Answer: Earnings are reported by the investee in its financial statements
Explanation:
Equity method is when investments are being treated in associate companies and it is usually applied in cases whereby an investor entity holds about twenty to fifty percent of the associate company's voting stock. Due to this reason, it has a strong say in the associate company's management.
Under the equity method of accounting for investments, an investor recognizes its share of the earning in the period in which the earnings are reported by the investee in its financial statements.
Answer:
B. Full disclosure principle
Explanation:
Full disclosure principle ensures that all relevant financial information is reported
If you receive a telephone call from someone asking that you explain your preferences for certain kinds of products, you are the subject of a survey.
In human research, a survey is a list of questions designed to extract specific data from a specific group of people. Surveys can be conducted by phone, email, internet, street corner or shopping mall.
A survey is a research method used to collect data from predefined groups of respondents in order to gain information and insight on various topics of interest. They have multiple purposes and researchers can implement them in different ways depending on the chosen methodology and research objectives.
Research can be divided into her two broad categories: questionnaires and interviews. A questionnaire is typically a paper-and-pencil tool filled out by respondents. Interviews are filled out by interviewers based on information provided by respondents.
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Answer:
Correct answer is b. relates to subunits ot the entity and may be very detailed.
Explanation
Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.
So in order to run the business smoothly this information/accounting is required to be very detail and covering each and every aspect of the entity.
Answer:
The correct answer is $0
Explanation:
Solution
An Impairment loss recognized when a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0
