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Stella [2.4K]
3 years ago
15

A sale of goods was denominated in a currency other than the entity’s functional currency. The sale resulted in a receivable tha

t was fixed in terms of the amount of foreign currency that would be received. The exchange rate between the functional currency and the currency in which the transaction was denominated changed. The effect of the change should be included as a(n) _________.A. Translation loss reported as a component of income from continuing operations.
B. Translation loss reported as a component of comprehensive income.
C. Transaction loss reported as a component of income from continuing operations.
D. Transaction loss reported as a component of comprehensive income.
Business
1 answer:
icang [17]3 years ago
6 0

Answer:

Explanation:

Based on the scenario being described within the question it can be said that the effect of the change should be included as a transaction gain reported as a component of income from continuing operations. This is because this event is a foreign currency transaction and would therefore be reported as a component of income from current operations for the current period that the company is in as opposed to an FC tranaction.

**Either A. or C. are wrong as both are the same and one should be a gain option.**

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True or False: Production runs can be scheduled in one or two shifts. A. True B. False
stiv31 [10]

Answer:

The correct answer is letter "A": True.

Explanation:

The production run represents the number of units a company can produce during its production line. In some cases, the expected production line cannot be covered by one shift of employees. Then, the company allows overtime or implements a second shift to fulfill its objective.

8 0
3 years ago
The phrase "walk the talk" means:
Nutka1998 [239]

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) ​that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

5 0
3 years ago
GDP excludes the value of goods produced at home. many items are counted twice or more in the intermediate stages of production.
Softa [21]

Answer:

False

Explanation:

GDP or gross domestic product value is a measure of the total value of all products and services produced within the boundaries of a country in a given time. It factors all products, regardless of who manufactures them, whether foreigners or locals, men or women. To avoid double-counting, GDP considers finished products only.

In calculating GDP, economists will deduct the cost of imports. The reason is that imports are produced in foreign countries. The value of GDP indicates whether the economy is expanding or contracting. An increase in GDP shows economic growth in the country. An increase in capital goods, human capital, labor force, technology,  contribute to economic growth.

7 0
3 years ago
Assume that an economy produces only two goods, pizza and wings. Which of the following are ways to increase the maximum possibl
Effectus [21]

Answer:

A, B, and D

Explanation:

According to my research on production optimization, I can say that based on the information provided within the question all of the answers provided except for improved wing-making technology would maximize the possible number of pizzas produced. This is because each of these answers provides a method of producing more pizza in the same time frame as before.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Isabella is working with her boss on how to achieve the goals that have been set for the next year. So far they have agreed that
EastWind [94]

Answer:

B) MBO

Explanation:

An MBO is a secondary vocational education program carried out in the Netherlands. It lasts for four years and its courses go from assistant training, basic vocational training, professional training and finally middle-management training. It is basically the dutch equivalent of technical college, since you start the MBO when you are around 18 years old. After you complete your MBO you can continue your college education.

The MBO covers a lot of professions but it is basically hands on training, since between 20 -60% of the time is practical training (they work as someone else's assistant or trainee).

Isabella is her boss's trainee and since she is about to graduate, she must start training 2 new assistants.

4 0
3 years ago
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