All categories

3 years ago

An advantage to the SASSI is that:

Business

1 answer:

Soloha48 [4]3 years ago

4 0

Answer:

The answer is E: All of these are true of the SASSI

Explanation:

Time duration of administration and scoring is 5-10 minutes. This means that option A is justified as one of the importance.

It has above 90% of identifying examinees with a high probability of substance abuse and dependency, hence making Option B an importance of SASSI.

Results from SASSI can help in evaluation and treatment plans for examinees, thus making option C valid as an advantage of SASSI.

You might be interested in

Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy

LekaFEV [45]

Answer:

A.indemnification, the company may reimburse them for legal fees and judgments.

5 0

3 years ago

Read 2 more answers

Hart Technology must accrue a loss contingency. The amount of the loss can be reasonably estimated within a range of outcomes. O

Shtirlitz [24]

The amount of loss that should be recognized is the minimum amount of the range.

<h3>Recording a Contingent liability </h3>

It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
If neither of the above are possible, the loss would be recorded as a footnote.

US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.

In conclusion, they should recognize the minimum amount.

Find out more on contingent liabilities at brainly.com/question/17371330.

3 0

2 years ago

You are planning your retirement in 10 years. You currently have $169,000 in a bond account and $609,000 in a stock account. You

Over [174]

Answer:

$187,584.20

Explanation:

Firstly, we need to calculate the total future value (FV) of the bond account and stock account after 10 year from now (when you come to retirement age):

FV_bond at retirement = 169,000 x (1 + 7.25%)^10 + 7,100 x (1 + 7.25%)^9 + 7,100 x (1 + 7.25%)^8 + … 7,100 x (1 + 7.25%)^0 = 426,230.93

FV_stock at retirement = 609,000 x (1 + 10.75%)^10 = 1,690,653.63

Total FV of your investment portfolio = 2,116,884.57

Because you plan to use up all the funds in your account after 21 equal amount withdrawals after retirement, total present value (at the time you retire not now) of these withdrawals (discounted at 6.5%) have to be equal to the value of your invesment 10 years from now, or:

2,116,884.57 = C/(1+6.5%) + C/(1+6.5%)^2 + … + C/(1+6.5%)^21, with C is the amount you plan to withdraw each year.

Solve the equation we get C = 187,584.20

Note: The equation can be solved easily using Excel or BAII Plus. 

5 0

3 years ago

Altoid Company sold most of its inventory produced during the period. The manager needs to close the $1,200 balance of Manufactu

Likurg_2 [28]

Explanation:

The journal entry to close the books is

Cost of Goods sold A/c Dr $1,200

To Manufacturing Overhead A/c $1,200

(Being the under-applied overhead is recorded)

Since the jobs were undercosted, that means the overhead is applied under overhead so we debited the cost of goods sold account and credited the manufacturing overhead account. Both the items are recorded for $1,200

5 0

3 years ago

An investment adviser representative who prepares financial plans for customers is also a registered life insurance agent in tha

Alex777 [14]

Answer:

D. Recommendation to buy life insurance does not make the investment advice any less objective.

Explanation:

investment adviser representative are also regarded as financial planner are advisers that gives advice in term of financial service to firms or individual or his/ her customer

In the situation described in the question whereby, the agent recommends that a customer sell a mutual fund holding and use the proceeds to buy life insurance, then these information are needed to be disclosed to the customer

✓. Sale of the mutual fund mayor is alt in a taxable event to the customer

✓Recommendation to purchase life insurance is in no way connected to the services offered by the advisory firm

✓Agent will earn a commission on the life insurance purchased by the customer

6 0

4 years ago