Answer:
d. Disclosed because of their usefulness to financial statements.
Explanation:
A <em>liability</em> is a present obligation (Legal or Constructive) of an Entity that arises as a result of a past event and the settlement of which will result from an out flow of cash from the entity.
One class of Liability that relate to the case is a <em>Provision</em>.A provision is a liability whose amount can be determined with certainty.
A liability whose amount can not be determined with certainty is known as a <em>Contingent liability</em>.A contingent liability is not presented in the financial statements but is only disclosed in the Financial Statements.
Answer:
Hmm.
Explanation:
- Why should you memorize your social security number rather than carry your social security card in your wallet?
One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.
- Explain why you will need to provide your social security number to employers.
You will need to provide your social security number to employers because they need to make sure that you are you.
<em>'Why do employers need my social security number? If an employer decides to extend you an offer, they will eventually need your social security number to verify your identity and work authorization and perhaps to complete a background check. However, they don't need it in the initial hiring phase.'</em>
Answer:
matrix organizational structure
Explanation:
When a company works under a matrix organizational structure, specialists from different parts of the organization are brought together on a temporary basis to work on specific projects. It is common for employees to report to both a functional manager (traditional manager) and a product manager (project manager).
Answer:
amount of net sales = $1370,000
so correct option is b. $1,370,000
Explanation:
given data
Increase in Accounts Receivable = $370,000
Cash Received = $1 million
to find out
amount of net sales
solution
we get here amount of net sales that is express as
amount of net sales = Cash Received + Increase in Accounts Receivable .............1
put here value we get
amount of net sales = $1000000 + $370,000
amount of net sales = $1370,000
so correct option is b. $1,370,000
Answer:
Jacobsen Corporation
Income from continuing operations of $621,000 will be reported.
Explanation:
The income from continuing operations is the same thing as the operating income. It is the pre-tax income that is reported on Jacobsen Corporation's income statement for the year ended December 31, 2016. The tax rate of 30% is applied on this figure to obtain the income tax expense for the year. But, for Jacobsen that has other unusual items, these are taken into consideration before the income tax is imputed to obtain the after-tax income.
