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1 year ago

Which type of accounting information is intended to satisfy the needs of external users of accounting information

1 answer:

3 0

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

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When she was in college, Kiersten Walburg wrote a case study on Grokster, an online peer-to-peer (P2P) file-sharing network, and

Pavel [41]

Answer:

File-Sharing and Copyrights

1. Making material available on a P2P network or through the cloud is called Select (file-sharing/ obtaining copyright protection) .

2. Is file-sharing always prohibited? Select (Yes/ No) .

3. File sharing is prohibited Select (when it is used to download and store copyrighted music/when it is used to listen to music) .

4. Under the Digital Millennium Copyright Act, a person who file-shares Select (can/ cannot) use the fair use doctrine to justify the file-sharing.

5. Montgomery notified Walburg that she had been identified as engaging in the unauthorized trading of music. She replaced the hard drive on her computer with a new drive that did not contain the songs in dispute. Walburg Select (can/ cannot) remedy her wrongful conduct by replacing her hard drive?

6. Why or why not? The illegal file sharing Select (was/ was not) already done.

7. Who is an innocent infringer? A person who Select (is/ is not) aware and had no reason to believe that his or her acts constituted copyright infringement.

8. Walburg likely Select (was/ was not) an innocent infringer.

9. Why? She had written a case study on Napster and knew file sharing was Select (right/ wrong) .

10. It is Select (likely/ not likely) that Walburg replaced her hard drive to conceal her acts.

11. If that is true, Walburg's act of replacing her hard drive Select (was / was not) ethical.

12. If Walburg did commit an illegal act in sharing copyrighted material without earning a profit, she Select (can/ can not) face criminal sanctions .

13. A court likely Select (would/ would not) find Walburg liable for copyright infringement.

Explanation:

Copyright infringement is like plagiarism. It is the wrongful use of another person's copyrighted works or words, as if they were their own and without obtaining copyright permission from the copyright owner. It is illegal while plagiarism is unethical.

3 0

3 years ago

Fiesta28 [93]

Answer:

BAUM, UNIDO, and DEPSA all refer to types of project development cycles.

A. The BAUM project lifecycle refers to the World Banks' project development cycle as described by Warren Baum.

The BAUM project life cycle features 6 stages namely:

identification of opportunity
preparation for the project
appraisal of the project
negotiations related to the project
implementation and supervision of the project and
ex-post evaluation

B. UNIDO - The UNIDO model features three major stages which are also broken down into various steps.

Pre-investment phase

This phase is further divided into:

A study of the opportunity presented. This has to do with identifying ideas to be invested in.
Pre-feasibility study. This stage involves the formulation, and selection of project alternatives)

Feasibility study. When the project is selected, then it is tested to economic feasibility.
Submission of report on the evaluation

2. Investment phase

This stage is further broken down into:

Project design stage: At this stage, the criteria for success, and key deliverables are spelt out.
Construction stage (For engineering or building projects)
Pre-production marketing stage

Training of staff
Kick-off stage

3. Operational phase

This is also broken down into:

Replacement of equipment due to wear and tear or upgrade to better technologies

Development, invasion or liquidation states.

C. DEPSA stands for "Development Project Studies Authority".

This variant of the Project Lifecycle also consists of three major stages. They are:

Pre-investment phase
Investment and
Operation

The DEPSA stage is very similar to the UNIDO project life cycle. Both are defined according to an Investment Cycle paradigm and that's the reason why you have pre-investment, investment and operations phase for both methodologies.

Whilst the UNIDO model is more 'universal' in that it speaks to a wide range of businesses including engineering projects, DEPSA seems a little skewed towards engineering projects.

This is evident in the terminologies used in the investment phases. With DEPSA you would notice terms like 'detailed engineering design'

'construction', and 'erection'. The UNIDO the investment phase contains engineering terms but also speaks to 'marketing' and 'training'

While the BAUM project lifecycle contains all the basic stages in the DEPSA and UNIDO life cycles, it holds a universal outlook and seems applicable to both business and engineering projects.

Cheers!

5 0

3 years ago

Examine the scenarios to determine the protected status, unprotected status, existence, or non-existence of a trade secret.

DedPeter [7]

Answer:

Protected status

Explanation:

In simple words, the trade secret is said to be protected when it has an economic value to the founding company or the company handling it and anyone who is exposed to the information regarding that is legally bound to not to disclose it.

Thus, from the above we can conclude that the given scenario indicates protected status.

6 0

2 years ago

Which political system favors an economic structure in which the means of production are owned and monitored by the government?

Snezhnost [94]

A communism political system favors an economic structure in which means of production are owned and monitored by the government. A communist economy means that the government will control the majority of factors centered around production. They will determine where resources should be used and what type of goods and services will be produced.<span> </span>

7 0

3 years ago

Read 2 more answers

Turnbull Corporation is constructing an office building that it will use in its business. Construction of the building started i

Scorpion4ik [409]

Answer: $12000

Explanation:

The amount of interest should Turnbull include in the cost of the building from the current period will be calculated as the outstanding debt multiplied by the interest rate. This will be:

= $200,000 × 6%

= $200,000 × 6/100

= $200,000 × 0.06

= $12,000

Therefore, the correct option is C.

5 0

3 years ago