Answer:
The correct option is D,consists of certain gains and losses included in comprehensive income but not yet recognized in the income statement
Explanation:
Other comprehensive income is the extended section of the income statement showing certain gains and losses that cannot be recognized in income statement now as they are unrealized.
For instance gains or losses from property,plant and machinery remeasured at fair market value is posted to other comprehensive since the relevant assets are still within the business not yet realized by a way of disposal.
Also,the increase or decrease in financial instruments held for long-term is also treated in the same manner for similar reason.
Answer:
Part (1) November 1
The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:
Dr Rental Advances $90,000
Cr Bank account $90,000
Part (2) December 31
On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.
This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is
The relevant entry would be:
Dr Rental Expenses $36,000
Cr Rental Advances $36,000
Call employees at any level in the organisation “partners” and reward empowerment in decision making.
Explanation:
The CEO of a company has the leading role in the management of its operations and the resources, which is the main point of contact between the board of directors (the board) and the corporation, as a large corporate decision-making body.
Executives often believe that workers are empowered by just wanting to do so. The executives say to the workers, "You are empowered." "The decisions can be made. I think success occurs as workers are told I are motivated in a broad-based way.
It is a false statement that Labor relates only to the production of manufactured goods and that services are not included.
<h3>What is a Labor?</h3>
This is a factor of production that involves individuals & machines that helps to they produce a good or service for a firm.
The reward for a Labor as a factor of production is known as Wages and Salaries.
Therefore, the statement is false because Labor helps in production of both the goods and services.
Read more about Labor
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Answer: Perfectionism, Expectations, Distrations, etc.
Explanation:
