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Novosadov [1.4K]
3 years ago
9

Which accounting assumption or principle is being violated if a company is a party to major litigation that it may lose and deci

des not to include the information in the financial statements because it may have a negative impact on the company's stock price?
Business
1 answer:
joja [24]3 years ago
8 0
The accounting assumption is the full disclosure. For a business, the full disclosure rule requires an organization to give the important data with the goal that individuals who are acclimated to perusing monetary data can settle on educated choices concerning the organization. 
A disclosure is an extra data connected to an element's money related proclamations, normally as a clarification for exercises which have fundamentally affected the substance's monetary outcomes.
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Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four
maxonik [38]

Answer:

Total= $77,153

Explanation:

Giving the following information:

Cullumber, Inc., management expects the company to earn cash flows of $12,900, $16,300, $18,600, and $19,800 over the next four years.

The discount rate is 10%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 12,900*1.1^3= 17,169.9

Cf2= 16,300*1.1^2= 19,723

Cf3= 18,600*1.1= 20,460

Cf4= 19,800

Total= $77,153

8 0
3 years ago
Where does Hewitt’s leadership fall on the Managerial Grid discussed in the chapter? (5 marks) (b) What deficiencies or shortcom
nikdorinn [45]

Answer:

The Hewitt's leadership falls on the the Middle of Road Management, which is carefully assessed, realistic and in turn creates a balance between concerns for people and production.

The shortcomings of this leadership are, Failure to motivate and inspire people, lack of passion and enthusiasm, Inability to keep workers.

Explanation:

Solution:

(a) The leadership of Hewitt fall towards the Middle of Road Management at 5,5 points, as it is well realistic, carefully assessed or adjusted, and satisfies the concerns for the people and production.

(b) The shortcomings or defaults discovered in Hewitt's Leadership is stated as follows:

  • The failure to motivate and inspire people
  • The Inability to retain employees or workers
  • The lack of passion and willingness or zeal
  • The lack of appreciation on employee or individual
5 0
3 years ago
Springfield National Bank organizes its loan operations based on the market served, such as consumer, small business, and nonpro
vaieri [72.5K]

Answer: Customer group

Explanation:

The main role and responsibility of the customer group is that it aggregate the customers and this type of group basically interact with the customers about the requirement of the specific customer and tell them about the best deal that is available.

 They usually help the customer and solve their all the doubt regarding the issue. The customer group is basically refers to the coupon group of members. It is also sometimes known as the customer group.

According to the question, the customer group basically allow the spring filed for serving the borrowers the best loan deal available in the market according the customer requirement.

8 0
3 years ago
The decision to change the international pages of the CH2M Hill website was a decision that took a great deal of thought and dis
Advocard [28]

Answer:

The effectiveness of any decision making process can only be evaluated after the decision was made and depending on the results. The unstructured decision making process is carried out when there is no other apparent alternative that can work. The problem with this type of solutions is that they are new and untested, which means that there is the possibility of being a great choice or a great mistake.

In Ch2M's case, the unstructured decision making process included the whole website team because they it was a way of distributing responsibilities in case the decision wasn't the best.

That is the problem with this type of process, the person that makes the decision will be held responsible for the results and the whole process is actually new, but necessary since there is no other alternative. Personally, I believe that this type of decision process should be taken only as a last resort.

4 0
3 years ago
During the growth stage of a product life cycle, companies should focus on: a. creating product differentiation. b. increasing o
GuDViN [60]

Answer:

Option A Creating Product Differentiation

Explanation:

The reason is that in the growth stage the company must add further features to the product to increase the product life and also capture the additional market share. This will only be possible if we have product differentiation.

The option D says that using anti-competitive strategy will give advantage to companies but this is not true, the reason is that the entrants enter the market when the product is at mature position (Normally). But this is not true in all situations.

So the best option is A

8 0
2 years ago
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