Answer: All of the above
Explanation:
The options include:
a. It's available 24 hours a day, 7 days a week.
b. All reports are handled in a highly confidential manner.
c. You do not have to identify yourself on the call.
d. All of the above.
An ethics line refers to the anonymous on-line system which can be used by an employee to report bad behavior or something unethical or illegal.
Ethics line are typically available 24 hours a day, 7 days a week and reports made are confidential. Therefore, the correct option is "All of the above".
Answer: (C) Revenue recognition principle
Explanation:
The revenue recognition is one of the type of principle that help[s in understanding the various types of accounts based guidelines that helps in identifying the particular condition in which the revenue is basically recognize.
The importance of third principle is that it helps in ensure the actual loss or the profit Margin that maintains the financial credibility.
According to the given question, the revenue recognition principle basically accepting the various types of accounting principle that helps in satisfying the performance obligations.
Therefore, Option (C) is correct answer.
Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered
Solution:
Activity-based costing (ABC) is an aggregate and indirect costs accounting tool for related products. This costing approach considers the relation between the prices, labour operations as well as the manufactured goods, and attributes administrative costs less randomly to products than conventional costing approaches.
Nevertheless, a company can not be allocated for indirect costs such as marketing and employee salaries.
So, activity rate for the setup activity cost pool = 10,000 / 500
= $200.00
