Answer:
Accountants and finance managers both work with clients and businesses to improve their finances. However, finance managers supervise all financial aspects of a business over a long period of time, while accountants focus on managing financial records and taxes.
Answer:
Cullumber Company
Journal Entry:
Debit Loss on Goodwill Impairment $34,200
Credit Goodwill $34,200
To record the loss on goodwill impairment.
Explanation:
a) Data and Calculation:
Fair value = $820,800
Carrying value of net identifiable assets, including goodwill = $855,000
Goodwill impairment = $34,200 ($855,000 - $820,800)
b) Cullumber, which acquired Blossom is expected to check for the impairment of goodwill yearly. The impairment occurs when the carrying value of the net identifiable assets of Blossom is more than the fair value of Blossom. Generally Accepted Accounting Standards require the annual review of the fair value of goodwill to check for its impairment. By the above entry, the goodwill will be reduced by $34,200 and a loss debited in Cullumber's accounts.
Answer:
The correct option is B. expand the production possibilities of an economy.
Explanation:
Economic growth can be defined as the increase in an economy's production of economic goods and services, often compared from one period of time to another. It can be measured in any of the following:
- Nominal or real (adjusted for inflation) terms.
- Gross National Product (GNP)
- Gross Domestic Product (GDP), etc.
Contributors to economic growth include:
- Increases in capital goods.
- Increase in labor force.
- Technology.
- Human capital.
In simplest terms therefore, economic growth is used to refer to an increase in the aggregate production in an economy.
Answer:
Short-run economics primarily affect price.
Explanation:
When demand decreases for any reason, prices go down in the short term. When demand spikes, prices go up. ... Long-run adjustments occur when sustained increases or decreases in demand cause a business to change its practices and can affect both price and the means of production.
Specifically the fundamental security design principle applies to the control recommendations of the fundamental security principle.
These principles are developed while keeping in mind the security systems and to prevent damages and flaws. and unwanted access to the system.They are designed by security agencies and homeland security.
Fundamental security has several principles that are implemented in the software which control certain recommendations in the design itself, which is easy to update and modify the security patterns and specific tasks. These works both in hardware and software applications.
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