Answer: permitted since it is true
Explanation:
From the question, we are informed that an investment adviser has 3 managing partners and 3 investment adviser representatives and that all of the partners have completed the Certified Financial Planner program and received the designation.
We are further told that the 3 IARs have been enrolled in a CFP preparation course and are scheduled to take the next CFP exam. The IA publishes an advertisement that states: "All of our partners are Certified Financial Planners."
This advertisement is allowed because the advertisement is true. Since, we are already given the information that the 3 partners of the firm have done their Certified Financial Programs, therefore, the statement is true and not a misleading one.
Answer:
- Tax Examiner
-
Equal Opportunity Representative
Explanation:
Usually tax examiners perform tasks like: reviewing tax returns, contacting taxpayers, verify data through audits, evaluation financial information, notifying taxpayers about overpayments or underpayments.
Equal opportunity representative main role is to monitor and evaluate compliance with equal opportunity laws, which means that they must investigate employment practices or alleged violations of the Equal Opportunity Act and other laws and regulations that prohibit work discrimination.
In accounting, the invoice 2/10, n/30 means that the customers has to pay $500 within 30 days. If he can pay earlier, say within 10 days from the date of purchase, a cash discount of 2% is given. If the customer pays on the 9th day, he would only have to pay
500(100% - 2%) = $490
Answer:
b. Decrease in net income; no effect on cash flow from operating activities
Explanation:
The adjusting entry is shown below:
Salaries expense A/c Dr $4,500
To Salary payable A/c Dr $4,500
(Being the accrued salary is recorded)
As we can see that the salaries expense is an expense account due to which the net income got decreased plus the salary payable has come under current liabilities of the balance sheet so there is no impact on the cash flow from operating activities
It should be noted that , base on the description in Learning from Mistakes, the failure of the A380 to reach its sales goals was due to Changes in customer demands.
This is because, if a manufacturer fail to know customer demand, then he is aiming for loss.
<h3>What is customer demand?</h3>
customer demand can be regarded as the quantity of a good which is been purchased by customer willingly at various prices.
Learn more about customer demand at;
brainly.com/question/25220385
