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
Kamila [148]
2 years ago
6

Robles Manufacturing has eight different accounting policies that they need to disclose in their financial statements as well as

a statement of the risks, uncertainties, and estimates they used to calculate account values. The best way for Robles to disclose this information is to _______.
Business
2 answers:
Vladimir [108]2 years ago
6 0

Answer:

The correct answer is a Summary of Significant Accounting Policies.

Explanation:

An accounting policy is a set of specific principles, rules and procedures that are adopted by an entity to prepare and carry out the accounting statements or documents. Therefore, the existence of accounting policies is due to the fact that international standards-issuing agencies, and the country-specific accounting plans (which tend to establish the standards issued by those bodies), leave some freedom. That is, in various aspects, entities can choose between different options when presenting their financial statements. In addition, there may be cases that are not regulated by the rules.

nirvana33 [79]2 years ago
5 0

Answer:

include a summary of significant accounting policies with the financial statements.

Explanation:

The summary of significant accounting policies is a separate section that is included with the financial statements of a company. The SEC requires public corporations to include a summary of significant accounting policies as additional notes to financial statements. This summary describes the key accounting policies followed by the corporation's accounting department and by its external auditors. Both the GAAP and the IFRS require that companies include this summary, even if they are not publicly traded, but the legal obligation comes from the SEC.

You might be interested in
Sound Tek Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly,
Tema [17]

Answer:

A. 45

B.2,235

C. 1.9%

Explanation:

A. Calculation to determine the amount of value-added

VALUE ADDED TIME

PC board Assembly 4

Final Assembly 20

Testing 9

Packaging and labeling 12

Total Value added time 45

Therefore the amount of value-added is 45

B. Calculation to determine non-value-added lead time

NON-VALUE-ADDED LEAD TIME

Wait time for non added value 2,205

[45*(50-1)]

Add Test set up time 30

Wait time 2,235

Therefore The non-value-added lead time is 2,235

C. Calculation to determine the value-added ratio

Value added time 45

Non value added lead time:

Wait time lead time 2,235

Move time lead time 32

(12+20)

Total lead time 2,312

Value added ratio 1.9%

(45/2312*100)

Therefore the value-added ratio is 1.9%

6 0
2 years ago
which region gained the most from the exchanges of ideas and technologies facilitated by the mongol empire?
faust18 [17]

Answer:

Europe

........

3 0
2 years ago
Read 2 more answers
Maple Farms, Inc. v. City School District of Elmira. Read the summary of the court opinion. Could something like this bankrupt a
tester [92]

The correct answers to these open questions are the following.

Maple Farms, Inc. v. City School District of Elmira.

Could something like this bankrupt a company?

Yes, it can, if the proper forecast were not done taking into consideration all of the possible variables at medium and long-range.

Do you agree with the decision?

It was a tough decision because the court declared in its decision that the performance was not impracticable, as Maple Farm Inc indicated when decided to break the contract.

In strict theory, I agree with the court's decision because the explanation was that an "impractical" occurred when an event happened totally unexpected. And in this case, Mapple Farm Inc could have taken extra provisions knowing that milk had a 10% increase the last year and had the chance of more increases in the present year.

That is how a company can avoid this type of situation. Taking better provisions, contemplating all kinds of variables, knowing that in the future, something unexpected can happen and could be prevented with the proper forecast.

8 0
2 years ago
Your résumé should always begin with the title RESUME at the top.<br> True or False
docker41 [41]

I believe that statement is False

A resume usually required to be sent to a specified email address that is used by a member of company's human resources, they would know what resume look like without having to put that title. It would be best to put your photos or general information at the top of the resume.

4 0
3 years ago
Read 2 more answers
By sending postpurchase letters and giving guarantees on products, marketing managers can help reduce _____. selective exposure
zavuch27 [327]

Cognitive dissonance, which is the mental discomfort between two contradictory ideas. Customers may experience cognitive dissonance when they spend a lot of money and feel regret even for a purchase that they enjoy.

3 0
3 years ago
Other questions:
  • Jerry lost his credit card and instead of reporting it right away, he decides to continue looking for it believing he could find
    6·2 answers
  • ____ describes the period of time in a twenty-four-hour period that is spent at work.
    9·2 answers
  • A contest for an honor or an award is called?
    7·2 answers
  • Another word used to describe market economies is
    7·1 answer
  • The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to
    13·1 answer
  • A person wishing to manufacture and sell a product that another holds the patent on
    9·1 answer
  • 1) Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic i
    12·1 answer
  • To help maintain a competitive advantage, the emphasis for most companies is on _____.
    14·1 answer
  • Dusan is a member of the Tonda LLC, and all members have equal interests in capital and profits. The LLC has made an optional ad
    15·1 answer
  • Last year Ace charged $1,469,867 Depreciation on the Income Statement of Andrews. If early this year Ace purchased a new depreci
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!