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dezoksy [38]
3 years ago
5

Capitalizing costs that should be expensed: a. is a practice mostly found in large, well-established companies. b. is a healthy

practice if they written off shortly after the transaction takes place. c. usually has no effect on net income. d. has the effect of increasing net income by the same amount of the capitalized costs.
Business
1 answer:
EleoNora [17]3 years ago
8 0

Answer:

Option D. Has the effect of increasing net income by the same amount of the capitalized costs.

Explanation:

The reason is that the capitalized costs are the invesments in any assets whose useful life is more than one year and must be depreciated over useful life of the assets. If a expense nature cost is capitalized which must not be capitalized according to IAS 16 Porperty, Plant & Equipment then the expenses are understated which means that the profits are overstated. This means that presenting expenses as assets will increase the profits as costs will be fewer in amount presented in the financial statements.

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Sonja [21]

Answer:

See attached file

Explanation:

4 0
3 years ago
Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except: standardizing busi
soldi70 [24.7K]

Coca-Cola implemented enterprise software from Oracle that enabled it to achieve all of the following except reducing the number of employees. Thus the correct answer is D.

<h3>What is Oracle?</h3>

Oracle is a type of software developed as the most flexible and economical method of managing data and applications. Oracle Database created for corporate distributed systems.

The software used in coca-cola enables the organization to improve the business process with the help of standardization. It enables them to respond to market changes that took place immediately and make implementation based on current trends.

It helps them to reduce the cost of raw materials by properly bargaining with the suppliers and bringing material in an economic manner.

Therefore, option D reducing the number of employees is the appropriate option that is excluded by the software.

Learn more about software, here:

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7 0
2 years ago
What type of interest will earn you the most amount on your money?
kirill [66]
1=A
2=D
3=C
4=A
5=C
6=C
7=D
8=A
9=C
10=D
11=C
12=A
13=C
14=B

8 0
3 years ago
Which term refers to a system of rules and procedures designed to ensure the accuracy and reliability of financial and accountin
patriot [66]

Answer:

Internal controls is the correct answer.

Explanation:

6 0
3 years ago
A managed mutual fund:
Ilia_Sergeevich [38]

Answer:

b) Has a higher expense ratio than an index fund

Explanation:

A mutual fund is a diversified investment tool. The fund is a collection of different types of stocks that form a single investment asset. It is a basket of stock trading as a single asset. Purchasing one unit of a mutual fund is equivalent to purchasing several portions of each stock that make up the mutual fund.

A professional manager manages the mutual fund. He or she carefully selects the stocks that go into the basket forming the mutual fund. The manager charges a professional fee, which is usually a percentage of the investment. Due to this fee, a mutual fund is relatively expensive as compared to an index fund that does not require the input of a manager.

7 0
3 years ago
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