____ can be defined as the degree to which an obtained measure represents the true level of the trait being measured.

A company recently moved to a new building. The old building is being actively marketed for sale, and the company expects to com

lana66690 [7]

Answer:

D. It will be valued at historical cost.

Explanation:

Building held for sale is classified as current asset and it will not be depreciated further as it will be sold in near future. It will be recorded on the lower of cost and fair market value of the building and appears on the balance sheet in current account section. So the statements is correct regarding the old building, except D. It will be valued at historical cost.

6 0

3 years ago

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The market for diamond rings is closely linked to the market for high-quality diamonds. If a large quantity of high-quality diam

puteri [66]

Answer:

b. supply curve for diamond rings will shift right, which will create a surplus at the current price. Price will decrease, which will increase quantity demanded and decrease quantity supplied. The new market equilibrium will be at a lower price and higher quantity

Explanation:

This question isn't complete. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/market-diamond-rings-closely-linked-market-high-quality-diamonds-large-quantity-high-quali-q34930995

High-quality diamonds are an input used in the production of diamond rings. If the supply of high quality diamonds increases, it implies that the production of diamond rings would increase. As a result of the increased production, the supply curve would shift to the right. This would lead to an excess of supply over demand known as a surplus. This would cause equilibrium price to fall and quantity to rise.

I hope my answer helps you

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3 years ago

Credit memos are created when a product is returned. Credit memos reduce A/R (accounts receivable) by crediting the account, and

sergeinik [125]

Answer:

Consider the following analysis.

Explanation:

Sales/Deals Returns and Allowances :

Deals returns and remittances is a detail showing up in the wage explanation. At the point when this sum is huge in extent to add up to deals, it shows that a business is experiencing difficulty transporting amazing products to its clients.

The business returns and remittances line thing is displayed as a subtraction from the gross deals line thing, and is proposed to decrease deals by the measure of item comes back from clients and deals stipends allowed. It is followed in the pay proclamation by a net deals line thing, or, in other words that includes the gross deals line thing and the negative sum in the business returns and recompenses line thing.

This detail is the conglomeration of two general record accounts, which are the business returns account and the business recompenses account. Both of these records are contra accounts, which implies that they counterbalance net deals. The normal equalization in these records is a charge, or, in other words of the common credit balance in the gross deals account.

The two records may at times be joined into a solitary record in the general record. This commonly happens when the parities in these records are generally little, so there is no reason for following returns and stipends independently.

The extra stock raised from the business return and stipends must be added back to the stock by following advances and records:

1). On consistent schedule, all stock so raised by deals return and stipends must be reclaimed to the stock by issued stock got back note.

2). At the point when an item is physically returned, it builds stock and reductions related expense of products sold perceived at the season of offer. The accompanying diary passage is made :

Inventory A/c Dr

To Cost of goods sold A/c

(Debit the inventory and Credit the cost of goods sold)

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3 years ago

2. Select the correct sentence for errors in the preceding report. 1. Sales salaries, promotional expenses, corporate office ins

Sever21 [200]

Answer:

1

Explanation:

Manufacturing Overhead sometimes also referred as Factory Overhead includes only those costs which are directly traceable to the production of a product i-e, Direct labor and Material Costs.

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3 years ago

Kathy has taken a job with her ideal company and is excited to start in their sales department. Kathy is going to be spending so

Amanda [17]

Answer: Option (E)

Explanation:

E-business also known as online business is also referred to as any type of commercial transaction or business that tends to include sharing of information and data across internet. Commerce mostly constitutes exchange of commodity, products and other services in between groups, businesses and also individuals and thus can be easily seen as an essential activity of a business organization.

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3 years ago