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7nadin3 [17]
3 years ago
8

Which of the following items is NOT included in current assets? a. Cash. b. Accounts receivable. c. Bonds. d. Short-term, highly

liquid, marketable securities. e. Inventory.
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

c. Bonds.

Explanation:

Bonds are not included in current assets because usually they are long term investments whereas current assets are assets which are liquid and will be used or sold in a years time. Cash is a current asset because it is expected to be used or consumed in a years time, accounts receivable is a current asset because it is expected that our clients will pay us in a years time, highly liquid marketable securities are cash equivalents and inventory is also used in a year so it is also a current asset. Bonds on the other hand are long term and last more than a year that's why Bonds are not current assets.

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Under the temporal method, income statement items that relate to newly recognized assets and liabilities generally are remeasure
ad-work [718]

Answer: historical exchange rate

Explanation:

The temporal method is also referred to as the historical method. Under this method, the currency of a foreign subsidiary is being converted into the currency of the parent company.

It should be noted that under the temporal method, the income statement items which relate to newly recognized assets and liabilities generally are remeasured using the historical exchange rate.

6 0
3 years ago
​________ is the basic ingredient of character that is exhibited when you achieve congruence among what you​ know, say, and​ do,
BabaBlast [244]

Answer: Integrity

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5 0
3 years ago
Read 2 more answers
Mary worked on the assembly line at an automobile assembly plant. People weren't buying as many cars, and she was laid off. How
ahrayia [7]

We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.

The cyclical type of unemployment are mostly experienced during economic recessions.

It is obvious that people were not buying as many cars because of economic downturn.

Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

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<em>brainly.com/question/8865266</em>

7 0
3 years ago
Variance reports are: internal reports for management external financial reports SEC financial reports all of these
alina1380 [7]
Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing. 
8 0
3 years ago
Assume the following information from a schedule of cost of goods manufactured:
Evgesh-ka [11]

Answer:

The manufacturing overhead applied to work in process is:

D. $79,000

Explanation:

a) Data and Calculations:

Beginning work in process inventory          30,000

Direct materials used in production            50,000

Direct labor                                                   60,000

Total manufacturing costs to account for 219,000

Manufacturing overhead applied to WIP   79,000 (219,000 - 140,000)

Ending work in process inventory              72,000

b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period.  When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.

3 0
3 years ago
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