I would say that using a credit card would charge a higher interest.
When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.
An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.
Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.
Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.
To learn more about Expenses.
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Answer:
The correct answer is B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.
Explanation:
Based on the theoretical concept, it can be said that the main scopes of a well structured system of internal controls are:
- Promote reliability and impartiality in the production of financial reports.
- Provide timely and easily accessible information, which allows efficient and effective conduction of business processes.
- Ensure compliance with internal processes and actions in general to the objectives of strategic planning, avoiding deviations from the guidelines.
- Safeguard the company's assets, supporting risk management and minimizing eventual financial losses caused by poor management.
Answer: e. the lowest variable cost per unit that can reasonably be expected.
Explanation:
The lowest variable cost per unit that can reasonably be expected will be used in the computation of the best-case analysis of a project.
It should be noted that the lower variable costs will tend to increase the profit of a company under the best case analysis and therefore when it's being compared with other options, it's the correct option.
Therefore, the correct option is E.
The answer: Kelly owns a massage studio and is offering free 15-minute massages to the participants of a popular 5K race event. This is an example of advertising