Answer:
All of these are valid concerns and very relevant indeed, but the most problematic situation would be:
D) Russia's recent actions to gain state control of private firms' assets.
Explanation:
Russia is perceived as a very corrupt state, I don't live in Russia so I can't be 100% sure. Russian leaders are famous for being multi-billionaires that used to be communists, sounds weird.
The problem with Russia is that when their leaders want a private company they just take it away from its rightful owner and many times when the rightful owners complain they are sent to prison and beaten up to death. This may sound crazy but it happened several times including Russia's largest private company Yukos in 2003. Its owner whose last name is Jodorkovski was sent to prison for about 10 years, and its CFO was beaten to death while being held in a Siberian prison.
Answer:
Stockholder
Explanation:
A business organized as a separate legal entity owned by stockholders is a corporation
Answer:
Option (D) is the right answer.
Explanation:
According to the question, customized production is the most appropriate answer because job order production refers to the manufacturing process which is unique & customized according to the customer's needs.
While the other options are wrong because of the following reasons:
- Mass production can be described as a large number of production for the same product.
- Process production can be defined as the production which takes place through a similar process for all the products.
- Unit production can be defined as the number of production of the items.
- Standard costing can be defined as the costing which occurs on the production of the product.
Hence the most appropriate answer is option (D).
Answer: Common stock
Explanation: In simple words, these are the securities which represent ownership in an organisation. The common stocks has no maturity date as it is the ownership right and will remain until the liquidation of the company.
The dividends to common stockholders are not fixed and depends on the profit that the company made in the year. They are paid dividends after debt holders.
They can sell their shares to other participants through securities markets like stock exchanges etc.
Hence from the above we can conclude that Jeff has purchased common stock.
Answer: $279,000
Explanation:
Accrued revenue and expenses should be accounted for because they have been realized and incurred in the current period.
Used insurance and depreciation should be accounted for as the expenses they are and rent revenue earned should be treated as revenue.
Pretax income after adjustments:
= Pretax income + Accrued sales revenue + rent revenue - Depreciation - Accrued expenses - Insurance
= 300,000 + 36,000 + 2,000 - 38,000 - 17,000 - 4,000
= $279,000
