics are an in indispensable factor in European children’s
e. North American children can learn to eat a more nutritious diet as well as to exercise daily.
Answer:
ummmm...
Explanation:
True or False: Promotional activities are not included in budgeting with other business expenses.
Answer:
im sorry but i dont know the answer i would help you
Head Time is a local salon that requires all its stylists to graduate from a recognized hairstyling institute and pass the state licensing examination prior to joining work. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria ________.
Answer:
educational
Explanation:
what is it called when government regulations are needed to protect customers
Answer:
Regulatory compliance
Explanation:
I think this is what your looking for
a loss that is judged to be probable and for which the amount is reasonably estimable should be
Answer:recorded
Explanation:
The loss that its amount is reasonably estimable and judged to be probable should be recorded.
In accounting, the outcome of the preparation of the Income statement is to determine the profit or loss generated by the company in an accounting year.
Because an account is prepared annually, then, an loss that is more probable and can be estimated is expected to be recorded.
Therefore, the loss that its amount is reasonably estimable and judged to be probable should be recorded.
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Explain the relationship between households and firms in economics
Explanation:
Households supply labor to firms and are paid wages in return. Firms use that labor to produce pizzas and sell those pizzas to households. There is a flow of goods (pizzas) from firms to households and a flow of labor services (worker hours) from households to firms.
Fill in the blank. . Roughly ___ million trademarks are registered with the U.S. government.
A. 10
B. 12
C. 2
D. 5
Roughly 2 million trademarks are registered with the U.S. government.
What is a Registered Trademark?This refers to the intellectual property of an individual or business that is duly registered and bears a mark, sign or symbol.
Hence, we can see that according to the official count, there are about 1.9 million trademarks that are registered with the American government, and thus, when roughly stated, one can say that they are 2 million and option C is correct.
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which of these are among the macroeconomic goals of governments? check all that apply.
Answer:steadily increasing the gross domestic product. Keeping citizens employed. Managing prices throughout the economy
Explanation:
100 points
Aurora has been working on a visual for her sales presentation to her senior management team. She has tested it with a few coworkers. It took them several minutes to understand the message she’s trying to convey. Which two options should Aurora consider to improve the effectiveness of her presentation?
A. Use black and white instead of colors.
B. Simplify the visual.
C. Remove the visual from the presentation.
D. Use a different graphic or chart.
E. Make the title of the visual longer.
Answer:
D.
Explanation:
basheer operates a business that smooths and finishes poured concrete floors, sidewalks, driveways, and pool decks. basheer has been observing and timing each task undertaken by his workers because he would like to increase their efficiency. basheer is engaging in ________ management.
Basheer is engaging in performance management.
As the manager, Basheer is monitoring and evaluating his employee's work to increase their efficiency. He must create the environment for his employees to bring out their best abilities in performing tasks that satisfy customers with the highest quality.
Performance management is a management tool that enables monitoring and evaluation of the tasks carried out by workers so that efficiency can be increased and management's goals achieved.
Thus, Basheer is engaged in performance management when he observes and times each task by his workers to improve performance efficiency.
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Why is it important for a company to have structure?:
Answer: Organizational structure provides guidance to all employees by laying out the official reporting relationships that govern the workflow of the company. A formal outline of a company's structure makes it easier to add new positions in the company, as well, providing a flexible and ready means for growth.
Explanation:
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3. Shares of stock ABC fell 12%, closing at $42.56. What was the value of the stock before the fall? Round the answer to the nearest cent.
O $51.07
O $47.66
O 354.56
O $48.36
i need help with this please
Answer:
thanks for asking for help
the historical cost principle requires that when assets are acquired, they be recorded at
The historical cost principle requires that when assets are acquired, they be recorded at cost.
The historical cost principle is an accounting principle under the US GAAP. It entails recording the cost of an asset on the balance sheet at the cost with which the asset was purchased regardless of the changes in the value of the asset.
For example, if a machine was purchased at a cost of £2000. If the historical cost principle is used, the machine would be recorded at £2000 on the balance sheet.
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There is no direct relationship between economies of scale and economies of scope because A. economies of scale pertain to one output and economies of scope pertain to more than one output. B. economies of scale pertain to and economies of scope pertain to . C. economies of scale pertain to and economies of scope pertain to . D. economies of scale pertain to more than one input and economies of scope pertain to one input. E. economies of scale pertain to one input and economies of scope pertain to more than one input.
Answer:
c
Explanation:
Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
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All of the following are true of Section II of the Businessowners Coverage Form, except: A Bodily injury coverage does not apply to rendering or failure to render professional services B Includes the cost of defending the insured C A personal injury loss must be committed in the coverage territory during the policy period D Business liability coverage applies to damage to an insured's property or work
All of the following are true of Section II of the Businessowners Coverage Form, except Business liability coverage applies to damage to an insured's property or work. The correct option is D. coverage that safeguards an organization against claims for bodily injury, property damage, or personal injury resulting from the insured's actions or inactions, up to the policy limits.
What does a business owner's policy cover?A business owner's policy, also known as a BOP, offers financial protection to small business owners in the event that their operations are abruptly halted due to a covered loss. This policy safeguards your inventory, buildings, and equipment.
Buildings are commonly included in the properties covered by a BOP. Additionally, the BOP will cover any property owned by the business or by a third party temporarily kept in the company or business owner's care, custody, or control.
Thus, the ideal selection is option D.
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What are the effects of unanticipated deflation? Multiple select question. The real incomes of people with fixed nominal incomes will increase. The purchasing power of savings will increase. The real value of fixed-monetary assets will decline. Creditors will benefit at the expense of debtors.
Unanticipated deflation involves the sudden decrease in the prices of goods and services .The effects of unanticipated deflation include
The purchasing power of savings will increaseCreditors will benefit at the expense of debtors.The real value of fixed-monetary assets will declineThe purchasing power of savings will increase as the prices of goods and services has reduced thereby giving rise to buying more with the same amount of money.
Other effects include creditors benefiting at the expense of debtors and the real value of fixed-monetary assets being on the decline.
However, the real value of real incomes of people with fixed nominal incomes will not increase as no change occurs when dealing with deflation as there is usually no adjustments.
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.Un capital de$ 8.000.000 a un interés de 4% en 6 meses
.Un Capital de $20.000.000 a un interés del 7% en un año
.Un capital de $3.000.000 a un interés del 5% en 8 meses
Usted obtiene un préstamo de $5.000.000 para pagar en 6 meses con
un interés del 4% mensual. Cuanto debe cancelar al finalizar el plazo?
(Capital más intereses)
Answer:
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Explanation:
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which term denotes the response of a cost to the change in business activity
Explanation:
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The terms is used to denote the response of a cost to the change in business activity is Cost behavior.
Cost behavior is used as a tool to show or indicate how a cost will alter or chang in total when there is a change in some activity.
There are three types of cost behavior. Cost Behavior Analysis is simply known as the study of how specific cost respond to changes in the level of business activity.
Conclusively, its knowledge will helps management plan operations and decide between alternative courses of action.
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In May 2020, Whitney filed for divorce from her husband, Michael. Although they lived apart for the last six months of the year, their divorce is not yet finalized; they are still legally married. Whitney does not wish to file a joint 2020 return, and she has no qualifying child or qualifying relative. What filing status should Whitney use?
The filing status to be used by Whitney in 2020 is Married Filing Separately.
The filing status of an individual determines the tax return form an individual will use and includes 5 categories such as:
Single. Married filing jointly. Married filing separately. Head of household. Qualifying widow(er) with dependent child.
Married filing separately is used by married partners that choose to record their incomes and deductions on separate tax returns.
The Married Filing Separately helps one of the partner to own his/her tax liability separate from the spouse's tax liability.
Therefore, in conclusion, the filing status to be used by Whitney in 2020 is Married Filing Separately because the divorce is not yet finalized, thus, still legally married.
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competitive price-taker markets and purely competitive markets are:
Answer:
While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.
Explanation:
