Because it proved legal aids it would be service
Answer and Explanation:
The computation is shown below;
But before reaching to the final answers, first do the following calculations
Cash collected $108000
Add Services performed in 2017(not collected) $36000
less Services performed in 2016(collected in 2017) $25000
Revenue for 2017 $119,000
Cash paid in 2017 $72,000
Add Expense incurred not yet paid for 2017 $42000
Less Expense paid for 2016 -$30000
Expense for 2016 $84000
Now
a. Cash basis
Revenue $108000
Less Expenses -$72,000
Net income $36000
b. Accrual basis
Revenue for 2017 $119,000
Less Expenses for 2017 $84,000
Net income $35,000
Answer:
The orrect option is A "I and III only"
Explanation:
<u>Statement (I)</u> is true as a result of to work out the speed of come is commensurate with the risks concerned as it doesn’t create any intellect to stay the Funds in portfolio.
<u>Statement (III) </u>is true as a result of it is sensible to isolate funds they need undesirable returns or an excessive amount of association with alternative investments
Answer:
Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims