Answer:
A
Explanation:
For an accounting manual, if your audience has different background of education then you need to keep different section for different audience. The thing is, if you write it for highest level then bookkeepers will have difficulty in understanding it. If you write for lower level, then it will be useless for higher level of audience.
So the manual should include different section for different audience.
Answer:
$22,450
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance
Beginning bal. of Allowance for Doubtful Accounts ($21,600)
- Uncollectible Accounts Receivable written off <u>$32,700</u>
Adjustment of Allowance for Doubtful Accounts <u>$11,100 </u>
Accounts receivable balance at December 31 $11,350
+ Adjustment of Allowance for Doubtful Accounts $11,100 Adjustment to Allowance for Doubtful Accounts $22,450
at December 31, 2022
Because of the employing party's lack of control over the individual, Independent contractor is not classified as an employee.
<h3>Who is an Independent contractor?</h3>
An independent contractor is an self-employed person or an organization contracted to perform work or provide services to another organization as a non-employee. As a result, independent contractors pay their own Social Security and Medicare taxes.
In addition, legal entities using the services of an independent contractor are not required to provide them with employee benefits, such as employer-sponsored health insurance and retirement accounts, that the legal entity may otherwise provide to its employees. Payers must correctly classify each payee as an independent contractor or employee. Another term for an independent contractor is "freelancer."
To learn more about Independent contractor from given link
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Answer:
a. submitted to the next higher managerial level.
Explanation:
IMA states the following standards of conduct in management accounting: competence, confidentiality, integrity and credibility.... Confidentiality entails accountants to divulge information only at the behest of their supervisor. Integrity forbids managers to engage in unethical behavior. Once an issue can't be resolved the standard procedure is to move a step up the ladder for further assistance.
Answer:
A master limited partnership
Explanation:
A master limited partnership are a business venture that exists in the form of a publicly traded limited partnership in the sense that they combine the tax benefits of a private partnership (profits are taxed only when investors receive distributions) with the liquidity of a publicly-traded company.
MLP are traded publicly on the exchange market.
Hence the best answer that explains the question is Master Limited Partnership (MLP)