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kotegsom [21]
3 years ago
10

Lindley company is interested in verifying previous job responsibilities held by its applicants. the selection technique that wi

ll be most helpful in obtaining this information is the
Business
1 answer:
Dvinal [7]3 years ago
6 0
The selection technique that will be most helpful in obtaining this information is the REFERENCE CHECK. Reference check in this case involves contacting the applicants previous employers in order to obtaining necessary information about them. 
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In October of the current year, received a $15,520 payment from a client for 32 months of security services she will provide sta
sleet_krkn [62]

Answer:

a. When must Janine recognize the income from the $17,360 advance payment for services if she uses the cash method of accounting?

  • 3. Year 0

Cash method of accounting recognizes revenues and expenses when they are received or paid for.

b. When must Janine recognize the income from the $17,360 advance payment for services if she uses the accrual method of accounting?

  • 1. Year 0 and Year 1

c. Suppose that instead of services, Janine received the payment for a security system (inventory) that she will deliver and install in year 2. When would Janine recognize the income from the advance payment for inventory sale if she uses the accrual method of accounting and she uses the deferral method for reporting income from advance payments? For financial accounting purposes, she reports the income when the inventory is delivered.

  • 1. Year 2

She will recognize revenue only after the merchandise is delivered.

d. Suppose that instead of services, Janine received the payment for the delivery of inventory to be delivered next year. When would Janine recognize the income from the advance payment for sale of goods if she uses the accrual method of accounting and she uses the full-inclusion method for advance payments?

  • 5. Year 0

Under this system, advanced payments are considered revenue on the year that they were received.

4 0
3 years ago
All other factors being equal, what would the premium be like in a survivorship life policy as compared to the premium in a join
Marizza181 [45]

Answer: The correct answer is "B. lower".

Explanation: The insurance premium is one of the central elements of the contract since it is the price that the insured pays for the coverage he receives. Its value will depend on the type of risk insured and is always fixed in advance by the insurance company. It must be sufficient for the insurer to face the insured risk, calculating that not all the insured will need the coverage, that is, statistically, there is a probability that it will happen or not.

The premium is lower in a survivorship life policy as compared to the premium in a joint life policy.

3 0
3 years ago
1. Given the nominal interest rate of 17​% and the expected inflation of 13​%, then the value of the real interest rate is ___ ?
Veronika [31]

Answer:

According to fisher equation

(1+nominal Interest rate)=(1+real interest rate)(1+inflation)

1) So 1.17=(1+R)(1.13)

1+R=1.17/1.13

R=1.035-1

R=0.0353

Real interest rate = 3.53 percent

2) (1+NIR)= 1.03*1.04

  1+ NIR= 1.072

NIR= 0.072

Nominal interest rate = 7.2 percent

A lender prefers a higher real interest rate as he will earn more money on the amount he has lend if the real interest rate is higher.

A borrower will prefer a lower real interest rate as he will have to pay lower interest payments on an amount if the real interest rate is lower.

Explanation:

6 0
3 years ago
According to the u.s. census, the multigenerational household has increased more than a third between 1990 and 2000, and represe
mixas84 [53]
According to the u.s. census, the multi generational household has increased more than a third between 1990 and 2000, and represents 4.8% of all households in america. A multi generational household is a household that consist of more than two generation living in the same roof. For example, a household that consist of the householder, the child, and the grandparents or the householder parents<span>.</span>
3 0
3 years ago
Why would a smart person keep at least a $100 balance in their checking account
Delvig [45]
It’s going to be A and it’s self explanatory so i don’t have an explanation
8 0
3 years ago
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