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natta225 [31]
3 years ago
13

.Others at work see me as assertive. need answers for application

Business
1 answer:
svp [43]3 years ago
4 0

Answer:

yes

Explanation:

It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way

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The use of the lower of cost or net realizable value (LCNRV) method to value inventory for reporting purposes is a departure fro
Wewaii [24]

Question:

The use of the lower of cost or net realizable value (LCNRV) method to value inventory for reporting purposes is a departure from the accounting principle of:

A) Historical cost.

B) Matching.

C) Going concern.

D) Conservatism.  

Answer:

The Right answer is A) Historical Cost.

Explanation:

Inventories are recorded at their cost. If inventory declines in value below its original cost, a major departure from the historical cost principle occurs.

Whatever the reason for a decline-damage, physical deterioration, obsolesce, changes in price levels, or other causes, a company should write down the inventory to Lower-of-Cost or Net Realizable Value (LCNRV) to report this loss.

A company abandons the historical cost principle when the future utility (revenue-producing ability) of the asset drops below its original cost.

Net Realizable Value refers to the net amount that a company expects to realize from the sale of inventory. Specifically, net realizable value is the estimated selling price in the normal course of business minus estimated costs to make a sale.

Example

Inventory  Value - Unfinished                                         $2,000

Less: Estimated Cost of Completion          $  50

Estimated Cost to sell                                    <u>200</u>           <u>     250</u>

<u>Net Realizable Value                                                             750</u>

<u />

Cheers!

8 0
3 years ago
What would likely have the most severe immediate effect on an economy? Multiple Choice A significant drop in exports. The Fed's
madreJ [45]

Answer:

A failure of the financial sector.

Explanation:

Financial sector indicates all banks and non-banking institutions. These sectors are the source of money supply in an economy. If this sector fails to do such work, the economy might face severe money crisis and the effect would be immediate. An example of it is 2007-08 depression in the US economy.

3 0
3 years ago
Select which government was granted each of the powers listed. Coining of money Fire and police protection Schools Army and Navy
Rashid [163]

Answer:

  1. Coining of money: FEDERAL GOVERNMENT
  2. Fire and police protection: STATE GOVERNMENT
  3. Schools: STATE GOVERNMENT
  4. Army and Navy: FEDERAL GOVERNMENT
  5. Treaties with other nations : FEDERAL GOVERNMENT
  6. Highways and roads: STATE GOVERNMENT
  7. Local courts: STATE GOVERNMENT

3 0
3 years ago
Skysong Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $432,000 and a re
skelet666 [1.2K]

Answer:

487200

Explanation:

3 0
3 years ago
Multi-item indexes are unable to account for dual sources of status (both men and women) in american households because they?
Goshia [24]

These consider many variables simultaneously and weight these according to a scheme that mirrors societal perceptions. It is a rating scale made up of several items, each of which is a separate question or statement that must be evaluated. Subjects will be able to explain their feelings about many aspects of their professions using a multi-item measure.

This will considerably increase the measure's precision and validity. As a result, multi-item measures are among the most essential and widely utilized tools in social research. Multiple-item scales are intended to sample a broader range of interpretations in order to capture the entire spectrum of a construct.

To learn more about  multi-item, click here.

brainly.com/question/14407306

#SPJ4

7 0
1 year ago
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