1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
egoroff_w [7]
3 years ago
11

The full disclosure principle requires a balance between_______________.

Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

Relevance and cost effectiveness  

Explanation:

Full disclosure principle means that a business should report all the relevant and necessary information regarding their financial statement to the people who are accustomed to reading it as not disclosing full information might affect the readers understanding.

It prevents any lack of information from the business's financial information and helps to ensure that  creditors, stakeholders and investors are aware of all the relevant information while making key decisions that affect the company.

Not disclosing all the information could manipulate the companies financial statement and it may look stronger that it really is.

You might be interested in
Current disposable income held to buy consumption goods in the future is referred to as:______.
maxonik [38]

The current disposable income held to buy consumption goods in the future is referred to as saving.

Consumables are goods that are best suited for their end use. In other words, the end-user of consumer goods is the consumer themselves, and capital goods are the goods used to manufacture consumer goods.

Common examples include food, drink, clothing, shoes, and gasoline. Consumer services are usually intangible products or actions that are produced and consumed simultaneously.

Learn more about   consumption goods here

brainly.com/question/18849286

#SPJ4

3 0
2 years ago
Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common
malfutka [58]

Solution:

Power Drive Corporation has the following beginning balances in its stockholders’ equity accounts on January 1, 2012:  

Common Stock, $100,000;  

Additional Paid-in Capital - common stock    $4,830,000;  

Retained Earnings,  $2,520,000.  

March 1 Issues 55,500 additional shares of $1 par value common stock for $67 per share.

Dr Cash 3,718,500

Cr Common stock 55,500

Cr Paid-in Capital 3,663,000

At this point there are 175,500 common shares outstanding

May 10 Repurchases 11,000 shares of treasury stock for $89 per share.

Dr Treasury stock 979,000

Cr Cash 979,000

At this point there are 164,500 common shares outstanding

June 1 Declares a cash dividend of $1.50 per share to all stockholders of record on June 15.  

Dr Cash dividend 246,750 (164,500 x $1.50)

Cr Dividend payable 246,750

July 1 Pays the cash dividend declared on June 1.

Dr Dividend payable 246,750

Cr CAsh 246,750

October 21 Reissues 3,000 shares of treasury stock purchased on May 10 for $95 per share.

Dr Cash 285,000

Cr Treasury stock 267,000 (3,000 x cost of $89)

Cr Additional paid-in capital - treasury stock 18,000

At this point there are 167,500 common shares outstanding   Stockholders' equity

Common stock - 175,500 shares of $1 par issued, 167,500 outstanding $175,500

Additional paid-in capital - common stock $8,493,000

Additional paid-in capital - treasury stock $18,000

retained earnings $2,803,250

less Treasury stock (8,000 shares) $712,000

Stockholders' equity $10,777,750

4 0
3 years ago
Your organization entered into an interoperability agreement (IA) with another organization a year ago. As a part of this agreem
Nata [24]

Answer:

1)Verify compliance with the IA documents

2) Conduct periodic vulnerability assessments

Explanation:

From the question we are given about instance, whereby Your organization entered into an interoperability agreement (IA) with another organization a year ago. As a part of this agreement, a federated trust was established between your domain and the partner domain. The partnership has been in the ongoing operations phase for almost nine months now. As a security administrator,. In this case, the tasks should you complete during this phase are;

1)Verify compliance with the IA documents

2) Conduct periodic vulnerability

An organisational interoperability agreement can be regarded as a resource which can be attributed to a private nature which give the structure of governance rules so that there will be a working relationship among

digital public services to have a functioning value.

7 0
3 years ago
In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depos
Dafna1 [17]

Answer:

The correct answer is option D.

Explanation:

In​ 2008, as a financial crisis began to unfold in the United​ States, the FDIC raised the limit on insured losses to bank depositors from​ $100,000 per account to​ $250,000 per account.

During the financial crisis, there was a sense of panic. The regulators were concerned that depositors would expect their banks to crash and would fear that they may lose their money. The regulators expect the depositors to pull money back from their banks. The money supply will get reduced further. This will further reduce the money with banks. This could lead to even healthy banks to fail.

Raising the insurance limit would reassure depositors that their money was safe in banks and prevent a bank panic. This will further help to stabilize the financial system.

4 0
3 years ago
Sobota Corporation has provided the following partial listing of costs incurred during August: Marketing salaries $ 51,600 Prope
horrorfan [7]

Answer:

Product costs= $259,700

Explanation:

Giving the following information:

Direct materials $ 168,800

Direct labor $ 90,900

<u>The product costs are all expenses directly involved in the production. It generally involves the prime costs (direct material and direct labor).</u>

<u />

Product costs= direct material + direct labor

Product costs= 168,800 + 90,900

Product costs= $259,700

7 0
3 years ago
Other questions:
  • During January, Luxury Cruise Lines incurs employee salaries of $1.1 million. Withholdings in January are $84,150 for the employ
    12·1 answer
  • Martin is a manager at Antrix Computers. A team of 15 people report to him. Elliot is Martin's least preferred coworker because
    5·2 answers
  • According to Lee, by developing collaborative relationships with suppliers and customers, employing postponement, building a dep
    8·1 answer
  • Written promise to pay a specified amount of money
    11·1 answer
  • Solstice Company determines on October 1 that it cannot collect $60,000 of its accounts receivable from its customer, P. Moore.
    12·1 answer
  • Kiosks and carts are ideal locations for
    5·2 answers
  • Your assistant wants to use secondary data exclusively for the current marketing research project. You advise him that the use o
    6·1 answer
  • A project is expected to generate annual revenues of $119,300, with variable costs of $75,400, and fixed costs of $15,900. The a
    14·1 answer
  • RadioWaves, Inc. is a manufacturer of weather radios. It has two departments: assembly and testing. In March 2018, the company i
    10·1 answer
  • Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Ins
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!