Answer:
C. individuals
Explanation:
The law treats corporates organizations as legal citizens. It gives them commercial right to own property, enter into contracts, and incur debts. Corporates have tax obligations, just like individuals. They can sue and be sued.
The law considers a corporate as a separate entity from its owners. It distinguishes the assets and liabilities of the institutions as different from those of its founders. A corporate has an infinite life. The death of its shareholders does not automatically mean its termination.
Answer:
a<u>.False.</u>
a<u>.True.</u>
Explanation:
It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.
Answer:
It is not necessary to prepare any other budgets before preparing the Cash Budget.
Explanation:
- The cash budget is assumptions of the cash flow over a period of time and this budget is used to check the entity has a sufficient cash to operate. This process allows the company to forecast the cash needs throughout the year and changes to the roll forwards this technique does need any other budgeting technique to be made prior.
Answer:
A.
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
Explanation:
When the transaction was agreed on September 3, 20X8, the exchange rate was;
$0.85 : 1 franc
Therefore the $17,000 was valued at;
= 17,000/0.85
= 20,000 francs
When the transaction was paid for however, on October 10, the Franc had gained on the dollar by;
= 0.9 - 0.85
= $0.05
This means that the dollar got weaker by $0.05 so the company made a loss of
= 20,000 francs * 0.05
= 1,000 francs
This will be recorded as;
DR Foreign Currency Transaction loss 1,000
CR Accounts Payable (SFr) $1,000
The policy document provides guidelines to promote information sharing is DoD Manual 5200.01, Volumes 1 and 2
<h3>What is information sharing?</h3>
The policy that promote information sharing, certain guidelines must be followed in DoD Manual 5200.01, Volumes 1 and 2, when classifying and marking information.
The DoD Manual does the following:
- Provides guidance for the correct marking of information.
- Promote information sharing.
- Facilitate judicious use of resources.
Therefore, the policy document that provides guidelines to promote information sharing is contained in the DoD Manual 5200.01, Volumes 1 and 2
Learn more about information sharing here : brainly.com/question/24468230
