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torisob [31]
3 years ago
7

Which of the following statements is false?

Business
1 answer:
Masteriza [31]3 years ago
7 0

Answer: d) Under IFRS, there are the same number of financial statement elements as in GAAP.

Explanation:

There are adjustments required to move from previous GAAP to IFRSs at the time of first-time adoption.

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Discuss the problems associated with Burberry’s licensing arrangement in Japan. What were the benefits of establishing a relatio
Crazy boy [7]

Answer:

Problems: For details refer below

Benefits: For details refer below

Explanation:

Problems associated with Burberry’s licensing arrangement in Japan

1) Licenser creates potential competitors

2) There is a lower control in licensee

Benefits of establishing a relationship with Sanyo Shokai in the country

1) Less costly as compare to Foreign direct investment

2) Responsibility can be shared with the third party

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3 years ago
Lisa is a tax accountant. She needs to enter many numbers. To enter these numbers, she should use the _____.
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Answer:

Numeric keypad on the right side of the keyboard

Explanation:

When entering many numbers at a time, using the keyboard that is just for numbers on the right side of the full keyboard is a much quicker way to complete the task. When you are able to use one hand to type them all without accidently hitting a letter key, you can be more efficient and accurate.

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4 years ago
Read 2 more answers
Required information Subsequent Events-Two Types Read the overview below and complete the activities that follow Oftentimes a CP
Drupady [299]

Answer:

Explanation:

Situation                                                            Type Logic

During the audit, a customer with a large A/R balance at year end declares bankruptcy Type 1 Facts were available on balance sheet date

a lawsuit…...thereafter Type 1 Facts were available on balance sheet date

A flood damages….after year end Type 2 Facts were not available on balance sheet date

Conditions that….after the balance sheet date Type 2 Facts were not available on balance sheet date

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7 0
3 years ago
Sackett Corporation had a beginning inventory of 10,000 units, which were purchased in the prior year as follows: Units Unit Pri
Strike441 [17]

Answer:

Sackett’s ending inventory is $16000

Explanation:

given data

                      Units              Unit Price

September    4,000            $2.00

October         4,000            $2.10

December     2,000            $2.30

to find out

FIFO method what is Sackett’s ending inventory

solution

we know here that unit sold = 16000 units

available for sale = 22000

so ending inventory = 22000 - 16000

ending inventory = $6000

so

unit included 6000 is latest purchase are

so November purchase 5000 @ 2.7 is = $13500

and June purchase 1000 @ 2.5 is = $2500

so total will be = $13500 + $2500

total = $16000

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4 years ago
Bonds that are more a source of savings than an investment
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I believe the answer is high yield bonds

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