Answer:
Statement of Net Assets or statement of financial position.
Explanation:
Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.
A template for the creation of statement of financial position is provided by the IRS form 990.
Unrestricted assets are donations to the organisation that can be used for general expenses.
Temporarily restricted assets are set aside for a particular project by donors
Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.
Based on the scenario above, Mason is likely to be the
general manager. It is because he helps people in different departments in
regards of specific tasks in which a general manager would do, while Julio is
considered to be a functional manager because he makes sure that everyone in
his department has the skills and training in which a functional manager is
responsible of.
1. To define unacceptable behavior.
2. To provide certainty & stability.
3. To protect the public.
4. To provide mechanism for businesses to resolve disputes.
5. Law gives everyone a framework for how to ace and operate.
6. To make better decisions.
7. To sue & be sued.
8. To balance harm done by the offender against the individual and society at large.
9. To collect and generate revenue from the masses.
Just need one more sorry
Answer:
"B"
Explanation:
Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.
As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken
