Their salaries are DIRECT EXPENSES. Direct expenses refers to expenses incurred which vary directly with changes in the quantity of cost objects. Cost objects are items for which expenses are measured such as costs of materials used to manufacture a product.
B Having courage to make decisions
Answer:
The Correct Option is C.
Explanation:
Vision is which a person see something either having a heavenly perspective or in the person or individual mind. Whereas the dream is what the person or individual see when the person or individual is asleep.
So, Jung believed that the dreams and the vision is important or vital form of communications from another domain.
Answer:
e. $4,500
Explanation:
Year Depreciation overstated Prepaid expense omitted
1 $2,500 $3,000
2 $4,000 $2,000
Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $3,000 - $2,000 = $23,000
This means that year 2's net income was understated by $5,000.
But year 1's net income was overstated by = $2,500 - $3,000 = -$500.
The adjustment on the retained earnings account should be $5,000 - $500 = $4,500
Answer: b. Income to the investor in the period of declaration
Explanation:
When an investor does not have a significant influence in a company which is usually defined as owning more than 20%, the dividends they receive will simply be calculated as income in the period it was declared.
If they had Significant influence then the Equity Method would have applied and led to more complex recording.
