Answer:
Demonstrate a commitment to ethical decision making
Explanation:
The most important way to maintain ethical behavior at workplace for management is to demonstrate a commitment to ethical decision making. Because it is the management who can commit to demonstrate ethical decision making which will encourage the employees to behave similarly which is ethically and hence the workplace environment will become ethical.
Not trying to be rude but that’s too much for too little amount of points
That’s technically an entire book page of reading
Answer:
The correct option is C. Recognize $9 million Gross Profit in 2016.
Explanation:
IFRS-15 states that a 4-step approach should be followed when the performance obligation is satisfied over a period of Time. In-this case, the performance obligation will be satisfied within three years from 2016 to 2018.
4-step Approach:
1) First of all you have to calculate the over gain/loss of the project, and the result will decide the entries to be made. In this case, the contract price is $150m and the total costs (Costs incurred + Expected Costs) are $120m. This gives us a Profit of $30m.
2) In the second step, we have to determine the progress of the contract, It means that how much work have we done so far. There are two methods to calculate the progress: Input Method and the Output Method. Based on the data available, we will go for Input Method. To calculate progress under this method, simply divide the costs incurred by the total costs and multiply the result with 100 to get the percentage. 30% is the progress of the contract.
3) Revenue (150 * 30%) = $45m
COS (120 * 30%) = $36m
Gross Profit = $9m
* 120 is the Total Cost.
4) The last step involves determining Contract Assets and Liabilities. I won't go in to the detail because this step is not concerned with your question. You are open to ask questions regarding this step if you need.
Thanks.
The quotes are:
"And by virtue of the power, and for the purpose aforesaid, I do order and declare that all persons held as slaves within said designated States, and parts of States, are, and henceforward shall be free"
"The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of sex."
<span>"Fourscore and seven years ago our fathers brought forth upon this continent a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal..."
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All of these right was carefully drafted under the constitution as basic human rights. Every legal citizens that're born in united states were automatically granted these rights ever since we're born, and no Government officals had the right to overrule it no matter how high their position might be
Answer:
The best choice of the four listed is <u>option a.</u> There is less risk that the borrower will be unable to repay the loan.
Explanation:
In an annuity loan, the payment plan is scheduled in many time intervals, meaning that you will have a lot of time to pay the lender money, no matter how small the amount is. The person borrowing is made to pay money, during this time window, many small amounts of money. Since the borrower will be paying small amount of money from time of time until he or she is done repaying, the lender has an advantage in this situation as they will not be losing money.
