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3 years ago

Classification shifting by managers leads to under-reporting of total expenses and over-statement of bottom-line net income.

Business

1 answer:

Step2247 [10]3 years ago

4 0

Answer: False

Explanation:

Classification shifting is a method used whereby the core earnings are manipulated by misclassifying the items in the income statement.

One way that managers make use of classification shifting is by reporting the operating expenses for the business as nonoperating expenses. This is usually done in order to inflate the operating income.

The statement in the question is false as classification shifting by managers doesn't lead to under-reporting of total expenses and over-statement of bottom-line net income rather it lead to over reporting.

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Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed persons cannot recover paym

guapka [62]

Answer:

If a statute is silent on this point, enforcement depends on whether it is a(n) REGULATORY statute or a revenue-raising statute.

Explanation:

Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.

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4 years ago

Read 2 more answers

Adding or deleting features and functions from an existing product platform is: Group of answer choices A high-end strategy. The

LuckyWell [14K]

b. The optional pricing strategy (O.P.)

More about optional pricing:

When a company uses optional product pricing, it sets a base product at a lower cost and additional, optional products at a higher price to make up for any losses. Optional products are not required for the base product to function, but they typically improve the customer experience.

The two key components of optional product pricing:

A base product is the main draw for the customer or the reason they are purchasing. It meets the needs of the customer and does not require the optional product to function.
A complimentary product(s): A product that a customer who purchased the base product is likely to purchase in order to improve their experience with the base product.

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2 years ago

Whats the best pump to bring drinking water from a depth of 20'

Ulleksa [173]

Answer:

<em>If less than 25’, use a shallow well jet pump</em>

Explanation:

A typical well water system lifts water from an underground well and delivers it to a storage tank where it’s pressurized and stored until it’s needed. Most pumps are electric and use suction to draw the water through pipes.

A motorized jet pump assembly includes the pump that moves the water from the wall and a motor to dive the pump. It’s often paired with a pressure tank, which evens out the water throughout the home.

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3 years ago

The growth of entrepreneurship is being fed by: question 1 options: diminished opportunities in overseas markets for larger corp

Harman [31]

The answer to the question above is the last option: TECHNOLOGICAL ADVANCEMENTS. This is known to be the source of the growth of entrepreneurship. Technological advancements have been increasing with time and this makes the lives of people easier, having different tasks done in a more comfortable manner. Also, with entrepreneurship, technological advancements have improved different styles and ways most especially, with the use of the internet and computer-generated devices. This made buying and selling easier and attainable for both the sellers and the buyers.

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3 years ago

Electronic funds transfers ________. a) are a way of moving cash by paper documents b) do not appear on the bank statement c) in

Elanso [62]

Answer:

The correct answer is c) Include direct deposits and debit card transactions.

Explanation:

Electronic Fund Transfers (EFT) is an electronic transaction that moves money from one account to another. The accounts can be from the same institution of from different ones, and are processed through the Automated Clearing House (ACH). The ACH is a system that connects all the financial institutions in the United States.

EFTs are paper free and do not need human intermediaries to go through with a transaction. These can be done through direct deposits, wire transfers, debit cards, electronic checks, ATMs, personal computer banking and others.

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4 years ago