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posledela
3 years ago
8

Currently, lars are due annually on ______, but beginning in january 2020, financial institutions that reported a total of at le

ast 60,000 loans and applications for the preceding calendar year must begin submitting their lars_______.
Business
1 answer:
ZanzabumX [31]3 years ago
8 0
For the first blank the answer is January 1st. For the second blank, HMDA Rule necessitates quarterly reporting for covered institutions. Furthermore to their annual data submission, these larger-volume reporters will surrender HMDA data for the first three quarters of the year on a three-monthly basis. The first quarterly compliance will be due by May 30, 2020.
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Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Materia
AveGali [126]

The answer is  material math error.

An adjusting entry is essentially a bookkeeping modification that improves the accuracy of the financial statements by reflecting the revenue and spending on an accrual basis, which is typically but not always the case. At the conclusion of the accounting period, adjustments are made. This might happen towards the end of the month or at the end of the year.

Prior period adjustments are errors or mistakes committed in the prior reporting period. These mistakes must be remedied or eliminated by taking suitable corrective action. Prior period items include factual errors, arithmetic errors, and errors in applying accounting rules.

Therefore, material math error is the correct option.

To know more about adjustment to financial statements click here:

brainly.com/question/24178504

#SPJ4

4 0
2 years ago
When analyzing the key elements of a country's economic environment, it is best to apply a systems perspective?
Alenkasestr [34]
True. When you analyze the key elements of a country's economic perspective environment, it is best to apply a systems perspective. When you follow the systems perspective you should be taking all of the behaviors, attributes and actions of a system when it's in its environment. instead of individualizing people and things within, it's an overall evaluation of the system. 
4 0
3 years ago
Palepu Company owns and operates a delivery van that originally cost $38,080. Straight-line depreciation on the van has been rec
Readme [11.4K]

Answer and Explanation:

The computation is shown below;

But before that the depreciation expense per year is

Depreciation per year = (Cost - Residual value) ÷ Useful life

= ($38,080 - $2,800) ÷ 6 years

= $5,880

1.Net book value as on disposal date is

= $38,080 - ($5,880  × 3)

= $20,440

2.

We know that

Gain on sales = (Sales - Book value)

Gain = $(20,400 - 20,400) = 0

a. Loss = $13,000 - $20,440 = -$7,440

b. Loss = $10,000 - $20,440 = -$10,440

4 0
3 years ago
If you purchase or obtain a vehicle from someone else, you are responsible for transferring ownership of the vehicle to your nam
SOVA2 [1]
5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.
4 0
3 years ago
1. La medicina tradicional consiste en un conjunto de antiguos conocimientos escritos por nuestros antepasados. cierto / falso 2
Readme [11.4K]

Answer:

1-True

2-False

3-True

4-False

5-True

6-True

Explanation:

1-Since traditional medicine is defined as the sum of knowledge, techniques and practices based on the theories, beliefs and experiences of different cultures, and that are needed to maintain health, both physical and mental health

2- Traditional medicine is a central component of culture, where the art of healing is a product of oral tradition and ancestral wealth, where both the saber accumulated around physical, mental and spiritual care, as well as the mediation of nature, its products, elements, spaces and spirits. Traditional medicine is the conjunction of knowledge and practices related to mother nature and its healing components.

3-Falling in love is the result of the activity of 12 areas of the brain working together, increasing the production of dopamine, which helps regular emotional responses, and oxytocin, which creates feelings of trust and reduces anxiety. People in love who suffer from having a lower blood pressure, possibly due to hormones that are produced by touch where the immune system also intervenes.

4-It is the opposite, the complaint can cause tiredness and exhaustion, especially when symptoms such as joint pain, runny nose and headache begin to appear. This may be forced because the immune system must use much of the energy in the fight against the flu virus.

5-The clean methods one of the procedures that are part of the healing rituals of traditional medicine. This concept is related to the notion of disease and the causes they produce. One of the ways of cleaning is as a form of prevention.

6-Since the doctor with a clinical diagnosis will be the one who determines the type of disease and the medications to treat it.

7 0
3 years ago
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