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8_murik_8 [283]
3 years ago
6

All of the following are disadvantages of fair value use except aparability between companies may be impacted by different fair

value measurements. b.fair values may cause more fluctuations as changes occur from period to period. c.fair values can only be used on balance sheet accounts. d.fair values may not be readily obtainable.
Business
1 answer:
beks73 [17]3 years ago
4 0

Answer:

The answer is c. fair values can only be used on balance sheet accounts.

Explanation:

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This is value measurement generally used in accounting.

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Accountants include ________ costs as part of a firm's costs, while economists include ________ costs. Group of answer choices i
Goshia [24]

Answer:

Explicit, explicit and implicit

Explanation:

The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc

While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost

This is the answer but the same is not provided in the given options

8 0
2 years ago
Fred, a department manager, is attending the monthly budget planning meeting, where all the department managers report on their
Llana [10]
The answer to this question is active style of listening
active style of listening involves direct focus and attention to whoever your communication partner is.
Nodding his hands appropirately after a certain response could be used as an indicator because it indicates that fred making a conscious effort to listen to the communication partner.
3 0
3 years ago
Growth stocks:
crimeas [40]

option d. is the right option

7 0
3 years ago
Ashley Anderson pays her HOA dues of $660 for the calendar year. She then sells her property and closes on June 15. What is the
Alenkinab [10]

Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

<em>Step 1: Determine HOA per day</em>

Use the expression below to determine HOA per day;

T=H×N

where;

T=total HOA dues per year

H=HOA per day

N=number of days in a year

In our case;

T=$660

H=unknown

N=360 days

Replacing;

660=H×360

360 H=660

H=660/360

H=$1.83 per day

<em>Step 2: Determine amount of HOA that is due back</em>

Using the same expression;

T=H×N

but;

T=unknown

H=$1.83 per day

N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)

N=(15+30+31+30+31+30+31)=198 days

Replacing;

T=(1.83×198)=$362.34

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

5 0
3 years ago
Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat
nalin [4]

Answer:

Estimated manufacturing overhead rate= $40 per direct labor hour

Explanation:

Giving the following information:

This period's estimated overhead cost is $100,000 and an estimated direct labor cost of $50,000 and 2,500 direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 100,000/2,500= $40 per direct labor hour

6 0
2 years ago
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