Answer:
The balance of trade will not change but the balance of payment will improve.
Explanation:
A balance of trade is defined as the difference between country's export and import value during a given period of time.
A balance of payment can be defined as a statement which keeps record of all the monetary transaction, that are made between the country's resident and rest of the world during a specific period of time.
Purchase of U.S government securities by Japanese insurance company will surely improve the balance of payment from the U.S perspective but the balance of trade with Japan is not likely going to change.
Answer:
$3693 million
Explanation: The materials used in the primary stage of production is called
raw materials. These are the basic materials used for production.
.
Raw material used is the amount of raw materials consumed by the entity
in a specific period , generally a year .
.
Raw materials used = begining invetory + purchased inventory - ending invetory
therefore,
Raw materials used = $902 million + $3646 million - $855 million
= $3693 million
Answer:
Indication of items erroneously stated on:
A) the income statement for the year
Salaries Expense will be understated.
Therefore, the Net Income will be overstated.
B) the balance sheet as of October 31:
Salaries Expense Payable (current liabilities) will be understated.
Explanation:
When accrued salaries are not accounted for in the financial statements for an accounting period, it means that the revenues generated for that period are not being matched with the expenses incurred in generating the revenues. Such omission does not agree with the accrual concept and the matching principle of generally accepted accounting principles. These require that expenses are accrued whether paid for or not, and that expenses are matched to the period's revenue since they are necessarily incurred in generating such revenue.
Answer:
Closed facts.
Explanation:
In a situation of close facts the action has already been taken before now, and the researcher is to analyse it and determine best course of action.
On the other hand when there is an open fact situation the action has not taken place yet, and the future action can be influenced to give a favorable result.
For example Jeremy has identified a research question that relates to a transaction that the client completed several months ago. This is a closed fact situation.
Answer:
The pressures of work, revising your work is must needed by a supervisor and he should also required to observe the errors.
Explanation:
Yes, the supervisor should pay attention to errors because one of the essential jobs of the supervisor is watching. Watching: Supervisors require to be sharp observers, using the same observational abilities that are essential for reliable clinical practice.
Not all observation requires to become the center of the supervision, but supervisors necessitate to be conscious of more than what their supervisors present to them.
