1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
4 years ago
13

17. Which of the following is true regarding accounting for investments by state and local governmental units? A) Investments in

securities accounted for under the equity method are to be reported at fair value. B) Realized
Business
1 answer:
Tanzania [10]4 years ago
7 0

Answer:

The correct answer is D) Neither A nor B above.

Explanation:

The participation of public entities of this type generates a different treatment with respect to investments, since they must be recognized at their fair value according to their nature, and they must also be affected each time they undergo any modification. These accounting items are part of the asset, so it is a right that must be shown in the statement of financial position. For this reason, none of the options described correspond to the correct handling of this information.

You might be interested in
Ralph's pretty good grocery has been making an effort to diversify their workforce. new hires are encouraged to learn the organi
Sunny_sXe [5.5K]
Ralph is acculturating its new employees through assimiliation, it is a way of or a progress in absorbing ideas or information and to be able to understand them. It is seen in the scenario above of how Ralph encourages the new hires to learn the norms and values of the orgaization, in which they should learn and understand. This is the process of assimilation.
8 0
4 years ago
An example of a cost would be _____. <br> profit<br> revenue <br> fire <br> salaries
tangare [24]
The cost of electricity. <span> because explicit costs are like accounting costs. They are direct costs that come with operating a business. A,B and C are all implicit costs, they are like opportunity costs and do not have any direct value in a accounting perspective.</span>
5 0
4 years ago
Read 2 more answers
The social and economic goals of __________ include private ownership of land and business.
MrRa [10]

Answer:

Capitalism

Explanation:

<em>The social and economic goals of CAPITALISM include private ownership of land and business.</em>

The <em>capitalism</em> is an economic and social system based on <em>private ownership</em> of the means of production, on the importance of capital as a generator of wealth and on the allocation of resources through the market mechanism.

7 0
3 years ago
During 2019, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset
skelet666 [1.2K]

Answer:

$13,000

Explanation:

Most property purchased during 2019 and beyond, may be expenses using Section 179 tax deductions. The limit for 2019 was $1 million and that is way more than $13,000. Section 179 is one of the few benefits that small business got from the Tax Cut and Jobs Act, and it can be really useful.

Businesses can deduct the full purchase price of qualifying equipment (used manufacturing equipment qualifies) as long as it was purchased after January 1, 2019. This is an incentive created to encourage businesses to buy more equipment and invest more.

5 0
3 years ago
Updating procedures and systems, reinforcing marketing strategies, and updating advertising techniques, are all examples of what
Travka [436]

An operational change is an exchange inside the structure of your corporation. That could be a reorganization, layoffs, or just a group alternate daily a strategic or task declaration trade. Operational changes are a number of the roughest in your personnel due to the fact they by no means quite understand daily.

Change is basically a variation within the common manner of doing things. every time people carry out a venture in a sure way, they get accustomed to them. They expand strategies which they could put into effect mechanically every day to reap those tasks. Any variation in those strategies is not anything however change.

An alternate is a venture, initiative, or solution being added to the agency to improve the manner work gets accomplished, clear up a problem, or take benefit of a possibility. Almost any project, initiative, or solution that improves a company will affect how employees do their work.

Learn more about the corporation here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
Other questions:
  • Diane initially deposited $12,500 into a money market account and made no additional deposits or withdrawals. When she closed th
    13·2 answers
  • Antonio assaulted Mark after the two argued about a parking space. The District Attomey's office prosecuted Antonio on assault c
    13·1 answer
  • Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $
    10·1 answer
  • Kimberly has been helping Jonah in preparing his personal income tax forms for a couple of years. Jonah's boss recommended Kimbe
    14·1 answer
  • We will derive a two-state put option value in this problem. Data: S0 = 180; X = 190; 1 + r = 1.1. The two possibilities for ST
    9·1 answer
  • Select the desktop publishing programs.
    12·1 answer
  • Aspen Ore purchased a vein of coal ore for $5,300,000. It is estimated that 32,000,000 tons of ore are available to be extracted
    6·1 answer
  • Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr.
    10·1 answer
  • At the end of year 8, Shore Co. held trading securities that cost $17,500 and which had a year-end market value of $19,000. All
    5·1 answer
  • Describe how a free market works
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!