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Alika [10]
2 years ago
14

Explain what the time period assumption means.

Business
1 answer:
Vsevolod [243]2 years ago
7 0

Time period assumption means that a corporation bases its financial reporting on the periods it chooses. It is an accounting method that allows businesses to present their earnings and balance sheets more positively than if they used one of the other methods.

The assumption time period principle is an accounting theory that states that a company's financial statements should be appropriate for a specified time period. the time period covered by the financial statement An income statement or a statement of cash flows. The balance sheet, on the other hand, is dated as of a certain date rather than a range of dates.

To learn more about assumption, click here.

brainly.com/question/14511295

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Period costs are the​ ________. A. product costs that must be paid in the accounting period in which they are incurred. B. sam
-BARSIC- [3]

Answer:

C. operating costs that are expensed in the accounting period in which they are incurred

Explanation:

Non Manufacturing expenses are Period costs. Period Costs are the operating costs that are expensed in the accounting period in which they are incurred. Examples include selling and administrative expenses.

Remember All Manufacturing expenses are Product Costs and are used in Inventory Valuation, Setting Selling Prices and Profit determination.

4 0
3 years ago
When it comes to market sizing, things tend to be a bit __________ for b2b sellers compared to b2c sellers.
snow_tiger [21]

In relation to market sizing, matters tend to be a bit simpler for b2b sellers as compared to b2c dealers.

The "marketplace sizing" is made from the entire wide variety of capacity shoppers of a service or product inside a given market, and the entire revenue that these sales might also generate. it's crucial to calculate and understand marketplace size for several reasons.

Market sizing research affords insights into market funding decisions and ambitions to discover the ability of a marketplace in terms of length and profitability.

Everyday market length (NMS) is the minimum range of stocks that market makers ought to deal with in a transaction for that specific stock at a specific charge. normal market length way that there may be an assured bid and offer in the inventory to maintain expenses and trades flowing.

Learn more about market sizing here: brainly.com/question/13859545

#SPJ4

4 0
2 years ago
Quinn has capacity to make 950,000 zippers per year, but due to a soft market, only plans to produce and sell 620,000 zippers ne
Gekata [30.6K]

Answer:

$22,500

Explanation:

The computation of the total cost saving is shown below:

= Cost saving × number of zippers needed

= $0.25 × 90,000 zippers

= $22,500

We simply multiply the cost saving with the needed zipper so that accurate amount can come

The cost saving would be

= Outside supplier price - transfer price

= $3.50 - $3.25

= $0.25

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a: a. no
Ivanshal [37]

Answer:

a. non-sampling risk.

Explanation:

  • A non-sampling risk includes all the audit risk other than the sample risk and is stated as the probability of getting to an incorrect conclusion in the site of having a correct sample. Examples include the  inappropriate audit procedures.
7 0
3 years ago
In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
AleksandrR [38]

Answer:

I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.

<u>Here's some ideas:</u>

<em>INTRO</em>

--> Introduce your topic/argument

(make sure to include a thesis statement!!)

First, show the reader how damaging stress can be to the employee by explaining it's negative impact on the employee's wellbeing:

  • Symptoms of stress and ways that it negatively impacts employees specifically.
  • Mention how stress reduces productivity and site research about it.

Point out how common stress is within the workplace by using stats or current day examples:

  • Statistics about the huge percentage of people who report feeling stressed out from work.
  • Use the current day example of how the current pandemic has had a massive impact on the stress especially on healthcare workers.
  • Main point: <em>stress is a very common and serious problem among employees</em>.

<em>BODY</em>

Argue how organizations DO have an ethical responsibility to help employees deal with stress:

  • Point out how it's a very serious problem.
  • Argue that an organization who chooses not to help is a bad organization.
  • Show examples in history where organizations did not take good care of their employees.

To further strengthen your argument, mention how beneficial it is for the organization itself to provide resources for employees to help them manage their stress:

  • Provide statistics on the usefulness of stress-management programs within the workplaces (example: INCREASES PRODUCTION).
  • Argue how happier employees also tend to function better in the workplace because they feel supported.

<em>CONCLUSION</em>

--> Summarize your essay

  • Summarize your main points and restate your thesis statement here.
5 0
3 years ago
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