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irina1246 [14]
3 years ago
5

How are issues such as customer theft and spoilage addressed at year-end?

Business
1 answer:
forsale [732]3 years ago
7 0
In accounting, the inventory is always done annually so inventory must always be accounted for at the year end. In order to address issues such as customer theft or spoilage, you have to minus (it's market value) from the beginning inventory. 
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When she was in college, Kiersten Walburg wrote a case study on Grokster, an online peer-to-peer (P2P) file-sharing network, and
Pavel [41]

Answer:

File-Sharing and Copyrights

1. Making material available on a P2P network or through the cloud is called Select (file-sharing/ obtaining copyright protection) .

2. Is file-sharing always prohibited? Select (Yes/ No) .

3. File sharing is prohibited Select (when it is used to download and store copyrighted music/when it is used to listen to music) .

4. Under the Digital Millennium Copyright Act, a person who file-shares Select (can/ cannot) use the fair use doctrine to justify the file-sharing.

5. Montgomery notified Walburg that she had been identified as engaging in the unauthorized trading of music. She replaced the hard drive on her computer with a new drive that did not contain the songs in dispute. Walburg Select (can/ cannot) remedy her wrongful conduct by replacing her hard drive?

6. Why or why not? The illegal file sharing Select (was/ was not) already done.

7. Who is an innocent infringer? A person who Select (is/ is not) aware and had no reason to believe that his or her acts constituted copyright infringement.

8. Walburg likely Select (was/ was not) an innocent infringer.

9. Why? She had written a case study on Napster and knew file sharing was Select (right/ wrong) .

10. It is Select (likely/ not likely) that Walburg replaced her hard drive to conceal her acts.

11. If that is true, Walburg's act of replacing her hard drive Select (was / was not) ethical.

12. If Walburg did commit an illegal act in sharing copyrighted material without earning a profit, she Select (can/ can not) face criminal sanctions .

13. A court likely Select (would/ would not) find Walburg liable for copyright infringement.

Explanation:

Copyright infringement is like plagiarism.  It is the wrongful use of another person's copyrighted works or words, as if they were their own and without obtaining copyright permission from the copyright owner.  It is illegal while plagiarism is unethical.

3 0
3 years ago
A matrix team for an aerospace company may consist of a project manager, a finance expert, a marketing specialist, a member of p
Ksenya-84 [330]
The answer to this question is true
7 0
3 years ago
Net Worth is equal to assets minus liabilities. Which event will have the greatest impact (positive or negative) on one's net wo
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I would say that for most people, buying an apartment or a house would be the most major thing they could do that would affect their net worth. Initially it would be mostly a liability at first but as it appreciates, especially if it is in a big city where the population keeps growing then it most likely will appreciate and then the owner's assets will increase since their equity will increase.
7 0
2 years ago
The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o
alexdok [17]

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

7 0
3 years ago
Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attem
Juliette [100K]

Answer:

$24,000

Explanation:

According to the consignment accounting, it States that any inventory sent on consignment by the consignor to the consignee, belongs to the consignor until the inventory is sold by the consignee.

Regarding the above, Mogu company sent inventory costing $100,000 and out of this, only $76,000 has been sold. The remaining inventory still belongs to the consignor and the amount of this inventory is;

$100,000 - $76,000 = $24,000

Therefore, Mogul would report $24,000 worth of inventories at year end.

7 0
3 years ago
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