Answer:
1. Reorganization
Explanation:
The reorganization is the position where the firm wants to restructure its business so that the company could able to improve its profitability by making good decisions, proper working in the organization, resource utilization, etc
While at the same time the liquidation is the winding up of the company or shut down of the company due to high losses suffered in the business
Therefore in the given case, since the Hawaiian telecom took an action for better off the balancing sheet by decreasing debt that represents the reorganization example
<h3>Advertising expenditures to introduce a new product line is not a capital expenditure.
</h3>
Explanation:
- Buying a new machinery and associated sales tax is a capital investment.
- Installation of elevators to replace escalators is a capital investment.
- Purchasing a patent is a capital investment.
- Advertising costs will in most cases fall under sales, general, and administrative (SG&A) expenses on a company's income statement.
So, Advertising expenditures to introduce a new product line is not a capital expenditure.
Answer and Explanation:
The journal entry is given below:
Work in process inventory Dr $100,000
To raw material inventory $100,000
(being the usage of the direct material is recorded)
here the work in process is debited as it increased the assets and credited the raw material inventory as it decreased the assets
Equity would decrease (Expenses, Rent Expense in this case, causing Retained Earnings to decrease).
Answer:
D) disagreements over the methods to be applied for task completion.
Explanation:
When there will be dissimilar models that is models with different approach then there will be conflicts in the respective results and that each manager will have different opinion and approach towards the application of models.
As with different models there will be different requirements and different results, accordingly it will only create a dispute in choosing the correct method, and model.
Therefore the correct answer is option D)
