Which transactions that needs to be reconciled between the bank statement and the books is likely the result of time lag?

_____ occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput incre

Alja [10]

 The Economies of scale  occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.

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3 0

3 years ago

It is permissible for information to flow in a backtracking or a crisscrossing pattern through an office as long as the employee

Shtirlitz [24]

Answer:

The statement is false

Explanation:

The statement is false as, it is not allowed or permissible for information to flow in criss- cross or back tracking pattern in the office as long as the employees did not complain. The information is very crucial for every business, and the person or individual or employee should disclose the information in any manner un till it is permissible by the higher authorities or necessary to shared among them.

8 0

3 years ago

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The project is slightly behind schedule. Things would be worse, except for the fact that the project manager makes daily follow-

const2013 [10]

Answer:

C. Team buy-in

Explanation:

It is correct to say that the attitude of constantly pushing the team to carry out the project is influenced by the team's lack of commitment.

This occurs when there are a number of problems in the project team, which can be caused by personal conflicts between the project members, lack of communication, lack of integration and difficulty in understanding the project objective.

The attitude of the project manager corresponds to a management support, which guarantees the continuity of the project through an effective management that coordinates and controls the project and prevents problems from becoming bigger and impacts on the realization of the project.

4 0

3 years ago

USAco, a domestic corporation, manufactures widgets for sale worldwide. In year 2020, USAco had $10 million of net income relate

Gala2k [10]

Answer:

USAco

As a result of these activities, USACo will be allowed a Foreign Derived Intangible Income ("FDII") deduction of _______________

$236,250.

Explanation:

a) Data and Calculations

Net income = $10 million

Export sales income = $3 million

Normal tax on $3 million at 21% = $630,000

FDII 13.125% tax on $3 million = $393,750

Difference = $236,250

b) A foreign derived intangible income (FDII) arises from the ownership, sale, or exchange of intangible property, patents, copyrights, trademarks, trade names, or other products tied to intangible assets by USACo, which entitles it to make a tax deduction of the calculated amount or to be taxed at a reduced tax rate of 13.125% instead of the normal 21% corporate tax rate. The FDII is aimed at encouraging US-based corporations to export more goods and services while locating more intangible assets in the US.

3 0

3 years ago

Action Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 20

STALIN [3.7K]

Answer:

Explanation:

1. Monthly insurance = (1140/12) =120

Insurance expenses = 120* 7= 840

Debit insurance expenses 840 , Credit prepaid insurance 840

2. Rent in advance for 5 months = 5800

Monthly rent = 5800/5 =1160

Rent for 4 months till December 31 = 1160*4 = 4640

Debit rent expenses 4640 , Credit Prepaid rent 4640

3.Unearned revenue for 9 months = 4230

Monthly revenue = 470

Revenue earned = 470*4 =1880

Debit revenue 1880 , credit unearned revenue 1880

4.Prepaid cleaning expense 950* 2 = 1900

Debit cleaning service 950 , credit prepaid cleaning service 950

5.Unearned cash revenue =1400

cash revenue earned = 1400-350 = 1050

Debit revenue 1050 , credit unearned revenue 1050

7 0

4 years ago