Answer:
D
Explanation:
The term is asset restoration cost,it implies the cost of ensuring the environment where the exploration does is harmless to the residents of the area.
It is normally part of the asset costs from day one.It is expected to be discounted to present value and the discounting factor is applied to the present value each to determine the increase in asset which is added to asset value,in other words by the end of useful life,the asset would have its restoration cost required to restore the site.
Answer:
D) Escalation of Commitment
Explanation:
Based on the information provided within the question it seems that Edgar is displaying a behavioral pattern known as Escalation of Commitment. This refers to displaying a positive behavior and continuing a strict and confident set of actions regardless of continuously facing negative outcomes. Which is what Edgar keeps displaying despite seeing little to no improvement in his employees.
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Answer:
Convenience sample
Explanation:
A convenience sample in a research study is made up of people who can be reached easily and are conveniently available to participate. Convenient sampling is a type of non-probability sampling, which means that not everyone in a population had a chance to be sampled. In this research, the real population was the people that went to that specific mall and not the entire city's population. The advantage of convenience sampling is basically its low cost.
Answer:
the amount of expenses incurred during the period
Explanation:
Retained earnings are a part of a company's income that has not been distributed to shareholders as dividends. When management opts not to distribute all of the company's earnings as dividends, the portion not shared out is the retained earnings.
The retained earnings statement shows the accumulated amount of retained earnings up to the current period. It indicates the total earnings, the dividend paid out, and the retained earnings for the current financial year. The retained earnings statement does not feature expenses. Expenses are accounted for in the income statement that shows profits or loss for the period
Answer:
The correct transition date which Icon international will show is B) January 1, 2015.
Explanation:
Icon international which was incorporated on January 1, 2013, wants to convert to IFRS( International financial reporting standards ) , which provides a similar international language for business affairs, which would help making company accounts comparable and understandable across the global boundaries.
The correct transition date would be the year starting date ( 1 January ) , as the year in which company starts adopting to IFRS standards and making IFRS statements , so here the January 1, 2015 would be the correct transition date.