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Dmitrij [34]
3 years ago
13

Which assertion relates to the following statement? "Assets, liabilities, and equity interests are included in the financial sta

tements at appropriate amounts
Business
1 answer:
KengaRu [80]3 years ago
3 0

Answer: Valuation

Explanation:

The assertion that assertion relates to the statement that Assets, liabilities, and equity interests are included in the financial statements at appropriate amounts is the valuation assertion.

According to the assertion of accuracy and valuation, it simply means that all the figures that are presented in a financial statement are known to be accurate and are based on proper valuation of the assets, the liabilities and the equity balances

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Similarity between plant industry and firms​
Furkat [3]

Answer:

A Plant – Plant refers to an institution that, in general. ... Firms generally operate one or more than one plant. An Industry – Industry refers to a group of firms that are involved in production of same or similar kind of goods and services.

5 0
3 years ago
When applying manufacturing overhead to jobs, the formula to calculate the amount is as follows: A. Predetermined overhead rate
OLga [1]

Answer:

The correct answer is option D.

Explanation:

Manufacturing overhead is a product cost and thus must be included in the cost sheet. Though it is difficult to include as it is an indirect cost. So even when the output level gets reduced due to some reason, the overhead cost remains constant.  

So, it is difficult to assign overhead costs to production. But it can be done by using an allocation process. In this process an allocation base is selected which is common to all products and services of company.  

3 0
4 years ago
Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amou
11Alexandr11 [23.1K]

Answer:

$306,000

Explanation:

The formula and the computation of the cost of good sold is shown below:

Cost of goods sold = Opening balance of merchandise inventory + Purchase made  - ending balance of merchandise inventory

= $85,000 + $323,000 - $102,000

= $306,000

Basically we have applied the above formula to find out the cost of goods sold

7 0
4 years ago
How is productivity affected when employees multitask? productivity drops by up to 85 percent. productivity increases by up to 4
Marizza181 [45]

Answer:

d) Productivity drops by up to 40 percent.

Explanation:

Multitasking is ineffective task shifting is said to be more effecteve

4 0
4 years ago
Assume your organization is experiencing an intruder attack. You have an intrusion detection system (IDS) set up. Which of the f
Tresset [83]

Answer:

a.

Explanation:

Based on the information provided within the question it can be said that the first event to occur is that the network router sends traffic to the firewall as well as to the IDS. This is because the information entering your network has to pass through the router which determines which devices connect to the network receive this information. Since you have an IDS set up then the information would pass through the IDS before reaching your device, which if the IDS detects it as suspicious traffic it will warn the firewall.

3 0
4 years ago
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