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Diano4ka-milaya [45]
2 years ago
11

True or false: GAAP require end-of-period adjustments for the estimated bad debts in the period of the credit sale even though t

he specific, non-paying customers have not yet been identified. True false question. True False
Business
1 answer:
Feliz [49]2 years ago
6 0

The given statement can be marked as true because the expense recognition principle requires an estimated expense be reported in the same period as the related credit sale rather than later when the customer is identified.

<h3>What is the GAAP?</h3>

GAAP refers to the Generally Accepted Accounting Principles, which is a set of collection of rules and procedures for financial reporting.

The purpose of GAAP is to create a consistent and comparable method of accounting which ensures that a company's financial records are complete and homogeneous.

It also gives a complete picture of the company's financial position.

Learn more about the GAAP here:-

brainly.com/question/24107590

#SPJ1

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Handcrafts &amp; Hobbies Store agrees to hire Iliana for one year at a salary of $600 per week. When Handcrafts &amp; Hobbies ca
natta225 [31]

Answer:

The difference between the wages at the two jobs plus 150.00.

Explanation:

There was a contract of one year and as per Severance pay h and H has to pay this amount.

5 0
3 years ago
Another word for ______ incentives is "rewards." Generally, these become more effective when coupled with ____ incentives. For e
IgorC [24]

Answer:

Another word for <u>Financial</u> Incentives is "rewards." Generally, these become more effective when couples with <u>Non-Financial</u> incentives.

For example, a <u>high ranking</u> grade in a class means more when it is possible to<u> get cash reward for that</u> grade.

             

The topic from which this question is derived is related to the study of Labor Grades and Rank and the Impacts of Non-Financial Incentives on Test Performance

Cheers!

7 0
4 years ago
Kate and Bill secured a loan with a 75% loan-to-value ratio. The interest rate was 7.125% and the term was for 30 years. The fir
Volgvan

An appraised price is an evaluation of a property's fee-based totally on a given factor in time.

An appraised cost is an evaluation of a property's value based totally on a given factor in time. The evaluation is accomplished by means of a professional appraiser for the duration of the mortgage origination technique. The appraiser is normally selected by way of the lender but the appraisal is paid for by way of the borrower.

Actual property professional opinion is typically towards the idea of paying extra than a property's appraised price. Even if you make up the difference on below-appraised assets, you may have assets well worth much less than what you paid.

If buyers are few and far among whilst you list your house, there may be a hazard the marketplace cost may be lower than the appraised price. then again, in case you're seeing a ton of interest in your own home from a couple of consumers, you could discover that the marketplace value is better than the appraisal value.

Learn more about appraised value here: brainly.com/question/26080329

#SPJ4

4 0
2 years ago
Suppose that TapDance, Inc.’s, capital structure features 65 percent equity, 35 percent debt, and that its before-tax cost of de
stealth61 [152]

Answer:

WACC 8.53600%

Explanation:

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

The Weighted average cost of capita lconsiders the weight of the equity times the cost of it.

And the wight of the dbet times the cost of financing after the tax shield.

Ke 0.11000

Equity weight 0.65

Kd 0.06

Debt Weight 0.35

t 0.34

WACC = 0.11(0.65) + 0.06(1-0.34)(0.35)

WACC 8.53600%

7 0
3 years ago
Although Elton Mayo originally intended to collect data for a traditional scientific management study, his breakthrough research
erastovalidia [21]

Answer:

True

Explanation:

George Elton Mayo was well known for his theory about the human relations management which shed lights on things that drive employees motivation. The theory also tells about the factors which affects the productivity of employees, this lead to extensive research in this field which extended the field of human relations management. So it is true that scientific management study has a great contribution from Elton Mayo that lead to further studies of factors that increases the productivity of the employees.

4 0
3 years ago
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