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Dmitrij [34]
3 years ago
15

"An expenditure made in connection with a machine being used by a company to produce inventory should be expensed immediately if

it improves the efficiency of the machine but does not extend the useful life." True OR False
Business
1 answer:
Ipatiy [6.2K]3 years ago
4 0

Answer:

True

Explanation:

Efficiency related expenditures are more closely with day-to-day servicing of the machine. Such an expenditure just maintains machine's capacity to save the future economic benefits rather than improve its capacity.

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Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?
ziro4ka [17]

Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall

This is further explained below.

<h3>What is inflation?</h3>

Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.

To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.

In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.

Read more about inflation

brainly.com/question/15692461

#SPJ1

8 0
1 year ago
Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

                To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr  $17,722

                To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

= $17,722

5 0
3 years ago
ne of the most important financial management activities that a firm undertakes is its evaluation and allocation of investment f
natulia [17]

Answer:

This statement is True

3 0
3 years ago
PROJECT: FARM SAFETY RULES
tigry1 [53]

The correct answer to this open question is the following.

The way I would explain the colors to Gerald is by sketching out an imaginary shop, including the colors to differentiate the areas Gerald could understand the way colors are used.

According to OSHA, the Occupational Safety and Health Administration, every factory, business, shop, and office must identify different zones of risk through the use of colors.

Signs with color red menas fired-related hazards, hot water, hazardous objects or machines, fire alarms, the sign of an exit.

Signs with the color yellow is to indicate "precaution." To be aware of, watch your step, stumbling, or tripling. It is a color to indicate precaution and avoid injuries.

Signs in orange are to identify potential risks with an added explanation. It is not too great a risk such as in the case of the color red, but it needs to communicate that there is a risk with consequences. Example: low clearance levels or electrical hazards.

The green color indicates general messages or important messages to be aware of. No specific risk or danger. Just to inform people to be alert. This color suggests good practices in the workplace.

The blue color indicates informative messages unrelated to risk practices.

Messages such as "show your ID all the time," or sign in, before entering."

6 0
2 years ago
If coal mining produces a negative externality because it leads to environmental damage, then, at the market equilibrium, the:__
Aneli [31]

Answer: c. quantity of coal produced will be greater than the socially optimal quantity

Explanation:

The Socially Optimal quantity is the level of production that takes into account the negative externality being produced by coal and weighs it against the marginal benefit it brings.

If coal produces the negative externality of polluting the environment here then the socially optimal quantity of coal will be less than the market equilibrium because the marker equilibrium would not have taken into account the negative externality and will lead to more coal being produced than should be.

3 0
3 years ago
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