Answer:
True
Explanation:
When a company as a framework to measure risk against, it can properly assess risk in different periods of time, depending of the risk score obtained within the framework.
This helps regulators because they can access an accurate primary information from the company itself (later on, they should probably compare that information against their own standards in order to prevent bias), and it also helps the company because it can see where it stands in terms of risk, which reduces uncertainty.
Answer:
a. 1.14
Explanation:
The current ratio is a financial measure that shows how many times the current assets of an entity may be used (covers) the current obligations (liabilities) of the entity.
It is given as current assets divided by current liabilities.
Astin Company’s current ratio
= $82530/$72120
= 1.14
This means that the current assets will settle the current liabilities 1.14 times.
Answer:
Labor
Explanation:
Factor of production: There are several resources that are required in the process of production or running any business to meet the required goal of the business.
There are four factor of production:
- Land
- Labor
- Capital.
- Entrepreneurship.
In the given case, Matt Newell is an Entrepreneur as he has started a new helicopter tour company, for which he acquired land and capital from the loan, however, he has not to manage labor for his business. Labor is essential to run any business.
How can I ensure that my coworkers and I are in a safe working environment. If your company has an industrial hygienist and also your safety officer can inspect.
Answer:
The correct answer is letter "A": Job-related expenses are deductions for AGI.
Explanation:
There are several tax benefits self-employed have but, in general, job-related expenses can be deducted from their <em>Adjusted Gross Income</em> (AGI). You can deduct half of your self-employed tax paid in Medicare and Social Security from your income. Essentially, the IRS treats the employer's share of the employment tax as a business expense and allows for an appropriate deduction.
Home office deductions may be complex. The cost of any work base used regularly and exclusively for business can also be the cost of the home office. This includes expenses on utilities, too.
