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Inessa [10]
3 years ago
5

The best time to establish reasonable controls is when they are first needed during the project.

Business
1 answer:
VashaNatasha [74]3 years ago
3 0

The best to establish reasonable control in the project is at the start of the project but not when they are first needed during the project.

As we can keep a control or keep some standards at initial stages but now when required. This would then provide best results rather than keeping controls when needed in the project to keep the time saved mostly.

Hence the statement is false.

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In _______, data from transactions are collected over time and then processed all at once.
aivan3 [116]
The correct answer that fills in the blank is the real time data processing for it describes the statement above. The real time data processing includes of ongoing processes which is done in a short period of time that is why transactions that are collected are immediately and processed at once.
3 0
3 years ago
If anderson applies the initial value method in accounting for kenneth, what is the consolidated balance for the equipment accou
Xelga [282]

If Anderson applies the initial value method in accounting for Kenneth, the consolidated balance for the Equipment account as of December 31, 2021 will be $1,104,000.

Excess amortizations: (120,000 - 90,000 = 30,000/10 = 3,000 per year).

2021 Balance Goehler BV 975,000 + Kenneth BV 105,000 + Fair value adjustment 30,000 - amortization for 2017 and 2018 (3,000 × 2) = 1,104,000

What is Equipment account?

Equipment is a long-term asset account that records the cost of the equipment and is noncurrent. The income statement account will be debited for equipment depreciation over the course of its useful life Depreciation Expense and crediting the balance sheet account Accumulated Depreciation.

A company's usage of equipment as a type of fixed asset is recorded on the balance sheet under the line item "property, plant, and equipment" in the long-term assets section. Equipment is capitalized rather than immediately expensed when it is bought and put into operation. This makes sense given that these are regarded as concrete, long-term assets that help the company over a considerable amount of time. The cost of the assets is then written down throughout the duration of the machinery's useful life.

To know more about asset refer:

brainly.com/question/14404094

#SPJ4.

Disclaimer- The question was incomplete. Check below the full question.

Anderson Inc. acquires all of the voting stock of Kenneth, Inc. on January 4, 2020, at an amount in excess of Kenneth's fair value. On that date, Kenneth has equipment with a book value of $90,000 and a fair value of $120,000 (10-year remaining life). Anderson has equipment with a book value of $800,000 and a fair value of $1,200,000 (10-year remaining life). On December 31, 2018, Anderson has equipment with a book value of $975,000 but a fair value of $1,350,000 and Kenneth has equipment with a book value of $105,000 but a fair value of $125,000.

If Anderson applies the initial value method in accounting for Kenneth, what is the consolidated balance for the Equipment account as of December 31, 2018?

3 0
1 year ago
One of the basic premises in finance is that when the risk of an investment is high, the rate of return required by the investor
Aleks04 [339]

Answer:

A. High

Explanation:

When an investment is considered risky, investors would demand a high rate of return as compensation for holding a risky investment.

The required rate of return is usually higher than the short term t bills rate.

I hope my answer helps you.

5 0
3 years ago
A disadvantage of using the Web to communicate with potential customers is that it does not offer the cost savings of mass media
labwork [276]

Answer:

<u>False</u>

Explanation:

Remember, the word mass media encompasses the use of the internet or web to communicate information.

The cost savings of the web sprangs from digital media which is a form of mass media.

Therefore, a company using the Web to communicate with potential customers  is achieving cost savings through a form of mass media called the <em>digital media.</em>

<em />

5 0
3 years ago
Positive analysis neutral analysis normative analysis is concerned with what is​, and ▼ positive analysis neutral analysis norma
GuDViN [60]
Here are the answers in order: <span>Positive, normative, positive
Positive analysis usually used to find the most efficient way to solve a problem regarding the cost (sometimes it even involve something harsh and unethical)
Normative analysis refers to what should've been done after considering ethical value

</span>
7 0
3 years ago
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