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balu736 [363]
3 years ago
6

US GAAP and IFRS differ on treatment of impairment of tangible assets as follows:

Business
1 answer:
erik [133]3 years ago
7 0

Answer:

A. IFRS, tangible assets are tested only when factors suggest impairment.

Explanation:

The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc

In addition to this, the intangible assets such as goodwill would be testes on annually basis

Therefore the first option is correct

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The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investm
DaniilM [7]

Answer:

The answer is C)$3,237

Explanation:

GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

GDP C+ I + G + (X_M)

GDP= 2460 + 320 + 470 + (22-35) = 3237

4 0
3 years ago
Please help!
mina [271]

Answer:

B C and D

Explanation:

I just took it on edg and the guy above me has the wrong answer.

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5 0
2 years ago
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g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this inf
marysya [2.9K]

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

6 0
3 years ago
In an organization with compensation that has ______ outcome interdependence, a(n) ______ portion of the employee's pay depends
bearhunter [10]

In an organization with compensation that has <u>hybrid outcome interdependence</u>, a <u>given </u>portion of the employee's pay depends on the team's output and performance.

Hybrid outcome interdependence refers to the terms of employment in which a team’s output and performance determines a specified portion of the members’ salary. So, if their performance fails to meet given targets or standards, members will end up getting lower pay.

On the other hand, there are incentive structures linked to such arrangements, so that overachieving the targets would lead to members receiving a bonus.

Hybrid outcome interdependence is a key corporate strategy to ensure employees put in their best effort, as incentive and disincentive structures are built into the pay structure.

To learn more about hybrid outcome interdependence: brainly.com/question/28195254

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3 0
1 year ago
Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform
grin007 [14]

Answer:

a.The simple ranking method.

Explanation:

From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.

4 0
3 years ago
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