Answer:
It ensures that the Effective internal control reduces the risk of asset loss, and helps ensure that plan information is complete and accurate, financial statements are reliable, and the plan's operations are conducted in accordance with the provisions of applicable laws and regulations. ... Why internal control is important to your plan.
Idk what the options are supposed to be but i know for sure that one of the answer is that it gives you $20,000 in student loans
People will eventually start cutting back on their spending since increased interest rates result in greater borrowing costs. Then, when the demand for goods and services declines, so does inflation.
Interest and other expenses incurred by an entity in conjunction with borrowing money are referred to as borrowing costs. An asset that requires a significant amount of time to prepare for use or sale qualifies as a qualifying asset.
A qualifying asset's cost includes borrowing expenses that are directly related to its purchase, construction, or production. The expense of other borrowing costs is recognized.
The fundamental tenet of IAS 23 Borrowing Costs is that if borrowing costs can be directly linked to the purchase, development, or production of a qualifying asset, they should be capitalized. Additional borrowing expenses are deducted from profit or loss.
Learn more about borrowing costs here
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Answer:
<h2>☆ <u>Hola</u>! <u>Friend</u>! ☆</h2>
<h3>■ The chef de cuisine, or executive chef is in charge of the entire kitchen.</h3>
<h3>■ This position is the highest rank in the kitchen hierarchy.</h3>
<h3>■ The sous chef is the second in charge and often training to become a head chef.</h3>
<h3><u>Follow</u> <u>Me</u> ❤❤</h3>
Answer:
The estimated cost of the ending inventory is $120,000
Explanation:
Retail Inventory method is used to estimate the value of inventory using retail price of the inventory.
Ending inventory is the value of Inventory in store at the end of accounting period. It is calculated as follow
Closing Inventory value = Goods available for sales - Goods sold during the period
As the Inventory is already given in the retail value
Closing Inventory value = $400,000 - $280,000 = $120,000
