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xxMikexx [17]
2 years ago
15

Your company was recently served with a lawsuit quizlet.

SAT
1 answer:
zlopas [31]2 years ago
4 0

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.

<h3 />

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>

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Unit 4 Q2: One of the main financial services that is provided by a bank involves offering accounts where people can safely stor
Leviafan [203]

Answer:

B.  savings is the correct answer.

Explanation:

6 0
2 years ago
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1) What percent of 440 is 369?
zimovet [89]

Answer:

119.24

Explanation:

Step 1: We make the assumption that 369 is 100% since it is our output value.

Step 2: We next represent the value we seek with x​.

Step 3: From step 1, it follows that 100%=36​.

Step 4: In the same vein, x% = 440​.

Step 5: This gives us a pair of simple equations:100%=369(1) 440(2) = x%

Step 6: By simply dividing equation 1 by equation 2 and taking note of the fact that both the LHS(left hand side) of both equations have the same unit (%); we have 100%/x% = 369/440

Step 7: Taking the inverse (or reciprocal) of both sides yields x%/100% = 440/369

Therefore, 440​ is 119.24% of 369.

4 0
2 years ago
The philosophical position known as constructivism.
Harrizon [31]

Answer:

Look down

Explanation:

The philosophical position known as constructivism views knowledge as a human construction. Constructivism is based on the premise that knowledge is not part of an objective, external reality that is separate from the individual. Instead, human knowledge is a human construction.

5 0
2 years ago
Read 2 more answers
Choose ALL the examples of severe
fomenos
Answer:
Hurricane Flash flood tsunami and tornado
Explanation:
What is a severe weather event?
A Severe weather event is 1-2 inches of hail (25-51 mm) an F1 tornado or winds up from 58-75 miles per hour (or 93 to 121 km/hour) but there is something called a Significant severe weather which is more than what is listed. So we already know that a hurricane, tornado, flash flood and tsunami are ALL severe weather events. But what about Earthquake and Volcano. While yes, they ARE considered severe events, they are NOT titled under these criteria.
6 0
2 years ago
Because of the difference between the discipline imposed by market competition and the discipline imposed by political decisions
andre [41]

Because of the difference between the discipline imposed by market competition and the discipline imposed by political decisions, there is bound to be A. difficulty managing public investment so it's done in a cost-effective way.

<h3>What is a competitive market?</h3>

This is s a structure in which no single consumer or producer has the power to influence the market

The characteristics of a competitive market are:

  • Homogeneity of product.
  • No existence of buyers or sellers.
  • Access to information.
  • No charge fr yranascation cost.
  • No barries to entry or exit.

Hence, because of the difference imposed by the market and political decisions, the government borrowing cannot be reduced neither will there be an increase in the tax budget nor will the government budget hide the rate of private investment.

Read more about<em> the market competition</em> here:

brainly.com/question/24781573

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7 0
1 year ago
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