Answer:
uncertainty
Explanation:
Uncertainty basically means an occurrence is lacking in assurance or certainty. Uncertainty in accounting refers to the inability to predict outcomes or results, because there is a lack of knowledge or foundations from which to create some assumptions.
The concept is often commonly used by the financial reporting, particularly given that there are many things outside the influence of a business that can significantly affect its activities. Because financial choice taking during times of uncertainty is much harder, many business owners avoid making one to avoid creating issues.
This is the concept of algebra, we are required to calculate the total time that Karla should spend in in reviewing, homework assignments and preparation for the next class.
Total number of classes=2
Number of credit hours=6 hours
Time taken for each class=6/2=3 hours
Number of hours for reviewing, homework and assignments should be equal to the amount of time spent in each of the classes. This will give us:
[number of hours]*[activities]
=3*3
=9 hours
Answer:
The amount allocated to ending inventory is $ 11,520
Explanation:
Using LIFO basis of inventory valuation implies that the items received last are sold first,in other words, sales of 160 units comes from the purchases of 240 units made on July 5,that leaves 80 units of the purchase in closing inventory.
However,the sale of 140 units on 30 July is taken from purchases of 120 units on July 21 as well as purchases of July 5.
The amount allocated to ending inventory is computed below:
July 5 60 units at $112 $6,720
opening inventory 40 units at $120 $4,800
Value of closing inventory $11,520
Answer:
The answer is true.
Explanation:
The managerial accounting must do:
-planning and desition support.
For example, fully absorbed and incremental costing, adaptive operation and cost-based planning, product process channel and customer strategic adaptatios, enterprise optimization.
-Performance evaluation and analysis.
Assessment of current strategy and plans, integrated cost operational performance measures, profitability reporting, process analysis.
Answer:
B
Explanation:
Perpetuity formula for present for present value to be invested today
Pv = C /R
where c is the amount of continuous cash payment and R is the interest rate
PV = $ 15000 / 0.09 = $ 166666.67 approx $ 166667