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Anni [7]
3 years ago
11

Are all warranty costs accounted for under the accrual basis of​ accounting? explain.

Business
1 answer:
stich3 [128]3 years ago
8 0

All warranty costs accounted for under the accrual basis of accounting go under this section unless the repair cost does not have reasonable estimation. If the repair cost does not have reasonable estimation, it goes under the cash basis for accounting. The accrual basis method of accounting is when you record transactions for revenue when earned and expenses as they are incurred.

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A difference between money issued by colonies and money issued by the continental congress was that money issued by each colony
KengaRu [80]

I guess the correct answer is Backed by real wealth

A difference between money issued by colonies and money issued by the Continental Congress was that money issued by each colony was backed by real wealth.

5 0
3 years ago
According to the time-driven model of leadership, _____ styles are reserved for decisions where employee commitment is unimporta
stich3 [128]
According to the time-driven model of leadership, autocratic leadership styles are reserved for decisions where employee commitment is unimportant. 

Autocratic is also known as authoritarian leadership where one or a few people are in control of the entire organization and everyone else has little say on how things are done. This works well at times because of the strong power from the leader(s) but it often creates hostility in the workplace. 
7 0
3 years ago
If the government subsidizes colleges adn sets the subsidy so that the efficnet number of students entroll, what is the subsidy
slava [35]

If the government subsidizes colleges and sets the subsidy so that the efficient number of students enrolled The subsidy is ​$ 1000 per student and 6 million students enroll.The cost to the taxpayers is ​$ 6 billion.

A subsidy or government incentive is a form of financial aid or assistance provided to a sector of the economy (business or individual), generally for the purpose of promoting economic and social policies. [1] The term subsidy generally comes from governments but can refer to any kind of support, including NGOs and implied subsidies. Subsidies come in many forms, including direct (cash grants, interest-free loans) and indirect (tax relief, insurance, soft loans, accelerated depreciation, rent refunds)

They may be broad or narrow, legal or illegal, ethical or unethical. The most common form of subsidy is a producer or consumer subsidy. Producer/production subsidies ensure an advantage for producers by providing either market price support, direct support, or payments for factors of production[3]. Consumer/consumption subsidies generally reduce the price of goods and services to consumers. For example, in the United States, it was cheaper to buy gasoline than bottled water

Learn more about subsidy here

brainly.com/question/6945210

#SPJ4

6 0
2 years ago
Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer
yan [13]

Answer: Option (C) is correct.

Explanation:

Given that,

Net cash provided by operating activities = $34

Income taxes = $12

Capital expenditures = $24

Cash dividends = $7

Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure

                           = $34 - $7 - $24

                           = $3

Therefore, the company's free cash flow was $3.

3 0
3 years ago
Suppose a consumer is purchasing Coke and pretzels in quantities such that she is achieving consumer equilibrium. Then the price
mariarad [96]

Answer:

increase, decrease, increase

Explanation:

When know the net profit of all financial businesses is maximized, and the resource distribution must be effective and achievable, but there must be a consideration, market allocation must be competitive or well

so here when coke prices go up. The consumer will probably increase the consumption of coke and the marginal utility of the coke will decrease, while the overall utility of the coke will increase.

4 0
3 years ago
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