Answer:
The Interest should be posted as an Income as Other Income in the Income Statement.
Explanation:
Interest income is the amount received by an entity from another usually a Bank for the use of its funds.
The recognition of Interest Income will be determined by the type of business of the entity. For income to be identified as under Business Operation income, it means it must be a huge source of revenue or part of its daily operations. A healthcare business is not in the business of loaning funds neither does it earns it major revenue from Bank deposits.
Answer:
Job analysis
Explanation:
Many organizations carry out what is called job analysis. It entails spelling out the job functions, skills, experience and knowledge required to perform the job. It is important to analyze the skills required to perform a job because such would afford an organization to have directions in terms of matching skills with work.
Also, organizations analyze jobs to confirm that it is line with the company's current goals and objectives instead of a job that does not go in line with a company's current structure.
Answer:
Examining relationships with related parties will show whether there are unusual transactions that significantly improve the company's reported financial performance
Explanation:
Examining related parties, will help to find out if due processes and set standards were followed and applied in company transactions, as the <em>'significantly improved reported financial performance'</em>, may not reveal the true financial performance of the company.
Answer:
Splitting water into hydrogen and oxygen
Explanation:
I think this is in the wrong category?
Answer:
Don't know the answer but gl
Explanation:
just neeed to use the app for answer hope you have a good day ;]