1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lina20 [59]
3 years ago
6

To satisfy the stewardship reporting responsibility of management, companies prepare multiple sets of special-purpose statements

to meet the information needs of a variety of financial statement users.
Business
1 answer:
pochemuha3 years ago
6 0

Answer:

False

Explanation:

  • There is no need to satisfy the report for management.
  • Companies prepare various financial reports for there internal and external users.
  • The financial statement includes profit and loss account and balance sheet, there is no relation between them to satisfy stewardship reports.
  • Well designed studies of stewardship indicate donors: • the significant impact of their contributions. • To use their contributions according to their purpose.

You might be interested in
The price index was 136 in one year and 142 in the next year. what was the inflation rate between the two years?
Olegator [25]
The inflation rate was 4.41 percent
5 0
3 years ago
TOPIC #2 - Posted Tuesday- The properly classified Balance Sheet 1) Prepare a properly formatted Asset section of the Balance Sh
Darina [25.2K]

<u>Solution and Explanation:</u>

                   A Balance Sheet  is as follows:

Assets

Current assets    

Cash                                     11000  

Trading securities                   6000  

Accounts receivable (net)  24000  

Inventory                             30000  

Prepaid expense                       2000  

The Total current assets                                                         73000

The Long term investment    

Land held for future business site  18000  

The Total investment                                                                  18000

Property,plant and equipment    

Equipment                                    25000  

Less: the Accumulated depreciation

on equipment and furniture      -15000  

Total property,plant and equipment                                 10000

Intangible assets    

Patent                                               4000  

The Total intangible assets                                                            4000

The Total Assets                                                                           105000

6 0
3 years ago
Which of the following is used to describe government policies that restrain trade between states?
Alisiya [41]
Protectionism--it's the opposite of Free Trade.  Typically the idea with protectionism is to protect a nation's home industry from an influx of lower priced imports.
7 0
3 years ago
Which one of the following is not a physical control? Group of answer choices Bank safety deposit boxes for important papers Ind
VashaNatasha [74]

Answer: Independent bank reconciliations.

Explanation:

A bank reconciliation is a process by which the records of a bank account are verified to be correct, by comparing the personal records with the records that appear on the bank statement. This process is usually done independently when a company wants to audit its accounts and reconcile its processes.

Because this is a review of bank accounts (savings, payroll, checking accounts), no physical control is needed to do it, but rather a monetary control.

<em>I hope this information can help you.</em>

7 0
3 years ago
1. For a given meal, a chef may prefer grilling to baking because it
tangare [24]

[] Answer []

\boxed{Produces \ more \ intense \ flavor}

[] Explanation []

For a given meal, a chef may prefer grilling to baking because it <u><em>produces more intense flavor</em></u>.

Chef - Cooks instead of bakes (Uses stovetop)

Baker - Bakes instead of cooks (Uses oven)

       When cooking, you are making meals and entrés, instead of pastries and baked goods. When cooking, a chef always wants to let out he most flavor he can. This is why he grills. When grilling, you cook your food in oil, butter, marinade, etc. All these flavors soak into the food, causing it to erupt with flavor. This is why when a chef cooks meat, he lets it soak in marinade, butter, wine, herbs, etc. first, then cooks them in it second. This entices the flavor, causing it to to be more tasteful and delightful.

       A chef prefers to grill because it pulls out the flavor, where-as baking is a slower, less intense method of producing / cooking food. Baking is more bland and does not create a superb audience. When cooking something, you are allowing your food to soak in grease, wine, etc. When baking something, your food sits there slowly without any interaction too much flavor.

\boxed{[] \ Eclipsed \ []}

4 0
4 years ago
Other questions:
  • Consider the different characteristics of the aggregate demand curve the statements below, determine which curve is being descri
    7·1 answer
  • For each of the following transactions of JonesSpa Corporation, for the month of January, identify each as an investing activity
    5·1 answer
  • Which type of organizational strategy presents similarities and differences between two or more items?
    10·1 answer
  • When units are moved from one processing department to the​ next, the cost associated with those units must also be moved from o
    5·1 answer
  • Barbara is selling her car. She knows that the brakes do not work. When a potential buyer asks Barbara if there are any problems
    11·1 answer
  • Ruston Company had Net Income for 2020 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2020. The e
    12·1 answer
  • Leslie’s firm collected a huge amount of data. Over time, the employees felt that the applications slowed down. What should Lesl
    7·1 answer
  • Consider the following statements regarding the economic pricing model:
    6·1 answer
  • Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be pro
    6·1 answer
  • When reagan took office, he brought with him a new economic philosophy. with the guidance of his economic advisors, he tried to
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!