Name the device that are to measure volume of a liquid
Answer:
C. salaries expense
D. service revenue
Explanation:
All temporary accounts need to be closed off at the end of the year. Temporary accounts are accounts that both begin and end the period with a $0 balance so that they do not get mixed up with figures from the next period.
Items in the income statement such as revenue and expenses are closed at year end and will form part of the Retained earnings account as they would have been accounted for in the net income.
Salaries expense and service revenue will therefore be closed at the end of the year.
Answer:
EXECUTIVE SUMMARY:
Explanation:
1.There are many factors to consider that the company must bear in mind when sending these managers as expatriates.
In the following executive summary we will analyze what challenges must be faced according to the country where they will be sent.
In the case of France, the work environment is highly formal and follows a hierarchical structure already defined, so they must adapt to their role as manager and comply with the imposed requirements, which in turn is important.
As for the social and cultural sphere, it is important to comply with the punctuality and formality protocols required in each of the events or meetings to be held, in addition to feeling respect and admiration for them.
2.
Regarding Mexico, the work environment is very healthy, and expatriates are highly respected and appreciated, although they must meet all the labor requirements and additional demands regarding extra work.
Answer:
c.GAS Running Company is required to use the equity method for this investment.
Explanation:
a.GAS Running Company is the subsidiary company.
-> wrong, because in this case Gas Running Company own shares of Zoom Shoes Inc., not vice versa
b.Zoom Shoes Inc. is the parent company.
-> wrong, same explanation as above for (a)
c.GAS Running Company is required to use the equity method for this investment.
-> true
Equity method in accounting is the process of treating investments in associate companies... is used in accounting when a company holds approximately 20% to 50% of a company's stock and this is considered to have significant influence.
The holding of Gas Running Company in Zoom Shoes Inc. is 30.4% (=35,000 shares/ 115,000 shares of stock outstanding), is less 50% stakes. That requires Gas Running Company to use Equity method accounting to use the equity method for this investment.
d.GAS Running Company is required to combine the financial statements of Zoom Shoes Inc. and report as a single company.
-> wrong, same explanation as above for (c)
Answer:
<em>The correct option is C) working too many hours</em>
Explanation:
A work permit is necessary for all the employees which are under the age of eighteen. The work permit protects the rights of the underage employees and ensures that they are not given tasks which are difficult. The work permit also grants the underage employees to work for lesser hours and on their flexible times so that their education continues along with their work. Generally, the work permit can be granted by filling a form which might be available on the website of the company or organization.