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nasty-shy [4]
3 years ago
8

Although other countries are finding non-traditional oil reserves and establishing methods of extraction to retrieve them, who i

s still the king in proven oil reserves?
Business
1 answer:
EleoNora [17]3 years ago
8 0
I think the correct answer would be Saudi Arabia. Though, a lot of countries are trying to find for alternative oil reserves and research on different extraction methods it is still the said country who supply a large amount of oil in many countries. Hope this helps.
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11. The auditor's report may include which of the following elements?
Katarina [22]

Answer:

nein

Explanation:

3 0
2 years ago
FL Systems Inc. and Oryxo Systems Inc. are two competing firms. FL Systems Inc. has $300,000 in tangible assets and $200,000 in
BartSMP [9]

Answer:

C

Explanation:

Based on the scenario being described within the question it can be said that FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive advantage. This is mainly due to the fact that FL Systems Inc. has a large percentage of their money locked in intangible assets. These are assets that cannot be touched or physically used by the customers which makes it very difficult for customers to see the potential value which ultimately hurts their competitive advantage.

8 0
3 years ago
Your team has recently experienced some difficulties and setbacks. some of your teammates have expressed their lack of confidenc
jasenka [17]
Had to look for the options and here is my answer.
Based on the given scenario above, I can say that the best tactic that can be applicable in this situation in order to boost your teammates' perception of the team's capability to do well is by allowing time at a team meeting for everyone to openly share their sentiments or complaints. Hope this helps.
6 0
3 years ago
Marigold Corp. self-insures its property for fire and storm damage. If the company were to obtain insurance on the property, it
DENIUS [597]

Answer:

loss on fire and storms 710,000

insurance expense zero as the firm didn't acquire any

Explanation:

Notice it state <u><em>"if the company were to obtain insurance"</em></u> Which means it currently has none insurance.

If the firm had an insurance the amount of losses would be deducted from the insurance policy but there is none so we disclosure the entire loss as a result of the period.

Hence, we should recognize the entire loss on fire and storm damage of 710,000 during the year and no insurance expense.

8 0
3 years ago
What is accounting theory​
Gemiola [76]

Answer:

a set of assumption framework and methodologies used in the study of application of financial reporting principles

8 0
3 years ago
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