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
IrinaVladis [17]
3 years ago
14

Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th

e company's independent accountants did not protest when, contrary to GAAP, the company recorded bad debt expense only when specific accounts were determined to be uncollectible, rather than use an allowance for uncollectible accounts. The concept demonstrated is:_________ a) Comparability. b) Faithful representation. c) Cost-effectiveness. d) Materiality.
Business
1 answer:
lora16 [44]3 years ago
5 0

Answer:

d) Materiality

Explanation:

Materiality is defined as the impact of the omission of trivial matters that are important to the report audience. In the question given this materiality is the reason why the company's independent accountants did not protest.

I hope you find this information useful and interetsing! Good luck!

You might be interested in
Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially netw
Luba_88 [7]

Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially networked world will lead to connected users having more direct interactions with sellers.

What is Mobile marketing?

  • Mobile marketing is a multi-channel online marketing technique focused at reaching a specific audience on their smartphones, feature phones, tablets, or any other related devices through websites, e-mail, SMS and MMS, social media or mobile applications.
  • Mobile marketing can provide customers with time and location sensitive, personalized information that promotes goods, services, appointment reminders and ideas.
  • In a more theoretical manner, academic Andreas Kaplan defines mobile marketing as "any marketing activity conducted through a ubiquitous network to which consumers are constantly connected using a personal mobile device".
  • Mobile marketing may include promotions sent through SMS text messaging, MMS multimedia messaging, through downloaded apps using push notifications, through in-app or in-game marketing, through mobile websites, or by using a mobile device to scan QR codes.
  • Proximity systems and location-based services can alert users based on geographic location or proximity to a service provider.
  • Mobile marketing is an indispensable tool for companies large and small as mobile devices have become ubiquitous.
  • The key players in the space are the brands (and companies that they represent through advertising), and service providers that enable mobile advertising.
  • Mobile advertising targets audiences not so much by demographics but by behaviours.

To learn more about mobile marketing: brainly.com/question/4232483

#SPJ4

7 0
1 year ago
Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h
katrin2010 [14]

Answer:

A. The government should implement subsidies as they would help domestic businesses be able to afford to lower the prices of their goods and thus become more competitive.

Explanation:

The government adoption of subsidies in order to support domestic telecommunication is the most effective solution in the long run. Domestic firms will be able to compete with lower prices as the cost and expenses structure would have a lighter burden over revenue.

4 0
4 years ago
Read 2 more answers
Cheyenne is the manager of a local small hotel. just today cheyenne received word that a major convention will be coming to town
il63 [147K]
The contingency viewpoint  
This is a behavioural model of administration underscoring the contrasts between each issue or test an entrepreneur faces over a given timeframe.It helps an entrepreneur or a business executive to ensure he or she is utilising the possibility of every available way to deal with critical thinking looks at a wide assortment of components while deciding workable answers for every working environment issue
8 0
3 years ago
All of the following are true about time series methods EXCEPT a. they discover a pattern in historical data and project it into
motikmotik

Answer:

B. they involve the use of expert judgement do develop forecasts

Explanation:

A time series is a series of events that is spaced equally in time. It is a statistical technique used to identify a time based trend of events and them make forecast using data from the trend/time series.

Time series requires certain processes which include discovering of a pattern in the historical data, projection of the historical data into the future, assumption that the pattern will remain the same(constant) as the time goes by, etc.

In time series method, since historical data is the point of reference for making a forecast, no expert judgements is required to develop forecasts. This is because once the data of the series from the past has been taken and a trend/pattern has been identified, that becomes the basis for future forecasts.

Cheers.

8 0
3 years ago
Why do people cheat on the online course using this website?
Andru [333]
Because were stupid lol
5 0
3 years ago
Read 2 more answers
Other questions:
  • Fixed expenses consist of $300,000 of common costs allocated to the three products based on relative sales, as well as direct fi
    12·2 answers
  • Elroy Corporation repurchased 4,000 shares of its own stock for $30 per share. The stock has a par of $10 per share. A month lat
    6·1 answer
  • White Corporation, a closely held personal service corporation, has $150,000 of passive activity losses, $120,000 of active busi
    10·1 answer
  • ABC Corporation uses the weighted-average method in its process costing system.
    8·1 answer
  • In February, a homeowner contracted with a general contractor to have a basement storage space converted to a sauna, but never p
    6·1 answer
  • On September 1, 2012, Valdez Company reacquired 16,000 shares of its $10 par value common stock for $15 per share. Valdez uses t
    9·1 answer
  • Which one of the following is not covered by renter's insurance? additional living expenses accidental damage to the property of
    8·1 answer
  • In a repo transaction (or repurchase agreement), the one "buying" the collateral asset (with the promise of selling it back soon
    7·1 answer
  • "The "circuit breaker" on the domestic equities markets to reduce price volatility is INITIATED when the Standard and Poor's 500
    10·1 answer
  • Which communication theory is most relevant to a speaker developing a persuasive speech?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!