In accounting for compensated absences, the difference between vested rights and accumulated rights is that:________

Answers

Answer 1

Vested rights are different from accumulated rights in accounting for compensated absences because they are not dependent on an employee's continued employment.

The correct option is B.

What exactly do you mean by compensated absences:

Absences that are compensated—such as vacation, sick, and sabbatical leave—entail payment to the employee. The standards in this Statement take into account the various traits of different types of compensated absences.

What formula is used to determine paid absences?

To determine the proportions of compensated absences that are current and non-current: Take the total number of hours each employee had accrued as of June 30 and multiply it by their hourly pay rate to get the present year leave value.

How are compensated absences recorded by businesses?

Generally, the obligation to pay for compensated absences is accrued using the current salary rates, and the accrual is modified when the rates change. If an employee is permitted to carry over compensated absences for a number of years, the employer might want to think about discounting the liability to present value.

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I understand that the question you are looking for is:

In accounting for compensated absences, the difference between vested rights and accumulated rights is

a. vested rights are normally for a longer period of employment than are accumulated rights.

b. vested rights are not contingent upon an employee's future service.

c. vested rights are a legal and binding obligation on the company, where as accumulated rights expire at the end of the accounting period in which they arose.

d. vested rights carry a stipulated dollar amount that is owed to the employee; accumulated rights do not represent monetary compensation.


Related Questions

a tariff a. lowers the domestic price of the exported good below the world price. b. keeps the domestic price of the exported good the same as the world price. c. raises the domestic price of the imported good above the world price. d. lowers the domestic price of the imported good below the world price

Answers

A tariff raises the domestic price of the imported good above the world price.

A tariff is a tax imposed by the use of government on items and offerings imported from exclusive international locations that serve to boom the rate and make imports plenty much less proper, or as a minimum an awful lot less aggressive, in preference to home goods and services.

Price lists are supposed to protect community industries by way of using making imports extra and using clients for domestic producers. Unfair shopping for and selling practices. some price lists are meant to counteract specific measures all in favor of the aid of remote places international locations or companies.

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The approach that takes the current selling prices of similar properties and adjusts these prices for any differences is called the?

Answers

The approach that takes the current selling prices of similar properties and adjusts these prices for any differences is called the comparative approach.

Comparative approach is the process of comparing items selling prices to one another and distinguishing their similarities and differences. Suppose when a business wants to analyze an idea, problem, or theory, conducting a comparative analysis allows it to better understand the issue and form strategies in response based on it.

A business might conduct this type of analysis in order to analyze things with obvious differences or items with both differences and similarities and come up with proper results.

Hence, this approach checks the similarities and differences between two things to draw a conclusion.

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explain why hands-on activities and exploration are effective and use a specific example of a hands-on activity in your explanation.

Answers

Answer:

People learn by doing and experiencing things rather than just hearing about them. This is called hands-on learning. It is called "hands-on" because these activities usually require the use of the hands. For example, children might use manipulatives like cubes and boxes to learn about math, instead of just being taught the theory through books or pencil and paper exercises.

Young children learn best by doing, as this is their innate method of acquisition of new skills and knowledge. A child learns how to do things with their hands and body from the moment they are born. Play is still the best way to learn new things until they reach school age and beyond.

I hope this helps you

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The Customer List in QuickBooks can be accessed from all of the following except: A. Banking section of the Home pageB. Customer section of the Home pageC. Customer MenuD. Customer Center

Answers

The Customer List in QuickBooks can be accessed from all of the given choices except the Banking section of the Home page. The answer is A.

The Customer List in QuickBooks can be accessed from the Customer section of the Home page, the Customer Menu, and the Customer Center. However, it cannot be accessed from the Banking section of the Home page.

The Customer List is a database of all customers or clients that have been entered into QuickBooks, and it includes information such as their contact details, transaction history, and balances.

It is an important tool for managing customer accounts and tracking payments, and it can be sorted and filtered to generate various reports and statements. QuickBooks is a popular accounting software used by businesses of all sizes to manage finances, invoices, and expenses. Thus, A is the right answer.

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Please help. I’m struggling. 20 points !!!!

To propose the idea of creating a partnership with another business, you will need to prepare
a formal business letter to send to the owner of Great BBQ, Hank White. This proposal should
introduce the following ideas:
Forming a partnership would allow both restaurants to sell the other's product and
merchandise.
The partnership would expand both of our businesses and customer base.
.
A more detailed meeting and presentation will follow if Great BBQ is interested.
Prepare a business letter to send to Great BBQ. (8 points)

Answers

Answer:

The letter could be somewhat like this:

Dear Hank White, CEO of Great BBQ

I am John Smith, I am the CEO of a meat distributor. I specialize in prime cuts like New York Ribeye, Tenderloin, and Wagyu Beef with the best Japanese Technique.

I am sure that as business partners, we both could do better than we do right now. I have the best raw material for your restaurant business, and you have the BBQ expertise and knowledge.

I would appreciate if you considered this letter, you can call me any time if you want to discuss further, or write me an email-.

Sincerely

John Smith

Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?

Answers

The "cost of good sold" is not recorded in the journal entry to record the cash receipt.

In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.

Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.

Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.

The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.

Therefore, the account which is not recorded is the "Cost of goods sold".

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decision trees are particularly useful when a. all possible outcomes and alternatives are not known. b. perfect information is available. c. formulating a conditional values table. d. the opportunity loss table is available. e. a sequence of decisions must be made.

Answers

Decision trees are particularly useful when a sequence of decisions must be made. Hence Option E is the answer.

Define decision tree.

The development of prediction algorithms for a target variable or the establishment of classification systems based on numerous variables are two prominent applications of the decision tree technique. DTs are a non-parametric supervised learning approach that can be used for regression and classification.

The objective is to learn straightforward decision rules derived from the data features in order to build a model that predicts the value of a target variable. Each internal node represents a "test" on an attribute, each branch indicates the result of the test, and each leaf node represents a class name in this flowchart-like structure (decision taken after computing all attributes).

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Both employer and employee are responsible for paying a set percentage of the employee's earnings. What is the name of this payroll tax? Select one: a. Federal Insurance Contributions Act withholdings b. Family Medical Leave Act withholdings c. Employee Retirement Income Security Act withholdings d. Consolidated Omnibus Budget Reconciliation Act withholdings

Answers

The payroll tax that is responsible for the employer and employee paying a set percentage of the employee's earnings is known as "Federal Insurance Contributions Act withholdings". Option A is the answer.

The Federal Insurance Contributions Act (FICA) is a payroll tax levied on both workers and employers in the United States to fund Social Security and Medicare programs. The amount of FICA tax withheld from an employee's paycheck is determined by the employee's income and the current FICA tax rate.

The employer and employee each contribute half of the total FICA tax, which is a set percentage of the employee's gross earnings.The Federal Insurance Contributions Act withholdings option (a) is the correct answer to the given question.

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The sales force will be more likely to be successful when the company's corporate culture and marketing strategy are:

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Increase Sales Revenues, Lead Conversion, Deployment Rate & More. Learn More. Unify marketing, sales, service, commerce, and IT on the world's #1 CRM. i hope this helps you! <3 P.S wish you luck!

suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;

Answers

The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.

A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.

It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.

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what is the meaning of statistics??​

Answers

Explanation:

1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.

Answer:

Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.

someone help me plz Why is the 50-20-30 rule easy for people to follow, especially those who are new to budgeting and saving?

Answers

Answer:

makes it simpler and more organized to figure out how to spend $, less overwhelming, financial stability.

Which of the following is true about certified public accountants (CPAs)?

O A. CPAs work for government agencies and corporations.
B. CPAs only work in the public sector.
C. CPAs only work in the private sector.
O D. CPAs work for small businesses but not large businesses.

Answers

Answer:

A. CPAs work for government agencies and corporations.

Explanation:

Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.

Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.

Levrier Lighting has 5. 75 percent coupon bonds outstanding that mature in 10 years. The bonds pay interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 8. 32 percent

Answers

Levrier Lighting has 5. 75 percent coupon bonds outstanding that mature in 10 years. The bonds pay interest semiannually. the market price per bond is approximately $502.57.

To calculate the market price per bond, we can use the bond pricing formula. The formula is as follows:

Market Price = (Coupon Payment / (1 + Yield/2) ^ (2 x Number of Periods)) + (Face Value / (1 + Yield/2) ^ (2 x Number of Periods))

Given:

Coupon Rate = 5.75% or 0.0575 (expressed as a decimal)

Face Value = $1,000

Yield to Maturity = 8.32% or 0.0832 (expressed as a decimal)

Number of Periods = 10 years * 2 (since interest is paid semiannually)

Now we can substitute these values into the formula:

Market Price = (0.0575 * $1,000 / (1 + 0.0832/2)^(2 * 10)) + ($1,000 / (1 + 0.0832/2)^(2 * 10))

Calculating this, we get:

Market Price = $39.3770 + $463.19

Market Price ≈ $502.567

Therefore, the market price per bond is approximately $502.57. This represents the present value of the bond's future cash flows, which includes the semiannual coupon payments and the face value discounted at the yield to maturity rate.

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Can anybody help me please? :)

According to O*NET, what is the most common level of education required for Nursery and Greenhouse Managers?


master’s degree

bachelor’s degree

associate degree

high school diploma or equivalent

Answers

Answer:

bachleor's degree

Explanation:

hope this helped

it’s B

i hope it helps

Essay: Are Songs Poems?
Write an introduction.
What are your agurments? Which side are you on? Do you agree or
disagree? Explain

Answers

Songs can be considered poems. The use of figurative language, rhyme, and meter, and the intention to express thoughts and emotions are all characteristics shared by both forms of literature. While songs may have additional elements such as music, these elements do not diminish the poetic qualities of the text.

Songs and poems share similar traits. Both forms of literature have meter, rhyme, and rhythm. Therefore, it is essential to determine whether songs can be considered poems. In this essay, I will argue that songs can be considered poems.

Arguments The similarity between songs and poems can be seen in various ways. For instance, both forms of literature use figurative language, such as metaphors, similes, and personification. Moreover, both forms are written to express emotions, thoughts, and ideas, to tell a story, and to make social and political commentary.

Additionally, both forms of literature use rhyme and meter to emphasize specific words and to establish a sense of harmony. Songs, however, are unique in the way they use music to enhance their poetic qualities. The use of music adds another layer of complexity to the text and allows for a deeper emotional connection between the listener and the artist.

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which kind of budget will cause the largest increase in a country's national debt ​

Answers

One that decrease taxes and increase spending

Explain five importance of transport to a business man​

Answers

Movement of goods, easy movement of labor, price hike control, profit maximization, and assistance in mass production are the five important of transport to a businessman​.

What exactly is transportation?

The movement of humans, animals, and goods from one location to another is known as transportation (in British English) or transportation (in American English). In other words, transport is defined as a specific movement of an organism or thing from point A (a location in space) to point B.

Air, land (rail and road), water, cable, pipeline, and space are all modes of transportation. The field is divided into three sections: infrastructure, vehicles, and operations. Transport allows people to trade with one another, which is necessary for civilizations to develop.

Fixed infrastructure includes roads, railways, airways, waterways, canals, and pipelines, as well as terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals can be used for both passenger and cargo interchange and maintenance.

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Explain any four points to be
consired while conducting a business​

Answers

Answer: See explanation

Explanation:

The things to consider while conducting a business include:

a. Business idea: The main thing to consider when conducting a business is to have a business idea. One has to come up with an idea there unique and would make he or she standout from others. The business idea should be able to solve the challenges that people face with regards to a certain issue.

b. Location: Another factor is location. When conducting a business, it is important to set it up in a location that can be easily accessible for the people. Also, a location close to the market and nearer to the raw materials used for the production process should be chosen.

c. Finance: Without the required funds, no business can be set up. Therefore, it's important for one to have the funds ready to start the business. This can be from personal savings, loans etc.

d. Competition: It is vital for one to know his or her competitors and how ones business can stand out from others.

You are busy with finals and forgot to pay your credit card bill. You are charged $100 in late fees. This will likely lower your

Answers

Answer:

credit card money I think

credit score i imagine

Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financial risks, the company is most likely a

Answers

Answer:

sole proprietorship

Explanation: im guessing

What is the difference between mass marketing and marketing segmentation?

A.
Market segmentation divides a target market into several subsets to market and advertise products, wherein mass marketing advertisers create one ad that will simultaneously please all members of their target market.

B.
Mass marketing divides a target market into several subsets to market and advertise products, wherein marketing segmentation advertisers create one ad that will simultaneously please all members of their target market.

C.
Market segmentation divides a target market into at least 10 subsets to market and advertise products, wherein mass marketing advertisers create a few ads that will simultaneously please all members of their target market.

D.
Market segmentation divides a target market into several subsets to market and advertise products, wherein mass marketing advertisers create one ad that will only please some of the members of their target market.

Answers

Market segmentation divides a target market into several subsets to market and advertise products, wherein mass marketing advertisers create one ad that will simultaneously please all members of their target market.

What is mass marketing and market segmentation?

Mass marketing is when a firm does not segment their customer base in groups based on shared characteristics but instead markets their goods to all their target audience.

An advantage of mass marketing is that is a cheaper method of advertisement.

Segmentation is the division of people into certain groups based on shared characteristics. Customers can be segmented based on age, benefit received and geography.

An advantage of segmentation is the the company are better able to reach their customers through targeted ads.

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The following information pertains to Crane Video Company.
1. Cash balance per bank, July 31, $7,863.
2. July bank service charge not recorded by the depositor $34.
3. Cash balance per books, July 31, $7,884.
4. Deposits in transit, July 31, $1,800.
5. Bank collected $1,200 note for Crane in July, plus interest $42, less fee $26. The collection has not been recorded by Crane, and no interest has been accrued.
6. Outstanding checks, July 31, $597.
The following information pertains to Crane Video

The following information pertains to Crane Video
Prepare a bank reconciliation at July 31. (List items that increase cash balance first.)
CRANE VIDEO COMPANY
Bank Reconciliation
July 31

Bank service chargeOutstanding checksCollection of note receivableDeposits in transitAdjusted cash balance per bankCash balance per bank statement
$

LessAdd: Cash balance per bank statementAdjusted cash balance per bankOutstanding checksCollection of note receivableBank service chargeDeposits in transit




LessAdd: Adjusted cash balance per bankCollection of note receivableCash balance per bank statementBank service chargeDeposits in transitOutstanding checks


Collection of note receivableBank service chargeAdjusted cash balance per bankDeposits in transitOutstanding checksCash balance per bank statement
$

Bank service chargeCash balance per booksOutstanding checksAdjusted cash balance per booksDeposits in transitCollection of note receivable
$

LessAdd: Bank service chargeCash balance per booksCollection of note receivableAdjusted cash balance per booksDeposits in transitOutstanding checks




AddLess: Bank service chargeCash balance per booksOutstanding checksAdjusted cash balance per booksCollection of note receivableDeposits in transit


Bank service chargeDeposits in transitCash balance per booksAdjusted cash balance per booksOutstanding checksCollection of note receivable
$

SHOW LIST OF ACCOUNTS

The following information pertains to Crane Video

The following information pertains to Crane Video
Journalize the adjusting entries at July 31 on the books of Crane Video Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
No.

Account Titles and Explanation

Debit

Credit

July 31
























(To record the collection of the note)

July 31












(To record the bank service charge)

SHOW LIST OF ACCOUNTS

The following information pertains to Crane Video

The following information pertains to Crane Video
Question Attempts: 0 of 2 used
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The following information pertains to Crane Video

Answers

Answer:

A. Cash balance per bank $ 9,066

Cash balance per books $9,066

B.Jul'31

Dr Cash $1,216

Dr Expenses for collection $ 26

Cr Note receivables $ 1,200

Cr Interest revenue $ 42

Jul'31

Dr Miscellaneous Expenses $ 34

Cr Cash $ 34

Explanation:

A. Preparation of Bank Reconciliation at July 31

BANK RECONCILIATION

Cash balance per bank, July 31, $7,863

Add Deposit in transit $ 1,800

Less Outstanding checks ($597)

Adjusted cash balance $ 9,066

Cash balance per books, July 31 $7,884

Collection of note receivable $1,216

($1200+$42-$26)

Less Bank service charge ($34)

Adjusted cash balance $ 9,066

B. Preparation of the adjusting journal entries at July 31 on the books of Crane Video Company

JOURNAL ENTRIES

Jul'31

Dr Cash $1,216

Dr Expenses for collection $ 26

Cr Note receivables $ 1,200

Cr Interest revenue $ 42

(To record note collection by bank)

Jul'31

Dr Miscellaneous Expenses $ 34

Cr Cash $ 34

(To record bank service charges)

Mario Gillespie owns 200 shares of Asset Investment
Corporation. He paid $32.75 per share. Asset Investment
pays a $5.00 per share dividend.
a. What is the total annual dividend?
b. What is the annual yield?

Answers

Answer:

A.

Explanation:

$1000

The total annual dividend is $1000.

The annual yield is 15.26%

What are shares?

A share can also refer to something like a unit of an unit trust, a limited partnership, or a property investment trust. A share is a quantity of shareholdings in the financial assets of a firm. The term "share capital" describes all of an organization's shares.

The information that was given was:

The total number of shares was 200

The amount that needs to be prepared is $32.75

The dividend that was received was $5

The total annual dividend will be calculated as:

annual dividends = dividends per period * dividend frequency

= 200 * $5.00

= $1000

The annual yield will be calculated as:

dividend yield = (annual dividends/share price) * 100

= (5 / 32.75)*100

= 0.1526 * 100

= 15.26%

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What technology allows retailers to better respond to consumer buying patterns?

Answers

Cypherxam is the anwser

please help!!! thank you

please help!!! thank you

Answers

the answer is A, sole trader

_____ is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid and, therefore, is taught to new members as the correct way to perceive, think, and feel in relation to these problems.
A. Organizational change
B. Organizational culture
C. Organizational structure
D. Organizational learning

Answers

Answer:

What is B. Organizational culture

Explanation:

Organizational culture is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid and, therefore, is taught to new members as the correct way to perceive, think, and feel in relation to these problems.

Organizational culture is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid. Hence, option B is correct.

What is Organizational culture?

The general definition of organizational culture is all of a company's beliefs, values, and attitudes, and how these affect how its people behave. What it's like for a customer to purchase from a business or for a supplier to cooperate with it is influenced by culture.

The definition of organizational culture pertains to the structure, values, sociology, and psychology of an organization, such as a business or non-profit. Philosophy, beliefs, expectations, and experiences are a few examples of organizational culture.

Your company's culture establishes standards for how employees should act, collaborate, and perform as a team. In this manner, siloed teams' barriers may be dismantled, decision-making can be guided, and workflow can be improved.

Thus, option B is correct.

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Which unemployment rate do most economists consider to be acceptable in the United States?
a) 0 percent
b) 5 percent
c) 10 percent
d) 20 percent.

Answers

The unemployment rate that economists consider to be acceptable in the united states is 5 percent (b).

Most economists believe that the unemployment rate of the U.S. should be b. 5% or below.

What is Unemployment ?Percentage of the labor force that is not working. Includes only those who are actively looking for work.

For an economy as developed as the U.S., economists believe that there should be enough jobs such that the unemployment rate doesn't pass 5% at any given time save for severe economic shocks.

In conclusion, option B is correct.

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Rick Mueller insures his house for $88,500. A. Since the contents are automatically insured for 50% of

the total insurance on the house, what is the amount the contents are insured for? b. If Rick's insurance

company charges $0. 53 per $100 for the policy, what will be the annual premium?

Answers

The amount the contents are insured for based on the insurance done by Rick will be $44250.

How to calculate the insurance?

From the information given, Rick Mueller insures his house for $88,500 and the contents are automatically insured for 50% of the total insurance on the house.

Therefore, the amount will be:

= 50% × $88500

= $44250

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Giving brainliest!!

Explain which method of production is the most likely to be capital intensive?​

Answers

Answer:

Explanation:

Capital-intensive processes are those that require a relatively high level of capital investment compared to the labor cost. These processes are more likely to be highly automated and to be used to produce on a large scale. An industry that is capital intensive is – oil refining, manufacturing.

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