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Phantasy [73]
3 years ago
5

Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because

his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must:
O Obtain a new engineering seal.
O Notify the Board office of the name change.
O Obtain a Certificate of Authorization.
O No action by Engineer Brown is necessary.
Business
2 answers:
frez [133]3 years ago
7 0

Answer:

Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must

Notify the Board office of the name change

Explanation:

Since it is the same company but just with change of name changes, notification to the company he render services for is only needed to avoid confusion about the authenticity of the company

igomit [66]3 years ago
4 0

Answer:

Obtain a Certificate of Authorization

Explanation:

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In which systems development life cycle do model developers use a model to generate functional requirements and physical design
Sergio [31]

The systems development life cycle in which model developers use a model to generate functional requirements and physical design specifications simultaneously is:

  • Prototyping life cycle

<h3>What is a Model?</h3>

This is a prototype which is used to represent a real thing to show the real life scenarios and applications on a much smaller scale.

With this in mind, we can see that in the prototyping life cycle, the model developers make functional requirements simultaneously to find out how the physical design specifications would look like.

Read more about life cycle here:
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2 years ago
The journal entry for the purchase of inventory on account using the perpetual inventory system is:.
Solnce55 [7]

The journal entry for the inventory purchased will be to record the sale and another one to record the cost of the sale.

<h3>What is a journal entry?</h3>

It should be noted that a journal entry is used to record the financial activities of a company.

In this case, the journal entry for the purchase of inventory on account using the perpetual inventory system is to record the sale and another one to record the cost of the good.

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7 0
2 years ago
In the "iron law of oligarchy," robert michels stated that bureaucracy always means ________
frutty [35]
The few rule the many. Hope this helped, have a great day! :D
7 0
3 years ago
Jane Doe, who has substantial personal wealth and income, is considering the possibility of starting a new business in the chemi
Kaylis [27]

Answer: The correct answer is "S corporation, to gain some tax advantages and also to obtain limited liability. ".

Explanation: S corporation is the legal form of business organization that probably adapts best to her needs because it would be a great advantage to have tax benefits and in turn limit the liability only to the capital contributed, this means that to meet your obligations you only respond with capital from the company and not with Jane's own assets.

7 0
3 years ago
Monitor Muffler sells franchise arrangements throughout the United States and Canada. Under a franchise agreement, Monitor recei
Sliva [168]

Answer:

1. $163,800

2. Dr Cash $ 89,000

Dr Notes receivable $ 671,000

Cr Deferred revenue $ 760,000

3. $ 607,120

Explanation:

1. Computation of the amount that Monitor would calculate as the stand-alone selling price

Total amount of franchise agreement $760,000

Less: stand-alone selling price of training $ (18,200)

Less: stand-alone selling price of building and equip $ (578,000)

Stand-alone selling price of five-year right $163,800

2. Preparation of journal entry that Monitor would record on July 1, 2016,

Dr Cash $ 89,000

Dr Notes receivable $ 671,000

(760,000-89,000)

Cr Deferred revenue $ 760,000

3. Calculation for the amount of revenue that Monitor would recognize in the year ended December 31, 2016,

Revenue to be recognised on:

1st Sep 2021:

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Building and Equipment sale $ 578,000

31st Dec 2021:

$163,800/60 Months*4 Months $ 10,920

Total Revenue to be recognized $ 607,120

Note that five-year will give us 60 months (5*12months and September to December will give us 4 months

6 0
3 years ago
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