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]
3 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]3 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]3 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
A business maintains subsidiary accounts for each of its customers. On May​ 15, the business provides services on​ account: $1,9
kipiarov [429]

Answer:

The answer to the following question is that the account receivables account would be debited by the $8100 and the service revenue account would be credited by $8100.

Explanation:

The given information -

Service provided to J. Anthony - $1900

Service provided to A.Martin - $4900

Service provided to S.Lee - $1300

JOURNAL ENTRY -

SN      Particular                         LF           Debit             Credit

1         Account receivables                     $8100

        a) J. Anthony - $1900

        b) A. Martin - $4900

        c)  S .Lee - $1300

      To Service revenue                                                      $8100

( Service provided to customers )

5 0
3 years ago
Gross pay minus deductions is known as
AveGali [126]
<span>The correct answer is net pay. Gross pay is the sum that you receive overall. This does not account for any taxes or automatic withdrawals for retirement funds. Once these deductions occur, you will receive the net pay.</span>
4 0
3 years ago
Read 2 more answers
Some customers are __________, caring about new developments in their category and seeking out new products.
jeyben [28]

Answer:

Early adopters

Explanation:

Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

Therefore in the given situation, the early adopters should be chosen for the new developments in the products category

3 0
3 years ago
When using email to request action, the subject line should be as vague as possible.
Allisa [31]

Answer:

False

Explanation:

When using an email to request an action the subject line should be brief but specific. Leaving a vague subject line can often confuse another, however, making the subject line too lengthy and specific defeats the purpose. The best subject lines are brief but give a general idea of what the email contains.

5 0
4 years ago
Read 2 more answers
Suppose that consumers would like to purchase 10 million dvds but only 5 million are available. in order for the market to coord
slavikrds [6]

Answer: in the given hypothetical statement above in order for the market to coordinate the demand and supply for dvds, the price of dvds will have to increase. When the price of dvds increase the supply will increase too, because the suppliers will now have a greater profit margin than before. On the other hand, the demand will decrease because of the higher prices and in this way the demand and supply curves will reach an equilibrium.

5 0
3 years ago
Other questions:
  • Shortage is _____.
    12·2 answers
  • Income __________ when there is zero beginning inventory and all inventory units produced are sold. will be lower under variable
    5·1 answer
  • A successful biologist’s main interest area would be _____.
    10·1 answer
  • Which one of the following is NOT likely to be a result of deflation? Question 1 options: Menu costs will increase People will b
    12·1 answer
  • A beekeeper lives adjacent to an apple orchard. The orchard owner benefits from the bees because each hive pollinates about one
    13·1 answer
  • Andrew Industries purchased $166,000 of raw materials on account during the month of March. The beginning Raw Materials Inventor
    9·1 answer
  • Carter Corporation made sales of $ 825 million during 2018. Of this​ amount, Carter collected cash for $ 710 million. The​ compa
    12·1 answer
  • The state government maintains an investment pool for itself and local governments in the state. The investment pool received t
    13·2 answers
  • is the sum of all the values that customers exchange for the benefits of having or using a product or service.
    12·2 answers
  • Assume the annual interest rate is 6%. Calculate the value of an investment that pays $100 every two years, starting two years f
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!