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Galina-37 [17]
3 years ago
8

What effect may result if specific account titles are not used in journalizing? the financial statements may be not be accurate?

Business
1 answer:
lapo4ka [179]3 years ago
8 0
If specific account titles are not used in journalizing<span>, the accountant may be confused in where </span>to credit or debit the specific transaction. Yes, <span>the financial statements may be not </span>be<span> accurate since there is possibility that the transaction was recorded to another account not appropriate for the specific transaction.</span><span> 
</span>
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Suppose the rate of return on a 10-year T-bond is 6.90%, the expected average rate of inflation over the next 10 years is 2.0%,
yuradex [85]

Answer:

correct option is b. 4.00%

Explanation:

given data

10 Year T-bond yield  = 6.90 %

Inflation   = 2 %

MRP of 10 years T-bond  = 0.90

to find out

Treasury Inflation Protected Securities  (TIPS)

solution

we get Treasury Inflation Protected Securities yield is express as

Treasury Inflation Protected Securities yield = T bond yield -  Inflation- MRP   ................1

so

Treasury Inflation Protected Securities yield = 6.90 - 2 - 0.90

Treasury Inflation Protected Securities yield  = 4 %

so correct option is b. 4.00%

6 0
3 years ago
With reference to the Hofstede's framework, USA is one of the most individualistic countries. Thus, he adopts ___________ plan i
mel-nik [20]

With reference to Hofstede's framework, the USA is one of the most individualistic countries. Thus, he adopts Hofstede's framework plan in order to better motivate employees in the US.

<h3>Description of Hofstede's framework</h3>

As the business world becomes more global, employees will likely face someone from another country at some point in their careers, companies will negotiate with companies from other countries, and even employees of domestic companies will likely encounter someone from another country.

Furthermore, trends suggest that immigration, the movement of individuals from their home country to other countries, will still grow worldwide, a process that may contribute to creating companies’ Hofstede's framework increasingly diverse. Additionally, many multinational companies depend upon expatriates to run their local operations.

Hofstede's framework is a foreign employee who moves to and works in another country for an extended period of their time. All of those trends mean that in your career you're likely to encounter someone from a special culture in which the potential for cross-cultural tensions is high.

It's therefore important for any international management student to grasp culture to raise steel oneself for handling such tensions.

To learn more about Hofstede's framework  refer to :

brainly.com/question/14748459

#SPJ4

6 0
2 years ago
As compared to the national average, a Texas family in the lowest 20 percent of income pays ______ of their income in taxes.
Ghella [55]

In Texas, a family in the lowest 20% of income will, in a manner different from the national average,<u> pay more</u> of their income.

<h3>Why would they pay more?</h3>

Texas operates a regressive taxation system which means that the richer you are, the less percentage tax you pay.

This means that the poorer families have to pay a higher percentage than others. This is different from much of the U.S. where the poor pay less.

In conclusion, they pay more of their income.

Find out more on regressive tax at brainly.com/question/2214317.

5 0
3 years ago
PLEASE HELP ASAP!! WILL MARK BRAINLIEST!! <br> How is per capita output determined and used?
Mashcka [7]

Answer:

Real GDP per capita is a measurement of the total economic output of a country divided by the number of people and adjusted for inflation. 

Explanation:

I'm not sure if this is what you were looking for but this is my answer.

6 0
3 years ago
Tyler was employed at a local grocery store, food world. the store manager, jeff, discovered that there were several cartons of
Bumek [7]
<span> Yes, Tyler has a claim against food world because he</span> has a cause of action against Food World for wrongful discharge. The reason is because his refusal to take the polygraph test cannot be the basis for termination of his employment . More evidence about the claim that he took the cigarettes is required for a claim.
8 0
4 years ago
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