The type of Critical Thinking Questions that Ivory should ask at this point are:
- What are the assumptions?
- what are the issues and the conclusions?
- Are there fallacies in the reasoning?
- How authentic is the data presented?
<h3>What are Critical Thinking Questions?</h3>
Critical Thinking Questions are questions that make inquiries into the veracity of a claim.
They help the evaluator to maintain a logical and rational line of thoughts so that they are able to connect clearly the relationship between facts and ideas.
Learn more about Critical Thinking Questions at:
brainly.com/question/6034421
Answer: $500
Explanation:
Interest for the period = Amount borrowed * Interest rate * 120/360 days
= 15,000 * 10% * 120/360
= $500
Based on the scenario, the gestalt principle that best
accounts for this phenomenon of which Caleb can still read the announcement
despite of the fact that the letters are not completely formed is because of
the gestalt principle of closure. This law explains of how an individual could
see incomplete objects because of how perception fills the visual gap of an individual.
Answer:
$0
Explanation:
Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.
Capital assets are used in the business operations to generate more revenues for the company. They are assets with a use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.
Answer:
D. $80,000
Explanation:
When costs are incurred during manufacture, they are debited to the Work In Process Account.
Note that, ABC charges direct materials to WIP and indirect materials are charged to the Factory Overhead account.
Total Direct Materials = Total Materials Issued to Production - Indirect Materials Issued to Production
therefore,
Total Direct Materials = $110,000 - $30,000 = $80,000
Conclusion :
The debit to Work-in-Process Inventory account for materials is $80,000
