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
ICE Princess25 [194]
3 years ago
11

Temporary earnings are best characterized as:(A) earnings from nonoperating activities.(B) earnings that arise from events that

are not likely to recur in the foreseeable future.(C) earnings that do not conform to Generally Accepted Accounting Principles (GAAP).(D) earnings that do not have corresponding cash flows.
Business
1 answer:
evablogger [386]3 years ago
7 0

Answer: Option D

                                 

Explanation: In simple words, these are accounts from which the cash flows  are not stable and there is no guarantee that the entity will be able to get that benefit in the next accounting period.

The word "temporary account" applies to materials found on your statements of income, such as income and expenditure. Unlike regular accounts, temporary accounts must be ended to start the new accounting cycle with zero balances at the end of your company's accounting period.

Hence from the above we can conclude that the correct option is D.

You might be interested in
Prescott Bank offers you a five-year loan for $53,000 at an annual interest rate of 7.75 percent. What will your annual loan pay
Whitepunk [10]

Answer:

$13,186.84

Explanation:

Use the Time Value of Money Techniques to Solve the Problem

Pv = $53,000

N = 5

i = 7.75 %

Fv = $ 0

P/yr = 1

Pmt = ?

Using a Financial Calculator, the annual loan payment (Pmt) is $13,186.84.

8 0
3 years ago
How many students go to princeton a year?
elena-14-01-66 [18.8K]
Out of the over 20,000 that apply only about 2,000 go to Princeton a year!
4 0
3 years ago
This management theory assumes there is no one best way to manage?
Kobotan [32]

The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.

8 0
3 years ago
The supported commander's ____________ gives the service components, supporting commands, and agencies a detailed oplan, and it
Vesnalui [34]

The correct answer is exord. An exord is being defined in military form by which this implies to having an order to be implemented or a specific order to be carried out in which is specified and detailed that are to be provided to the group.

6 0
3 years ago
Read 2 more answers
Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will
daser333 [38]

According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

<h3>What are the steps of the change process?</h3>

The change process involves the following steps:

  1. Diagnosing the problem
  2. Assessing the motivation or need and capacity for change
  3. Assessing the resources and motivation of the change agent
  4. Establishing change objectives and strategies
  5. Determining the role of the change agent
  6. Implementing the changes.

Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.

Learn more about the steps of the change process at brainly.com/question/5689601

3 0
2 years ago
Other questions:
  • Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n
    14·1 answer
  • Which method(s) of project analysis is(are) best suited for use by a department manager who has no knowledge of time value of mo
    15·1 answer
  • Star, Inc., a prominent consumer products firm, is debating whether or not to convert its all-equity capital structure to one th
    6·1 answer
  • On September 1, Walker Company received $30,900 for six months of rent in advance. On September 1, Walker Company credited Rent
    7·1 answer
  • JBS Inc. recently reported net income of $4,750 and depreciation of $885. How much was its net cash provided (used) by operation
    9·1 answer
  • Identify the differences between the United States experiences during the Great Depression and the financial crisis of 2007-2009
    15·1 answer
  • What is likely to be the role of agri-<br> culture in a traditional economy?
    6·1 answer
  • At the beginning of the current season on April 1, the ledger of Sandhill Pro Shop showed Cash $2,950; Inventory $3,500; and Com
    5·1 answer
  • You are the manager of a small hotel with 40 rooms in Niagara. Your business has dropped almost 90% in recent months. Your cash
    5·1 answer
  • Scenario: Elly owns a small coffee shop. She has only one employee. One weekend, she decides to take a break from work. She is w
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!