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Zolol [24]
2 years ago
5

All liabilities involve a probable ____ sacrifice of economic benefits and arise as a result of _____ transactions or events.

Business
1 answer:
stira [4]2 years ago
8 0

All liabilities involve a probable future sacrifice of economic benefits and arise as a result of past transactions or events.

A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied. Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed. A liability is an unfulfilled or unpaid obligation owed by one party to another. A financial liability is an obligation in the world of accounting, but it is more specifically characterized by previous business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future.

More about liabilities brainly.com/question/14921529

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Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121
Sloan [31]

Answer:

The predetermined overhead rate is closest to $12.10 per hour

Explanation:

Predetermined overhead rate = (Estimated total fixed manufacturing overhead / Estimated direct labor hours)  

Predetermined overhead rate =($121,000 / 10,000)

Predetermined overhead rate = $12.10 per hour

7 0
3 years ago
1. What is the London Underground?
beks73 [17]
1. London UnderGround is a public rapid transit<span> system that connects various cities in England.
London Underground is the first underground railway that ever created in the world and predicted to carry approximately more than 1.3 Billion Passengeeach year.

2. The original problem was that there's too much traffic on the street of London during that time., which reduce people's overall productivity because they have to spend a large amount of their time stuck on the road. Even until this day, this problem is not 100% resolved.

3. The major difference would be the transportation vehicle and the number of lines.
Initially, London underground was a pedestrian tunnel with only one line. In current time, London underground is a train transportation system with 13 lines that connect various cities.

4. Cross rail is the latest line that created in London Underground, which opened up a new route Between </span><span> Maidenhead and Heathrow.
</span><span>This line is about 118 Kilometers in length and is planned to be ready to use by December 9th 2018

5. TBM stands for </span>tunnel boring machines<span> .
</span>tunnel boring machines  are the equipment that is used to excavate tunnels through soil and rocks. Compared to other method, tunnel boring machines provide less disturbance,  smoother tunnel wall, and less chance to destroy the foundation on the upper ground.
<span>
6. Eye of the needle refers to the </span><span> very crowded space that the Tunnel Boring much get through in order to create the Tunnel.
</span><span>This particular region tend to be realy hard to handle because small mistakes could make the tunnel walls to crumble and cause many harms to the workers underneath it.

7.  I  believe the biggest challenge would be grathering necessary budget.
the investment in creating underground tunnel, commonly only produce return of investmant in around 10-15 Years.
So, finding the orgaizations who are willing to take this risk is extremely difficult.

8. They allocate the engineers to both the bottom and upper ground at the same time.
The botto team is responsible in creating the tunnel, the upper team is responsible in identifying several characteristics such as Crack on the ground or hollow space.</span>
3 0
3 years ago
Justin is in charge of the central region, with several dozen stores reporting to him. Last year, he analyzed sales data for dem
BlackZzzverrR [31]

Answer:

Letter A is correct. <u>Justifying past decisions.</u>

Explanation:

Alternative A is correct, as Justin is justifying past decisions in order to find arguments to support a failed decision.

When a decision does not meet the expected expectations, it is common for the individual to seek information and justifications to support his point of view on a particular decision, so in order to be able to justify himself about a failure, they avoid information that contradicts them.

In this case, the information is collected and interpreted according to the individual perspective.

3 0
3 years ago
Vanessa grant is responsible for controlling expenses, but is not responsible for generating revenues. vanessa grant is a manage
rewona [7]

Vanessa Grant is responsible for controlling expenses, but is not responsible for generating revenues. Vanessa Grant is a manager of a(n):

Cost Center

What do you mean cost center?

A cost center is basically a department or function under an organization that do not directly increases profit but still costs the organization money to operate. Cost centers only provide to a company's profitability indirectly, unlike a profit center, which gives to profitability directly through its actions.

What is an example of a cost center?

Instances of cost centers contains  the accounting, human resources, IT, maintenance, and research & development departments. A cost center can be assumed  at a smaller level than a department. It could contain  a particular job position, machine, or assembly line.

Learn more about cost center:

brainly.com/question/1156860

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6 0
2 years ago
In the treatment of U.S. exports and imports, national income accountants _____. rev: 04_09_2018 Multiple Choice subtract export
pogonyaev

Answer:

The correct answer is: add exports but subtract imports in calculating GDP.

Explanation:

National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.

In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.

6 0
3 years ago
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