Answer:
Under the cash method Dwan-Com has a net taxable loss of $200 as computed below.
Under the accrual method Dwan-Com has a taxable income of $6000.
The appropriate method to be chosen by Dwan-Com is a function of perception:
From a cash flow point of view,it would be advisable to choose cash method since that results in no payment of taxes now .
On other hand,when looking at tax minimization strategy, it is more preferable to choose accrual method as that method leads to lower taxes overall.
Explanation:
Cash Method $
Cash received 40000
Cash paid:
Supplies (2200)
Labor costs (38000)
Net tax loss (200)
Accrual Method $
Revenue 50,000
Expenses incurred:
Supplies (3000)
Labor costs (41000)
Taxable income 6000
Answer:
emphasizes on completing work on time without any unreasonable delays.
Explanation:
Leadership is the trait that an individual has that inspires others to give their best and motivates them to achieve higher standards in work and their personal lives.
In this instance Stephen the CFO of Pluto Inc is considered to be a very organized and disciplined leader by his employees.
This is because he emphasizes on completing work on time without any unreasonable delays. Stephen gas set a standard that inspires his employees and so they look up to him.
He business creditors are owed money by Greg for giving him loans to start is business. Creditors do not require the money loaned immediately but are due to receive the funds they lent out back. The amount owed to creditors by the business/business owners are found under the liabilities section of the companies balance sheet.
Answer:
A general understanding that abstraction allows programmers to hide details By hiding details, programmers are able to work with complex systems in small pieces without having to pay attention to every detail at once An explanation of how top down design implements abstraction
Example:
Through the use of abstraction, a programmer is able to take one large idea, and break it down into smaller pieces. In the context of top-down design, this means that the programmer can create one function that is made up of a set of smaller sub functions. After determining the details of those sub functions, the programmer no longer needs to take into account how they work, knowing that they will work in when called. For example when drawing a snowflake, the programmer may use top down design to split it into separate branches. Each of those branches may have sub functions that determine the detail to be repeated. This allows programmers to develop complex systems while managing complexity at multiple levels of abstraction.
Which of the following is FALSE about event-driven programs?
A. Event-driven programs do not implement algorithms.
B. Some portions of an event-driven program may never execute while the program is running.
C. An event-driven program is written to respond to specified events by executing a block of code or function associated with the event.
D. The order in which an event-driven program will run cannot always be known ahead of time. E. Event-driven programs can be run multiple times with different outcomes, based on user interactions.