1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hichkok12 [17]
3 years ago
11

32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies

Business
1 answer:
Gnom [1K]3 years ago
4 0

Answer:

There are various significant accounting policies which are governed by IFRS and GAAP framework.

Explanation:

The significant accounting policies are revenue recognition, inventories accounting cost or NRV, Property plant and equipment, goodwill recognition and others. These policies are governed by accounting frameworks such as GAAP and IFRS. Both of these frameworks have differences in accounting treatment.

You might be interested in
A manager responsible for facilitating the exchange of products between an organization and its customers through activities suc
Tpy6a [65]

Answer:

marketing manager

Explanation:

Marketing refers to all the activities that a company performs to convince customers to buy its products. They are the actions undertaken by a company to promote buying of its goods and services. These activities include advertising, sales promotions, direct sales, and product delivery to customers and other businesses.

The marketing manager is the senior officer responsible for the marketing functions of a company.  He or she is the leader of the marketing department and coordinates everyday activities in that section. The marketing manager balances and selects the most efficient channel of promoting company products such as TV advertising, print media, or digital marketing.

6 0
3 years ago
Permanent insurance plans include various options available to the policyowner. What whole life insurance policy options protect
lesantik [10]

Answer:

Non-forfeiture option

Explanation:

Insurance is usually taken to guard against uncertainty of an event in the future. For example if a fire breaks out in an office, insurance can be used to regain an agreed portion of the office value from the insurance company.

It is a way of guarding against risk.

Non-forfeiture option is used to prevent unintentional coverage payment lapse.

This is done with the use of automatic premium loan and grace periods in case of default.

4 0
3 years ago
When using for file storage, you must be able to access the physical device in order to retrieve files from it.
pogonyaev
B. If you needed to Access it if your computer ever crashes down, you have a copy that won't get corrupted.
6 0
3 years ago
Read 2 more answers
Rock industries allocates manufacturing overhead based on direct labor cost. any overallocated or underallocated overhead is clo
Butoxors [25]

Answer:

Note: The full question is attached as picture below

Overhead Cost of one Month = Total Overhead Cost  / 12 Month

Overhead Cost of one Month = $403,200 / 12 month

Overhead Cost of one Month = $33,600

So, Overhead Chargeable Per Month is $33,600

PARTICULARS                                      AMOUNT

Direct Materials                                     $26,000

Direct Labor                                           $21,000

Manufacturing overhead Applied        <u>$33,600</u>

Total Manufacturing Expenses           $80,600

Less: Job Work in Process      

Direct Materials                                       $3,000

Direct Labor                                             $1,500

Cost of Goods Sold before proration  $76,100

of over or under allocated overhead

6 0
2 years ago
Which of the following values should be inserted to correctly balance the ledger shown below?
vredina [299]
In order to figure out this you would take the original balance
$120.70 and add the paycheck $343.52
from there you would then minus the City payment of $53.90 and minus the internet payment of $86.40
This would leave you with $323.96
Hope This helps :)
8 0
3 years ago
Other questions:
  • Why is it important to include a persons title when developing a reference sheet?
    12·2 answers
  • How much money should you save in case you have an emergency
    14·2 answers
  • El Salvador has a population density of about 620 people per square mile and neighboring Honduras a population density of about
    10·1 answer
  • Tips, bonuses, and capital gains are all _____.
    13·2 answers
  • Exercise 5-12 Presented below is the trial balance of Larkspur Corporation at December 31, 2017. Debit Credit Cash $ 200,490 Sal
    15·1 answer
  • What are examples of short-term goals? Check all that apply.
    15·2 answers
  • An advertising agency is developing advertisements to promote a political candidate. one ad is a radio spot airing during "drive
    12·1 answer
  • What did passage of NAFTA do?
    8·2 answers
  • Indy Company has the following data for one of its manufacturing plants:
    11·1 answer
  • The liberty of man in society is to be under no other legislative power but that established by consent in the commonwealth.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!