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Kamila [148]
3 years ago
10

A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies

on environmental management indicating that corporate social responsibility practices have become an insignificant factor in determining where multinational corporations conduct business.True / False.
Business
1 answer:
creativ13 [48]3 years ago
7 0

Answer:

False

Explanation:

It is not necessary to have board-approved policies on environmental management as the only way to indicate that corporate social responsibility practices have become an insignificant factor in determining where multinational corporations conduct business.

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Hitzu Co. sold a copier costing $4,500 with a two-year parts warranty to a customer on August 16, 2015, for $9,000 cash. Hitzu u
dedylja [7]

Answer:

1. How much warranty expense does the company report in 2015 for this copier?

  • $360

2. How much is the estimated warranty liability for this copier as of December 31, 2015?

  • $360

3. How much warranty expense does the company report in 2016 for this copier?

  • $0

4. How much is the estimated warranty liability for this copier as of December 31, 2016?

  • $229

5a. Record the sale of a copier for $9,000 cash.

Dr Cash 9,000

    Cr Sales revenue 9,000

5b. Record the cost of goods sold of $4,500.

Dr Cost of goods sold 4,500

    Cr Inventory - merchandise 4,500

5c. Record the estimated warranty expense at 4% of the sales.

Dr Warranty expense 360

    Cr Warranty liability 360

5d. Record the cost of $131 towards repair of copier on November 22, 2016.

Dr Warranty liability 131

    Cr Inventory - repair parts 131

7 0
4 years ago
If the administrator prohibits investment advisers in that state from taking custody of customer funds or securities, then the i
Ket [755]

The investment adviser would not be permitted to accept securities from a customer that are registered in customer name if administrator prohibit him from taking custody of customer, as per Securities and Exchange Commission.

As per the Securities and Exchange Commission, The Commission has amended the custody rule in accordance with the Investment Advisers Act of 1940. The amendments modernize the rule by bringing it in line with modern custodial practices and requiring advisers who have custody of client funds or securities to keep those assets in the custody of broker-dealers, banks, or other qualified custodians. The amended rule also defines "custody" and illustrates situations in which an adviser has custody of client funds or securities. The amendments are intended to improve client asset protection while reducing the burden on advisers who have custody of client asset.

Learn more about Securities and Exchange Commission here:

brainly.com/question/28066418

#SPJ4

8 0
2 years ago
Creative Solutions Company, a computer consulting firm, has decided to write off the $13,780 balance of an account owed by a cus
wlad13 [49]

Answer and Explanation:

The journal entry for recording the bad debt expense is shown below:

a.  In case of when direct write off method is used

Bad debt expense $13,780  

             To Account receivable-Wil Treadwell $13,780

(Being bad debt expense is recorded)

Here the bad debt expense is debited as it increased the expenses and credited the account receivable as it decreased the assets

b. In case of when allowance method is used

Allowance for doubtful accounts $13,780  

          To Account receivable-Wil Treadwell $13,780

(Being the allowance is recorded)

Here the allowance is debited as it increased the assets and credited the account receivable as it decreased the assets

3 0
3 years ago
I Just need somebody to check my test for me please .. And if i got some wrong explain why ? Thanks to anyone for the help i rea
GarryVolchara [31]
<span>Margaret Rousseau developed techniques to mass-produce: penicillin. Explanation: Margaret Rousseau was a chemical engineer who designed the first penicillin production plant

   An entrepreneur is best defined as a person who: takes financial risk to try new business ideas Explanation: The element of financial risk is inherent in entrepreneurship.</span>
7 0
3 years ago
The five restaurants in your town have monthly rent costs of: $6,350, $5,745, $11,870, $15,255, &amp; $26,432. What is the mean
Temka [501]

Answer:

$13,130.4

Explanation:

Mean is a measure of average. It is used to calculate the average of a given set of data.

Mean = Sum of Terms/Number of Terms

Monthly Mean Rental Cost = Total rental cost / Number of rents

= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5

= $65652/5

=$13,130.4

7 0
3 years ago
Read 2 more answers
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