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
wlad13 [49]
3 years ago
13

Select the qualitative characteristics for the following statements.

Business
1 answer:
bija089 [108]3 years ago
5 0

Answer:

Options includes the followings: Relevance, Faithful representation, Predictive value, Confirmatory value, Comparability, Completeness, Neutrality, Timeliness.

a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. select a qualitative characteristic.

Qualitative characteristics: Comparability

b. Having information available to users before it loses its capacity to influence decisions.

Qualitative characteristics: Timeliness

c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.

Qualitative characteristics: Predictive Value

d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers.

Qualitative characteristics: Relevance

e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.

Qualitative characteristics: Neutrality

You might be interested in
PLEASE HELP ASAP! Will give BRAINLIEST! Please answer correctly!<br> No guessing!
drek231 [11]

Answer:

D

Explanation:

I took ape-x classes also lol

8 0
3 years ago
Read 2 more answers
Concord Industries collected $105,000 from customers in 2019. Of the amount collected, $25,300 was for services performed in 201
Dmitrij [34]

Answer:

$31,200

Explanation:

Cash basis income recognition records transactions as per receipts and payments in cash and ignores the period they relate to. Cash basis of accounting is not in accordance with matching principle of accounting.

Cash basis of accounting is not recommended by either IFRS or US GAAPs since it overlooks the incomes earned and expenses incurred during a period.

In the given case, Net Income based upon cash basis would be computed as follows:

All cash receipts during the year 2019 - All expenses paid during the year 2019

= 105,000 - 73,800

= $31,200

8 0
3 years ago
What should i do when starting a business? (At least one paragraph)
cestrela7 [59]

Answer:

Uhm uhm uhm

Explanation:

uhm uhm uhm….

8 0
3 years ago
Among the factors affecting the consumer decision-making process is the way consumers spend their time and money to live, otherw
juin [17]
The answer is a lifestyle. The process by which (1) consumers identify their needs, (2) collect information, (3) evaluate alternatives, and (4) make the purchase decision. These actions are determined by psychological and economic factors and are influenced by environmental factors such as cultural, group, and social values.
4 0
3 years ago
On December 31, a $500,000 bond issue on which there is an unamortized premium of $67,000 is redeemed for $490,000. Journalize t
dangina [55]

Answer:

Dr Bonds Payable $500,000

Dr Premium on Bonds Payable $67,000

Cr Gain on Redemption of Bonds $77,000

Cr Cash $490,000

Explanation:

Preparation of the journal entry to Record the redemption of the bonds

Dr Bonds Payable $500,000

Dr Premium on Bonds Payable $67,000

Cr Gain on Redemption of Bonds $77,000

($500,000 + $67,000 - $490,000)

Cr Cash $490,000

(To record redemption of bonds)

7 0
3 years ago
Other questions:
  • Beginning work in process was $125,000. Manufacturing costs added to production for the month were $835,000. There were $200,000
    6·1 answer
  • The Waverly Company has budgeted sales for the year as follows: Quarter 1 2 3 4 Sales in units 14,000 16,000 20,000 18,000 The e
    8·1 answer
  • collect information and identify different types of shares listed during september 2015 in the johannesburg securities exchange
    9·1 answer
  • After informing his employer that he had cancer, Maury was abruptly fired. The federal legislation that prohibits discrimination
    15·1 answer
  • A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
    14·1 answer
  • Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $
    13·1 answer
  • Linda, the human relations manager, is having lunch with Kellyanne, who will be leaving to manage the company office in Hiroshim
    12·1 answer
  • When researching a specific employer, what information should you be looking for?
    5·2 answers
  • Mickley Company’s plantwide predetermined overhead rate is $18.00 per direct labor-hour and its direct labor wage rate is $12.00
    13·1 answer
  • Samantha keeps $1,000 in her checking account. A friend has suggested that she move that money into a savings account which pays
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!