Answer: Interest on a Note Payable is most appropriately accrued: "B. as of the end of each accounting period during which the note is a liability.".
Explanation: As long as the Note Payable remains a liability and has not yet reached its due date, according to the accrual principle, at the end of each accounting period the accrued interest must be recognized, and when the Note payable reaches its expiration it must remain with balance 0 the interest not accrued account.
Answer:
Need not make any special disclosure
Explanation:
The reason is that it is not a parent-subsidiary transaction which means if the group as a whole trade with each other then they must add a special disclosure in the financial statement otherwise it must be neglected. The company must not specially disclose small borrowings from the lenders when it is presenting that figure in the financial statement borrowing figures. If the transaction is between the group or the borrowings are prominent it must be disclosed separately in the note to financial statement.
Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the technological dimension. Therefore, the option C holds true.
<h3>What is the significance of technological dimension?</h3>
A technological dimension can be referred to or considered as the dimension that is driven heavily and dependent completely upon the forces of technological developments. It is an external factor for the changes in business organizations, or the industries at large.
Therefore, the option C holds true and states regarding the significance of technological dimension.
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Shipments of compact digital cameras dropped by 42% due to the industry being unable to adjust to changes in the
a. legal-political dimension b. economic dimension O c technological dimension O d. natural dimension
Since the research team need to answer a few specific questions before proceeding, the most appropriate research method would be an interview.
<h3>What is a research?</h3>
A research is also referred to a study and it can be defined as an investigation which typically involves the process of gathering (collecting) necessary information about a particular thing of interest, in order to reach a logical conclusion with results.
<h3>What is a research method?</h3>
In Science, a research method can be defined as the ways or techniques that are adopted by a researcher for the collection and analysis of data.
<h3>The types of
research method.</h3>
Basically, there are different types of research method used for the collection of data and these include the following:
- Observation
- Secondary data analysis.
- Surveys.
- Focus groups.
- Mixed methods
- Experiments.
- Interviews.
In conclusion, the most appropriate research method would be an interview because the research team need to answer a few specific questions before proceeding.
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Answer:
units completed and ending work in process.
Explanation:
Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.
Basically, when manufacturing overhead costs of a business firm or company are applied to the cost of production in a process costing system, they are debited to the Work-in-Process inventory account.
In the manufacturing process, partially or partly completed goods that are still in the process of being converted into a finish product are defined as work-in-process inventories.
Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.
The equivalent-unit calculations is done by multiplying the number of partially completed physical goods by the percentage of completion.
Hence, equivalent-unit calculations are necessary to allocate manufacturing costs between units completed and ending work in process.