Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: The law sets minimum standards of behavior while ethics set maximum standards. Laws are created and enforced by governments based on society's ethics to mediate our relationships with each other and to protect their citizens.
Answer:
The amount that would be shown as a transfer out in the governmental activities column in the Statement of Activities would be:
= $0.
Explanation:
a) Data and Calculations:
Transfer from the General Fund to a debt service fund = $1,100,000
Transfer from the General Fund to a special revenue fund = $500,000
Transfer out = $0
b) The transfers of $1,100,000 to the Debt Service Fund and $500,000 to the Special Revenue Fund are Internal Service funds involving governmental activities. They are unlike enterprise funds that reach the control of the government's internal services. In this case, therefore, there is no transfer out, as the transfers were within or internal.
Answer:
47,900
Explanation:
The projected sales for curley publishers is 51,000
The beginning inventory is 3,600
The ending inventory is 5,000
The budgeted projection units in 2016 can be calculated as follows
= 51,000+5000
= 51,500-3600
= 47,900
Hence budgeted projection units is 47,900
Answer:
Accounting standard-setters such as International Accounting Standards Board, use the following process in establishing accounting standards:
Research-discussion paper-exposure draft- standard
As a result,option D is correct.
Explanation:
When a new standard is envisaged,rigorous research is undertaking,followed by the call for experts to submit discussion papers from exposure draft is crafted before a standard is finalized.
