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scoundrel [369]
3 years ago
8

Select the correct answer.

Business
1 answer:
likoan [24]3 years ago
5 0
False

It’s it’s too good to be true then theirs a catch which makes the deal worse
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An investor found the following in an annual report: "The financial statements, in our opinion, present fairly the financial pos
Flura [38]

Answer:

Report of the Independent Accountants

Explanation:

From the question we are informed about An investor who found the following in an annual report: "The financial statements, in our opinion, present fairly the financial position, operating results, and cash flows, in conformity with accounting principles generally accepted in the United States." The section which the annual report was fond by the investor is Report of the Independent Accountants. Independent Accountant's Report can be regarded as a report that encompass broad spectrum of work that has been carried out through an accountant of an independent firms. And this is usually carried for

charitable as well as commercial organisations in public as well as private sector.

8 0
3 years ago
The tax laws allow taxpayers to use which of the following methods for accounting for research and experimentation costs paid or
Anettt [7]

Answer:

b

Explanation:

Another definition:

It is the purchase price of an asset + the costs of operating the asset

4 0
3 years ago
On December 1, 20x1 Pimlico made sales to a customer in India and recorded Accounts Receivable of 10,000,000 rupees. The custome
Mashcka [7]

Answer:

Total value (5,400)

Explanation:

10,000,000 rupees

option to sale ruppes at $2.30

2.3

The spot rate was 2.80

Option Premium:

10,000,000 / 100 x 0.004 = 400

Stop difference:

(2.80 - 2.30) x 10,000,000 / 100  = 5,000

Total value (5,400)

3 0
3 years ago
Salma bought a new car by getting a loan from a bank. If she fails to pay back the loan, the bank will claim the car. In this sc
Alenkasestr [34]

The answer is collateral.

A valuable object is used as collateral to secure a loan.

Lenders' risk is reduced by collateral.

The lender has the right to sell the collateral if a borrower defaults on the loan in order to recover its losses.

Two examples of collateralized loans are mortgages and auto loans.

You can utilize other personal belongings, like a savings or investment account, to protect a collateralized personal loan.

The sort of loan frequently dictates the kind of collateral.

Your house serves as collateral when you take out a mortgage. If you obtain a car loan, the vehicle will serve as collateral.

Cars but only if they are fully paid off bank savings deposits, investment accounts, and other sorts of collateral are frequently accepted by lenders.

Retirement account collateral is typically not accepted.

Learn more about loans:

brainly.com/question/14997152

#SPJ4

8 0
2 years ago
The form of a business organization that is not affected by the withdrawal or death of an owner and can continue forever is
Marina86 [1]
<span>This is a corporation. Corporations usually consist of boards of directors and other groups of people, and can continue to exist even after the founders of the business cease to exist or otherwise leave their founding role.</span>
8 0
4 years ago
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