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3 years ago

A. True

Business

2 answers:

timurjin [86]3 years ago

8 0

FALSE. You must carry insurance on motorcycles as well as cars.

nexus9112 [7]3 years ago

3 0

false i took the test

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The Percy family have purchased a heavily wooded property in Northern California. They are planning to build a guest house off t

wlad13 [49]

Answer:

severance process

Explanation:

severance process is one in which an employer grant an employee a severance pay after termination of employee's employment. This is usually inform of an agreement, and this applies to The Percy family here,

As the family is planning to sell the wood to the neighbors as firewood, the process applies is called severance process

8 0

3 years ago

King corporation owns machinery with a book value of $760,000. It is estimated that the machinery will generate future cash flow

Evgen [1.6K]

Answer:

King should recognize a loss on impairment of $60,000

Explanation:

In terms of IAS 36, Impairement happens when the Carring Amount of an Asset is Higher than the Recoverable Amount of an Asset.

Recoverable Amount

Recoverable Amount is the Higher of :

(a) Assets Value In Use, and

(b) Fair Value Less Cost to Sell

therefore:

Assets Value In Use = $700,000

Fair Value Less Cost to Sell = $560,000

therefore Recoverable Amount is $700,000 ( higher)

Carrying Amount

Book Value = Carrying Amount = $760,000

Impairement Anaylsis

Carrying Amount ($760,000) > Recoverable Amount ( $700,000)

Recognised Imparement loss is $60,000 ($760,000- $700,000)

4 0

2 years ago

When the Central Bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is

Paha777 [63]

Answer:

A) following an expansionary monetary policy.

Explanation:

Central Bank through the Federal Reserve can influence money supply in the economy. If it causes the money supply to increase while keeping the aggregate demand constant, it is following an expansionary monetary policy. This can occur in various ways like through decreasing interest rates, buying bonds in the open market operations; known as quantitative easing, or by lowering the reserve requirement ratio for banks and other financial institutions.

5 0

3 years ago

A student believes that less than 50% of students at his college receive financial aid. A random sample of 120 students was take

den301095 [7]

Answer:

P-value is greater than the significance level, we fail to reject null hypothesis.

Explanation:

Here,

Sample size = n = 120

Sample proportion = p = 0.6500

Population Proportion = $P_{0}$ = 0.5

Level of significance = α = 0.02

Step 1: 

$H_{0}$ : p = 0.5

$H_{1}$ : p < 0.5 (Left tailed test)

Step 2:

The critical vale is = 2.0537

Step 3:

The test statistic is,

z = $\frac{p - p_{0} }{\sqrt{\frac{p_{0} (1-p_{0}) }{n} } }$

Step 5:

Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.

Step 6:

Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.

3 0

3 years ago

Triano Brothers, an insurance firm, follows an administrative procedure for measuring the relative worth of its jobs. The organi

Alexus [3.1K]

Answer: Option (B)

Explanation:

Here, in this case we can state that job evaluation is being exemplified. The Triano Brothers are using job evaluation, so as to have a systematic approach in order to determine value of a job in regards to the several jobs in their organization. The organization attempts to have a orderly comparison in between different jobs as to assess the relative value.

8 0

3 years ago