Sam's is liable for defamation statement is true.
<u>Option: A</u>
<u>Explanation:</u>
The vice president of public relations in Sam's Sandwiches issued the following false statement regarding the type of meat the Hamburger Hamlets, Inc use in there fast food products like burger. This showcase the defamation form Sam's side, which is the verbal or written transmission of a false statement about someone else that unjustly damages their image and is typically a felony or a punishment.
Diffamation law only finds defamatory claims if they are, in reality, false. A real assertion is not regarded as slander. In fact, expressions of belief are not assumed inaccurate because of their existence, since they are specific to the speaker.
Complete question:
Assume the following general flow of documents in an accounting system. Reply to the following question:
"Source Documents --> Journals --> Ledgers"
The auditors are concerned about source documents that reflect valid transactions that have not been recorded in the journals. Which procedure would be most effective?
(1) Trace from source documents to journals.
(2) Vouch from journals to source documents.
Either (1) or (2).
Answer:
(1) Trace from source documents to journals.
Explanation:
Tracing is the method of tracking the transaction back to the source document in accounting records. Transaction failures are monitored and auditors are often used to ensure whether transactions have been properly reported.
Tracing relates to the compilation and the follow-up to the record of an financial transaction (the source document).
Tracing checks to see that the transactions that happened in the financial reports are registered. Therefore it would be most effective to translate "Trace documents from source into journals."
Answer:
a corporation make money from stocks at the IPO. Initial Public Offering.
Explanation:
A corporation only makes money out of a stick when it is Issued for the first time. This operation is called IPO and it’s the primary market for a stock in the exchange market.
After the stock is sold to an investor the stock goes into the secondary market, In the secondary market the people that make a profit out of the sale of a stock are the stockholders but not the corporation.
Answer:
First Year Depreciation: 12,400
Second Year Depreciation: 7,440
Explanation:
![\left[\begin{array}{ccccc}Year&Beginning\:Book&Dep \:Expense&Acc\:Dep&Ending\:Book\\0&-&-&-&31000\\1&31000&12400&12400&18600\\2&18600&7440&19840&11160\\3&11160&4464&24304&6696\\4&6696&2678.4&26982.4&4017.6\\5&4017.6&2017.6&29000&2000\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DYear%26Beginning%5C%3ABook%26Dep%20%5C%3AExpense%26Acc%5C%3ADep%26Ending%5C%3ABook%5C%5C0%26-%26-%26-%2631000%5C%5C1%2631000%2612400%2612400%2618600%5C%5C2%2618600%267440%2619840%2611160%5C%5C3%2611160%264464%2624304%266696%5C%5C4%266696%262678.4%2626982.4%264017.6%5C%5C5%264017.6%262017.6%2629000%262000%5Cend%7Barray%7D%5Cright%5D)
To calculate each period depreciation we multiply the book value by the double-declining rate of 2/5
At the last year, you will depreciate until salvage value is reached.
