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sertanlavr [38]
3 years ago
6

Changing the method of inventory valuation should be reported in the financial statements under what qualitative characteristic

of accounting information
Business
1 answer:
SashulF [63]3 years ago
4 0

Answer:

These are the answer choices for the question:

a. Consistency

b. Verifiability

c. Timeliness

d. Comparability

And this is the correct answer choice:

a. Consistency

Explanation:

Consistency is the qualitative characteristic of accounting information that allows an investor, a stockholder, or a government official, to look at accounting data and establish that the quantities presented are all obtained in a consisten manner depending on the type of account.

This means that if cash is resported in dollars, all cash and cash equivalents are reported in dollars, and that if inventory is reported under a specific system, if that system is changed at any point in the future, stakeholders are informed.

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What is utility in business and marketing
svp [43]

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Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.

3 0
3 years ago
Seller Jim tells his agent Brenda that he does not want his home marketed to families with children. Brenda refuses. Which state
valentina_108 [34]

People are often entitle to their behavior or actions. The statement  that is true is that Brenda has not violated any fiduciary duty.

  • A fiduciary duty is known to be when a person did accept some measures of responsibility to act in place in the best interests of another person or entity.

A breach of fiduciary duty takes place only when a principal did not carry out the responsibly given to them and for that they may pay some penalty.

For Brenda case, she has not accepted to carry out the duty on behalf of Jim and as such She is not to be held for breach of  fiduciary duty.

See full question

Seller Jim tells his agent Brenda that he does not want his home marketed to families with children. Brenda refuses. Which statement is true?

Brenda must follow all of Jim’s instructions.

Brenda has violated the fiduciary duty of obedience to Jim.

Brenda could be liable for a breach of the listing contract terms.

Brenda has not violated any fiduciary duty.

Learn more about Violations from

brainly.com/question/14995701

7 0
3 years ago
Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $20,000 in Ma
Svet_ta [14]

Answer:

$30,000

Explanation:

Download xlsx
5 0
4 years ago
Read 2 more answers
At every point on a demand curve, the height of the demand curve indicates: A. the minimum price the consumer is willing to pay
Law Incorporation [45]

Answer:D

Explanation:

5 0
3 years ago
Cory is working on a global marketing assessment team looking out well into the future to help determine the most attractive mar
grin007 [14]

Answer:

The correct answer is letter "A": countries with high purchasing power today may not continue to show the same growth in the future.

Explanation:

Even if during the past decade the world's major economies have been the same -<em>The U.S., Japan, China, Russia, and Germany</em>- it does not necessarily mean the scenario will not change for the next one hundred years. Some other countries like Saudi Arabia, Switzerland, Belize, Luxembourg, and Australia have started to show signs of increasing development that could turn the worldwide economy into a new direction. The last five (5) countries are reported as being the top nations with the highest purchasing power for 2018.

7 0
3 years ago
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