Answer:
the correct answer is accrual-basis
Explanation:
"according to the accrual-basis method of accounting, revenues are recognized when they are earned"
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Answer:
e. identifiable
Explanation:
Something is identifiable when is easy to recognize, in the excercise given the publishing conglomerate Conde Nast aims to this identifiable segments in order to reach certain customers.
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Answer: C) The implied country risk premium of the foreign government bond is positive.
Explanation:
Given that the effective foreign risk-free rate is 6.336% and the interest on the foreign Govt. bonds is 7.5%, this would mean that the foreign govt. is offering higher on it's bonds than its risk free rate which means there is a premium.
The premium is;
= 7.5% - 6.366%
= 1.134%
This means that the implied country risk premium of the foreign government bond is positive.
Answer:
The correct answer is letter "D": Like money stored in a cookie jar, overstated revenues represent a stash of accounting earnings that can be used to bolster the perceived performance of the company in the future.
Explanation:
The secret reserve is a portion of the assets of a company that the organization <em>overstated </em>or <em>understated</em>. This is usually done when a company wants to make believe its competitors their financial statements are better than what they are. Though, those hidden assets can help a company to improve from an adverse situation if given at a certain period. That is the reason why secret reserves are compared to "<em>cookie jars</em>" where the money is saved as a precaution to face hardship.
