Answer:
D: All of the above
Explanation:
D. All of the above may be considered an appropriate action depending on the type of violation and the sponsoring partner’s corrective actions.
Failure to comply with these standards could result in, but is not limited to, the following:
• Your removal from all VITA/TCE Programs;
• Inclusion in the IRS Volunteer Registry to bar future VITA/TCE activity indefinitely;
• Deactivation of your sponsoring partner’s site VITA/TCE EFIN (electronic filing ID number);
• Removal of all IRS products, supplies, loaned equipment, and taxpayer information from your site;
• Termination of your sponsoring organization’s partnership with the IRS;
• Termination of grant funds from the IRS to your sponsoring partner; and
• Referral of your conduct for potential TIGTA and criminal investigations
Answer:
inaccessibility exception
Explanation:
https://quizlet.com/205638479/b-law-ch-32-flash-cards/
Answer:
The effect is an increase in the balance of assets by $87,000 and a corresponding increase in the balance of liabilities.
Explanation:
The accounting equation shows the relationship between all the elements of the balance sheet. These are the assets, liabilities and owners equity. It is shown as
Assets = Liabilities + Equity
When a company buys an asset on account, the entries required are debit assets, credit accounts payable. This means that asset increases but so does liabilities balance.
Hence asset increases to
= $624,000 + $87,000
= $711,000
Liabilities also increases to
= $262,000 + $87,000
= $349,000
Answer:
B
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
Market index fund is riskless and would have a beta of 1
by investing half in a riskless and half in a risky asset. beta would be equal to 1
Answer:
The correct answer is Assign costs of work process.
Explanation:
Among the main changes to be able to allocate costs, Julio must take the costs of work in process in a single account, instead of directly to different department accounts. This will ensure better control of the information, avoiding mistakes in the planning process.
