Answer: PRIVACY. 100% postive
Explanation:
Answer: 61,200 units
Explanation:
Using the FIFO method:
= Equivalent units for beginning WIP + Units started and finished + EUP Ending WIP
Units started and finished = 65,000 additional units - 10,000 closing WIP
= 55,000 units
80% of the beginning WIP had been completed in the previous month so only 20% remains.
EUP Conversion = (1,000 * 20%) + 55,000 + (10,000 * 60%)
= 61,200 units
Answer: Please refer to the explanation section
Explanation:
The question is incomplete, the statement which we much choose from are not given in the question we will explain the question and provide a clear solution to make it easier for the student to single out a false statement.
Property acquisition was financed by two mortgage Bonds, First Mortgage Bond was $60 000 and the second mortgage bonds was $23 500. Ignoring interest rate we can assume that the Value of the Property is $83500 ($60 000 + $23 500).
Property was sold for $88000, There is a profit on sale of the property. Profit earned amounted to $4500 ($88000 - $83500). The profit on sale of property ($4500) will reported on the income statement. The property Value will be derecognized from long term assets in the the balance sheet statement.
The profits on sale of the property will form part of the net income for the year. Net income is distributed to shareholders in the form of dividends. We can therefore conclude that a portion of Profits on sale of property, if not all will be distributed to the share holders as dividends
The given transfer must be in writing or assignment
.
Option D
<u>Explanation:
</u>
An assignment arrangement is a contract that assigns to the client, holder of the IP, all or part of the intellectual property rights, by the owner of the IP, including that of the right to prohibit others from exercising the assigned rights. To put it simply, IP distribution is the transfer of IP.
In adherence to the Indian Agreement Act, 1872, an Assignment Contract should be signed and, if necessary, it must be properly marked in compliance with the Indian Stamp Act, 1899.
Clear laws covering special forms of IP specifies what privileges are permitted under the statute, whether, and to what degree. The IP service process ranges from registering or not to managing the IP.
