Answer:
(C) Acquisition cost
Explanation:
The correct word for the given statement is acquisition cost
So option (c) is correct option
Acquisition cost alludes to the in with no reservations cost to buy a benefit. These expenses incorporate delivery, deals charges, and customs expenses, just as the expenses of site planning, establishment, and testing.
When securing property, obtaining expenses can incorporate looking over, shutting charges, and taking care of liens.
Answer:
The answer is: Montana should recognize its revenue equally throughout the year as they provide their services.
Explanation:
The accrual basis of accounting recognizes revenue when earned. This means that Montana Corporation should recognize revenue when its service has been performed, regardless of when those services were paid. That means they should recognize revenue equally throughout the year (every month) as they provide their services.
The reason why the agency places these ads on websites
related to teen magazines, action gaming and as well as extreme sports because
of the reason that they are targeting specific market niches. Market niches is
a subset of a market on which where a product is specifically focused on as it
aims of having a particular product to be satisfying to a specific market that
needs it.
Answer: Option C
Explanation:
A. Achievement of organizational goals is the result for which the controlling process is initiated.
B. Taking corrective action is the second last step in controlling process.
C. Controlling process starts with the establishment of standards from which the actual performance will be compared.
D. Comparison is the second step in controlling process.
E. Identification will be done only after the comparison and detection of deficiencies in the process.
Answer:
Change in Reserves: <u>–$30 </u>
Change in Deposits: <u>–$300 </u>
Change in Loans: <u>–$270 </u>
Explanation:
The calculation of each element of the balance sheet is as follows:
Change in Reserves = Amount withdrawn by Ava * Reserve requirement faced by Second Bank = $300 * 10% = $30. This is a reduction and will be negative in the Second Bank's Balance Sheet.
Change in Deposits = Amount withdrawn by Ava = $300. This is a reduction and will be negative in the Second Bank's Balance Sheet.
Change in loan = Amount withdrawn by Ava - Change in Reserves = $300 - $30 = $270. This is a reduction and will be negative in the Second Bank's Balance Sheet.
