As indicated in the Preliminary Scope Statement, some of the potential risks associated with the fishing expedition are:
- Risk of Water damage to equipment;
- Risk of drowning
- Risk of potential loss of fishing equipment. etc.
<h3>What is a Preliminary Scope Statement?</h3>
A Preliminary Scope Statement is a written or documented statement that highlights the significance and level of a project as well as its objectives.
When writing a Preliminary Scope Statement, the goals or objectives have to be itemized in a manner that is:
- Easy to understand
- Actionable; and
- Measurable.
Learn more about the Preliminary Scope Statement at:
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Jim can recover even if he was negligent and violated the employer's rules.
Option D is correct.
<u>Explanation:
</u>
Employee compensation is a system that is publicly sponsored and pays financial benefits to employees who are injured during their work. The coverage of the employee is an insurance form that provides compensation for accidents or handicaps suffered by its employees.
The workers ' compensation act guaranteed that all employees injured at work received daily insurance and paid for hospital costs. By return, disabled workers earned the right to sue their bosses and supervisors for wrongdoing and earned the right to claim damages for pain and misery.
The payment for employees is basically a scheme of no consequence if the wounded employee is not at issue with the negligence of its own responsibility or the misconduct of his or her boss or friends, but only for his or her labor-related injuries is included in the injured workplace.
Answer:
$5,000
Explanation:
According to the Internal Revenue Service, the amount of deduction for startup costs would be limited to $5,000 if the startup costs are $50,000 or less
However, if the start-up costs were more than $50,000, the deduction would be decreased by the dollar amount.
Since in the given scenario, the $18,000 is the startup cost so she is eligible for the deduction of $5,000
Answer:
10,900 units
Explanation:
The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = Beginning inventory + purchases - closing inventory
In this case, COGS will be 11,000 units: Beginning balance 1100 and ending balance of 1000.
11,000 = 1100 + P -1000
11,000 = 1100-1000 +P
11,000 = 100 + P
P= 11,000 -100
P= 10,900
Productions should be 10,900
Answer:
Trial Balance
Account <u> DEBIT CREDIT </u>
Cash 6,416** -
Account Receivable
Prepaid Insurance 2,400 -
Supplies 910
Equipment 33800
Common Stock 40600*
photography fees 3631
utilities expense <u> 705 </u>
TOTAL 44,231 44,231
Explanation:
*Common stock:
6,800 cash + 33,800 equipment = 40,600 total investment
**to calculate cash we need to do a T account
CASH
<u>DEBIT CREDIT </u>
6800
2400
910
3631
<u> 705 </u>
10,431 4,015
BAL: 6,416
The rest of the account are just used once so we do't have to do T-accounts to keep track of them
