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hichkok12 [17]
3 years ago
13

True or false: No gain or loss is reported when treasury stock is reissued because GAAP does not consider transactions between a

corporation and its owners to be profit-making activities.
Business
1 answer:
Likurg_2 [28]3 years ago
6 0

Answer:

The statement is:  True.

Explanation:

When a firm purchases its own shares they become part of the company's treasury stock. This usually happens when the organization intends to sell those shares in the future. According to the General Accepted Accounting Principles (<em>GAAP</em>), the transactions between a firm and its owners are not considered as profit-making. Thus, when a company reissues the treasury stock shares no revenues or losses are recorded.

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A 70-year old client wants to invest in U.S. Treasury securities. When performing the suitability determination, the client info
Ann [662]

Answer: client's age

Explanation:

From the question, we are informed that a 70-year old client wants to invest in U.S. Treasury securities and that when performing the suitability determination, the client informs the registered representative that he is looking for after-tax income, liquidity, and to avoid market risk.

The client's age should be the least the registered representative should be concerned about. Rather, the representative should be concerned with the coupon of the recommended treasury securities and the tax bracket of the client for tax purposes.

4 0
3 years ago
Which combination of fiscal policy actions would most likely be offsetting? 
A. Increase taxes and government spending
B. Decrea
Delvig [45]

Answer: Option (A) is correct.

Explanation:

When there is an increase in both the components of aggregate demand i.e. government spending and taxes then this will most likely to offset the fiscal policy actions.

If there is an increase in the taxes, as a result aggregate demand decreases because of lower disposable income. This policy action is known as Contractionary fiscal policy.

Whereas, if there is an increase in the Government spending, as a result aggregate demand increases. This policy action is known as Expansionary fiscal policy.

But this will also largely depend upon the tax multiplier and government spending multiplier.

7 0
3 years ago
1. minimizing wait times 2. managing service capacity 3. improving service delivery 4. establishing channel-wide network coheren
kompoz [17]
I’m not sure about this I’m just tryna get more point sorry
3 0
4 years ago
After focusing for so long on total quality management, Mobley Industries found that while their product defects decreased by 18
Sati [7]
They can begin by implementing an enterprise resource planning system. They may also focus on corporate social responsibility. Implementing a balanced scorecard approach and using activity based costing are also methods that this company can use to bring down their costs.
5 0
4 years ago
Because practical considerations make job tryouts for all candidates infeasible, it is necessary to _____ the relative level of
Fudgin [204]

Correct/Complete Question:

Because practical considerations make job tryouts for all candidates infeasible, it is necessary to _____ the relative level of job performance of each candidate on the basis of available information.

A. assign

B. predict

C. abandon

D. accept

Answer:

B, predict

Explanation:

When a candidate seeks employment at an organization, he/she provides information about him/her self either through a CV or interview.

From the information provided through these documents, is almost enough to determine how well an individual will perform on a job if he/she is given the job. Although it is not always a totally correct means of ascertaining that but it is just enough.

Cheers.

7 0
4 years ago
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