1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Black_prince [1.1K]
3 years ago
7

Companies are allowed to depart from the requirement that a change in accounting principle be reported retrospectively when: (Se

lect all that apply.)Check All That Applya) disclosure is made of the impact of the choice not to apply the change to the amounts reported in the financial statements.b) it is impracticable to determine some period-specific effects.c) it is impracticable to determine the cumulative effect of prior years.d) the prospective approach is mandated by authoritative accounting literature
Business
1 answer:
sweet [91]3 years ago
8 0

Answer:

b) it is impracticable to determine some period-specific effects.

c) it is impracticable to determine the cumulative effect of prior years.

Explanation:

According to the actual normativity these are the two options more consistent with the exercise.

You might be interested in
If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years?
liq [111]

Answer:

FV= $22,333.56

Explanation:

Giving the following information:

Semi-annual investment= $750

Interest rate= 0.08/2= 0.04

Number of periods= 10*2= 20

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= semi-annual deposit

FV= {750*[(1.04^20) - 1]} / 0.04

FV= $22,333.56

6 0
3 years ago
Tayesha wants to find more information about a career in architecture. which resource is most likely to give balanced, accurate
Andrei [34K]
<span>The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.</span>
3 0
4 years ago
Read 2 more answers
Factors that affect the elasticity of demand for labor include all of these except:
Igoryamba
Since the problem doesn’t give the choices for these questions. I will be giving you the factors that affect the elasticity:

1. Labor costs as percent of total costs – when labor expenses have a high share in total costs then labor demand is more elastic.

2. Easiness and cost of factor substitution – when the firm can substitute rapidly and effortlessly between labor and capital inputs.

3. Price elasticity of demand for the final output produced – if the business is working an extremely competitive market where the final demand of the product is elastic and as a result the demand for labor is more elastic.
5 0
4 years ago
A market that is efficient has which of the following features
iogann1982 [59]

Answer: Option D

               

Explanation: In financial economics, the effective-market theory is a theory that asset values represent all available data. Strong inference is that this is difficult to reliably "outperform the market" on a threat-adjusted basis because market rates will respond only to new data.

           Thus, consumer valuation is always taken into consideration as the prices are determined by the m,market forces which are dependent on consumer valuation.

In such markets resources are allocated to most efficient firms who are capable to make maximum output result.

7 0
4 years ago
The stock of Mulberry Corporation is owned by Archana (60%) and Anar (40%), who are mother and daughter.
scoundrel [369]

<u>Solution and Explanantion:</u>

<u>Determining the gain or loss recognized by M corporation </u>

Loss to be recognised = Market Value – Purchase Value

=\$ 575000-\$ 650000= $75000

Thus, loss to be recognised by the “M” corporation is $75000

<u>Determining the gain or loss of A: </u>

Loss by $\mathrm{A}=$ Purchase Value - Liability - Actual basis of $\mathrm{M}$

=[(\$ 575000-\$ 425000) * 40 \%]-\$ 100000

=\$ 60000-\$ 100000

= ($40000)

Thus, loss to be recognised by A is $40000

8 0
3 years ago
Other questions:
  • Among the explanations below, which one is not a reason to favor the use of a beta distribution to
    5·1 answer
  • Importance of strategic planning
    10·2 answers
  • A purchase of supplies for cash is recorded in the a.purchases journal b.cash payments journal c.revenue journal d.cash receipts
    12·1 answer
  • What are the foundation of the case for free trade?
    12·1 answer
  • When partners own different portions of the business, the terms should be stated clearly in what document?
    6·2 answers
  • On a particular day, the Dow Jones had a rate of change of -2.1%. Which of the following statements must also be true?
    7·1 answer
  • IM GONNA CRY MY EYES OUT PLEASE HELP ME Type the correct answer in the box. Spell the words correctly.
    9·1 answer
  • Corporate taxes are a type of
    14·2 answers
  • What is one way a command economy affects the lives.
    15·1 answer
  • If the fed buys $1 million in government securities from bank a, then the immediate effect of this transaction is an increase in
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!