Basically, the equity method is used to account the amount of an investment which is made by a company on an entity.However, this is done by an investor who contains a substantial amount of investment in the investee company.The investee records any adjustments in the other comprehensive income whereas the investor makes changes in the investment account.
Answer:
beginning projected benefit obligation or the market-related asset value
Explanation:
The balance of the Unrecognized Net Gain or Loss account subject to amortization only if it exceeds 10% of the larger of the beginning balances of the projected benefit obligation or the market-related value of the plan assets.
Amortization is simply the procedure or the process of retiring a debt or recovering a capital investment. This can be done via scheduled, systematic repayment of the principal or a program of periodic contributions to a sinking fund or debt retirement fund.
is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
Answer:
The correct answer is letter "A": True.
Explanation:
The Internal Service Revenue (<em>IRS</em>) offers Volunteer Income Tax Assistance (<em>VITA</em>) for elderly people who do not know how to file taxes on their own. The volunteers follow a series of practices during the interview with the taxpayers to gather their taxable information accurately. The principle of Due Diligence allows volunteers to <em>ask for clarification when the taxpayer information seems unclear or inconsistent</em>. However, if the information is not unusual, there is no need to request proof of it.
Answer: <em>Option (C) is correct.</em>
Explanation:
In the 21st century, business applications have come a long way. It has moved from transaction processing and monitoring to problem analysis, solution applications and other activities. Data monitoring isn't one of these activities. Since data monitoring specifically concentrates on ardently analyzing and evaluating data and also it's quality in order to make sure that it lies within the domain of the purpose.