Answer:
d
Explanation:
Unearned fees is recorded on a company's statement of financial position(balance sheet) as a liability. Unearned Fees is presented as a liability because the revenue has still not been earned and relates services owed to a customer. .
See IFRS 15 for further clarity..
Answer:
Option D is the correct answer.
Explanation:
- <u>First-in, first-out</u> method is when you use the cost of the inventory you bought at the beginning of the year and multiply it with sales to determine cost of inventory that you have sold. Any remaining inventory from when you bought it for the first time at the cost that you paid at the time when you bought it is used. Usually grocery shops use this method.
- <u>Average cost</u> method is when you take an average of the costs of the inventory you bought and then multiply that cost with the number of inventory sold.
- <u>Last-in, first-out</u> method is when you use the cost of the inventory you recently bought and multiply it with number of inventory sold to determine cost of inventory that you have sold.
- <u>Specific Identification</u> method is used on inventory that is sold infrequently such as gold.
Answer:
B
Explanation:
One of the top characteristics of a good report is that it must maintain a good degree of objectivity .In a good report , enthusiasm and positive emotion should not overtake the judgement of the writer. This means that it must tot be biased in any way and at the same time delivers the desired objective.
Advising Lazar on improving his report , he has to provide information, analysis, and advice that is sound , reliable , and unbiased.
If I only had seven test cases before a release I would input seven different numbers in the program. Since the program is only supposed to take in whole numbers, the first test can be inputting a whole number from 1 to 8. Next, a whole number greater than 8 can be used. The number and a negative number are two more test cases. The fourth test case is a blank. The fifth is using a number that is not a whole number between 1 and 8. The sixth and seventh are non-whole numbers greater than 8 and less than 1, respectively. This seven test cases will test how robust the program was built.