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3 years ago

The conservatism constraint prescribes that:

Business

1 answer:

slava [35]3 years ago

6 0

Option E

The conservatism constraint prescribes that: When multiple estimates of amounts to be received or paid in the future are equally likely, then the least optimistic amount should be used.

<h3><u>Explanation:</u></h3>

Conservatism constraint designates the aid of the less optimistic amount when more extra than unity assessment of the amount to be collected or repaid endures and these assessments are thereby uniformly likely.

The conservatism constraint suggests that, all annexes equal, we require to choose the postulate that is more moderate for assets and more leading for liabilities, these hypotheses forming the company resemble worse or most traditional. Conservatism constraint restricts the opportunity of economic statements being proffered that are emphasized, an overstatement that investors could perform on.

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According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo

professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business. By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues to the investors take taken a dent by doing an unethical thing.

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3 years ago

Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and

mote1985 [20]

Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $310,000 for January, $390,000 for February, $550,000 for March, and $590,000 for April. Shamrock's desired ending inventory is 30 percent of the following month's cost of goods sold. Cost of goods sold is expected to be 20 percent of sales. Required: Compute the required purchases for each month of the first quarter (January- March) January February March Required Purchases

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3 years ago

What is the purpose of a w-4 form, and when do you receive it?.

timofeeve [1]

Answer: to let your employer know how much money to withhold from your paycheck for federal taxes.

Explanation: Your employer should provide a W-4 form when you are hired.

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2 years ago

What is an economy? Best definition.

tiny-mole [99]

Economy comes from the Greek words household and manage which basically mean a are where production , distribution , or trade and consumption of goods and services by different agencies in a given location.

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4 years ago

Read 2 more answers

Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C

Pavel [41]

Answer:

C : $686

Explanation:

The computation of the cash received amount is shown below:

= (Sale value of merchandise - returned merchandise) × (100 - discount rate)

= ($1,000 - $300) × (100 - 2%)

= $700 × 98%

= $686

Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.

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3 years ago