Answer:
3 to 5 years.....only.....
Smiling and staying positive and taking notes for further reference are the essentials of a successful informational interview.
<h3>
What are the essentials of an informational interview?</h3>
A set of questions asked towards building a conversation with a person having expertise and achievements in the related interests comprises an informational interview.
The two most important points to be considered while taking an informational interview are:
- Staying positive and giving smile expression throughout the course of the conversation.
- Taking important notes so that further questions may be asked in that regard.
Hence, options A and D hold true regarding the informational interview.
Learn more about informational interview here:
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Answer:
The Correct Statements regarding an adjusted trial balance and its use in preparing financial statements are:
1. The adjusted trial balance includes all accounts and balances appearing in financial statements.
3. Financial statements are easier to prepare using the adjusted trial balance than the general ledger.
5. The ending Retained Earnings account balance on the balance sheet is transferred from the statement of retained earnings.
6. The income statement is the first financial statement prepared after preparing the adjusted trial balance.
Explanation:
a) The above answers leave the following incorrect statements about the adjusted trial balance:
2. The ending Retained Earnings account balance on the balance sheet is taken directly from the adjusted trial balance.
4. The balance sheet is the first financial statement prepared.
b) In conclusion, the adjusted trial balance, which lists the general ledger account balances, is compiled after considering period-end adjustment entries, in line with the accrual concept and the matching principles of generally accepted accounting principles.
Answer:
Increasing current profits when doing so lowers the value of the firm's equity.
Explanation:
Agency problem is the likelihood that managers may place personal goals ahead of corporate goals. A characteristic feature of corporate enterprises is the separation between ownership and management. Thus, with the objective of survival, management would aim at satisfying instead of maximizing shareholder´s wealth.
Three generic agency problems arise in business firms:
-The conflict between the firm´s owners and its hired managers.
-The conflict between controlling and minority shareholders.
-The conflict between shareholders and non shareholders constituencies.
Answer:
Less than today is the correct answer.
Explanation:
