1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sladkaya [172]
3 years ago
14

Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y

ou found and post that summary in the discussion forum. Post the article name in the subject line and do not post on an article that another classmate has already posted. Participate in follow-up discussion by choosing one of the articles that your classmates' posted on and providing additional comments about the findings of that article. Your initial post should be 250-500 words, and should demonstrate solid academic writing skills. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.
Business
1 answer:
Akimi4 [234]3 years ago
3 0

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

  • accounting principle,
  • accounting estimates, or
  • reporting entity.

Citation (reference) is a term used in reasearch to describe a source or a list of sources (published and unpublished) where information or data was consulted and used in the research work.

You might be interested in
Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha
liubo4ka [24]

Answer: Yes

Explanation: In the above case, a quasi-contract was formed. This is when a bilateral contract is not in place but one party will enjoy the benefit of the activities of the other party and may be enriched  by it.  

A bilateral agreement is the exchange of a promise for another and in this case would have been, the promise that Dozier would pay for Paschall’s work. This was not established, however, Dozier will benefit from Paschall’s work unduly if he does not pay for the improvements. The law holds that he has to pay for Paschall’s work to prevent being unjustly enriched.

6 0
3 years ago
Which of the following are amortizable organizational expenditures? Group of answer choices Professional fees to issue the corpo
satela [25.4K]

Answer:

The answers are:

  • Professional fees to issue the corporation’s stock
  • Commissions paid by the corporation to underwriters for stock issue
  • Printing costs to issue the corporation’s stock

Explanation:

Organizational costs are the initial costs incurred when creating a company. They usually include legal and registration fees, promotions, and commissions paid.

After 10/22/2004, organizational cost up to $5,000 can be deducted as an expense. The remaining organizational costs can be amortized over fifteen years.

5 0
3 years ago
3. Definition of economic costs Felix lives in Miami and runs a business that sells boats. In an average year, he receives $851,
Elanso [62]

Answer:

The economic costs are the sum of the explicit costs or monetary costs, and the implicit costs, or opportunity costs.

The explicit or monetary costs that Felix has are:

Payments to manufacturer: $476,000

Wages and utility bills: $281,000

Total monetary costs: $751,000

The implicit or opportunity costs that Felix is incurring are:

Rent he would get for his showroom: $71,000

Salary he would get as an accountant: $34,000

Total opportunity costs: $105,000

Total economic costs: $751,000 + $105,000 = $856,000

6 0
3 years ago
Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $45,000. Budgeted cash receipts total
Morgarella [4.7K]

Answer:

The company needs to borrow $10,000

Explanation:

First, let us state the information given clearly:

Beginning cash balance = $45,000

total cash receipt = $129,000

total cash disbursement = $124,000

desired ending cash balance = $60,000

Next Let us calculate the net cash available after the period's transactions:

Net available cash from transactions = total receipt - total disbursements

= 129,000 - 124,000 = $5,000

Next we were told that the beginning balance = $45,000

This means that without borrowing ;

the net ending cash balance = Net available cash from transactions + beginning cash balance = 5,000 + 45,000 = $50,000

Finally, we are told that the desired ending cash balance = $60,000, and the amount of cash available = $50,000, therefore to meet up the target, the amount that needs to be borrowed is calculated thus:

desired ending cash = available cash + borrowed amount

60,000 = 50,000 + borrowed amount

∴ borrowed amount = 60,000 - 50,000 = $10,000

hence the company needs to borrow $10,000

3 0
3 years ago
iscuss the burden placed on people or organizations contacted as references for job candidates. How do organizations cope with t
mario62 [17]

Answer:In human resource planning, forecasting is an intermediary step

Explanation:

FALSE

The process of human resource planning consists of three stages: forecasting, goal setting and strategic planning, and program implementation and evaluation. The first step in human resource planning is forecasting

3 0
3 years ago
Other questions:
  • Tustin Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 68 Manuf
    7·1 answer
  • Determining the class standing (1st, 2nd, and so on) for the graduating seniors at a high school would involve measurement on a(
    9·1 answer
  • Which type of cable is required by ata/66 and above?
    14·1 answer
  • In the early days of computers, programmers and designers started businesses in their parents’ garages and worked there until th
    10·1 answer
  • Research any three successful entrepreneurs of your choice.
    5·1 answer
  • Match the terms with their descriptions. Customer Inquiry Quotation Customer Purchase Order A. An agreement to purchase the stat
    7·1 answer
  • Sheffield Corp. budgeted costs for 65000 linear feet of block are: Fixed manufacturing costs $24000 per month Variable manufactu
    12·1 answer
  • distributable net income (DNI) for the Sampson estate is $20,000, including $3,000 of tax-exempt interest income. If the executo
    8·1 answer
  • On September 30, 2012, Wildhorse Company issued 9% bonds with a par value of $580,000 due in 20 years. They were issued at 97 an
    12·1 answer
  • when pietro, a new restaurant owner, is determining which products to offer on his menu, he is involved in the management functi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!