Answer:
a prior period adjustment
Explanation:
A prior period adjustment -
It is the correction of the accounting error which took place in the past and was written in the prior year of financial statement , net of the income taxes , is known as a prior period adjustment .
It is the method to fix the previous problem of past during the reporting .
hence , the correct term fro the given statement is a prior period adjustment .
All of them. You want people to be kind, focused, work together, and be smart.
In a world that is synchronized on a global scale, trade between nations is constant. Imports cannot be reduced by 20% in order to close the trade deficit.
<h3>Why it is not possible to reduce imports?</h3>
There are certain nations that will be impacted if the United States decides to cut imports by 20%.
As a result, imports from the United States will likewise be restricted in other nations.
In other words, the United States may experience a fall in exports while attempting to reduce imports. The overall impact on trade imbalances could be minimal.
The trade conflict between the United States and China is a good illustration. China responded to the United States taxes on its imports by imposing its own levies. As a result, both countries suffered.
As a result, there is no quick fix for decreasing trade deficits. A more delicate balance between consumption and production must be achieved over time.
The manufacturing industries must have favorable policies and incentives to encourage consumer demand for locally made items.
Check out the link below to learn more about trade deficit;
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Answer:
d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount
Explanation:
When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."
In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.
Answer:
The correct answer is letter "C": authority - exert economic and political power
.
Explanation:
The Project Management Institute (PMI) establishes in its "<em>Code of Ethics and Professional Conduct" </em>that there are four milestones important to consider for every project manager: <u><em>honesty</em></u><em>, </em><u><em>responsibility</em></u><em>, </em><u><em>respect</em></u><em>, </em>and<em> </em><u><em>fairness</em></u>. According to the PMI, those values drive not only the ethical life in the managerial but the real world, where the best outcome is the most ethical.
In that sense, "<em>authority</em>" has nothing to do with the PMI's Code of Ethics.
