Answer:
true
Explanation:
the cost of the truck should include:
truck sales price $35,000
sales taxes $2,000
company's logo $1,200
<u>safety testing $220</u>
total $38,420
*not included: truck driver's license
Thee original cost of an asset must include its purchase price minus any discounts, and all the elements needed to put the asset into use. In this case, the truck's cost must include all taxes paid, painting of the company's logo and safety testing. It should not include the cost of a truck driver's license because the driver is not part of the truck.
i would say loans from the bank, support from friends, stock markets, investments...
and then after you invested 8 million, your company might start to gain value, which would mean higher numbers at the stock markets and more expensive stocks. :)
hope i helped! this is just my personal opinion...
This assertion is true. In addition, the SEC has the remaining accountability to make certain that the FASB deals with troubles referred to it by the SEC.
The cooperative effort between the public and personal sectors has given the United States the first-rate economic reporting gadget in the world, and the Commission is intent on making it even better.
<h3 /><h3>Who does the SEC document to?</h3>
19 The SEC is guilty to Congress as it operates beneath the authority of federal legal guidelines inclusive of the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley Act), amongst others.
Learn more about SEC here:
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