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
rosijanka [135]
4 years ago
11

Significant accounting policies may not be:

Business
1 answer:
miskamm [114]4 years ago
7 0

Answer: A) omitted from financial-statement disclosure

Explanation: significant accounting policies may not be omitted from financial statement disclosure because it allows, among many other benefits, for financial statements to be compared with other entities when they are clearly shown. It also helps prevents losses and the misuse of assets. It allows both present and potential investors to be able to study open accounting policies in order to make informed decisions and/or before investing in a business.

An “accounting disclosure” is a statement that outlines the financial policies of a firm, showing expenses and profits over a time period.

You might be interested in
For which of the following products is its manufacturer most likely to use intensive distribution? Multiple Choice Waterford cry
Sidana [21]

Answer: The correct answer is "Hershey chocolate bars".

Explanation: For Hershey chocolate bars its manufacturer most likely to use intensive distribution due to the characteristics of the product, which are of the edible type, of consumption and of the type of market in which it is competing, to maintain its competitiveness in the market it is necessary to use an intensive distribution.

5 0
3 years ago
Read 2 more answers
The idea of supply and demand is based on what
Tems11 [23]

Answer: based on production

Explanation:

8 0
4 years ago
Assume that John's marginal tax rate is 17 percent. If a city of Austin bond pays 10.2 percent interest, what interest rate woul
IRINA_888 [86]

Answer: 12.29%

Explanation:

Municipal bonds are tax exempt and so are attractive for this reason. If John is to be indifferent between the two, the corporate bond would have to offer a return that when adjusted for tax, will give the same return as the municipal bond.

Assume that return is x;

x * ( 1 - 17%) = 10.2%

0.83x = 10.2%

x = 10.2%/0.83

x = 12.29%

8 0
3 years ago
If a company fails to record accrued interest revenue at the end of its fiscal year, all else being equal, what are the effects
Rina8888 [55]

Answer:

Net income: Understated

Total assets: Understated

Total liabilities: No effect

Total stockholders' equity: No Impact

Explanation:

Net income will be understated, because, revenue was not accrued.

Total assets will also be understated, because accrued revenue is not recorded in the current assets, thus total assets will be lowered in total.

4 0
3 years ago
Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $500 a
mamaluj [8]

Answer:

$1,400

Explanation:

Calculation to determine the value of her liquid assets

Using this formula

Liquid Assets value =Checking account worth +Savings account worth

Let plug in the formula

Liquid Assets value=$500+$900

Liquid Assets value=$1,400

Therefore the value of her liquid assets is $1,400

5 0
3 years ago
Other questions:
  • When the market rate is 8%, a company issues $50,000 of 9%, 10-year bonds dated January 1, 2017, that mature on December 31, 202
    8·1 answer
  • Joe has just moved to a small town with only one golf​ course, the Northlands Golf Club. His inverse demand function is pequals=
    15·1 answer
  • ambiance corporation began operations on January 1, Year 1. During the month of January, the company operated without insurance
    12·1 answer
  • Who knows the answer? I will give you brainliest points?
    5·1 answer
  • The inclusion of leases on the balance sheet as an asset and liability has lowered firm’s debt-to-equity ratio.True / False.
    5·2 answers
  • At one time, most of the cars produced in Mexico were sold in Mexico. Today, however, Mexico both exports and imports cars. What
    7·1 answer
  • Cook Co. determined that the net value of its accounts receivable at December 31, 20X4, based on an aging of the receivables, wa
    14·1 answer
  • Solutions Inc. signs a 10-year lease for a building owned by Property Inc. that is appropriately classified as an operating leas
    12·1 answer
  • PRIVATE ENTERPRISE IS RUN MAINLY TO?
    13·1 answer
  • Mesquite, Inc. has held-to-maturity debt securities it purchased in 20X1. At December 31, 20X2, the amortized cost basis of the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!