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yulyashka [42]
3 years ago
12

Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:

Business
1 answer:
nignag [31]3 years ago
7 0

Answer:

LIFO conformity rule.

Explanation:

LIFO refers to the Last in first out method. In this inventory system, the firm sells last units at first stage and then sells according to that

According to the given situation,  the LIFO conformity rule requires that the taxpayer follow the same inventory cost flow as used for tax reporting purposes in the financial statement.

Therefore the correct answer is LIFO conformity rule.

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Zack developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectivenes
Reil [10]

Answer:

$60,000 or $12,000

Explanation:

1. Since Zack expects Sparky to use the developed software for a period of five years, we could assume that the revenue for the first year of the contract would be $60,000.

2. Or if we Spread out the average revenue for a period of five years from the licensing fee, 60,000 / 5 (years) would give us 12,000 dollars per year.

5 0
2 years ago
Which of the following is NOT considered to be one of the three primary functions that all organizations​ perform? A. research a
ra1l [238]

Answer: The correct answer is "A. research and development".

Research and development are <u>NOT</u> considered as one of the three primary functions that all organizations​ perform.

Explanation: The basic operating cycle of a company is buy-sell-collect-pay. In some cases, companies can produce the good they sell or directly re-sell it. This implies production, operation and marketing activities to increase sales and for an adequate control of these you need accounting.

Only in particular cases do companies engage in research and development, but it is not something basic.

4 0
3 years ago
Harold has a balance of $2200 on a credit card with an APR of 31.3%, compounded monthly. About how much will he save in interest
Naddik [55]
The answer is 337.49
4 0
2 years ago
Read 2 more answers
Betsy wants to determine if the types of products advertised on television vary depending on the time of day. Which type of arch
Step2247 [10]

Betsy should employ content analysis type of archival research approach in this scenario.

<h3>Content Analysis</h3>

The existence of particular words, topics, or concepts in a given set of qualitative data can be found by using the research tool of content analysis. The presence, significance, and connections of such specific words, themes, or concepts can be quantified and examined using content analysis. To check for bias or partiality, for instance, academics can assess the language used in a news piece. The meanings included in the texts, as well as their authors, readers, and even the culture and time period in which they were written, can all be inferred by researchers. Almost any instance of communicative language can be used as a source of data, including interviews, open-ended inquiries, field study notes, dialogues, and open-ended questions. For the sake of analysis, a single study may examine numerous textual genres.

Learn more about content analysis here:

brainly.com/question/13248426

#SPJ4

4 0
2 years ago
Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers
guajiro [1.7K]

Answer:

thz fo the points

Explanation:

6 0
2 years ago
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