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2 years ago

Cost outlays are recorded as an expense when they are incurred to earn revenue in the _______________ accounting period

Business

1 answer:

Deffense [45]2 years ago

8 0

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

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Government can reallocate resources away from private goods toward public goods, usually through Multiple Choice import tariffs

RSB [31]

Answer:

The correct answer is: taxes and government spending.

Explanation:

The government can reallocate resources from private and public goods through taxes and government spending. The government can reduce spending on private goods by imposing taxes.

It can increase the allocation of public goods by using these tax earnings to spend on public goods through government spending. In this way, the government can reach the efficient allocation of resources.

3 0

3 years ago

The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies.

Igoryamba

The statement "The Sarbanes-Oxley Act in 2002 was created to protect consumers against false advertising by monopolies." is false.

Sarbanes-Oxley Act placed the obligation of responsibility for a company's financial reporting squarely on the shoulders of its top executives in order to safeguard investors from corporate accounting fraud.

It required chief executive officers (CEOs) and chief financial officers (CFOs) to personally attest to the correctness of the information in financial reports and to affirm that controls and procedures were in place to evaluate and verify that accuracy.

In reality, CEOs and CFOs had to personally certify that financial reports complied with Securities and Exchange Commission(SEC) rules by signing them. Failure to comply with this might result in fines of up to $15 million and 20-year prison terms.

Hence, the given statement is false.

Learn more about the Securities and Exchange Commission:

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3 0

1 year ago

A marketing plan should be as detailed, and therefore as complicated as possible. True False

Natalija [7]

Answer:

False

Explanation:

It should be detailed, clear and straight to the point. It doesn't have to be anything complicated.

3 0

2 years ago

Read 2 more answers

Which of the following accurately describes the effect target costing has on the manufacturing design function? Select one: A. T

UkoKoshka [18]

Answer:

B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department

Explanation:

Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.

5 0

3 years ago

Assets Current assets $38,000,000 Net plant, property, and equipment $101,000,000 Total assets $139,000,000 Liabilities and Equi

Reil [10]

Answer:

9.73%

Explanation:

the market value of equity = 10,000,000 stocks x $15 = $150,000,000

the market value of debt = 40,000 bonds x $1,150 = $46,000,000

total = $196,000,000

weight of equity = 0.7653

weight of debt = 0.2347

Re = 3.5% + [1.35 x (0.115 - 0.055)] = 0.035 + 0.081 = 0.116

cost of debt = ytm = {36.25 + [(1,000 - 1,150)/40]} / [(1,000 + 1,150)/2] = (36.25 - 3.75) / 1,075 = 32.50 / 1,075 = 0.03023 x 2 = 0.0605

after tax cost of debt = 0.0605 x (1 - 40%) = 0.0363

WACC = (0.116 x 0.7653) + (0.0363 x 0.2347) = 0.09729 = 9.73%

3 0

3 years ago