Answer:
Window Dressing causes Adjusting and Closing entries.
Explanation:
Window Dressing the alteration of financial performance near the year-end to appear as if performance has improved. To make the window dressing entry, some temporary and permanent accounts will be adjusted, especially Sales Revenue and costs to generate paper profits. These adjusting entries are closed to the Income Summary. The permanent accounts which are temporarily closed to the Balance Sheet for the period will also require some adjusting entries.
it contains four elements:<span>
<span>the product or service </span>
<span>the customer </span>
the benefit
<span>the distribution</span></span>
It can help guide the user to the most important information. That is the correct answer
Answer: Option A
Explanation: In simple words, reversal effect refers to the situation when due to announcement of some relevant news in the market the conditions prevailing changes drastically leading to worst values stocks performing better and vice versa.
The reversal effect is seen as a long term effect caused due to short term errors that happened in the past.
Defense Contract Management Agency (DCMA) is the EVM (earned value management) agency that is responsible for ensuring EVM is applied with integrity and is an effective process. The Earned Value Management is a project management measure that tracts performance and process. Earned Value is equal to the % of completed work X the budget for work to be completed.