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alexandr402 [8]
3 years ago
15

If the management of an entity is close to breaching a debt covenant that requires maintaining a certain current ratio, manageme

nt may have an incentive to ________. overstate either current assets or current liabilities understate either current assets or current liabilities either overstate current assets or understate current liabilities either understate current assets or overstate current liabilities
Business
1 answer:
guapka [62]3 years ago
7 0

Answer: either overstate current assets or understate current liabilities

Explanation:

The Current ratio is calculated by dividing Current Assets by Current Liabilities. This means that when a company has either higher current assets or lower current liabilities, the Current ratio will be higher.

In this case therefore, if management wants to ensure that a current ratio is maintained and does not fall, they might either overstate current assets or understate current liabilities so that the Current ratio is high enough to remain above a certain level.

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Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of t
Vinil7 [7]

Answer:

the utilitarian theory of ethics in business contexts.

Explanation:

According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.  

In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.

6 0
3 years ago
A(n) _______________ strategy is a competitive strategy by which a firm develops unique products or services from those of its c
Galina-37 [17]
That would be an innovation strategy.
6 0
3 years ago
an economy where more money is being collected than is being allocated or spent is known as what type of economic stance
nlexa [21]

It is known as Contractionary.

4 0
3 years ago
Read 2 more answers
Assume that aggregated fact table B is based on the detailed fact table A. Which of the following is FALSE
jeyben [28]

The false statement is E) Table B has more records than Table A

A detailed table is one in which a single record refers to a single fact while in the case of an aggregated table, a single record may refer to more than one fact. In the given case Table B is aggregated table that's why it is not possible that it has more records than table A.

A truth table shops quantitative facts for analysis and is regularly denormalized. A fact desk works with size tables. A reality desk holds the facts to be analyzed, and a measurement table shops facts about the methods in which the statistics in the fact table can be analyzed.

Tables are database items that incorporate all of the records in a database. In tables, records are logically prepared in a row-and-column format much like a spreadsheet. Every row represents a unique record, and every column represents a field inside the report.

Your question is incomplete. Please read below to find the complete question.

Assume that aggregate fact Table B is based on the detailed fact table A. Which of the following is false?

A) a number of dimensions that Table B is connected to are equal to or less than the number of dimensions that Table A is connected to.

B) a number of records in Table B are equal to or less than the number of records in Table A.

C) table B provides an aggregated view of facts in Table A.

D) all dimensions connected to Table B are connected to Table A.

E) table B has more records than Table A.

Learn more about tables here brainly.com/question/12151322

#SPJ4

7 0
2 years ago
On december 31, 2014, extreme fitness has adjusted balances of $940,000 in accounts receivable and $83,000 in allowance for doub
BaLLatris [955]
To record the write-off of receivables:

Allowance for doubtful accounts ----------------------------$24,000
            Accounts Receivable -----------------------------------------------$24,000

To record the accounts receivable collected from the written-off receivable, first restore the accounts receivable with the following entry:

Accounts Receivable ------------------------------------------$1,900
           Allowance for doubtful accounts ------------------------------$1,900

To record the collection of accounts receivable:

Cash -----------------------------------------------------------------$1,900
           Accounts Receivable ----------------------------------------------$1,900

Or, the direct journal entry to record the collection of previously written-off accounts receivable is: 

Cash ---------------------------------------------------------------$1,900
          Allowance for doubtful accounts ------------------------------$1,900
8 0
3 years ago
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