Answer:
The correct answer is True.
Explanation:
In the accounting field, it is the determination of the amount of a game in the absence of rules or criteria that with absolute precision set the standard for a fixed or accurate calculation.
Accounting estimates are usually linked to the uncertainty surrounding the consequences of events that have occurred, or also with the occurrence or non-occurrence of uncertain events in the future.
The social administrators and management have to make decisions on accounting estimates of some items, members of the financial statements, since there are no registration and valuation rules that offer a solution for their exact determination. From here, in order to approximate the amount of these items, value judgments will be unavoidably used.
Answer: b. many economic activities expand and contract together in a recurring—but not periodic—fashion
Explanation:
The Business Cycle refers indeed to fluctuations in the business cycle related closely with the rise and fall in production output of goods and services in an economy.
It come with stages being Expansion, Peak, Recession, Depression, Trough, and Recovery. What is most interesting is that the movers behind the business cycle are not a singular entity but rather a series of Economic activities that are interconnected and move together. This is why some activities herald stages in the Business Cycle while some follow it. But they all have a role to play.
It is also very important to note that this is NOT a periodic occurence because it doesn't happen per period and neither can it be predicted but it happens. It is Recurrent but not periodic in other words.
Answer:
$3,791
Explanation:
Given that
Expected amount received = $1,000
Number of years = 10 years
Rate of interest = 5
So, the present value of this annuity would be
= Expected amount received × PVIFA factor at 5 years at 10%
= $1,000 × 3.7908
= $3,791
Refer to the PVIFA table
Simply we multiplied the expected amount received by the PVIFA factor
Answer:
d
Explanation:
Daydreaming is when a person is conscious (awake) and begins imaginative thinking or wishful thinking. Daydreaming usually occurs when a person is bored or performing a task.
While Priya was at work she was thinking about a party. Thus she was daydreaming
Satisficing is when a person does the minimum necessary to attain a goal
Moonlighting is when a person has a second job which is usually done at night which is in addition to ones regular job
Answer and Explanation:
For earning an extra income, the options contracts could be sold at the premium i.e. collected or in short word sell naked index calls.
Now if the index calls writer exercised, so the delivering of the stock could not be held as it delivers only cash
And, also the writing of index call oppose to the securities portfolio should be termed as a naked writing strategy
While on the other hand in case of the income writing, if the call writer owns the physical instrument than the writer expected to the market for staying neutral
