Answer: $1,350
Explanation:
The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.
The expense to be recorded for the first month will therefore be:
= 32,400 / 24 months
= $1,350
The answer to this is 1000
Answer:
He researches, analyzes, and summarizes information about fraud.
Answer:
A) Part-time members must sever employment relationships with former employers
D) IASB shall comprise 16 members, and up to 3 of those members may be part-time
Explanation:
Since December 1, 2016, the International Accounting Standards Board (IASB) has 14 board members (reduced from 16 by the 2015 constitution review). All of the 14 members are full time members, there are no more part time members. Each member is appointment for a 5 year initial term that can be renewed for either a 3 or 5 year second term. But no member can serve for more than 10 years.
