1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
TEA [102]
3 years ago
6

A contingency reserve is money assigned to the project and allocated for identified risks for which contingent responses are dev

eloped.
a. True.
b. False.
Business
1 answer:
Rudik [331]3 years ago
3 0

Answer:

The correct answer is letter "A": True.

Explanation:

Contingency reserves are funds that companies save to face economic hardships. In some cases, those negative situations can be expected while in some other cases they cannot -such as acts of God. Contingency plans come along with the contingency reserve to have an idea of what the company is going to do with the funds.

You might be interested in
Garten Inc. is a publishing company. It has a very diverse workforce. When interns and new employees join the company, they are
lawyer [7]

Answer:

B) diversity pairing

Explanation:

When people of different cultural backgrounds, sexes, races, are paired for mentoring, it is known as diversity pairing.

7 0
3 years ago
A ______ is a piece of real estate owned by multiple, unrelated individuals who, in addition to their ownership rights, each hol
finlep [7]

Answer:

Time-Share Estate

Explanation:

Definition:

A time-share estate is an illustration of a concept also known as fractional ownership. It is a structure that allows individuals to purchase the right of occupancy of a unit of real estate for a specific period.

Of course, a good example of why buyers will choose this type of real estate purchase is to get the use of a unit of housing that is not always in use all year round. For instance, time-sharing is popular with resorts, vacation homes and even with recreational vehicles.

It is important to know also that the time-sharing industry is mostly available within the United States and it is a multi-billion dollar industry, meaning the time-sharing concept is popular in the United States.

Different Types

Fixed Weeks or Floating Weeks Option - as the names suggest, owners are either allowed to pre-determine the specific period of the year and the number of weeks to make use of the estate or choose the floating weeks which leaves the occupant the choice to choose weeks within a given period say January-March, September-November etc.

6 0
3 years ago
Peninsula Company reported net income of $290,000 for the year. During the year, accounts receivable increased by $21,000, accou
guajiro [1.7K]

Answer:

$305,000

Explanation:

Given that,

Net income for the year = $290,000

Increase in accounts receivable = $21,000

Decrease in accounts payable = $9,000

Depreciation Expense = $45,000

Net cash provided by operating activities:

= Net Income of current year - Decrease in Accounts Payable + Depreciation Expense - Increase in Accounts Receivable

= $290,000 - $9,000 + $45,000 - $21,000

= $305,000

4 0
3 years ago
Which of the following is considered a constructive delivery of a gift?
Hoochie [10]

Answer:

A) giving the key to a safe-deposit box where the gift is kept

Explanation:

  • A Constructive delivery possession is that acquisition when here a symbolic transfer of property. The constructive distribution of the possession is basically a right that the property is not actually managed
  • But the donor has done something to convey the possession, but the property is of such a nature that physical possession is then not possible, the creative possession of the property is sufficient to carry out the act of gift.
7 0
3 years ago
Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following:
joja [24]

Answer & Explanation:

Account                 Type of Account         Increase side  

Supplies                     Asset                        Debit

Retained Earnings    Capital                      Credit

Fees Earned             Revenue                    Credit

Accounts Payable     Liability                      Credit

Salary                          Expense                   Debit

Common Stock           Asset                        Debit

Account Receivable     Asset                        Debit

Equipment                    Asset                       Debit

Notes Payable              Liability                    Credit  

8 0
3 years ago
Other questions:
  • Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
    13·1 answer
  • "Which of the following statements are TRUE regarding the rights agent? I The rights agent usually handles the mechanics of a ri
    12·1 answer
  • Four years ago, on January 1, California Creamery bought a new delivery truck for $30,000. The company planned to use the truck
    5·1 answer
  • Garret is an undergraduate looking for a job to pay for college. As Garret seeks employment, he is glad to know that he will be
    15·1 answer
  • 98 points! Please answer 1 sentence or more for each question
    12·2 answers
  • In the​ video, Walmart's creation of small retail stores that offer the convenience customers​ can't find in​ Walmart's larger s
    13·1 answer
  • An investment advisor has a client base composed of high net worth individuals. In her personal portfolio, the advisor has an in
    5·1 answer
  • Which of the following is the most profitable investment for a candy shop that earns $1 profit per pound of candy? (5 points) Gr
    9·1 answer
  • A company is considering two mutually exclusive projects. The firm has a 12% cost of capital , has estimated the cash flows as b
    13·1 answer
  • Organizational purpose serves as the basis for an organization's ______. (select all that apply)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!