Answer:
B net income is overstated, assets are overstated, and stockholders' equity is overstated
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.
Answer:
D. Recommendation to buy life insurance does not make the investment advice any less objective.
Explanation:
investment adviser representative are also regarded as financial planner are advisers that gives advice in term of financial service to firms or individual or his/ her customer
In the situation described in the question whereby, the agent recommends that a customer sell a mutual fund holding and use the proceeds to buy life insurance, then these information are needed to be disclosed to the customer
✓. Sale of the mutual fund mayor is alt in a taxable event to the customer
✓Recommendation to purchase life insurance is in no way connected to the services offered by the advisory firm
✓Agent will earn a commission on the life insurance purchased by the customer
Answer:
B. are transfers within the same company.
C. have a direct impact on division profits.
Explanation:
Transfer prices can be defined as the amount of money (prices) that is being charged by a division in a business firm for the goods and services provided to another division within the same business firm. Thus, the output of the selling division automatically becomes the input of the buying or receiving division.
The characteristics of transfer prices includes;
I. Are transfers within the same company.
II. Have a direct impact on division profits.
The scenario that show workplace rules need to be changed is Workers voting to disband their union because they feel that it has not adequately represent their interest.
<h3>What is a workplace?</h3>
A workplace is a designated location or place where employees of and employer work or a place where workers perform their designated duties.
Therefore, The scenario that indicate workplace rules need to be changed to resolve conflict is Workers voting to disband their union because they feel that it has not adequately represent their interest.
The question is incomplete are the options were not given.
Here are the options from another website.
- A lack of deadlines for research staff, preventing other staff members from getting information in a timely fashion
- Line workers and executives not eating together at lunch, except for onescheduled day each month
- An employee threatening to quit, because he did not get a raise that he hadcounted on and believed he deserved
- Workers voting to disband their union because they feel that it has not adequately represent their interest.
Learn more about workplace below.
brainly.com/question/1249474
Answer:
both r the same
Explanation:
Stay safe, stay healthy and blessed.
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