Answer:
$6,800
Explanation:
Calculation for How much of a tax deduction will Kaye be able to deduct (assume 10% floor for deduction)
Tax deduction=$11,600-(10%*$48,000)
Tax deduction=$11,600-$4,800
Tax deduction=$6,800
Therefore the amount of tax deduction that Kaye will be able to deduct (assume 10% floor for deduction) is $6,800
The work breakdown structure provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. A work breakdown structure is also known as WBS- which helps break down the team's work into smaller, more manageable sections. By breaking down the sections into smaller groups gives more opportunity for completion before moving on to the next group and makes the tasks more managable.
A pursuit of an exercise for an outcome that is separate from the person is called extrinsic motivation.
EM refers to an action that is induced by external rewards such as money, fame, grades, and praise. This type of motivation appears from outside the individual, as aversed to intrinsic motivation.
Answer:
b. It may be used to estimate inventories for interim statements.
Explanation:
As we know that
Gross profit = Sales - the cost of goods sold
By doing the inventory valuation through the gross profit method, it estimated inventories for interim statements as these statements are covering the financial information that is less than a year so that the proper analysis could be made and in this, no auditing is required.
Therefore, for interim statements, the gross profit method is required.
Answer:
Timing Risk
Explanation:
Timing risk is a type of investment risks that a trade will not be performed at the best market price.
