Answer:
The answer is it must be highly possible to be sold.
Explanation:
For a non current asset to be classified as held-for-sale, the following must be satisfied:
1. The asset must be available for immediate sale in its present state(condition) and location.
2. The asset's sale is expected to be completed within a year(12 months) as 'held for sale'
3. The sale of the asset must be highly probable(through management's commitment to the sale of the asset and the existence of active marketing for the asset)
Answer:
e. Adjusted trial balance.
Explanation:
Adjusted trial balance -
It refers to the method of listing the account details of the company which are made after adjustment made after the year's end , is referred to as adjusted trial balance .
It is the fifth step in the accounting cycle , just before the production of the financial statements.
Hence , from the given statement of the question ,
The correct answer is e. Adjusted trial balance .
The statement which does not accurately describe the lower of cost or net realizable value valuation method for inventory is:
- <u>C. The journal entry to write down inventory does not affect pretax income</u>
Inventory has to do with the accurate listings of the goods which a business has in stock for purposes of selling. This is important because it helps to prevent theft and also to properly calculate profit and loss.
As a result of this, we can see that the lower of cost method for making inventory is a type of inventory which states that a business must have records of goods which cost lower than their current market pricing and this is used when there is a reduction in market prices
Therefore, the correct answer is option C because the journal entry does not show the pretax earnings.
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Answer:
c. the estimated sample regression function explains a greater percentage of the explained variation in y
Explanation:
The above is the reason showing the direct correlation between the sample regression and the R Square value.
Answer:
The answer is "Option c".
Explanation:
The whole teaching requires its principal (StarQuest ltd) to also be held liable for only certain acts unless the agent or worker speaks up which damages or injury. From the above case, Morges' behavior is inaccurate as well as the corporation is responsible for its behavior.
- Parens patriae is indeed a principle that covers State intervention whenever a negligent parent is involved.
- Res ipsa loquitor is indeed a principle which, throughout the absence of evidence, makes misconduct or perhaps an accident as 'negligence.'
- In the fairness doctrine is concerned with both the transmission of contentious news not with the liability of even an undertaking for its conduct.