1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alukav5142 [94]
3 years ago
14

Which one of the following statements is TRUE? a. One tool of corporate governance is the location of the company headquarters.

b. An example of an agency relationship is when a supervisor hires a forklift operator. c. One tool of corporate governance is the use of accounting control systems. d. One tool of corporate governance is a company's tax avoidance strategy. e. An example of asset switching is an option to exchange one piece of real estate for another
Business
1 answer:
Anit [1.1K]3 years ago
6 0

Answer:

The correct answer is letter "C": One tool of corporate governance is the use of accounting control systems.

Explanation:

Corporate governance includes the rules, practices, and processes a company counts on at the moment of handling its operations. Corporate governance walks hand-in-hand with the firm's management since thanks to the administration of the entity the corporate governance of a firm can be implemented.  

<em>Accounting tools are part of the different systems a company selects to operate within its corporate governance.</em>

You might be interested in
On January​ 2, 2017, Kellogg Corporation acquired equipment for​$800,000. The estimated life of the equipment is 5 years or​ 80,
lesya692 [45]

Answer:

Book value of the asset = $484,000

Explanation:

Given:

Equipment cost = $800,000

Residual value = $10,000

Computation:

Depreciation = (Equipment cost - Residual value) /  Life

Depreciation = ($800,000 - $ 10,000) / 5

Depreciation = $ 158,000 per year

Depreciation for 2 year =$ 158,000 x 2

Depreciation for 2 year = $316,000

Book value of the asset = Equipment cost - Depreciation for 2 year

Book value of the asset = $800,000 - $316,000

Book value of the asset = $484,000

6 0
3 years ago
A The management of Gresa Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is ave
Zepler [3.9K]

Answer:

Gresa Inc.

Comparative Condensed Income Statements for 2017

under FIFO and LIFO.

                                                                  <u>  FIFO                               LIFO</u>

Sales                                                          1176450                    1176450

Cost Of Goods Sold                                 660,400                    657, 200

Gross Profit                                               516050                    539,500

Operating  Expense                                  $ 150,000               $ 150,000

Income before Tax                                      $ 366,050             $ 389500

Income Tax  (30%)                                       <u> $ 109815                  $ 116850</u>

<u>Net Income                                                     $  256235  $272650</u>

<em><u>Working :</u></em>

<em><u>Fifo Cost of Goods Sold= $ 10,000 +  $168,000 +  $ 150,000+ 156,000 + 176,400= </u></em>

<em><u>Lifo Cost of Goods Sold= $ 224,000 + 156,000+  $ 150,000+127,200</u></em>

Purchases were made quarterly as follows.

Quarter     Units         Unit Cost        Total Cost

1               70,000       $2.40             $168,000

2             60,000        2.50               150,000

3             60,000         2.60              156,000

4             80,000          2.80               224,000

                270,000                            $698,000

Inventories    Beginning (5,000 units)    $10,000          

Total net sales (253,000 units)  $1,176,450

Ending (22,000 units)

Total cost of goods purchased (270,000 units) 698,000

3 0
3 years ago
Thrill Rides is considering adding a new roller coaster to its amusement park. The addition is expected to increase its overall
zepelin [54]

Answer:

C. ticket sales for the new coaster.

Explanation:

In the case when the sales is reduced for the boat rise so the new rise would decrease the sales of the boat ride.

in the case when the food cost would be increase so if the sales of the food rises so automatically the food cost would rise

In the case when there is an extra sales for existing coaster, the same is mentioned in the given case

Therefore the option c is correct

4 0
3 years ago
Grace is the editor of her school newspaper. Which feature of a word processing program would she use to make her changes visibl
gogolik [260]

<u><em>the answer is A TRACK CHANGES  . autocorrect is wrong it  deletes the answer and changes it to the right one . but track changes shows all the changes you have made to the paper hope this helps. </em></u>

8 0
3 years ago
Read 2 more answers
Audits may be characterized as
hammer [34]

Answer:

(a) 2 and 9

(b) 5, 6 and 7

(c) 1, 4 and 8

(d) 3

Explanation:

(a) financial statement audits,

2. Determine whether an advertising agency’s financial statements are fairly presented in conformity with GAAP. ( independent (external) auditors  )

9. Report on the need for the states to consider reporting requirements for chemical use data. d governmental auditors Render a public report on the assumptions and compilation of a revenue forecast by a sports stadium/racetrack complex. ( independent (external) auditors )

(b) compliance audits,

5. Investigate financing terms of tax shelter partnerships. ( governmental auditors (IRS) )

6. Study a private aircraft manufacture’s test pilot performance in reporting on the results of text fights ( internal auditors )

7. Conduct periodic examinations by the U.S. Comptroller of Currency of a national bank for solvency. ( governmental auditors )

(c) economy and efficiency audits, and

1. Analyze proprietary schools’spending to train students for low-demand occupations ( governmental auditors  )

4. Compare costs of municipal garbage pickup services to comparable services subcontract to a private  business. ( internal auditors )

8. Evaluate the promptness of materials inspection in a manufacture’s receiving department. ( internal auditors )

(d) program results audits.

3. Study the effectiveness of the Department of Defense’s expendable launch vehicle program.  ( governmental auditors  )

4 0
3 years ago
Read 2 more answers
Other questions:
  • An ______ is a period of low economic activity and rising unemployment.
    5·2 answers
  • Kelly and David are both capable of repairing cars and cooking meals. Which of the following scenarios is not possible? a. Kelly
    13·1 answer
  • A risk is something that causes the possibility of a loss.
    10·2 answers
  • On October 1, 2016, Concord Corp. issued $924,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pa
    15·1 answer
  • Determine the total cost for this plan given the following forecast:
    13·1 answer
  • "Sanchez Company engaged in the following transactions during Year 1:
    5·1 answer
  • Contribution Margin and Contribution Margin Ratio
    11·1 answer
  • When a party purchases an app from the author, the copyright transfers from the author to the buyer. What is this is called
    15·1 answer
  • Before beginning to prepare for her upcoming presentation, Kay contacts the venue to determine what technology will be available
    11·1 answer
  • In what specific ways do you see yourself as being a part of a globalized world?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!