It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
What is historical cost of plant?The cost of plant assets includes all expenditures necessary to acquire the asset and make it ready for its intended use. The initial cost that an organization incurs is vital in order to know the amount that will be charged for a particular product.
The above means that once cost is established, a company uses that amount as the basis of accounting for the plant asset over its useful life.
Hence, It is true that the cost of a plant asset includes all amounts paid to ready the asset for its intended use.
Learn more about historical cost of plant here : https://brainly.com/question/24868116
which account is prepared before balance sheet ?
Answer:
Balance sheet is prepared after ascertaining net profit and net loss from profit and loss account. It is the summary of the personal account and real accounts having debit and credit balances.
How did the goal described in this excerpt most affect the u. S. Economy?.
The described goal that most affect the economy according to the excerpt is when Federal Reserve raised interest rates to control inflation.
What was described in the excerpt?The excerpt quoted George Bush speech about the Iraqis and how their relationship with Saddem Hussein will most affect them and their economy.
However, the goal that most affect the economy according to the excerpt is if Federal Reserve raised interest rates to control inflation.
Therefore, the Option A is correct.
Read more about Federal Reserve
brainly.com/question/25817380
The fact that a particular advertisement might not cause a consumer to make an immediate purchase is referred to as:.
If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this is the lagged effect.
What is the lagged effect?As the term suggests, it refers to an effect of advertising that is not immediately noticed on the consumer.
This means that the consumer might not immediately make a purchase after they see an advertisement, but they will still make a purchase at a later date thanks to that advert they saw remaining in their minds.
Find out more on advertisements at https://brainly.com/question/15611949.
In order for a liability to be classified as a current liability, it must be a debt that the company:.
Answer:
In order for a liability to be classified as a current liability, it must be a debt that the company expects to pay from existing current assets or through the creation of other current liabilities.
What is the WORST thing for a physical learner to do while studying?
Exercise
Role-play
Sit still at a desk
Tap a pencil
Answer:
Exercise
Explanation:
Your business paid $10.000 for a one year retainer to a law firm. How much should be expensed via worksheet adjustments each month?
1. $1,000
2. $833.33
3. $10,000
4. It shouldn’t be adjusted
Liabilities: Multiple Choice Represent obligations that must be satisfied with cash. Are recorded in the Profit and Loss Statement. Are amounts a company owes to others. Are usually recorded in the equity section of the balance sheet if it is long term.
Liabilities are C. The amounts a company owes to others such as debt and taxes owed.
What is a liability?It should be noted that a liability simply means the future sacrifice of economic benefits that an entity is obliged to make.
In this case, it simply means what an individual or company owes others. It's different from an asset.
A liability is something a person or company owes, which is usually a sum of money and are settled over time through the transfer of economic benefits such money, goods, or services. Examples of liabilities include debt and taxes owed.
Learn more about liability on:
https://brainly.com/question/25012970
As an ammunition supervisor, you receive an urgent Notice of Ammunition Reclassification (NAR). It must be
As an ammunition supervisor, you receive an urgent Notice of Ammunition Reclassification (NAR). It must be given the highest priority.
As the ammunition supervisor, I acknowledge receipt of the urgent Notice of Ammunition Reclassification (NAR) and recognize its paramount importance. The reclassification demands immediate and rigorous attention to ensure compliance with safety protocols, accurate inventory records, and swift execution of necessary procedures.
Our team will promptly initiate the required actions, prioritizing the secure handling, tracking, and reporting of reclassified ammunition. Safety and precision remain our foremost concerns as we address this critical matter, safeguarding both personnel and operational integrity. We are fully committed to executing this reclassification with the highest level of urgency, professionalism, and adherence to established guidelines.
Learn more about ammunition here:
https://brainly.com/question/28144885
#SPJ12
Because there is no provision for long-term care in the United States, ________ has become the de facto program financing nursing home residents when they have exhausted their savings. Group of answer choices Social Security Medicare Medicaid the Affordable Care Act
Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
What is medicaid?Medicaid can be defined as an health insurance coverage that help to cover the medical expenses of those people that earn low income or people that cannot afford medical care.
For a person to be quailfied or for a person to be a beneficiary of Medicaid such individual must be resident of the state under which they receive medicaid.
Therefore Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
Learn more about medicaid here:https://brainly.com/question/517714
In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, we know that the markup of price over cost will Group of answer choices increase. decrease. stay the same. unknown for lack of other information.
If the number of firms in a Cournot oligopoly decreases because firms exit the market, the markup over price will most likely stay the same.
What would happen to the price if firms exited a Cournot oligopoly?If firms exited the Cournot oligopoly, and the number of firms decreased, the remaining firms will increase their production levels to get to the previous levels.
This will mean that the price in the market will not change because the quantity supplied will remain the same.
Find out more on courtnot oligopolies at https://brainly.com/question/13635083.
Bob, a bartender who saw duty in Vietnam, refuses to serve Asians in his bar because he believes that Asians have no business living in the U.S.A. Bob's actions describe
Promotion permits are available and required for in-store demonstrations and promotions such as offering wine and beer samples. true false
In order to be able to have in-store demonstrations and promotions that offer wine and beer samples, a promotion permit is needed so this is True.
What are promotion permits?Some states such as Texas issue promotional permits to companies and individuals who wish to have in-store demonstrations that include alcoholic beverages.
The purpose of this is to ensure that the entities demonstrating, take appropriate care to ensure that minors don't take the alcohol.
Find out more on sales promotions at https://brainly.com/question/1312782.
What two things are credited with creating the global village?.
The two things that are credited with creating a global village is: Convenient air travel and Electronic media.
What is a Global Village?This can be described as a method where people from the globe or universe are able to communicate and meet each other sometimes without physical contact.
For an effective global village to be created, a good electronic media needs to be present. It will help people of all kinds communicate easily. A convenient air travel system also needs to be present for ease of movement.
Learn more about Global Village here:
https://brainly.com/question/18920282
How many months' worth of expenses do you think your financial reserve should include? Describe at least two reasons for this decision.
Answer:
Describe at least two reasons for this decision. I think my financial reserve should include at least twelve months’ worth of expenses. One reason for this decision is that I may never know how much money that I might need if something is unexpected or goes wrong.
Explanation:
hope this helps if not please let me know
A bond is the issuer's written promise to pay the _____________ of the bond with interest. multiple choice Market value Par value Interest value
The blank space in the sentence should be filled with Market value.
What is a Bond?In all simplicity, a bond is loan from an investor to a borrower which may be a company or government. The borrower uses the money to fund its operations, and the investor receives interest on the investment. Additionally, it is noteworthy to know that the market value of a bond can change over time as bonds are a medium for store of value.
Read more on bond;
https://brainly.com/question/25965295
If a property appreciated 2% in the past year, how much would the property be worth today if it was valued at $220,000 a year ago
The value of the property today after it has appreciated in value is $224,400.
What is the value of the property today?
When a property appreciates in value, it means that it becomes more valuable to own the property. The property becomes more expensive when it appreciates.
Value of the property = (1 + appreciation) x initial alue
1.02 x $220,000 = $224,400.
To learn more about appreciation, please check: https://brainly.com/question/26847097
A de jure corporation is one that is formed to accomplish a single purpose within a limited time. True False
It is false that a de jure corporation is one that is formed to accomplish a single purpose within a limited time.
To find out why a de jure corporation is not limited to a single purpose, we need to know more.
What is de jure corporation?It is when a coporation has fulfiled the required mandate within the ambit of the law to become a corporation.For a certified de jur coporation, they can issue stocks and also carry out daily activities.Hence, we can conclude that a de jure corporation is not one that is formed to accomplish a single purpose within a limited time.
Learn more about de jure corporation here : https://brainly.com/question/13434823
Select the correct answer. which would you need in the event of professional mishaps? a. insurance b. trusts c. power of attorney d. will
In the case of one having a professional mishap, the most likely thing they need is a. Insurance.
What is the purpose of insurance?
Insurance is needed for cases where there is a professional mishap such as a fire or injury.
Insurance would ensure that the effects of that professional mishap, will be limited.
Find out more on insurance at https://brainly.com/question/1941778.
Sayre enterprises has a defined-benefit pension plan covering its 50 employees. in 2020, an amendment to the pension benefits caused an increase of $2,400,000 to the projected benefit obligation. sayre expects 20% of their employees to retire or quit at the end of each of the next 5 years. assuming that sayre uses the years-of-service method of amortization for prior service cost, what amount should they report as amortization of prior service cost in year one of the amendment?
Assuming the employee quit at the end of each of the next 5 years. The amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
Amortization of prior service costFirst step is to calculate the number of employee for 5 years
Employee=50 + 40 + 30 + 20 + 10
Employee= 150
Now let calculate Amortization of prior service cost
Amortization of prior service cost=($2,400,000 ÷ 150 employee)×50 Employee
Amortization of prior service cost=$16,000×50 employee
Amortization of prior service cost=$800,000
Inconclusion the amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
Learn more about Amortization of prior service cost here:https://brainly.com/question/22238482
Select the correct answer.
In a job Interview, what would be the most appropriate way to respond to the question, "How would you avoid a major crisis at work?
A. Explain that you believe you'll never face a crisis at work.
В. Talk about how you solved a similar work problem in the past.
C. State that you can handle any type of crisis that might arise at work.
D. Suggest that you would delegate the responsibility to someone else.
Answer: B
Explanation:
It shows that ur responsible enough to handle a crisis and that u have experince
When using enigma process data, it collects, cleans, organizes, integrates and analyzes the data. As a result, what is it doing?.
The enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.
What is a data acquisition?A data acquisition refers to the process of digitizing data from the environment so that its can be displayed, analyzed, and stored in a computer.
Hence, the enigma process data is doing a data acquisition when its collects, cleans, organizes, integrates and analyzes the data.
Read more about data acquisition
brainly.com/question/25564215
Claudia and Yves enter into contract for her to buy his condo. Under the statute of frauds, the written contract must _____, identify the subject matter of the contract, and present the essential terms and conditions of the contract.
The statute established that the written contract must be signed by both parties and present the essential terms and conditions of such contract.
What is the statute of frauds?Under a contract, it is a requirement that some contracts must be memorialized in writing and signed by both party with sufficient evidence to enforce the contract.
In conclusion, the statute of frauds made it necessary that the written contract must be signed and present the essential terms and conditions of such contract.
Read more about statute of frauds
brainly.com/question/14018717
China began pegging its currency, the yuan, to the dollar in 1994. Because the yuan has been ________ at the pegged exchange rate, the Chinese government ________ its reserves of dollars as the government purchased more ________ to maintain the pegged exchange rate.
China began pegging its currency, the yuan, to the dollar in 1994.
Yuan was undervaluedChinese government increased it's reservesGovernment purchased more dollarsWhat is currency pegging?
Thisn is the fixing of a nations currency at a fixed exchange rate with that of another country.
The monetary system of China decided to fix their nations exchange rate on the dollar in the year 1994.
Read more on currency pegging here: https://brainly.com/question/11160294
When open market operations are used to ____ bank funds, the yield on debt instruments ____. a. increase; increases b. reduce; decreases
Answer:
I believe the answer is reduce;increases.
Explanation:
It reduces the funds for the person and increases the yeild on deibt.
-Hope This Helps!
-Justin:)
Lisa works for an advertising agency and has presented her client with ideas for new commercials. After the presentation Lisa asks for ________ to determine if the clients correctly understood her message.
In order to find out if her clients understood her message, Lars must have asked for feedback.
What is the point of feedback?Feedback is based on the knowledge that a person acquires during a presentation or lesson.
When the presenter asks for feedback, the only way that the listeners can give them this information is if they were listening to the presentation which serves as evidence that they understood.
This is was Lars was going for so this is feedback.
Find out more on presentation strategies at https://brainly.com/question/13453381.
Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called ________- stock.
Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
What is preferred stock?Preferred stock is a type of stock that offers different rights to shareholders than common stock. Preferred stock holders receive regular dividends.
The above means that preferred stockholders in a corporation have a priority claim on the company's assets in terms of distribution during liquidation.
Hence, stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
Learn more about preferred stock here : https://brainly.com/question/18068539
Which type of credit involves a set limit based on what a consumer pays up front?
Loans
Installment credit
Secured credit cards
Unsecured credit cards
Answer:
Secured credit cards
Explanation:explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.
Answer:
Secured credit cards
Explanation:
If the government raises the minimum wage by 6%, the number of people employed falls by 2%. What is the elasticity of employment with respect to the minimum wage
Assuming the number of people employed falls by 2%. The elasticity of employment with respect to the minimum wage is -0.33.
Elasticity of employmentUsing this formula
Elasticity of employment=-Fall in number of employed people rate /Minimum wages rate
Where:
Fall in number of employed people=-2%
Minimum wages rate=6%
Let plug in the formula
Elasticity of employment=(-2/6)
Elasticity of employment=-0.33
Inconclusion the elasticity of employment with respect to the minimum wage is -0.33.
Learn more about Elasticity of employment here:https://brainly.com/question/8729849
Because it is Group of answer choices excludable but not rival in consumption, a tornado siren is produced by a natural monopoly. rival in consumption
Because it is neither excludable nor rival in consumption, a tornado siren is a public good.
What is a public good?This is a good that is provided in a society or community by the government of the place.
This good is not owned by any one it is a collective good. Hence it caters to the need of everyone.
Complete question:
Because it is a. neither excludable nor rival in consumption, a tornado siren is a common resource. b. rival in consumption but not excludable, a tornado siren is a common resource. c. excludable but not rival in consumption, a tornado siren is produced by a natural monopoly. d. neither excludable nor rival in consumption, a tornado siren is a public good.
Read more on public good here: https://brainly.com/question/24825090
#SPJ1
Hi!
1) What is contrct of partnership deed ?
Answer:
Partnership Deed
Explanation:
A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.
