Answer:
Critical Juncture
Explanation:
A critical juncture refers to the notion that at a certain point the prevailing institutional arrangements. put in place at a certain point in time become entrenched because a change in the arrangement has a potential to alter the course of the future.
(B) Transaction Data reflects the consequences of executing process steps.
<h3>
What is transactional data?</h3>
- In the context of data management, transactional data is information recorded from transactions.
- In this sense, a transaction is a series of information exchanges and related activities (such as database updating) that is handled as a unit for the purpose of satisfying a request.
- Transaction Data reflects the outcomes of process steps being carried out.
<h3>
What is Organizational Data?</h3>
- Organizational data describe the fundamental properties of organizations, their internal structures and processes, and their behavior as corporate players in various social and economic environments.
<h3>What is project management?</h3>
- Project management is the process of managing a team's effort to fulfill all project goals within the limits set.
- This data is typically described in project documentation, which is prepared at the start of the development process.
As the definition itself states, Transaction Data reflects the outcomes of process steps being carried out.
Therefore, (B) transaction Data reflects the consequences of executing process steps.
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Complete question:
____________reflect(s) the consequences of executing process steps. Group of answer choices Material Groups
(A) Organizational Data
(B) Transaction Data
(C) Project Management
(D) None of the above
Answer:
$59,200
Explanation:
Purchased price of Equipment = $300,000
Freight charges = $14,000
Cost of foundation = $40,000
Salvage value = $60,000
Useful life = 5 years
Total asset cost = $300,000 + $14,000 + $40,000
= $354,000
Annual depreciation = ($354,000 - $60,000)/5
= $296,000/5
= $59,200
Depreciation expense each year using the straight-line method will be $59,200
Answer:
Option D. Under US GAAP provision refers to a liability whose amount or timing is uncertain.
Explanation:
Option A is correct because both the US GAAP and the IFRS has the same definition of the revenue which is the income from the core operation of the company and trade receivables are the receivables arising due to the core operations of the company which is same in the both cases.
Option B is also correct because the criteria for the recognition of assets that also applies to receivables is same.
Option C is correct because realization principle under GAAP and IFRS is the same which says that the revenue must only be recognized once the consideration agreed has been delivered by the organization.
Option D is incorrect statement because the under US GAAP, provisions are the liability whose amount and timings can be estimated easily.
Option E is correct because the US GAAP specifically focuses on the industry wide differences and encourages implementation of their set rules as they are more reliable than IFRS in such conditions. However IFRS has eliminated these discrepancies now so these are equally reliable as US GAAP.
It’s D. Hope this helps. Plz Mark As Brainliest