Answer:
1. The failure to file a personal tax return in a timely manner is usually considered an act discreditable to the profession.
2. Advertising is permitted as long as it is not false or misleading.
Explanation:
It is considered one of the ethics of the AICPA for its members to always file their personal tax return timely. In a case where this is not done, it is considered a discreditable act to their profession. Furthermore, according to the AICPA, as long as what is being advertised portrays true intentions of the organization and does not mislead people, advertising is permitted.
<span> Revenue </span>accounts or <span>Expense </span><span>accounts</span>
Answer:
True
Explanation:
Variations in both common and special circumstances contribute to project costs and need to be weighed by project managers when they want to work more often.
- Variability, is the degree to which data deviate differ from the estimated value in a probability distribution or data set, and the extent to which those data points differ from one another.
- This is most commonly attributed in financial terms to the volatility of the returns on investment.
therefore the answer is true for the following.
Answer:
0.26
Explanation:
Given that :
Value of debt = $1.1 million
Value of preferred stock = $1 million
Value of common equity = $2.2 million
Total value of company's funds :
(value of debt + value of Preffered stock + value of common equity)
(1.1 + 1 + 2.2) million
= $4.3 million
Hence, weight of debt :
Value of debt / total value of company's funds
$1.1 million / $4.3 million
= 0.2558
= 0.26