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1 year ago

the three-term contingency becomes the four-term contingency if we add a. motivating operations b. punishers

1 answer:

5 0

The three-term contingency becomes the four-term contingency if we add Punishers. Hence, option B is appropriate.

<h3>What is the meaning of Contingency?</h3>

A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees dependent on remote work.

The words crisis, emergency, urgency, junction, pinch, straits, as well as strait are some popular synonyms for contingency. Even though all of these phrases refer to "a critical or crucial time and state of affairs," the word "contingency" suggests an emergency or urgency that is thought to be possible but unlikely to occur in emergency plans.

Hence, option B is correct.

Learn more about Contingency here:

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3 years ago

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Answer:

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Explanation:

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3 years ago

Phips Co. purchases 100 percent of Sips Company on January 1, 20X2, when Phips' retained earnings balance is $320,000 and Sips'

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Answer:

Phips' post-closing retained earnings balance on December 31, 20X2 = $577,000

Explanation:

Note: When 100% shares of a company is acquired it is treated as subsidiary and for its accounting equity method is used.

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= $120,000 + $20,000 - $8,000 = $132,000

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= $320,000 + 125,000 = $445,000

Total Retained Earnings at year end = $132,000 + $445,000 = $577,000

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3 years ago

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