Answer:
a. essentially the same under IFRS and GAAP.
Explanation:
A bond is a fixed income instrument that represents the indebtedness of the borrower to the investor or creditor (bond issuer). They're basically loans that are given to large organizations or government.
This ultimately implies that, when an investor or creditor purchases a bond, an agreed amount of money is being borrowed to the issuer as a loan. Consequently, the bond issuer is expected to pay an interest with a return of principal at maturity to the holder (investor or creditor) of the bond.
Hence, bonds payable only arises when a company issues bonds so as to generate cash for its business and plans. Thus, the company is a borrower as the bond issuer while the holder of the bond is a debt-holder (investor or creditor). This further would mean that, the company becomes liable to the investor. Therefore, bonds payable should be recorded on the long-term liability side of the balance sheet being used by the company.
Bonds are issued at par or premium or discount and as such bond issuer records the face value of the bond as bonds payable.
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and financial accounting standards board (FASB).
The accounting for bonds payable is essentially the same under International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).
Answer:
D. Just gallons of paint, without concern for the different colors and sizes
Explanation:
Aggregate planning is explained to be an operational activity critical to the organization as it looks to balance long-term strategic planning with short term production success.
Thus annual and quarterly plans are broken down into labor, raw material, working capital, etc. requirements over a medium-range period (6 months to 18 months). This process of working out production requirements for a medium range is called aggregate planning.
Also it is noted that a complete information is required about available production facility and raw materials.
A solid demand forecast covering the medium-range period.
Answer:
TRUE.
Explanation:
A secondary boycott is an attempt to influence the actions of one business by exerting pressure on another business. It is a situation where one refuses to do business with a company in an attempt to persuade them not to do business with another company where the employees are striking or involved in a disagreement with their employees.
Typically a labor union involved in a dispute with an employer will arrange a secondary boycott if less drastic measures to reach a satisfactory accord with the employer have been ineffective. Secondary boycotts have two main forms: a secondary consumer boycott, in which the union appeals to consumers to withhold patronage of a business, and a secondary employee boycott, in which the union dissuades employees from working for a particular business.
Since the postal employees refused to deliver mail claiming that they were honoring the strike for their fellow service union members. Therefore, it is TRUE that the postal employees were participating in a voluntary secondary boycott.
Answer: FALSE
Explanation: Innovations is the term used to refer to the invention or creation of new things,new ideas,new ways to solving the problems of man or to understand things or issues.
The rate of Innovation after the restoration of the Gospel is more and better now when compared to the days prior to the restoration of the Gospel. People now understand the Gospels with better knowledge,the interpretation is good and correct now.
