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marshall27 [118]
2 years ago
11

Under the IMA's standards of ethical practice, an accounting professional can consider informing authorities or individuals not

employed by the organization when an ethical dilemma occurs about an accounting or financial reporting matter that remains unresolved if he/she:A. Believes there is a clear violation of the lawB. Contacts his/her immediate superior who says to forget about the matterC. Informs the external auditors who tell him/her to inform the appropriate authoritiesD. Believes there has been an ethical violation
Business
1 answer:
Sedbober [7]2 years ago
7 0

Answer: Believes there has been an ethical violation

Explanation: IMA's overarching ethical principles include: Honesty, Fairness, Objectivity, and Responsibility. Members shall act in accordance with these principles and shall encourage others within their organizations to adhere to them. A member's failure to comply with the following standards may result in disciplinary action.

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During the fiscal year ended June 30, 20X9, the city of Moorhead constructed a new courthouse that was budgeted to cost $5,000,0
svetoff [14.1K]

Answer:

The correct answer to the following question is option A) $490,000.

Explanation:

In 20X9, June 30 , the city of Moorhead went on to construct a new courthouse whose total budgeted cost was $500,000.

And in July 20X8, the project was given to Diamond construction to build the courthouse for $480,000. And on June 20X9, Diamond completed the courthouse and gave city of Moorhead a bill of $490,000, which they accepted and paid. So the city of moorhead should report their expenses as $490,000 on the statement of revenues, expenditures and fund balance.

5 0
2 years ago
__________ are such things as product, price, place, and promotion and are considered part of the environment that influences th
Alenkinab [10]
The answer is "<span>Marketing stimuli".
</span>
Stimuli refers to any materials or things which are used to provoke respondents in a market research setting. Stimuli might be physical, (for example, an item) or sound/visual, for example, a film or site.Stimuli are for the most part visual, sound-related, composed or material and are utilized to expand customary interviewing methods, planning to guide respondents to concentrate on the key research point with no verbal or direct inciting and to request a response.
6 0
3 years ago
If expected return is less than required return on an​ asset, rational investors will​ ________.
DedPeter [7]
Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.
6 0
2 years ago
During the year, Bears Inc. recorded credit sales of $620,000. Before adjustments at year-end, Bears has accounts receivable of
AleksandrR [38]

Answer:

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

Explanation:

given data

credit sales = $620,000

accounts receivable = $320,000

past due = $55,000

credit balance = $2,600

rate = 7 %

rate = 22 %

solution

so here Not yet past due is = $320,000 - $55,000 -

Not yet past due = $265,000

and

past due = $55,000

so  Required provision is

Required provision = $265,000 × 7 % + $55,000 × 22 %

Required provision = $30650

and

Opening balance is $2,600

so

Required expense for year = $30650 - $2,600

Required expense for year  = $28050

so here

correct entry is

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

8 0
3 years ago
how much of a stock's $30 price is reflected in pvgo if it expects to earn $4 per share, has an expected dividend of $2.50, and
Kruka [31]

The amount of the stock price that will be reflected in the PVGO is $10

The value of an organization's potential future growth is symbolized by the acronym PVGO, or "present value of growth opportunities." It represents the potential value for the organization by reinvesting its earnings back into the business.

Expected Dividend payment (D) = $2.50

Total Earnings (E) = $4

Rate of return (ROR) = 20%

Step 1. Using no growth rate (GR), computing the stock price (SP)

Since the growth rate is not specified, 0% is taken as the default value.

The stock price (SP) = E/ROR

= $4 / 20%

Stock price = $20.

Step 2. Computing the SP reflected in PVGO.

So, total SP with no GR

= $30 - $20

Stock price with no growth rate = $10

Hence, the $10 will be reflected in the PVGO

Learn more about PVGO:

brainly.com/question/28434542

#SPJ4

7 0
10 months ago
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