Answer:
The correct answer is True.
Explanation:
In the accounting field, it is the determination of the amount of a game in the absence of rules or criteria that with absolute precision set the standard for a fixed or accurate calculation.
Accounting estimates are usually linked to the uncertainty surrounding the consequences of events that have occurred, or also with the occurrence or non-occurrence of uncertain events in the future.
The social administrators and management have to make decisions on accounting estimates of some items, members of the financial statements, since there are no registration and valuation rules that offer a solution for their exact determination. From here, in order to approximate the amount of these items, value judgments will be unavoidably used.
Answer:
Summing up all of the money spent by consumers, businesses, and government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy
Answer:
The answer is C.
Explanation:
Option A is correct because a call option is in the money when the price of the underlying asset(S) is greater than the exercise price (X)
Option B is correct because a call option at the money when the price of the underlying asset(S) is equal the exercise price (X)
Option V is incorrect because a put option is in the money when the price of the exercise price(X) is greater than the underlying price (S). (X -S > 0)
Answer:
Net realizable value of Accounts Receivable is $4,580
Explanation:
Balance in allowance for uncollectible account= Balance before write off - Account written off
=$420 - $140
=$280
Net realizable value of accounts receivable is:
Particular Amount
Accounts Receivable balance $5000
Less: Account written off <u>$140</u>
Balance after write off $4860
Less: Allowance for uncollectible
account from step 1 <u>$280</u>
Net realizable value <u>$4,580</u>
When Kwame listens to a customer, and he pharaphrases the request or complaint of a customer to understand it, he is using an active listening skill called reflecting. It is an important skill to acquire the customer's idea, stating the idea back to the customer, and reapeat until it is confirmed that both ideas match which would mean understanding the statement correctly.
