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?"
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Answer:
D
Explanation:
Double the first equation. Write the second below it. Rearrange the second.
2x - 20 = - 4y
<u>-2x -16= +4y</u> Add.
- 36 = 0
There is no solution to this pair of equations.
Answer:
The top 3 methods that i use to inquire data in a certain field of study are;
1) Interviews
2) Questionnaires and Surveys
3) Observations
Explanation:
Answer:
100
Explanation:
use long polynomial division
the answer is D.
In only polling people in Arizona, you aren't taking a representative sample of the total population. You want to represent all *U.S.* adults.
What if people from Arizona spend proportionally more (or less) than the rest of the nation?