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Alex
3 years ago
11

One component of the pension liability under both U.S. GAAP and IFRS is prior service cost (or past service cost under IFRS). AB

C Company is trying to calculate the effect of PSC on their financial statements under both standards. Which of the following statements is true related to this analysis?
Business
1 answer:
Ket [755]3 years ago
4 0

Answer:

Option A is correct which states that".There is no such thing, in IASB standards, as a "contingent asset"

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A technology company needs 10 workers experienced in a newly developed programming language. Plenty of applicants express intere
uysha [10]

It would structural

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3 years ago
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Cheyenne is a manager at her company. She listens to an employee, Enu, voice his opinion about a policy that he disagrees with.
erastova [34]

Answer:

professional benefits

Explanation:

Based on the information provided within the question it can be said that this is an example of the professional benefits of listening. Listening to others in the workplace can bring various benefits to the workplace because it allows problems to be voiced and solved which like demonstrated in the question allows for a more relaxed and efficient work team.

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3 years ago
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The following is cost information for the Creamy Crisp Donut Company.Entrepreneur's potential earnings as a salaried worker = $5
jarptica [38.1K]

Answer:

Creamy Crisp's total revenues exceed its total costs, including a normal profit, by $366,000

Explanation:

Creamy Crisp's total revenue exceeds its total cost, including a normal profit by =

When answering this we use all the actual costs and revenue and all the hypothetical figures, or the opportunity costs and revenue as we need to calculate total revenue exceeding costs and normal profits.

Total revenue actual + potential = Entrepreneur's potential earnings as a salaried worker $50,000 + Annual revenue from operations $380,000 + Value of entrepreneur's talent in the next best entrepreneurial activity $80,000 + Entrepreneur's forgone interest on personal funds used to finance the business $6,000

= $516,000

Total costs = Payments to workers $120,000 + Utilities (electricity, water, disposal) costs $8,000 + Annual lease on building = $22,000

= $150,000

Creamy Crisp's total revenues exceed its total costs including a normal profit by $516,000 - $150,000 = $366,000

Since normal profit is included and not excluded normal profit shall not be computed separately and the final answer is $366,000

4 0
3 years ago
In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal c
Pachacha [2.7K]

Answer:

False

Explanation:

In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.

As for any extra unit produced

Marginal Benefit > Marginal cost = Surplus

Marginal Benefit = Marginal cost = No Surplus / No loss

Marginal Benefit > Marginal cost = loss

When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.

Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.

8 0
3 years ago
Barbara has $150 to open a checking account. Her employer will send her paycheck via direct deposit, but otherwise she wants to
Sunny_sXe [5.5K]
Dont know the answer, but i can tell you that combo is wrong. 
7 0
3 years ago
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