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Mkey [24]
3 years ago
7

If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this will af

fect the consolidated net income in that year and in all subsequent years". Discuss the accuracy of this statement and support your answer with a numerical example
Business
1 answer:
mojhsa [17]3 years ago
5 0

Answer:

If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this will affect the consolidated net income in that year and in all subsequent years". Discuss the accuracy of this statement and support your answer with a numerical example

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The first of two significant fiscal policy initiatives enacted by the government during the great recession, signed in february
Bezzdna [24]

The first of two significant fiscal policy initiatives enacted by the government during the great recession, signed in February 2008 by President George w. bush was the Economic Stimulus Act of 2008.

During recessions, governments can adopt expansionary fiscal policies by lowering tax rates to boost aggregate demand and boost economic growth. In the face of rising inflation or other signs of economic expansion, governments can pursue contractionary fiscal policies.

Governments can use fiscal policy (increased government spending and tax cuts) to stimulate the economy during recessions. A fiscal multiplier is an estimate of the increase in output caused by a particular increase in government spending or tax cuts.

Learn more about fiscal policy at

brainly.com/question/6583917

#SPJ4

8 0
2 years ago
Which of the following are assumed to remain unchanged along a given short run aggregate supply curve?
sergejj [24]
I had to look for the options and here is my answer:

Given the short run aggregate supply curve, the ones that are believed to stay unchanged along it would be the i<span>nstitutions, such as patent laws and tax systems, that make up the "rules of the game" and the resource prices. (These answers are based on the actual options with this question.)</span>
5 0
3 years ago
Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertiliz
Veseljchak [2.6K]

Answer:

-22.

There will be the decrease in price hence the supply curve shifts to the left.

Explanation:

So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.

The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.

If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.

Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.

The diagram for the supply curve Is given in the attached picture.

5 0
3 years ago
Using multiple cost drivers on a flexible budget report will generally ______. Multiple choice question.
lutik1710 [3]

Using multiple cost drivers on a flexible budget report will generally make the budget accurate and effective.

<h3>What is flexible budget performance report?</h3>

A flexible budget performance report serves as one that make comparison between actual revenues and costs for a period.

There are some method used in estimating this report, but multiple cost drivers is an effective method to get an accurate report.

Learn more about flexible budget performance report at:

brainly.com/question/27201970

5 0
2 years ago
A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in
Evgen [1.6K]

Answer:

The client is in the exhaustion stage of the general adaptation syndrome.

Explanation:

The 3 stages of the General Adaptation Syndrome are Alarm reaction, Resistance and Exhaustion.

The characteristic properties of each of the stage are different: For example

  • The person experiences, either higher rate of stress or adrenaline rush through the body in the 1st stage.
  • The person experiences frustration and anxiety in the second stage which is the Resistance stage.
  • While there is excessive fatigue in the 3rd stage which is exhaustion.

As the client is showing the symptoms of fatigue, thus this is the 3rd stage, i.e. exhaustion stage of GAS.

3 0
4 years ago
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