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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.

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_____ occurs when a consumer goes into a store to learn about different brands and products and then searches the Internet for t
puteri [66]

Answer:

D. Showrooming

Explanation:

Based on the scenario being described within the question it can be said that the term that is being described is known as Showrooming. This term refers to when individuals examine products at a traditional brick-and-mortar store but later end up searching that product on the internet and buying it there, usually at a lower price than the retail store.

8 0
3 years ago
Acme Manufacturing Company is insured under two primary Commercial General Liability (CGL) policies. Policy A has an each-occurr
nadezda [96]

Answer:

B) $1,400,000

Explanation:

Policy A will cover $1,000,000 and policy B will cover $1,400,000

When a single insured company has two or more policies from different insurance companies, the contribution by equal shares provision establishes that the losses must be divided equally between the insurance companies until the full amount is paid.

8 0
3 years ago
The operating cost for a pulverized coal cyclone furnace is expected to be $80,000 per year. The steam produced will be needed f
pishuonlain [190]

Answer:

$101,104

Explanation:

Calculation for the equivalent annual worth

Using this formula

Equivalent annual worth=Operating cost(A/P,i,n)+ Operating cost

Let plug in the formula

Equivalent annual worth=80,000(A/P,10%,5) + 80,000

Using financial calculator (A/P,10%,5) will give us (0.26380)

Hence,

Equivalent annual worth=80,000(0.26380) + 80,000

Equivalent annual worth=$21,104+$80,000

Equivalent annual worth== $101,104

Therefore the Equivalent annual worth will be $101,104

5 0
3 years ago
What are the benefits of 2022 versa’s 5-speed manual transmission?
Volgvan

The benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.

<h3>What is a 5-speed manual transmission?</h3>

This transmission system relates to a sporty-based engine because its ensure that full gear are used for high accelaration of the vehicle.

In conclusion, the benefits of the 5-speed manual transmission includes sporty driving feel, quick acceleration and full control of gear selection.

Read more about transmission system

<em>brainly.com/question/14646065</em>

3 0
3 years ago
The management of Shatner Manufacturing Company is trying to decide whether to continue manufacturing a part or to buy it from a
mrs_skeptik [129]

Answer:

Financial advantage of purchasing Cisco from outside vendor = $9,440

Explanation:

7,900 units produced

variable costs allocated to Cisco units (avoidable):

  • direct materials $4.58 per unit
  • direct labor $4.51 per unit
  • indirect labor $0.45 per unit
  • utilities $0.41 per unit
  • total $9.95 x 7,900 units = $78,650

fixed manufacturing costs allocated to Cisco:

  • depreciation $860
  • property taxes $320
  • Insurance $610
  • total $1,790

an outside supplier can provide Cisco for $63,200 plus:

  • freight and inspection costs $0.60 per unit x $7,900 = $4,740
  • total receiving costs $1,270
  • total $6,010

                             Incremental Analysis

                                         Produce       Purchase       Difference

                                          Cisco           Cisco             amount

Variable production        $78,650                              $78,650

costs

Purchase price                                       $63,200       ($63,200)

Additional expenses                              $6,010           ($6,010)

Financial advantage of purchasing Cisco                   $9,440

Allocated fixed costs are not included in this analysis since they cannot be avoided by either action, producing or purchasing.

7 0
4 years ago
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