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IceJOKER [234]
3 years ago
13

2. Indicate whether the following statements are true or false:

Business
1 answer:
VladimirAG [237]3 years ago
7 0

Answer:

false ucboycivtsobudbvrxyvjk

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Pension Plan Entries Yuri Co. operates a chain of gift shops. The company maintains a defined contribution pension plan for its
worty [1.4K]

Answer and Explanation:

The journal entry is shown below:

On Dec 31

Pension expense $157,100

     To Unfunded pension liability $157,100

(Being the quarterly pension cost is recorded)

here the pension expense is debited as it increased the expense and credited the unfunded pension liability as it also increased the liabilities

So, the above journal entry should be recorded

4 0
3 years ago
What are cultural, control, and organizational variables that are utilized by decision makers to effect change in their organiza
Natasha_Volkova [10]

Answer:

managerial levers

Explanation:

4 0
2 years ago
What if The Biscuit Bakery was a corporation? Suppose Mrs. Meadows is the CEO, but does not own any stock in the company. The Bi
aleksklad [387]

Answer:

Correct option is (C)

Explanation:

Mrs Meadows is the CEO, which means she is an employee in the company. So, her obligations are limited to the duties carried out by her. She will be personally obligated for her actions only if she commits a tort or crime related to the transaction.

If that is not the case, then she is not personally liable for the money owed to the vendor. The company is held liable for obligations towards the vendor.

3 0
3 years ago
5. Cruzville economists have been using 2013 as their base year to calculate inflation. a) What is the CPI during the base year
4vir4ik [10]

Based on the base year used by Cruzville economists to calculate inflation, the following at the CPIs:

  • 2013 = 100
  • 2014 = 112
  • 2015 = 130

<h3>What is the CPI over the years?</h3>

As 2013 is the base year, the CPI will be 100 because all base years are 100 for CPI purposes.

The CPI in 2014 is:

= 112

This is due to an inflation rate of 12%.

An inflation rate of 16.1% is the reason why the CPI in 2015 is 130.

Find out more on CPI at brainly.com/question/1889164.

#SPJ1

5 0
2 years ago
Suppose that Jeremy agrees to pay Shelly $50 a month for 4 months to tutor him for his legal studies class. However,Jeremy breac
Lunna [17]

Answer:

The correct answer is C

Explanation:

Contract is the legal term which is defined as the agreement which is legally enforceable among two or more than two parties. And the contract could be written or oral.

So, in this scenario, Jeremy had an agreement with Shelly to pay per month $50 and for four months. But Jeremy breach the contract when two months left on the contract to complete.

Therefore, the incompensatory damages to Shelly be entitled is computed as:

Damage amount = Amount Per month × Number of months

= $50 × 2

Damage amount = $100

5 0
3 years ago
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