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
AVprozaik [17]
3 years ago
10

Which one of the following conditions is not a requirement for an item to be recorded as a liability on a company's balance shee

t?
a) It involves a probable future sacrifice of economic resources by the company.
b) It reduces the market value of the company.
c) It involves a probable future sacrifice to another entity.
d) It a present obligation, arising from a past transaction or event.
Business
1 answer:
Allushta [10]3 years ago
7 0

Answer:

c) It involves a probable future sacrifice to another entity.

Explanation:

A Liability is defined by the <em>Conceptual Framework</em> as Present Obligation of the entity as a result of past event, the settlement of which will result in the outflow of future economic benefits from the entity.

Additionally liabilities are meant to reduce the market value of the company.

You might be interested in
Natal Technologies is developing a superior ultrasound machine for which it is required to invest $800,000. Based on the company
zaharov [31]

Answer:

d. 4 years.

Explanation:

The payback period is the length of time that it takes for the future cash flows to equal the amount invested in a project. It takes 4 years to get $800,000 for  Natal Technologies product.

5 0
3 years ago
On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $236,300 an
Studentka2010 [4]

Answer:

Equipment, credit, $229,100

Explanation:

we record the entry when we purchase the equipment is

we debit the equipment, and credit the cash/accounts payable depending on whether we paid the cash or purchased the equipment on account.

We debit the equipment because equipment is our asset, and when asset goes up we debit them. We credit the cash because again cash is our asset and when asset goes down we credit them.

Now at the time of disposal, we want to remove the asset from our balance sheet. Equipment is disposed now. In other words, equipment is our asset, and disposing the equipment means asset goes down, and we show this effect by credit the equipment.

5 0
3 years ago
Jeeves consulting requires a performance evaluation method that is less time consuming to develop and administer and allows for
soldi70 [24.7K]

<span>Jeeves consulting needs a performance evaluation method in quantitative analysis and comparison. Because of this, they need a technique evaluation that will be of help of assessing and evaluating a performance. What they should use is the graphic rating scales as it fits the method they need to use as it is a performance appraisal method in a way of having to show quantitative analysis and comparison. It enables to show effective performance and to show rates and differences of what is being compared. It is easier to use for it is less time consuming in the process of administering and developing.</span>

4 0
3 years ago
Four ways in which the kruger national park combats rhino poaching
alina1380 [7]
As I remember it correctly four strategies <span>in which the kruger national park combats rhino poaching sound like that:
*Restricted trade in rhino horn;
*Unrestricted trade in rhino horn;
*Status Quo;
*Demand reduction.</span>
5 0
3 years ago
Thao is interested in construction and architecture. She would like to become a Civil Engineer in the future.
Dominik [7]

Building, construction, and maintenance of physical architecture is a profession of civil engineering.

Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.

The competencies that also conform to the civil engineering career seem to be:

  • Skilled in mathematics, science, and computer design.
  • Likes mechanically inclined to work with her hands.
  • <u><em>Good, patient, </em></u>and <u><em>persistent communicating</em></u>.
  • It could be use to discuss ideas and subjects, defend them and negotiate.

Learn more:

brainly.com/question/11315203

5 0
3 years ago
Other questions:
  • WoolCorp buys sheep’s wool from farmers. The company began operations in January of this year, and is making decisions on produc
    12·1 answer
  • This is an organization of workers that negotiates with employers for better pay
    8·1 answer
  • Taylor Shoe Company just realized that the local newspaper advertisement was not correct and they immediately contacted the loca
    8·1 answer
  • What role does savings play in the process of economic growth
    7·1 answer
  • Identifying the median voter
    8·1 answer
  • Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
    10·1 answer
  • Making sure the company has enough production capability to meet demand is an example of what?
    15·1 answer
  • Why are marketers putting so much emphasis on developing strong brands?
    8·1 answer
  • Henry fayol identified five functions of management: planning, organizing, commanding, coordinating, and controlling. these are
    14·1 answer
  • 1. Small Producer is heavily dependent on Massive Mart for product sales. When Massive Mart aggressively negotiates lower wholes
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!