Answer:
Confidence
Explanation:
For example, if you want to be a good student be confindent because one day you will succeed, Oliver has confindence knowing he can help his empolyees.
Answer:
$2,554
Explanation:
The computation of value is shown below::-
Assume insurance purchase is N units
= $2,400 - $0.2 per dollar
= $600 - 0.2 M + M
= $600 + 0.8 M
$2,400 - $0.2 M = a - ($600 + 0.8 M) ÷ b
$2,400 - $0.2 M = a - $600 ÷ b - 0.8 ÷ b
now we will equate the situation
-0.2 M = 0.8 M ÷ b
-0.2 = 0.8 ÷ b
b = 4
Now, we will put the value of b to find out the value of a
a - $600 ÷ b = $2,400
a - $600 ÷ 4 = $2,400
a - $150 = $2,400
a = $2,400 + $150
a = $2,550
Now we will find out the a and b by putting the values
= a + b
= $2,550 + 4
= $2,554
Answer:
initiating process
Explanation:
Initiating process -
It is the very first step , before beginning any project or task , is referred to as the initiating process .
The process require the proper estimation of the steps need to be taken to complete the project on time , all the steps are considered and allotted in order all the employees are clear about the task they need to perform ,
The amount , goals and duration of the project is calculated in this very step .
Hence , from the given information of the question, '
The correct term is initiating process .
The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>
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<h3>Recording a Contingent liability </h3>
- It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
- If neither of the above are possible, the loss would be recorded as a footnote.
US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.
In conclusion, they should recognize the minimum amount.
Find out more on contingent liabilities at brainly.com/question/17371330.
