In accordance with GAAP, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
<h3>What is GAAP?</h3>
GAAP means Generally accepted accounting principles which is a accounting standards that guides the details, complexities and legalities of accounting.
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In conclusion, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
Missing word"The outcome of the litigation will not be determined for several months, but it could result in a materially large settlement to be paid by your corporation. According to GAAP, what action should you take?"
Read more about GAAP
<em>brainly.com/question/17895474</em>
Most thunderstorms form by a cycle that has three stages: the cumulus stage, mature stage, and dissipating stage. The sun heats the Earth's surface during the day. The heat on the surface and warms the air around it. Since warm air is lighter than cool air, it starts to rise (known as an updraft)
Answer:
54
Explanation:
First write the list of numbers which the tens number is one less then ones place.(21,32,43,54,65,76,87,98). Remember this list then add the digits together. If you know your multiplication, the first 5 should be easy to solve so multiple the sum you received from adding the numbers by 6 until you get to one with the same starting number
(21)2+1= 3 x 6= 18
(32)3+2= 5 x 6= 30
(43)4+3= 7 x 6= 42
(54)5+4= 9 x 6= 54
(65)6+5=11
(76)7+6=13
(87)8+7= 15
(98)9+8 = 17
