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3 years ago

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Which is true of someone with a low credit score? I. They probably make on time payments. II. They may not be able to rent the a

partment they want. III. They are more likely to miss a payment than someone with a high credit score

1 answer:

Sedbober [7]3 years ago

5 0

III.They are more likely to miss a paymentthan someone with a high credit score

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CA1.4 (LO 1) (Financial Accounting) Omar Morena has recently completed his first year of studying accounting. His instructor for

natima [27]

Answer:

The complete answers are below.

Explanation:

a) The main difference between Financial Accounting and Managerail Accounting is its purposes and the stakeholders who make use of the information that each one provides.

While financial accounting refers to the aggregation of accounting information in the financial statements, management accounting refers to the internal processes used to account for business transactions.

For instance: Financial accounting reports on the results of an entire business, Managerial accounting reports at a more detailed level. Financial accounting must comply with various accounting standards, whereas managerial accounting does not have to comply with any standards when information is compiled for internal consumption.

b) The financial statements most frequently provide are: Balance Sheet or Financial Position, Income Statement, Statement of cash flows and Statement of Changes in Equity.

c) In general, financial reports and financial statements differ in the formal status of financial statements in business and accounting, and these respond to standards such as GAAP and IFRS. While the financial reports have a format or presentation rules given by management, the financial statements, in the other hand, are prepared on regular basis as specific entities are required to do so according to applicable laws. It can be said that financial accounting provides financial statements and managerial accounting is responsible for financial reports.

4 0

3 years ago

Novak Company took a physical inventory on December 31 and determined that goods costing $190,000 were on hand. Not included in

Lorico [155]

Answer: $237070

Explanation:

The amount that Novak should report as its December 31 inventory will be:

Inventory in hand = $190,000

Add: Goods bought from Pelzer Corporation = $25,170

Add: Cost of goods sold to Alvarez Company = $21900

Total = $237070

The amount that Novak should report as its December 31 inventory will be $237070

8 0

3 years ago

Ethics is defined as A) formal codes that permit or forbid certain behaviors. B) a general rule of conduct of personal behavior,

mixer [17]

Answer:

Ethics is defined as moral principles that governa person's behaviour or the conducting of an activity

6 0

3 years ago

Anthony is 17 years of age and attending college in Maine. One day, while skiing he breaks his leg and is taken to the emergency

Liono4ka [1.6K]

Himself I believe. Unless. Something made him fall -proper gear, slopes, borrowed equipment- if none of these are acquired then it would be himself because no one is at fault other than himself... hopefully this is right?

Good luck!

5 0

3 years ago

Read 2 more answers

Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not

snow_tiger [21]

7. Option b. Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.

Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.

Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.

Learn more Esmeralda at

brainly.com/question/24812570

#SPJ1

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2 years ago