Allocated to future accounting periods equally over the periods receiving the benefit.
Answer:
D. Access control
Explanation:
Access control implements a security policy that specifies who or what may have access to each specific system resource and the type of access that is permitted in each instance.
A typical example of this is in ERPs where access controls defines what access codes a process owner has and what access a reviewer and an approval has. Where a personnel has access to carry out a transaction, review and approve the transaction, access controls are said to be deficient.
The right answer is D. Access control.
Answer:
C. War
Explanation:
War is the only "man-made" option
She should sell one of the stocks that she's held for over two years because long term gains receive preferential tax treatment
For the point of taxation, short term capital gains are treated as ordinary income , where as long term capital gains have preferential tax rates of 0%,15% or 20%, which depends upon the income level. Also effective tax rates on the long term capital gain is lesser than the short term capital gain.
With the top incomes paying about half the taxes on capital income as earned income, this preferential rate is one of the most expensive in the tax law and is regarded as a tax expenditure.
A capital gain is profit from the sale of an asset, like a business, stock, piece of art, or parcel of land.
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Answer:
Wei company General Journal
Feb 01
Dr Allowance for doubtful accounts $9,200
Cr Accounts receivable—Oakley Co. $2,100
Cr Accounts receivable—Brookes Co. $7,100
June 05
Dr Accounts receivable—Oakley Co. $2,100
Cr Allowance for doubtful accounts $2,100
June 05
Dr Cash $2,100
Cr Accounts receivable—Oakley Co. $2,100
Explanation:
Feb 01
(To record write off accounts receivables)
June 05
(To record reinstatement accounts receivable)
June 05
(To record receipt from accounts receivable)