Answer:
options-based planning
Explanation:
Options-based planning is defined as one that focuses on what could go wrong in a given business venture. Resources are now used to mitigate the projected issues that can arise.
In the give scenario Plastbolt is trying to invest in two smaller plastic manufacturing companies and buy the one that it finds yields better returns.
So they have an option of going ahead with the venture that has better returns.
Answer:
The statement of stockholders’ equity for the month ended October 31 is $18,450,000.
Explanation:
Noric Cruises Inc.
Statement of stockholders’ equity for the month ended October 31
Common stock Paid-In Capital Retained Earnings
Opening balance $150,000 $3,225,000 $12,400,000
Addition 800,000 - -
Net income - - $2,350,000
Cash dividends - - (475,000)
Balance at Oct 31 $950,000 $3,225,000 $14,275,000
Answer:
Yes, because the stock is a direct financial interest.
Explanation:
The principals of the AICPA Code of Professional Conduct contains the responsibilities which are to exercise sensitive professional and moral judgment, in terms of the Public Interest to always honor the public trust and perform responsibilities with the highest sense of integrity.
The 3 Parts of the AICPA code of conduct. This includes:
(1) Members in public practice
(2) Members in business
(3) Other members
In accounting, code of conduct is important as it makes individuals to accept a high degree of responsibility toward the public.
Thd independence of a covered member is impaired when:
A. The covered member has a direct financial interest in a client
B. The covered member has a material indirect financial interest in the client
Direct Financial Interest
This is simply known as the ownership interests that is directly held in a client. An example is stock ownership, even if owned in a blind trust etc.
Wanda has a new idea for a book, which she won't have time to start writing until next year. If she decides to discuss her idea with a film producer she knows, Wanda may protect it by means of <u>a Nondisclosure agreement.</u>
A Non-disclosure agreement (NDA) is a legal contract or part of a contract among at the least events that outlines private cloth, know-how, or facts that the events desire to proportion with each other for certain functions, but want to restriction get right of entry to to.
Doctor-patient confidentiality (medical doctor-patient privilege), attorney-customer privilege, priest-penitent privilege, and bank–patron confidentiality agreements are examples of NDAs, which can be often now not enshrined in a written agreement among the events.
It is a contract through which the parties agree now not to disclose any data covered with the aid of the agreement. An NDA creates an exclusive relationship between the events, generally to protect any sort of confidential and proprietary information or exchange secrets.
Learn more about Non-disclosure agreements here: brainly.com/question/19451955
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Answer:
The journal entry to record the purchase on August 7 is:
Debit Merchandise $9,750
Credit Accounts Payable $9,750
Explanation:
The terms of 1/10, n/30 means 1% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $9,750 of merchandise on August 7, returned $1,500 worth of merchandise on August 11, paid the full amount due on August 16 and received the discount. Juniper Company uses the gross method of accounting for purchases. Following accrual accounting method, the journal entry to record the purchase on August 7 is:
Debit Merchandise $9,750
Credit Accounts Payable $9,750