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Andrej [43]
4 years ago
7

When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'

s transactions, those services are:?
Business
1 answer:
chubhunter [2.5K]4 years ago
8 0
Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

</span>
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A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requ
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Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

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(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

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4 years ago
If the economy unexpectedly went from inflation to deflation, a. debtors would gain at the expense of creditors. b. creditors wo
ycow [4]

Answer:

B. Creditors would gain at the expense of debtors.

4 0
3 years ago
An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. The value of the account at t
Nostrana [21]

Answer:

$5,983.40

Explanation:

Data provided in the question:

Principle amount = $5,000

Interest rate, r = 6% = 0.06

Time, t = 3 years

Compounded monthly i.e number of periods n = 12

Now,

Final amount = Principle × \left( 1 + \frac{r}{n} \right)^{\Large{n\times t}}

or

Final amount = $5,000 × \left( 1 + \frac{0.06}{12} \right)^{\Large{12\times3}}

or

Final amount = $5,000 × 1.005³⁶

or

Final amount = $5,000 × 1.196

or

Final amount = $5,983.40

7 0
3 years ago
Under what conditions does servant leadership fail to have a positive impact on followers?
Sloan [31]

Answer:

D. When subordinates don’t want guidance from the leader

Explanation:

3 0
3 years ago
Moonscape has just completed an initial public offering. The firm sold 3 million shares at an offer price of $10 per share. The
grandymaker [24]

Answer:

Moonscape

The flotation costs as a fraction of funds raised is:

= 0.04

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a) Data and Calculations:

Number of shares issued = 3,000,000 shares

Offer price per share = $10

Underwriting spread  per share = $0.50

Closing price at first day of trading = $15.00

Legal, administrative, and other costs = $300,000

Amount of funds raised from the issue = $45,000,000 (3,000,000 * $15)

Underwriting cost = $1,500,000 ($0.50 * 3,000,000)

Total flotation cost = $1,800,000 ($300,000 + $1,500,000)

Flotation costs as a fraction of funds raised = $1,500,000/$45,000,000

= 0.04

= 4%

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3 years ago
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