1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
3 years ago
14

All of the following statements regarding accounting treatments for liabilities under U.S. GAAP and IFRS are true except:_______

A. Accounting for bonds and notes under U.S. GAAP and IFRS is similar.B. Both U.S. GAAP and IFRS require companies to distinguish between operating leases and capital leases.C. The criteria for identifying a lease as a capital lease are more general under IFRS.D. Both U.S. GAAP and IFRS require companies to record costs of retirement benefits as employees work and earn them.E. Use of the fair value option to account for bonds and notes is not acceptable under U.S. GAAP or IFRS.
Business
1 answer:
mihalych1998 [28]3 years ago
5 0

Answer:

A) Accounting for bonds and notes under US GAAP and IFRS is similar.

Explanation:

US GAAP and IFRS do not have the same accounting guideline for bond issue cost:

Under US GAAP, bonds payable is recorded at face value while premiums or discounts are recorded separately. While under IFRS, bonds payable is recorded using the carrying value, and amortization or premiums or discounts is done by using the effective-interest method.

You might be interested in
Specific development, pricing, promotion, and distribution of products that do less harm to the environment are known as:______
stellarik [79]

Answer:

C). green marketing.

Explanation:

Green marketing can be regarded as the marketing of products/services which are presumed as an environmentally safe products. It involves range if activities such as modifications of products, change in process of production, modifications of advertisement as well as sustainability packaging of products. It should be noted that Specific development, pricing, promotion, and distribution of products that do less harm to the environment are known as green marketing

8 0
3 years ago
15. Describe an advertisement you've seen that uses a fear based marketing message. What fear does this ad appeal to? (2-4 sente
Sergio [31]

Answer:

Fear-based marketing is common these days which attract many users.

Explanation:

I have actually experienced that once or twice, people send you messages through email or on different social media platforms. The ones that state “If you do not send this to 20 individuals you will die or will go through some misfortune incident. This is a common example of fear-based marketing these  days, and people or users actually buy it.

6 0
3 years ago
Four employees received feedback from their managers. Jose was told what he did wrong and was given a warning. Jolette was told
Usimov [2.4K]

Answer:

 Richard

Explanation:

In simple words, Among all the employees in the organisation only Richard got the appreciation for the work he is performing. Such appreciation would work as an incentive for Richard to perform his duty with more effectiveness in the future.  

Positive comments from the employer always works as a motivation to the employees and results in positive reinforcement of such employee which further results in better results.

7 0
3 years ago
On January 1, 2020, the merchandise inventory of Wildhorse, Inc. was $2050000. During 2020 Wildhorse purchased $4091000 of merch
Ganezh [65]

Answer:

$2,466,000

Explanation:

Use the missing figure approach or gross profit method as below :

Trading Account

Sales                                                                                   $4900000

Less Cost of Sales :

Opening Inventory                        $2050000

Add Purchases                               $4091000

Total                                               $6,141,000

Less Closing Inventory                ($2,466,000)            ($3,675,000)

Gross Profit ($4900000 x 25%)                                     $1,225,000

thus,

The merchandise inventory of Wildhorse at December 31, 2020 is $2,466,000

6 0
3 years ago
Make a list of locally manufacture good in your locality . How can you get benefit from them?<br>​
BaLLatris [955]

Localizing your supply chain represents a tremendous opportunity to help the environment. When you reduce shipping and storage, you also reduce ...

Explanation:

7 0
2 years ago
Read 2 more answers
Other questions:
  • Monopoly power runs counter to the public interest because it leads to high prices, resource misallocation, and inefficiency. An
    6·1 answer
  • describe the efforts that local governments should make to increase local revenue from the tax sector!
    9·1 answer
  • When apple introduced the ipod portable digital music player, the price of and demand for digital music players were high. As a
    13·1 answer
  • The market for pizza is perfectly competitive and has​ 1,000 firms. Each firm is identical. Describe each firm in​ long-run equi
    10·1 answer
  • 2. If the public expects a corporation to lose $5 a share this quarter and it actually loses $4, which is still the largest loss
    11·1 answer
  • Janice has car insurance that she must pay four times a year. If each payment is $156, how much money should she set aside each
    9·1 answer
  • For customers purchasing a refrigerator at a certain appliancestore, let A be the event that the refrigerator wasmanufactured in
    14·1 answer
  • The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of
    5·1 answer
  • Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single pro
    8·1 answer
  • ABC Corporation owns 75 percent of XYZ Company's voting shares. During 20X8, ABC produced 50,000 chairs at a cost of $79 each an
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!