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JulsSmile [24]
3 years ago
11

Small organizations with fewer resources will need to separate RAs, but larger and better equipped organizations have streamline

d the process so that only one RA is needed for all their systems.
a. True
b. False
Business
1 answer:
gtnhenbr [62]3 years ago
8 0

Answer:FALSE

Explanation: Large Organisations have several Revenue channels,so they have multiple streams of income,this streams of income can not be channelled through one path,but will have to follow different channels or Revenue accounts.

In small Organisations like the Sole proprietorship,their is only one or limited source of income,hence the income/revenue is regulated through one account which can be the account of the owner of the Business.

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Believing in your capabilities and demonstrating<br> confidence in the tasks that you perform
Montano1993 [528]
Helps to boost outs comes and productivity.
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3 years ago
Brown and Lowery, Inc. reported $470 million in income before income taxes for 2018, its first year of operations. Tax depreciat
damaskus [11]

Answer:

$20 Million

Explanation:

  • Reported Income before taxes for 2018= $470 Million
  • Tax Depreciation excess over Financially Reported Depreciation= $ 50 Million
  • Income Tax rate for 2018= 35%
  • Enacted Rate for Years after 2018= 40%

Calculation

  • The Deferred Tax Liability= Excess of Tax Depreciation over Financially Reported Depreciation × Enacted Tax Rate
  • = $50,000,000 × 40%
  • =$20,000,000

Deferred Tax Liability

This represents the tax due for a particular period but yet to be paid. A deferred tax liability is the indication that an organisation will have to pay mor tax in the future as a result of a current transaction.

In the situation of Brown and Lowery, the Deferred tax is an applied tax rate to the excess of tax depreciation over financial reporting depreciation.

Based on International Accounting Standard (IAS) 12, Deferred tax liability should be calculated using the Enacted rate for years after the current period.

Also, $50,000,000 is the excess of tax depreciationi over depreciation used for financial reporting, however, since the firm has a $20, 000,000 which is a non-tax deductible expense then it will not affect our Deferred Tax Liability Calculation.

8 0
3 years ago
Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank
Mamont248 [21]

Complete Question: Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to ________.

A) reduce the rate of customer defection

B) make low-profit customers more profitable

C) enhance the growth potential for each customer through cross-selling

D) increase the longevity of the customer relationship

E) focus disproportionate effort on high-value customers

Answer:

B) make low-profit customers more profitable

Explanation:

Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps the banks to make low profit customers more profitable.

The basic logic behind this strategy is that when customers find something coming free, then they start taking it for granted, they don't pay much attention to it, therefore, when the some services are free, customers will not be spending much on them, like upgrading, monthly plan up-gradations, monthly or annual subscriptions. Consequently, to turn the those customers into highly valuable customers, companies charge for the services which were free of cost in the past.

3 0
3 years ago
What are googles resources
Digiron [165]

Answer:

Resource Based View (RBV) of Google

Valuable Resources – Google is best known for its search engine. The search engine has been Google's most valuable resource, driving advertisements which accounts for a 96% of Google's $37.9 billion revenue. Employees are also one of Google's valuable resources

Explanation:

searched it up i dont think its right tho idk

7 0
3 years ago
A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuat
ExtremeBDS [4]

Answer:

its c

Explanation:

6 0
3 years ago
Read 2 more answers
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