Answer:
b. limited-life or indefinite-life.
Explanation:
As we know that as per current accounting practice, intangible assets are classified as Limited-life or indefinite-life.
Answer:
$180,000
Explanation:
A sunk cost refers to the cost that is incurred by the businesses but this cost cannot be recovered by the businesses.
Here, given that
Cost of equipment = $600,000
Accumulated depreciation = $420,000
Cost of new machine = $790,000
In this situation, the sunk cost is determined by subtracting the cost that are related to previous year from the cost of the equipment.
Sunk cost = Cost of equipment - Accumulated depreciation
= $600,000 - $420,000
= $180,000
This is distributive justice by defition
Answer:
The organization charged with protecting investors and the public by requiring full disclosure f financial information by companies offering securities to the public is the:_______
d. Securities and Exchange Commission.
Explanation:
The SEC (Securities and Exchange Commission) is an organization that has continued to discharge three main responsibilities with regards to the securities market. It has protected investors' investments in the capital market, maintained fair, orderly, and efficient capital markets, and facilitated capital formation. It regulates investments and the exchange of securities. It restores confidence in the capital market. It also provides transparency into the financial workings of U.S. companies.
Answer:
C. Safe driving
Explanation:
Behavioral factors refer to the lifestyle habits of an individual. Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company. Insurance companies consider
- the car and its safety features,
- the driver's history and habits,
- insured credit history, among other factors, when determining auto premiums.
Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history. A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.