I believe the answer is Consumption
It’s possible to travel without one, but it will only increase the likelihood of unorganisation, procrastination and no plans of what to do
Answer:
agreed
Explanation:
In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.
The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.
Answer:
Right of Use Asset - Computer $117,761 (debit)
Lease Liability$117,761 (credit)
Explanation:
The Lease period is more than 12 months, thus this type of lease is called <em>finance lease</em>.
Lorraine, Inc must recognise the <em>Right of Use of the Computer</em> and the <em>Lease Liability </em>at the inception of the lease.
The lease liability is measured at the <em>Present Value of lease payments</em> of $117,761. Right of Use Asset is measured at the <em>Fair Value of Lease Liability</em> of $117,761.
