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Vinil7 [7]
3 years ago
7

Which statement is true about culture and society?

Business
2 answers:
stepladder [879]3 years ago
6 0

Answer:

A. Within a society there exists many culture.

Explanation:

  • As the culture is composed of an entire set of values, norms and beliefs and the society is influenced by the norms of the cultural and a society can have lots of cultures and has thus significant impact on the ways of behaving and thinking.
TEA [102]3 years ago
5 0
A. is the only appropriate answer.
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It is the end of the year but not the end of the pay period. How will this affect the balance sheet?
Nataliya [291]

Answer:

This has no effect on the period-end balance sheet.

Explanation:

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

According to the question asked the balanced sheet was prepared before the pay period came so this effect will not affect the balance sheet.

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Joe Keller and Ed Keller are brothers and both are lawyers. They start a personal injury law firm. Over the course of six months
dlinn [17]

Answer:

<h2>They are bankrupt.</h2>

Explanation:

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3 years ago
Your friend sells specialty coffee on her website, and she tells you she would not have succeeded without her strong relationshi
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3 years ago
On January 20, 2017, Tamira Nelson, the accountant for Picton Enterprises, is feeling pressure to complete the annual financial
Nataliya [291]

Answer:

this case tells us about some sort of pressures that accounts feel when financial statements are needed urgently

Explanation:

1) As for using low estimates, this step was wrong on her part. she should have been upfront in her estimates. for the items that she could not estimate there should have been an indication that such items were still under review, instead of doing what she did to give the financial estimate a good look. Using guesses or deliberately using low estimates was a bad idea, GAAP would never condone that.

She should have met with the president and let him know that finalization of the financial statements would not possible within the time frame that he has given. She could have also explain that such delays are normal and she would have given estimates of when the draft internal copy would be made available to him. such steps she took could have resulted in serious consequences for the company

2) I would not inflate or deflate the figures on purpose to make financial statements look better. If it is time to present the draft and final year-end financial statements I will have to tell the truth on the numbers and estimations used and also the reasons for that. i would have explained the constraints that i was facing. if i was still being pressurized by the president,  i would have no choice than to call it quits instead of going against the ethics of my profession, since there are both ethical and legal implications to not giving inaccurate financial statements.

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