Answer:
b. $600,000
Explanation:
The company has to record as revenue the product at the list price, then if exist a special discount on the price list, it must be record as discount applied to products in the Income Statement, separate of Revenue or Gross Sales.
The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.
Answer:
The correct answer is False.
Explanation:
Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.
Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
</span><span>
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Right to Safety</span>
</span>
<span>
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Responsibility of Right to Safety</span>
</span>
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<span>
Right to Be Informed</span>
</span>
<span>
<span>
Responsibility of Right to Be Informed</span>
</span>
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<span>
Right to Choose</span>
</span>
<span>
<span>
Responsibility of Right to Choose</span>
</span>
<span>
<span>
Right to Be Heard</span>
</span>
<span>
<span>
Responsibility of Right to Be Heard</span>
</span>
<span>
<span>
Right to Redress</span>
</span>
<span>
<span>
Responsibility of Right to Redress</span>
</span>
<span>
<span>
Right to Consumer Education</span>
</span>
<span>
<span>
Responsibility of Right to Consumer
Education</span>
</span>
<span>
<span>
Right to Healthy Environment</span>
</span>
<span>
<span>
Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer:
The correct answer is letter "C": certification of false financial statements.
Explanation:
The Sarbanes-Oxley Act (SOX) is a statute that aims to increase corporate governance and enhance internal control of companies. SOX's primary purpose is to protect stakeholders from false corporate financial statement representations. Investors must know that the financial information on which they rely is accurate and that their accuracy has been checked by an independent third party.
<em>Altering, destroying, covering-up or falsifying information in the financial statements of a firm is considered a crime since the SOX implementation with a maximum sentence of 20 years.</em>