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alisha [4.7K]
3 years ago
6

As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management A

ccountants. If she accepts an expensive gift from a vendor trying to win a contract with her firm, which of the following standards will she violate?
A.Integrity
b. Confidentiality
C.Competence
D.Objectivity
Business
1 answer:
kiruha [24]3 years ago
6 0

Answer: A. Integrity

Explanation:

The code of ethical conduct by the Professional Accounting body disallows Accountant from collecting or giving gifts as this will be cloud there sense of professional judgement.

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The current value of a property is $60,000. For real estate tax purposes, the property is assessed at 30 percent of its current
Damm [24]

Answer:

Explanation:

Given:

Current value, C = $60000

Assessed value, A = 30 percent of its current value

= 30% × C

Equalisation factor, E = 1.25

The tax rate is $4 per $100 of assessed valuation.

Assessed value, A = 30/100 × 60000

= $18000

Total assessed valuation = assessed value × E

= $18000 × 1.25

= $22500

Tax rate of $4/$100 × assessed valuation

Tax amount = tax rate × assessed valuation

= ($4 × $22500)/$100

= $900

4 0
3 years ago
I knew their support was conditional even though they seemed friendly (use unconditional)​
Firdavs [7]

Answer:

I know their support was not unconditional though they seem friends.

Explanation:

If you are the Bhutanese student then I am sure this question came in 2017 BHSEC. Best of luck.

8 0
3 years ago
On January 1, Year 1, Eureka Company issued $290,000 of 4-year, 5% bonds at face value. The annual cash payment for interest is
zhannawk [14.2K]

Answer:

$304,500

Explanation:

Interest payable on December 31, year 1 = $290,000 * 5%

Interest payable on December 31, year 1 = $14,500

Total amount of liabilities to be reported on the Balance Sheet, year 1:

= $290,000 + $14,500

= $304,500

So, the total amount of liabilities related to these bonds that will be reported on the balance sheet at December 31, Year 1 is $304,500.

5 0
3 years ago
Define the term business leadership​
podryga [215]

Answer:

business leadership​

is the capacity of a company's management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can.

Explanation:

4 0
4 years ago
A multinational firm that proceeds to raise capital outside of its domestic market is ultimately in search of an issuance - the
tangare [24]

Answer:

C. reducing the compliance costs.

Explanation:

Listing increases compliance costs because there is a lot of compliance by exchanges which needs to be followed.

Note: A compliance cost is expenditure of time or money in conforming with government requirements such as legislation or regulation.

8 0
3 years ago
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