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Korvikt [17]
3 years ago
10

What are the basic element of selection of profession describe any two of them​

Business
1 answer:
Lilit [14]3 years ago
8 0

Answer:

• A professional makes deliberate choices where others have choices made for them or they simply react to what comes their way.

° A professional is afforded the luxury of making deliberate choices because he has made deliberate preparations.

•A professional can make deliberate preparations because his understanding of and familiarity with the relevant (professional) landscape informs him on how to prepare. Also, like the chess master, he is trained to understand the inevitable results of hundreds of different patterns; he has disciplined himself to observe the whole board and not just the most immediate features or the area with the most tension in the game.

•A professional is seldom caught off-balance. The discipline for deliberate preparation and the understanding that comes with it allow that even when something unexpected or unfamiliar is introduced, a professional can quickly understand its basis and easily extrapolate the appropriate tactic, strategy, or process for ethically and successfully resolving issues.

•In this capacity, and most fundamentally, a professional habitually makes the right choices because all of his choices are based on the integrity provided by his moral and ethical foundation. Any choice of expedience over integrity can quite easily be recognized by anyone as the wrong choice. Here, the professional simply acknowledges what is obvious, makes the right choice, and acts deliberately (and now we're back at the start of this list).

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Martinez Company reports pretax financial income of $73,600 for 2020. The following items cause taxable income to be different t
Ray Of Light [21]

Answer:

prepare the journal entries to record income tax expenses,deferred income taxes and income taxes payable for 2020

5 0
4 years ago
All of the following are methods of evaluating the risk of a project except multiple choice the net present value profile a mont
Eduardwww [97]

The answer choice that is NOT a method of evaluating the risk of a project is its B. Profile

<h3>What is Risk Management?</h3>

This refers to the identification of risk in any venture and the evaluation of the response to risk factors.

Hence, we can see that when a person is evaluating the risk of a project, he would have to check the net present value, the coefficient of variation, etc, but the evaluation of the profile is not a method of risk evaluation of the project.

Read more about risk management here:

brainly.com/question/13760012

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6 0
2 years ago
Required information
liberstina [14]

Answer and Explanation:

1.

The estimation of the required balances are as follows:

<u>Age           Balance     Estimated              Estimated Uncollectible amount</u>

<u>of               Dec-31        Percentage</u>

<u>Accounts             Uncollectible</u>

Not yet due $620,000    0.85%                         $5,270.00

1–30 days     $248,000    1.60%                          $3,968.00

31–60 days   $49,600      6.10%                          $3,025.60

61–90 days $24,800       30.75%                        $7,626.00

Over 90 days $4,960     64.00%                         $3,174.40

Total                $947,360                                        $23,064

2.

Now the journal entry is

but before that following calculation is needed

Ending balance of allowance for doubtful account $23,064

Less: Opening balance in allowance for doubtful account -$19,564

Bad debt expense for the year $3,500

The journal entry is

Bad debt expense $ 3,500  

       To Allowance for doubtful accounts $ 3,500

(Being bad debt expense is recorded)

7 0
3 years ago
Travis Company purchased merchandise on account from a supplier for $8,000, terms 2/10, net 30. Travis Company paid for the merc
butalik [34]

Answer:

(A)

inventory 8,000 debit

  account payable 8,000 credit

to record purchase ofthe merchandise on account

(B)

account payable    8,000 debit

  inventory                                       80 credit

 cash                                            7,920 credit

to record payment within discount period

Explanation:

(A)

The company will increase his inventory by the nominal, and declare the account payable (liability) with his supplier.

(B)

We write-off the account payable.

We record the cash paid.

discount 2% x 8,000 = 80

8,000 - 80 = 7,920 cash disbursement

The difference decrease the inventory because, we are on perpetual inventory, <u>we adjust directly to inventory,</u> we don't use a discount account.

6 0
3 years ago
Read 2 more answers
The constant-growth dividend model will provide invalid solutions when
scZoUnD [109]
<span>The constant-growth dividend model will provide invalid solutions when the growth rate of the stock exceeds the required rate of return for the stock.

The constant-growth dividend model is also known as the Gordon growth model. This model is used to help determine the intrinsic value of a stock based on how future dividends grow at a set rate. Intrinsic value is defined as the real value of a company or asset based on what the perception of the value is. Both intangible and tangible factors are accounted for when determining intrinsic value. 
</span>
3 0
3 years ago
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