All categories

3 years ago

Normative and positive statements

Business

1 answer:

kvasek [131]3 years ago

3 0

Answer:

Positive statement:

It is basically based on target and truth. Moreover, optimistic deliveries are have to be compelled to validate or nullified yet can't correct than

Normative Statement:

Adaptable announcements are particular and also the materials are value primarily based. The statements are basically valuation primarily based so that they can't be tried.

Since the statement 1 are often proved or contradicted by grouping and evaluating the information, thus this can be a positive statement.
Since the statement 2 is opinion primarily based, we tend to can't take a look at it, and thus this can be a normative statement.
Since the statement 3 are often tested by seeing those conditions. Hence, this can be a positive statement.
Since the statement 4 is opinion primarily based, thus we tend to can't take a look at it. Therefore, this can be a normative statement.

You might be interested in

Explain the effect that price has on goods and services are produced

Zinaida [17]

Positive coorelation.

A price goes up, more companies will produce goods and services because they want to take advantage of the higher price.

4 0

3 years ago

An IAR has opened an account for a new customer. The customer is "on the road" for 3-4 weeks per month and has given the IAR ver

kobusy [5.1K]

Answer:

The investment advisory firm which employs the investment adviser representative (IAR).

Explanation:

FINRA's rules specifically state that before any transaction, the IAR must have a signed power of attorney. The IAR cannot start trading or operating with the client's money until he/she has received a signed written power of attorney from the client. Only after the signed power of attorney has been given tot eh IAR, can he/she act on discretionary basis.

If the IAR is not a registered broker-dealer, then NASAA rules state that oral agreements are valid for up to 10 business days, but the IAR must have a written authorization after that time expires. I.e. the IAR could buy the stocks, but he/she was not authorized to sell them. So any loss is responsibility of the firm that employs the IAR.

6 0

2 years ago

Could anyone do what Kyle did? Why or why not?

Andrei [34K]

Answer:

Did you mean Kyle the rapper? , if yes then my answer is yes as practice make anyone perfect! :)

Explanation:

8 0

3 years ago

Read 2 more answers

Bloom and Plant organize a partnership on January 1. Bloom's initial investment consists of $800 cash, $1,700 equipment and a $5

Elan Coil [88]

Answer and Explanation:

The journal entry to record the investment of Bloom is as follows:

Cash Dr $2,000

To Capital $2,000

(Being the investment is recorded)

Here the cash is debited as it increased the asset and capital is credited as it also increased the equity

8 0

2 years ago

EA12.

Vsevolod [243]

Answer and explanation:

An activity cost pool is the total sum of the activities necessary to carry out a task within an organization. In terms of costs, the Activity-Based Costing method (ABC) is used. Typical applications for that approach is when a factory wants to determine costs for machine set-up. Factors to be considered may imply but are not limited to production, purchasing material, inspect products, assemble products, and technological production.

In the example:

Production

Machine setup (indirect labor)
Machine setup (indirect material)
Factory insurance

Purchasing material

Indirect materials
Machine depreciation

Inspect products

Inspections

7 0

3 years ago