The answer choice that correctly describes the impact of the supplies purchase on the financial statements is A. total assets will remain unchanged.
<h3>What is an Asset? </h3>
This refers to financial property owned by a company or individual that has some degree of value.
Hence, we can see that given the fact that a company purchased supplies for cash that would be used in a few months, this would leave the total assets unchanged.
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Answer:
this case tells us about some sort of pressures that accounts feel when financial statements are needed urgently
Explanation:
1) As for using low estimates, this step was wrong on her part. she should have been upfront in her estimates. for the items that she could not estimate there should have been an indication that such items were still under review, instead of doing what she did to give the financial estimate a good look. Using guesses or deliberately using low estimates was a bad idea, GAAP would never condone that.
She should have met with the president and let him know that finalization of the financial statements would not possible within the time frame that he has given. She could have also explain that such delays are normal and she would have given estimates of when the draft internal copy would be made available to him. such steps she took could have resulted in serious consequences for the company
2) I would not inflate or deflate the figures on purpose to make financial statements look better. If it is time to present the draft and final year-end financial statements I will have to tell the truth on the numbers and estimations used and also the reasons for that. i would have explained the constraints that i was facing. if i was still being pressurized by the president, i would have no choice than to call it quits instead of going against the ethics of my profession, since there are both ethical and legal implications to not giving inaccurate financial statements.
a. Yes, but only if the service dog is an undue hardship for AMPCO
b. Yes, the ADA applies only once someone is an employee (not in the hiring stage)
c. Yes, because Carlos cannot perform the essential functions of his position
d. No, the ADA requires AMPCO to allow the service dog regardless of the particular circumstances
e. No, because that would be a violation of Title VII
No, the ADA requires AMPCO to allow the service dog regardless of the particular circumstances
Answer: Option D.
<u>Explanation:</u>
According to the ADA act which stands for American disability act, it is illegal to refuse a well qualified person for a particular post just because on the basis of his disability.
The ADA act the american disability act prohibits any public or any private company or businesses from discriminating against people just because of their disability. Employees do not require any kind of documentation for their service dog.
Answer:
Lane splitting is riding a bicycle or motorcycle between lanes or rows of slow moving or stopped traffic moving in the same direction. It is sometimes called whitelining, or stripe-riding. This allows riders to save time, bypassing traffic congestion, and may also be safer than stopping behind stationary vehicles.
Explanation:
Fluctuation in economic activity