Answer:
"charged to profit or loss"
Explanation:
According to the acquisition method, acquisition-related (transaction) costs are costs the acquirer incurs to effect a business combination. For example, the cost of the advisory, legal, accounting, valuation or consultancy fees, must not be included in the cost of the acquisition. These costs must be treated as an expense as incurred and written off to profit or loss.
The amount of transaction costs associated with an acquisition and written off during the period to profit or loss must be disclosed in a note to the financial statements.
So based on the above discussion the answer to the question shall be "charged to profit or loss"
If a person doesn't trust you then they will tell other people and the other people won't trust you
Answer:
True
Explanation:
Economic stimulus refers to change in monetary or fiscal policies by the Federal Reserve with growth as an objective. One of the ways of implementing economic stimulus is lowering of interest rates by the Fed.
Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.
In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.
Thus, the given statement is true.
Answer: Raises the CPI and reduces real income.
Explanation:
Inflation is a sustained rise in the general price level of the goods and services in an economy during a particular period. It is usually expressed as a percentage. Inflation leads to a reduction in the purchasing power of a country's currency.
Real income reduces because a rise in the price level with nominal income constant reduces the purchasing power of money. People holding real assets are better off than people who are holding cash.
The correct answer to this question is the following.
Upon Colbert’s sudden death in 1683, however, Louis chose not to replace Colbert or continue this formal accounting function. The implications for Louis and France were bad.
As the meticulous accountant he was, Colbert established a stern control over the French finances, helping the country to stabilize the economy and the monarchy's finances. Emperor Louis XIV was an extravagant man who liked to spend the money of the kingdom. Well, Colbert managed it to establish control of the expenditure and had surpluses. Of course, this was not accepted by many people, including the king. So when Colbert died, "everything returned to normal," which means that the king started to spend money as he used to and the consequences were that France came back to those economic problems and the inequity that had characterized Louis XIV kingdom.
