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Wittaler [7]
3 years ago
7

Indicate with the appropriate letter the nature of each adjustment described below: Type of Adjustment A. Change in accounting p

rinciple (reported retrospectively) B. Change in accounting principle (exception reported prospectively) C. Change in estimate D. Change in estimate resulting from a change in accounting principle E. Change in reporting entity F. Correction of an error
Business
1 answer:
julia-pushkina [17]3 years ago
4 0

Answer:

A. Change in accounting principle (reported retrospectively) - PR

B. Change in accounting principle (exception reported prospectively) - PP

C. Change in estimate - E

D. Change in estimate resulting from a change in accounting principle - EP

E. Change in reporting entity - R

F. Correction of an error - N

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2.) Which of the following is true? A. The convenience yield is always positive or zero. B. The convenience yield is always posi
charle [14.2K]

Answer:

The correct answer is letter "A": The convenience yield is always positive or zero.

Explanation:

The convenience yield reflects the premium of possessing an asset instead of one of its derivates or contracts. This situation arises in front of inverted markets, where holding the asset itself may bring more profits than purchasing a derivate of the same asset.

<em>The convenience yield tends to be positive or zero because the prices of assets cannot fall below zero. In other words, they are not negative.</em>

7 0
3 years ago
Employees with a(n) ________ locus of control will probably resist close managerial supervision and should probably be placed in
Katena32 [7]

Answer:

Internal

Explanation:

Internal locus of control is the term which is defined as the belief that the events in life of the person, whether bad or good, are caused or occurred through the controllable factors like effort, attitude of the person and preparation.

For example, when the person fail in test, the person acknowledge that he had studied adequate and did not understand the vital questions.

Therefore, the internal locus of control will resist the close supervision of managerial. So, should be placed in jobs needed high initiative and lower compliance.

4 0
3 years ago
Bothell Company uses a job order costing system that allocates estimated overhead as 40% of prime costs. What is the cost of a j
Juli2301 [7.4K]

Answer:

$10,080

Explanation:

The computation of the cost of the job is shown below:

We know that

prime cost = direct material + Direct labor

= $2,000 + $5,200

= $,7200

Now  overhead is

= 40% of $7200

= $2,880

And,

Cost of job = direct material + Direct labor + overhead

= $2,000 + $5,200 + $2,880

= $10,080

4 0
3 years ago
Who are the main stakeholders that the y is attempting to reach with the information it has gained through its market research f
fredd [130]

Y is attempting to reach the following stakeholders through its research information:

Primary stakeholders: Primary stakeholders involve beneficiaries or the target of the efforts. These are the  people who are involved in  or the participants in a particular organization or they can be the residents of a particular geographical area or they can be a particular type of people community.

Secondary stakeholders: these are those people who are not directly involved but they are involved in connection to the primary stakeholders such as doctors, social workers, schools and their employees means those persons whose jobs and works get effected by the process or result of the effort.

To know more about stakeholders here:

brainly.com/question/23842144

#SPJ4

6 0
2 years ago
Identify the true statement about trade barriers.Group of answer choicesThey lower the costs of exporting products to a country.
n200080 [17]

Answer:

They may put a firm at a competitive advantage to indigenous competitors

Explanation:

  • A trade barrier is a restriction on international trade of import and exports of the products are also called as tariff barriers on imported goods and they include quotas, embargoes, they discourage the free trade and keep the principle of the comparative advantage.
  • The main arguments that they help protect the domestic companies, and industries, and the workers.
5 0
3 years ago
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