Answer:
No entry is made
Explanation:
When a company applies the partial equity method in accounting for its investment in a subsidiary and initial value, book values, and fair values of net assets acquired are all equal, there would be no entry in the consolidation worksheet. The reason is the initial investment in the subsidiary, the initial value, book values and fair values of net assets acquired are all equal, no changes has been made.
Answer:
Cost Variance (CV) for the project is negative $77.5
Explanation:
The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475
The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5
The actual cost till now = $200 + $120 + $175 = $495
The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)
Answer:
"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.
Answer:hahah
Explanation:u are so unsmart hahah lol
Answer:
The legislature's action is an example of: Revoking common law by new statutory law
Explanation:
First of all, we need to understand what is the difference between a common-law and statutory law.
<u>Common-law: </u>This is based on decisions made previously at court, they have judicial precedent, so when there are similar cases the judges base their decision on these precedents.
<u>Statutory law:</u> This is a formal type of law, given it passed the house of parliament or Congress. The statutory laws are written and they regulate the behavior of citizens. There are many examples of statutory laws: tax laws, traffic regulations, etc.
According to the definitions above, the statutory law is stronger than a common law because the statutory law can modify the common law, just as in the provided example:<em> The legislature, following the court ruling, passes a statute saying hair color is not covered by anti-discrimination laws.</em>
Despite the common law is based on prior decisions taken at court (precedents), these are not approved by the parliament or congress, unlike the statutory law.
