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Liula [17]
3 years ago
8

Brecken wishes to certify financial statements that materially depart from GAAP. She believes that it is necessary to do so in o

rder to prevent the statements from being misleading in light of a new federal statute, which GAAP has not been amended to accommodate. In order to implement this departure, Brecken should do which of the following:
A. Describe the departure from GAAP.
B. Describe the departure's approximate effects.
C. State the reasons why compliance with GAAP would mislead.
D. All three choices provided.
Business
1 answer:
Rama09 [41]3 years ago
7 0

Answer: D. All three choices provided.

Explanation:

Based on the information given in the question, in order to implement this departure, Brecken should:

• Describe the departure from GAAP.

• Describe the departure's approximate effects.

• State the reasons why compliance with GAAP would mislead.

Therefore, all the choices are correct.

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When the Fed buys bonds the supply of money decreases and so aggregate demand shifts left. the supply of money decreases and so
stealth61 [152]

Answer: The supply of money increases and so aggregate demand shifts right.

Explanation: When the Federal Government buy Bond they help to increase the amount of money available for the Banks to loan to Business entities, Organisations and individuals.

The Aggregate Demand will Shift to the right, signaling the Increase in the rate of Demand as a result of the Increase in the volume of Money in circulation within the Economy. Once consumers have money to spend or invest they will cause the Demand for goods and services to increase.

4 0
3 years ago
Which of these should you consider while communicating in a diverse workplace?
Rudiy27
I would consider demographics, education level, and methods of communication
3 0
3 years ago
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Which rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insura
ELEN [110]

Replacement rule would apply if an agent knows an applicant is going to cash in an old policy and use the funds to purchase new insurance.

Insurance refers to a type of risk management in which the insurer provides the insured with protection from risks of all kinds - financial, health, accidental, etc.

The insured is also called the policyholder, and he makes a payment called premium to be insured. If the specified event for which the insurance cover is provided takes place, the insurer is bound to compensate the insured financially.

A replacement rule delineates the process in which the premium payments on existing policy is discontinued or forfeited, and a new policy is purchased.

To learn more about the replacement rule: brainly.com/question/27922977

#SPJ4

5 0
2 years ago
When effective communication affected your success at work
artcher [175]

Answer:

Being able to communicate at school and in the workplace may mean the difference between success and failure. With your peers, communication helps you to engage and find common ground, allowing you to build friendships that not only last a lifetime, but may lead to future employment opportunities.

Explanation:

8 0
3 years ago
Coronado Company had the following department information for the month: Total materials costs $55000 Equivalent units of materi
aniked [119]

Answer:

10.9 per unit

Explanation:

Total manufacturing cost per unit= Material cost per unit + Conversion cost per unit

Material Cost per Unit= Total materials cos / Equivalent units of materials

Material cost per unit = 55000 / 10000 = 5.5

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs

Conversion cost per unit = 81,000 / 15000 = 5.4

Hence, Total manufacturing cost per unit = 5.5 +5.4 = 10.9 per unit

7 0
3 years ago
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