Answer:
The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold, the same effects would occur if the insurance costs were chargeable to expense as a period cost
Explanation:
Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.
Answer:
(1) effects of large families on child development, (2) educational problems, (3) lags in new technology, (4) increased inequities in agriculture, (5) unemployment and underemployment.
Explanation:
you can choose 3 from those.
The answer is Ayn Rand.
Ayn Rand was an egoist who believed the right goals or actions are the ones that ensure survival and also contemplated that it would not be rational to act in ways that may make the individuals from your group need to hurt you.<span> She called her theory as </span><span>rational </span>egoism<span>. </span>
Answer:
D)- When employees see performance measures as fair, they are likelier to apply the feedback.
Explanation:
There is a book named 'the 4 disciplines of execution' where the author relates the importance of metrics in the performance of the team. Having the measures in mind permit us to compare and react to the objectives demanded by the organization.
Checking accounts are better for everyday transactions such as purchases, bill payments and ATM withdrawals. They typically earn less interest — or none. Savings accounts are better for storing money and earning interest, and because of that, you might have a monthly limit on what you can withdraw without paying a fee.