Answer:
c. Whether the gift was reasonable in the circumstances.
Explanation:AICPA(American institute of certified public accountants) is a body who is saddled with the responsibility of ensuring ethics in the public accounting profession. AICPA is present in most parts of the world, it guides and ensures that its members perform their accounting functions with the most ethical standards,in order to preserve the integrity of the certified public accountants,the AICPA has certain code of professional conduct which helps to streamline the functions its members all over the world.
Answer:
The correct answer is False.
Explanation:
The disadvantages of deflation are basically the reduction of economic activity, the increase in unemployment, the increase in economic uncertainty, the increase in real interest rates due to falling prices, falling demand.
The danger of this situation comes from how difficult it is to get out of it, since a vicious circle is created by which when demand falls, companies are reduced their profits by having to reduce prices to get sales, as a result , they have to reduce costs, which means they have to cut jobs. In turn, if there are people who run out of work, demand will continue to decrease as they will stop buying as well.
Answer:
d .Accounts Receivable
Explanation:
Accounts receivables are amounts that a business expects to receive from its customers for goods and services sold on credit. In many instances, customers do not pay for deliveries immediately. In practice, a 30- 60 days credit period is allowed. Within this period, the customer is expected to make full payments for the goods.
In accounting, these expected payments are recorded as accounts receivables.
Should customers fail to make payments against account receivables, they convert to bad debts or uncollectable debts.
In summary, bad debts, uncollectable debts, and doubtful debts were initially accounts receivables. They changed status due to non-payments by customers.
I believe that the option about applicant 3 best explains the career of the applicant.
The background of Applicant 3 in child psychology could help him/her understand the students, especially children, while teaching, if he/she is teaching. The applicant's background in human development is also beneficial in teaching by using his/her knowledge in developing his/her students holistically as a person. This knowledge is also very applicable in the professional field, specifically in the human resource and training department and management. The applicant's background in child psychology is also applicable in the field of medicine.
