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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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In a planned economy, prices of commodities are controlled by _________.
GalinKa [24]

The correct answer is C. The government

Explanation:

The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.

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Wind damage occurs to your car costing $800 to repair. If you have a $100 deductible for collision and full coverage for compreh
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Answer and Explanation:

C. $500

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A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter
grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

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Therefore, the exporter's true effective annual financing cost is 5.52%

6 0
3 years ago
Arriving 20 minutes early to an interview _____. is too early because you will not be able to use your cell phone during that pe
Vikki [24]
If you are 20 minutes early to interview it shows that you can be early for things but sometimes too early to be able to do anything
6 0
2 years ago
Eleven baseballs are randomly selected from the production line to see if their stitching is straight. Over time, the company ha
zhenek [66]

Answer:

The production quality deviates from the standard. Production should de stopped.

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Quality management is the process of detecting and reducing or eliminating errors in manufacturing. The focus of the process is to improve the quality of an organization's outputs.

The company standard of production is that 98,3% of their stitching must be straight. The quality can't be lower than that percentage. Any deviation must be analyzed and fixed.

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3 years ago
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