Answer:
<u>income statement for the year ended </u>
investment income $48,000
Intergoverment grant 8,000
Net increase in fair value of investemnt <u> 2,000</u>
Total Income 58,000
Expenditure - Subscription <u>(39,500)</u>
Net income <u>18,500</u>
<u />
Balance sheet as at the year end
Asset
cash $8,500
Investment 518,000
Accrued interest receivable <u> 2,000</u>
<u> 528,500</u>
Additional to permanent endowments 510,000
Net Income <u> 18,500</u>
<u> 528,500</u>
Explanation:
Answer:
a. submitted to the next higher managerial level.
Explanation:
IMA states the following standards of conduct in management accounting: competence, confidentiality, integrity and credibility.... Confidentiality entails accountants to divulge information only at the behest of their supervisor. Integrity forbids managers to engage in unethical behavior. Once an issue can't be resolved the standard procedure is to move a step up the ladder for further assistance.
<span>I believe that if the executives exercised their option to use their fair value method, it would lower the firm's net income for 2017, thereby lowering the overall value of the stock. As a private firm, they do not have to use the fair value method. The compensation expense will also be lower. It would also devalue the projection for the following year.</span>
<u>Answer:</u>
<em>The level of compliance to nonprofit status regulations.</em>
<u>Explanation:</u>
<em>A non profit association (NGO) </em>is a non-benefit, native based gathering that capacities autonomously of government. Operational NGOs, which spotlight on improvement projects.
Although NGOs are constantly responsible monetarily to contributors, there are no lawful way to control their exercises abroad. (A few governments have compromised NGOs' assessment status when they have reprimanded the <em>international strategy of the benefactor government</em>.)
When you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. Different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.