Answer:
The correct answer is False. This statement corresponds to Supply chain effectiveness.
Explanation:
Efficiency in the supply chain is understood as the sum of three main factors: ensuring that the product arrives in the quality conditions required by the customer; at the agreed time (timely); and at a fair and reasonable cost. But success in this triad is as much the result of a series of internal processes as of external conditions to the organization.
Answer: a. . Both discount on note receivable and deferred charge.
Explanation:
To correctly account for this transaction both the discount and the deferred charge should be recorded.
The note is a non-interest bearing note which means that profit will only be made on it if it was bought on a discount with the full amount due for refund at maturity. To correctly account for this then the discount rate must be recorded to ensure that the discount is recognized.
Jole Co. also made a commitment to purchase a fixed amount of goods at 10% which means that there is now a purchase commitment which has to be recognized in the books so they must record that deferred charge as well.
Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for herself. She knows the seller is unaware of the value of the property and is relying on her to make the best decision. She knows if she markets it aggressively, she can get several thousand dollars more for the property than the seller is asking. Tina talks to her son and asks him to buy the property in his name, with her funds, and to transfer the property to her after the transaction is completed. She contacts her client and tells him she has a buyer ready who is offering to purchase the property for a thousand dollars over the listing price. The seller agrees to the sale unaware of the other issues involved-<u>The statement that best describes Tina's action is -Tina has knowingly engaged in a conflict of interest.</u>
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Explanation:
A conflict of interest refers to a situation in which the the individual is benefiting personally from her position and is not thinking about the interest of the other party involved.
In the above question Tina who is a real estate agent is taking advantage of her position to gain personal benefit by buying the property of her client through her son and the party involve is unaware of the intention of tina
<u>So it is appropriate to say that Tina has knowingly engaged in a conflict of interest.</u>
Answer:
Hyoid bone
Explanation:
The hyoid is anchored by muscles from the anterior, posterior and inferior directions, and aids in tongue movement and swallowing.
Answer:
$4,000 is treated as a capital gain and then reduced by the un-offset net losses in 2016 ($300) and 2017 ($100) to arrive at net capital gain of $3,600 ($4,000 - 300 - 100). $0 of the amount is treated as an ordinary income.
Explanation:
Section 1231 gain arises when an asset (real property or depreciable business property) is sold for more than its current tax basis. The gain is regarded as a capital gain and taxed at the lower capital gain rates and not as ordinary income.
Section 1231 property are assets used in trade or business and held by the Taxpayer for more than one year. A gain on the sale of Section 1231 business property is treated as a long-term capital gain.
