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GarryVolchara [31]
3 years ago
6

Changes in financial reporting methods unquestionably will alter the resulting measures of financial positions reported in finan

cial statements.
a. True
b. False
Business
1 answer:
Dennis_Churaev [7]3 years ago
6 0

Answer:

a

Explanation:

You might be interested in
Which of the following is not always a result of unethical behavior? a. loss of profits b. loss of goodwill c. loss of trust d.
ehidna [41]

Answer:

The correct answer is letter "A": loss of profits.

Explanation:

A company's loss of profits can be caused because of several reasons. Typically is the result of<em> internal factors such as ineffective managerial strategies, unethical executives allocation of resources, inefficient production processes or poor market study and external factors such as suppliers deficit, political events or government regulations. </em>

<em>Thus, unethical events are not the only reason why entities incur losses.</em>

7 0
3 years ago
1.15
EleoNora [17]

Answer:

cash flow statement

Explanation:

because it determines the inflows and outflows of the business

3 0
3 years ago
Increasing the amount of insurance coverage on your vehicle is part of which phase of risk management?
KATRIN_1 [288]

The phase of Identifying risks is when we increase the amount of insurance coverage on one's vehicle.

<h3>What is a Risk Management?</h3>

A Risk Management refers to the identification, analysis and response to risk factors that affects a business, entity etc

Thus, the increasing of the amount of insurance coverage is in the phase of Identifying risks because the its leads to coverage of identified additional risk on the vehicle.

Therefore, the Option D is correct.

Read more about Risk Management

<em>brainly.com/question/13760012</em>

8 0
3 years ago
Assume the following: The standard labor rate per hour is $17.00. The standard labor-hours allowed per unit of finished goods is
andreyandreev [35.5K]

Answer: $17,000

Explanation:

Labour efficiency variance = Standard rate * (Standard hours - Actual hours )

Standard hours:

= Standard labor-hours allowed per unit * Number of units produced in period

= 3 * 15,000

= 45,000 hours

Labor efficiency variance = 17 * (45,000 - 44,000)

= $17,000 Favorable

<em>Favorable because the standard amount is higher than the actual amount. </em>

6 0
3 years ago
Charles Berkeley, Inc. just paid an annual dividend of $3.60 per share on its stock. The dividends are expected to grow at a con
8_murik_8 [283]

Answer:

D. $98.15

Explanation:

Price of stock formula;

Price today(P0) = \frac{D0(1+g)}{r-g}

D0= Current dividend

g = growth rate

r = required return

Price = \frac{3.60(1.045)}{0.11 -0.045}

= 3.762 /0.065

Price = 57.877

Price in 12 years (P12) = P0(1+g)

P12 = 57.877 *1.045^{12}

P12 =$98.152

Therefore, price of stock in 12 years will be $98.15

5 0
4 years ago
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