1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zanzabum
2 years ago
6

Gore Inc. recorded a liability in 2021 for probable litigation losses of $2 million. Ultimately, $5 million in legitimate warran

ty claims were filed by Gore's customers. Multiple Choice Gore has made a change in accounting principle, requiring retrospective adjustment. Gore needs to correct an accounting error. Gore is required to adjust a change in accounting estimate prospectively. Gore is not required to make any accounting adjustments.
Business
1 answer:
KengaRu [80]2 years ago
4 0

Answer:

Gore is not required to make any accounting adjustments

Explanation:

Gore won't be required to make any accounting adjustments because the litigation loss is already $2,000,000 leading to him recording a liability in his account in which

$5 million in legitimate warranty claims were as well filed by his customers which is why he won't be making any further Accounting adjustment in 2021.

You might be interested in
POINTS!!!!!!!!!!!!!! BRAINLIEST AND 20+ POINTS!!!
bekas [8.4K]

Answer:

B

Explanation:

I think you've already figured this out for yourself, but I thought I'd answer anyway and maybe clarify some things.

Supply is the total amount of a <u>good or service</u> that is available to consumers.

  • Think about it: goods are physical things bought and sold, like apples. Services are actions done for another person, like taxi driving or renting a used car.
  • None of the other answers make sense: a "device" is not a strictly defined term in economics; an "industry" can't be available to consumers, and a "warranty" isn't applicable.
4 0
3 years ago
Read 2 more answers
The researchers solicited customers of dealerships located in diverse markets, selling a variety of brands, and operating as bot
alexandr1967 [171]
The word that comes in the blank space is; "sample".
<span>These customers represent the sample used in the study.</span>
5 0
3 years ago
Which of these will most likely have a positive effect on your lifestyle?
Zinaida [17]

Answer:

A college degree

Explanation:

College life is very likely

5 0
2 years ago
Please help me. I will mark you as brainliest !!
natali 33 [55]

Answer:

The answer is C

Explanation:

Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.

8 0
2 years ago
Dot miller owns a small chain of dive shops. she is interested in knowing how many potential customers she will need to sample i
uranmaximum [27]
Standard deviation is an amount of the dispersion of a group of data from its mean. It is computed as the square root of variance by distinguishing the variation amid each data point relative to the mean. If the data points are distant from the mean, there is greater deviation within the data set. But since not all are given in this problem Dot can use some previous knowledge about the population, undertake a pilot study or approximation the range (7), and divide by 6.
7 0
3 years ago
Other questions:
  • Discuss the merits and demerits of lepidopteran insects of crops production​
    10·1 answer
  • In the United States many farms are integrated into a large food-production industry. This is known as:
    15·2 answers
  • A car insurance policy has a $500 deductible for comprehensive coverage and a $1000
    8·2 answers
  • Harry and Sally formed the Evergreen partnership by contributing the following assets in exchange for a 50 percent capital and p
    11·1 answer
  • During the past year, a company had cash flow to stockholders, an operating cash flow, and net capital spending of $16,497, $40,
    6·1 answer
  • When a u.s. company purchases and imports electronic parts from china to use to produce mp3 players within the united states, th
    5·1 answer
  • List 5 ways you can reduce the chance of loss at your home.
    12·1 answer
  • The use of multiple distribution channels that integrate organizations' brick-and-mortar stores with websites, catalogs, and app
    14·1 answer
  • Compare and contrast the three most common types of healthcare indemnity plans.
    12·1 answer
  • Should I get a small dog I mean I always wanted you be but then I wouldn’t be able to go out of town
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!