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2 years ago

**Verifiability means that the accounting information:

1 answer:

7 0

Accounting information that has verifiability is one that D. must be capable of being checked for accuracy, completeness and reliability.

<h3>What is verifiability in accounting?</h3>

in accounting, data is considered to be verifiable if a third party can come up with the same information given the chance.

for this to happen, the data needs to be capable of being checked for completeness and reliability.

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True or False? The United States does not have publicly financed health insurance specifically for the unemployed.

iren [92.7K]

Answer:

True

Explanation:

The United States has no single nationwide system of health insurance.

In the event that an employed worker's spouse loses his/her job to lay-off, the insurance premium financed by the active worker for this family coverage should provide basic health benefits to unemployed workers and their dependents because government does not provide for such category of active group except for senior citizens.

Health insurance is purchased in the private marketplace or provided by the government to certain groups. Private health insurance can be purchased from various organizations such as profit commercial insurance companies or from non – profit insurers.

3 0

3 years ago

Account balances at the beginning of the year were: accounts receivable, $25,000; and inventory, $60,000. All sales were on acco

lara [203]

The Earnings per share is $3.5; Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.

<h3>Earnings per share</h3>

1. Earnings per share

Number of outstanding shares=Common stock/Par value

Number of outstanding shares=30,000/5

Number of outstanding shares=6,000

Earnings per share=Net income/Number of outstanding shares

Earnings per share=$21,000/6,000

Earnings per share=$3.5

2. Dividend payout ratio

Dividend payout ratio=Dividend per share/Earning per share

Dividend payout ratio=$2.10/$3.5

Dividend payout ratio=0.6×100

Dividend payout ratio=60%

3. Dividend yield ratio

Dividend yield ratio=Dividend per share/Market price per share

Dividend yield ratio=$2.10/$42

Dividend yield ratio=0.05×100

Dividend yield ratio=5%

4. Price-earnings ratio

Price-earnings ratio=Market price per share/Earning per share

Price-earnings ratio=$42/$3.5

Price-earnings ratio=12

Therefore the Earnings per share is $3.5; Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.

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7 0

3 years ago

In reviewing the purchase request package, you should ensure finding is available and?

ikadub [295]

In reviewing the purchase request package, you should ensure funding is available and required approvals and certifications have been obtained.

<h3>What is funding?</h3>

The act of providing resources to finance a need, program, or initiative is known as funding. While this is normally in the form of money, it can also be in the form of an organization's or company's work or time.

Asset financing is the borrowing or lending of money using a company's balance sheet assets, such as short-term investments, inventory, and accounts receivable. The corporation borrowing the funds is required to give the lender a security interest in the assets.

Retained earnings, borrowed capital, and equity capital are the primary sources of finance. Retained earnings from business operations are used by companies to expand or deliver dividends to shareholders. Businesses generate capital by either borrowing from a bank privately or going public.

To know more about funding follow the link:

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7 0

1 year ago

Research has shown that the biggest concern expressed by owners of family businesses about retaining family management is the fe

enyata [817]

The concern family businesses have about retaining family management is

that there may be a lack of innovation with the successors.

This is because all individuals have their respective interest, passion and

knowledge about certain things. The family member who set it up had

interest in the field which led to the establishment of the company.

When the individuals who are to take over have a different interest to what's

applicable then there will be a lack of innovation which is vital in promoting

the company's growth.

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4 0

3 years ago

Characteristics of a monopoly

Aleks04 [339]

Number of firms -one Nature of product-a unique product with no close substitute Entry- completely blocked Information - complete Collusion between sellers - irrelevant Firm's control over the price of product - considerable , but limited by market demand and goal of profit maximisation Demand curve of the firm's product - equals market demand curve : downward sloping Long-run economic profit - can be positive

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3 years ago

**Verifiability means that the accounting​ information:

**Verifiability means that the accounting information: