under the completed-contract method, companies recognize costs only when the contract is completed. T/F?

Answers

Answer 1

False. Under the completed-contract method, companies do not recognize costs until the contract is completed, but they also do not recognize any revenue until the contract is completed.

Instead, they recognize both revenue and costs in their entirety once the project or contract is finished.

The completed-contract method is a method of accounting used for long-term construction projects or contracts where the completion of the project spans multiple accounting periods. During the construction phase, costs are accumulated but not recognized in the financial statements. It is only when the project is completed that the total costs and revenue are recognized.

This method is different from the percentage-of-completion method, where revenue and costs are recognized proportionally over the duration of the project based on the estimated degree of completion. The completed-contract method defers recognition until the end, providing a more conservative approach to revenue and cost recognition.

It is important to note that under generally accepted accounting principles (GAAP), the completed-contract method is generally not allowed for long-term contracts, and the percentage-of-completion method is typically preferred.

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Related Questions

buyers hire an agent to help them purchase a home and want seller financing because they filed for bankruptcy two years ago. the agent is

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Required to disclose the information because it is a material fact important to the seller.

expose were a jap punk rock band from okōchi town, closely motivated by Discharge. Their sound heavily replicates Discharge's fashion, with an accelerated use of fuzz and distortion guitar outcomes. The subject be counted is likewise much like Discharge, in that the songs' topics are mostly approximately nuclear conflict, and its bad effects. On 5 June 2007, divulge frontman Kawakami died from an overdose of alcohol and sedatives.[3]

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Elastic demand is a demand relationship in which the percentage change in the quantity demanded of a given good is larger than the percentage change in its price in absolute value (true or false)

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The statement "Elastic demand is a demand relationship in which the percentage change in the quantity demanded of a given good is larger than the percentage change in its price in absolute value" is True.

What is Elastic Demand?

Elastic demand occurs when the demand for a commodity is highly sensitive to price changes. A good or service is said to have elastic demand when the change in price has a larger effect on the quantity of the commodity demanded. As a result, when there is a rise in price, there is a large decrease in demand, and when there is a decrease in price, there is a large increase in demand.

The formula for calculating the Elasticity of Demand is:

Percentage change in Quantity Demanded / Percentage change in Price

When the ratio is greater than one, the demand is elastic. When the ratio is less than one, the demand is inelastic. When the ratio is equal to one, it's unitary elastic.

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rhodes borrowed $5,000 by signing a 5-year note with an interest rate of 8%. on the date the note is signed, rhodes should

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On the date the note is signed, rhodes should credit Note payable for $5,000.

Note payable is a loan agreement that is put down in written were the borrower agreed to pay the lender the certain amount he or she borrowed from the lender and must be signed by the borrower.

In Note payable the borrower as well will have to pay interest on the amount borrowed or the interest accrued on the amount borrowed on the due date.

The journal entry on the date the note is signed is:

Debit Cash $5,000

Credit Note payable $5,000

(To record note payable)

Inconclusion on the date the note is signed, rhodes should credit Note payable for $5,000.

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Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.

Answers

Answer: 14.96 I took the test

Explanation:

The tagged price or list price refers to the price listed on a product's label. This is the cost at which the product will be offered for sale. Hence Marked  Price $ 14.36 .

What is Marked Price ?

The product may actually sell for less than the advertised price due to discounts that may be applied to this pricing.

The sum of all the expenses incurred during the manufacturing of a good or service is known as the cost price. It is the cost at which the merchant or retailer purchased the good. The price that a producer or seller sets for their goods is referred to as the marked price.

Especially in circumstances where products are being sold or bought. To sell the item at a specific cost, the selling price is used., which can be determined by applying the selling price formula.

The selling price is the price the customer pays to purchase the good. The cost a buyer incurs to purchase a good or service is the real selling price. This pricing includes a profit margin and is higher than the cost of the items.

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How do you resolve impediments?

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I've developed a succinct description of the Scrum Master as an Impediment Remover after doing some research and coming up with some ideas of my own. It's obvious that it's an essential component of the Scrum Master role given the volume of resources available.

The definition of a scrum master ?

Scrum is an agile development methodology used to create complex projects, most frequently software. Sprints, short development cycles used in the Agile project management methodology, lead to continuous product or service improvement. For projects that move quickly, Scrum is a popular option among the many Agile frameworks. The outcomes of the process are determined by the Scrum Master's expertise and depend on the high level of collaboration and need for efficient processes inherent in the methodology.

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Suppose that the enterprise has implicit costs of $ 500,000, and accounting costs of $4.5 million. If the firm sells 100,000 units of its products at a price $45, calculate a) its accounting profit
b) economic profit

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Accounting profit is calculated by subtracting the explicit costs from the total revenue. In this case, the accounting profit would be $4.5 million (total revenue) - $4.5 million (explicit costs) = $0.

However, economic profit takes into account both explicit and implicit costs. Implicit costs are the opportunity costs associated with the resources used by the enterprise, such as the foregone income from the use of the owner's capital. To calculate economic profit, we need to subtract both explicit and implicit costs from the total revenue.

The total cost of the enterprise would be $5 million ($4.5 million in explicit costs + $500,000 in implicit costs). The total revenue generated from selling 100,000 units of its products at a price of $45 per unit would be $4.5 million.

Therefore, the economic profit would be calculated as $4.5 million (total revenue) - $5 million (total cost) = -$500,000. This means that the enterprise is making a loss of $500,000, even though it appears to be making a profit based on accounting profit alone.

It is important for businesses to consider both explicit and implicit costs in their decision-making processes to ensure that they are making informed choices about their operations. Ignoring implicit costs can lead to overestimating profits and making decisions that may not be financially sound in the long run.

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A wholesaler delivers makeup to supermarkets, sets up the items on racks,
and keeps track of inventory. This is an example of a
A. manufacturer's sales branch
B. truck jobber
C. rack jobber
D. drop shipper

Answers

Answer:

c. rack jobber

Explanation:

A wholesaler delivers makeup to supermarkets, sets up the items on racks, and keeps track of inventory. This is an example of a rack jobber. Hence, option C is correct.

What is wholesaler delivers?

A wholesaler's main duty is to improve the efficiency of the supply chain for the gain of producers, distributors, and end consumers. At the same time, wholesalers help distributors manage their assets more efficiently.

Between a manufacturer, who creates a product, and an organization farther down the supply chain, a distributor serves as a link. A value-added reseller, or downstream company, can be either a wholesaler or a retailer.

A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection.

Thus, option C is correct.

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Brand managers of services often complain that their job seems more difficult than being a brand manager for, say, a sneaker. How does the flowchart support their claims? What must the marketer pay attention to? 2. For quality assurances, what performance indicators would you measure, at each step in the process (left to right) and in which layers (top to bottom) to track what is working well versus what needs to be streamlined in the process? 3. By comparison, how much of manufacturing goods, say a box of cookies, occurs "on stage," that is, visible to the customer?

Answers

1. The flowchart supports the claims of brand managers of services that their job is more difficult than managing a sneaker brand due to the complexity and intangibility of service delivery.

Determine what are the flowchart supports the claims of brand managers?

The flowchart supports the claims of brand managers of services that their job is more difficult than being a brand manager for a sneaker because the process of delivering a service is often more complex and involves numerous interconnected steps, as indicated by the flowchart.

Services typically require a high degree of customization, personal interaction, and intangible experiences, making them more challenging to manage compared to tangible products like sneakers.

To effectively manage services, the marketer must pay attention to multiple factors such as understanding customer expectations, designing service processes, ensuring consistent service quality, managing customer feedback, and addressing potential issues or bottlenecks in the service delivery chain.

The flowchart highlights the various decision points and considerations that brand managers of services must navigate, emphasizing the complexity of their role.

2. To measure quality assurance performance indicators in the service delivery process, the marketer should consider the following steps and layers:

Steps (left to right):

a) Customer Expectation Assessment: Measure customer satisfaction through surveys or feedback ratings.

b) Service Design: Track the efficiency of the design process, considering factors like time, cost, and resource utilization.

c) Service Production: Monitor service delivery speed, accuracy, and adherence to quality standards.

d) Service Delivery: Measure customer satisfaction during and after service delivery, including factors like responsiveness, reliability, and empathy.

Layers (top to bottom):

I) Strategy and Planning: Evaluate the alignment of service quality goals with overall business objectives.

II) Internal Processes: Assess the effectiveness of internal operations and resource allocation to meet quality standards.

III) Customer Interaction: Measure customer perceptions of service quality and the effectiveness of customer service interactions.

By measuring these performance indicators at each step and layer, the marketer can identify areas of improvement, streamline processes, and ensure that the service meets or exceeds customer expectations.

3. In comparison to manufacturing goods like a box of cookies, a relatively smaller portion of the service delivery process occurs "on stage" or is visible to the customer.

While the production and packaging of cookies typically happen in a visible and tangible manner, services involve a higher level of intangibility and often have backstage activities that are not directly observable to customers.

The visible components of a service may include interactions with frontline staff, physical facilities, or tangible deliverables.

However, a significant portion of the service process occurs behind the scenes, encompassing activities such as service design, resource allocation, staff training, quality control, and other internal processes. These backstage activities are crucial for ensuring consistent service quality and meeting customer expectations, but they are not directly visible to the customer.

Therefore, compared to manufacturing goods, services have a larger proportion of "off-stage" or behind-the-scenes activities that are critical for delivering a high-quality service experience.

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Question 21 0/2 pts 100 99 Details Find the time required for an investment of 5000 dollars to grow to 6800 dollars at an interest rate of 6.5% per year, compounded quarterly. Round to the nearest year. Your answer is t = years. Question Help: Message instructor Post to forum Submit Question Question 22 0/1 pt10099 Details. A city's population is currently 22,000 and is growing by 5.2% each year. If this continues, in how many years will the town's population reach 56,000? years Question Help: Message instructor Post to forum Submit Question
Question 23 0/1 pt100 99 Details The value of China's exports of automobiles and parts (in billions of dollars) is approximately f(x) = 1.82080.3397, where x = 0 corresponds to 1998. In what year did/will the exports reach $5.9 billion? Give your answer as the year, with at least one decimal place Question Help: Message instructor Post to forum Submit Question Question 24 0/1 pt100 99 Details How long does it take an investment of $6,200.00 to grow to $16,300.00 if it is invested at an annual rate of 11.8%, compounded 3 times per year? Round your answer to two decimal places at the END of your calculations. It will take years. Question Help: Message instructor D Post to forum Submit Question Question 25 0/1 pt100 99 Details $19,300.00 is invested at an annual rate of 5.1%, compounded continuously. How long will it take for that investment to grow to a value of 116,300.00? Round your answer (in years) to two decimal places at the END of your calculations. Question Help: Message instructor Post to forum Submit Question

Answers

Investment of $5,000 grows to $6,800 in around 9 years.

How long will it take for the investment to reach $6,800?

In order to determine the time required for an investment to grow to a specific amount, we need to use the formula for compound interest. In this case, the initial investment is $5,000 and the target amount is $6,800. The interest rate is 6.5% per year, compounded quarterly.

Using the formula A = P(1 + r/n)^(nt), where A is the final amount, P is the principal (initial investment), r is the interest rate, n is the number of times interest is compounded per year, and t is the number of years, we can calculate the time required.

By plugging in the given values, we have:

$6,800 = $5,000(1 + 0.065/4)^(4t)

To solve for t, we can take the logarithm of both sides and isolate t:

t = log(6,800/5,000) / (4 * log(1 + 0.065/4))

After performing the calculations, we find that t is approximately 9 years. Therefore, it will take approximately 9 years for the investment to grow from $5,000 to $6,800 at an interest rate of 6.5% per year, compounded quarterly.

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Individual A sells a rental building, its office equipment, furniture and fixtures, and its land to Individual B. Individual A realizes a gain on the sale of the building, equipment, furniture and fixtures, and land. Individual A rented the building to commercial tenants. What is the character of the gain realized?

Answers

Answer:

Recognized gain

Explanation:

The character of the gain is Recognized gain. A recognized gain is a gain/profit that is gotten from the sale of one's asset when the asset is sold above the price that was initially paid for the assets. Therefore individual A after selling the Rental buildings, office equipment, Furniture and Land to Individual B, still rents the Building to commercial tenants in other to realize the remaining gain, from the sale of the assets.

A PDF file is used to display a file as it will look when _______.

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Answer:

a pdf file is used to display a file as it will look when _____.

say hi and i give u 94 ranking points

Answers

hi rtgijriomcfrcrecgtrcgetrgretrtrct

Answer:

hi

Explanation:

What things receive a Priority Level B?

Answers

Answer:

How to prioritize your tasks (and your time)

Capture everything on a Master List and then break it down by monthly, weekly, and daily goals.

Separate the urgent from the important tasks with the Eisenhower Matrix.

Rank your daily tasks by their true priority with the Ivy Lee Method.

effective economic demand requires

Answers

What is this supposed to refer to ?

Delete the ServiceDate field from the Average By Month query. Add a new column using the Expression Builder. Create a formula to extract the name of the month from the ServiceDate field using a combination of the DatePart and MonthName functions. Name the column Month, and move the Month field to the left of the NumInParty field. Run the query. Save and close the query. What would be the formula for this?

Answers

The formula to extract the name of the month from the ServiceDate field is Month: MonthName(DatePart("m", [ServiceDate])).

To extract the name of the month from the ServiceDate field using a combination of the DatePart and MonthName functions, you can use the following formula in the Expression Builder:

Month: MonthName(DatePart("m", [ServiceDate]))

This formula combines the DatePart function, which extracts the month number from the ServiceDate field using "m" as the interval argument, with the MonthName function, which converts the month number into the corresponding month name.

By adding this formula as a new column named "Month" in the query, you can display the month name alongside other fields. Ensure that you move the Month field to the left of the NumInParty field as specified.

After running the query, saving it, and closing it, you will have a result set that includes the extracted month names in the Month column.

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Help anybody I’m trying to solve this

Help anybody Im trying to solve this

Answers

The break-even point is the point where the profit is equal to .

Therefore to find the break-even point equates the profit function to be equal to 0.

P(x)=300x−25x²

300x−25x²=0

300x/x=25x²/x

300=25x

300/25=x

x=12Units

The break-even point is the point at which total revenue is equal to total cost. At this point, the profit is zero.

What is break-even point?

Breakeven points (BEPs) can be used in a wide range of situations. For example, the breakeven point in a property is the amount of money that the homeowner would need to generate from a sale to exactly offset the net purchase price, which includes closing costs, taxes, fees, insurance, and mortgage interest—as well as costs associated with maintenance and home improvements. At that price, the homeowner would break even, meaning he would not make or lose any money. BEPs are also used by traders to determine what price a security must reach in order to cover all costs associated with a trade, such as taxes, commissions, management fees, and so on.

A company's breakeven point is calculated similarly by taking fixed costs and dividing them by the percentage of gross profit margin.

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what is the importance of small businesses

Answers

Explanation:

Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.

It helps us cater for our family hence reducing financial stress.

Explain how the Black-Scholes option pricing model builds on the binomial

model. Where does it make extensions? Where is it similar?

b) Use the Black-Scholes formula to calculate the price of a call option given the

following information: S = $1. 50 / £ , X = $1. 55 / £ , r =1% , r



= 2% ,T = 1,

σ = 20%

Answers

The Black-Scholes option pricing model is a widely used method for determining the theoretical value of European-style options. It builds on the binomial option pricing model, which is a simpler method for determining option prices.

In the binomial model, the underlying asset price movement is modeled as a series of discrete steps with a probability of moving up or down. This is represented by a binomial tree, where each node represents a possible asset price. By assigning probabilities to these movements and discounting the option payoffs at each node, we can find the option price.

The Black-Scholes model, on the other hand, uses a continuous-time framework and assumes that asset prices follow a geometric Brownian motion with a constant volatility (σ) and drift rate (μ). The model takes into account factors such as the risk-free rate (2% in your question), time to expiration (T = 1), and asset price volatility (σ = 20%).

By solving the Black-Scholes partial differential equation, we can obtain a closed-form solution for European call and put options. This allows for more accurate and efficient option pricing compared to the binomial model.

In summary, the Black-Scholes option pricing model builds on the binomial model by using a continuous-time framework and accounting for more factors, such as the risk-free rate, time to expiration, and asset price volatility, to provide a more accurate and efficient method for pricing European-style options.

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A drawback of brands as compared to unbranded products is that which action happens?

Answers

A drawback of brands as compared to unbranded products is that branded products tend to be more expensive. Branded products have a higher price because of the cost of marketing and advertising that the company puts into promoting the brand.

Because of the high price, many consumers opt for unbranded products as an alternative. Brands carry a significant amount of reputation, quality, and trust, which may attract more customers to purchase a specific brand. However, this could also lead to overpricing, which could be a significant drawback in the competitive market. While some people may prefer to pay more for the perceived quality and reputation that a brand offers, others will opt for the less expensive unbranded products. The higher the price, the smaller the pool of consumers who can afford the brand, which could limit the brand's reach in the market. In conclusion, one of the drawbacks of branded products is their relatively high cost as compared to unbranded products.

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what do chapter competitions entail?

Answers

Answer:

Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.

Answer:

In FBLA you pick a subject and you either take a test, do a presentation, do sales pitch, etc. With reading, you read a chapter from a book as fast as you can.

Explanation:

who is the president in Italy​

Answers

Answer:

Sergio Mattarella

Explanation:

Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.

Answer:

Sergio Mattarella

Explanation:

Sergio Mattarella OMRI OMCA (Italian pronunciation: [ˈsɛrdʒo mattaˈrɛlla]; born 23 July 1941) is an Italian politician, jurist, academic and lawyer who serves as the 12th and current president of Italy.

a market-based economy frequently produces boom-and-bust cycles.

Answers

Market-based economy frequently produces boom-and-bust cycles. When a recession hits, businesses reduce their operations, including reducing employee hours or laying off workers, resulting in reduced production.

A market-based economy is frequently unstable and regularly encounters boom-and-bust cycles, causing economic instability. Market cycles are a pattern of ups and downs, characterized by high production and increased consumption in the growth or boom cycle and low production and decreased consumption in the contraction or bust cycle.The ups and downs, including the extremes, are typically brief and lead to market recovery. However, in more severe market cycles, the impact on the economy can be catastrophic, with millions of people losing their jobs and the government taking on more debt to avoid a recession.

The causes of market cycles include supply and demand, investor expectations, and business cycles. Supply and demand are among the most crucial determinants of market cycles. When demand exceeds supply, the economy grows, and when supply exceeds demand, the economy contracts. However, investor expectations play a significant role in determining the economy's growth. When investors expect good economic times, they invest in stocks and other assets, driving up prices. Conversely, when investors expect bad economic times, they sell their stocks, leading to a decline in asset prices.

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Question 6 of 10
Which of the following skills do employers in any field expect their employees
to have?
A. Ability to use a cash register
B. Ability to lift at least 30 pounds
C. Ability to use word processing software
D. Ability to provide a healthy work environment
SUBMIT

Answers

Answer:

Ability to provide a healthy work environment

Explanation:

All the other answers comes with training and is dependant upon the role

Which of the following tasks would be a line cook's main responsibility?
O A. frying french fries
OB. chopping onions
O c. taking inventory of stocked dry goods
OD. paying invoices

Answers

Answer:

A,B,C

Explanation:

Answer:

C

Explanation:

The ledger of Cheyenne Corp. On March 31, 2019, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance 2,700 Supplies 3,000 Equipment 32,200 Unearned Service Revenue 8,900 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $400 per month. 2. Supplies on hand total $1,200. 3. The equipment depreciates $400 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. )

Answers

Prepaid expenses are able to be categorized as a current asset because the business has already paid them even though it hasn't yet received the goods and services. By creating adjusting entries, prepaid costs are recognized.

Sr. No       Particulars                                       Debit                  Credit

1)            Insurance Expense                            $400

           Prepaid Insurance                                                           $400

2)           Supplies Expense                             $1800

                Supplies                                                                     $1800

3)       Deprecation Expense                            $400

    Accumulated Deprecation Equipment                                 $400

4)   Unearned Service Revenue                      $3560

           Service Revenue                                                            $3560

Calculation for Supplies expense is Supplies ($3000) minus Supplies on hand ($1200) and calculation for Unearned service revenue is Multiply Unearned service revenue ($8900) by two fifth (0.4). Entries of the month of March will be ready.

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When considering risk response development, passing risk to another party instead of changing it is known as ____________ the risk.A. diminishingB. avoidingC. escalatingD. transferringE. retaining

Answers

When considering risk response development, passing the risk to another party instead of changing it is known as transferring the risk. Option D is the correct answer.

The main objective of the risk response is to get the risk to an acceptable level or to eliminate the risk. The identified risk is then evaluated using a qualitative or quantitative approach, and risk response planning takes place. The response plan outlines how the risk will be addressed. The purpose of the plan is to identify the actions that will be taken to mitigate, eliminate, transfer, or accept the risk. Risk transfer is one of the strategies employed in the risk response plan.

Risk transfer is a risk mitigation technique in which the risk is shifted from one entity to another. The ownership of the risk is shifted to a third party or a contractual arrangement. An insurance policy is one of the most prevalent examples of transferring risk. An organization can obtain insurance coverage to transfer risk. If a company is concerned about the financial impact of losing a key staff member, for example, it might buy key person insurance to offset the financial loss in the event of a death or disability.

Option D is the correct answer.

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The liquidity premium is compensation to investors for: Select one: a. purchasing a bond in the secondary market b. acquiring a bond with an unfavorable tax status c. the lack of an active market wherein a bond can be sold for its actual value d. purchasing a bond that has defaulted on its coupon payments e. redeeming a bond prior to maturity

Answers

The liquidity premium is compensation to investors for: c. the lack of an active market wherein a bond can be sold for its actual value.

The liquidity premium is an additional yield or return that investors require for holding a bond that is less liquid or has a lower marketability. It compensates investors for the risk and inconvenience associated with holding a bond that cannot be easily sold in the market at its fair value. Bonds with lower liquidity may have wider bid-ask spreads, meaning there is a larger difference between the price at which investors can sell the bond (bid price) and the price at which they can buy the bond (ask price). The liquidity premium provides compensation to investors for bearing this liquidity risk.

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list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.

Answers

Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.

Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:

1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.

2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.

3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.

4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.

5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.

These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.

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Two or more groups that come together and act jointly with respect to some set of issues for some period of time are using the cooperative strategy of ______.

Answers

Two or more groups that come together and act jointly with respect to some set of issues for some period of time are using the cooperative strategy of  cost minimization  management approach.

What is Cost minimization about?

Cost minimization is known to be a kind of a financial strategy that is known to be used so as to be able to attain the most cost-effective means of  producing goods and services to the needed level of quality.

Note that  It is vital to remember that cost minimization is not about reducing quality  and as such, Two or more groups that come together and act jointly with respect to some set of issues for some period of time are using the cooperative strategy of  cost minimization  management approach.

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what statement best illustrates an example of economic specialist

Answers

The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone.
The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone."
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regional economic differences influence tax burdens, public services, and Each year banks typically offer a wide range of ____________ comprised of ______________________from a variety of different companies. Group of answer choices index funds; guaranteed equity investments mutual funds; a range of stocks index funds; capital gains from trading stocks mutual funds; a range of stocks or bonds Given f(x) =(4-x), what is the value of f(16)? a client seeks medical attention for new onset of weight loss and heat intolerance. which additional statements indicate to the nurse that the client is experiencing hyperthyroidism? select all that apply. which characteristic that is associated with advertising creates situations where marketers do not get a second chance to make an impression on recipients? the fed can put more reserves into the banking system by: a. lending to nonbanks b. selling government securities c. increasing the discount rate d. purchasing government securities Write the number in standard form: 9.110^-9 If you have the system y = 2x + 4 and y = 3x+ 2 then x equals? "The central practice of personal mastery involves learning to keep both a personal vision and a clear picture of current reality before us. Doing this will generate a force within ourselves called "Creative Tension." Tension, by its nature, seeks resolution, and the most natural resolution of this tension is for our reality to move closer to what we want. It's as if we have set up a rubber band between the two poles of our vision and current reality. People who are convinced that a vision or result is important, who can see clearly that they must change their life in order to reach that result, and who commit themselves to that result nonetheless, do indeed feel compelled. They have assimilated the vision not just consciously but unconsciously, at a level where it changes more of their behavior. They have a sense of deliberate patience--with themselves and the world-- and more attentiveness to what is going on around them. All of this produces a sustained sense of energy and enthusiasm . . . produces some tangible results, which can then make the energy and enthusiasm stronger." Who made that statement ? Complete the following statement. 4 T = lb. Who started the women's rights movement? PLEASE ANSWER if ABCD is a parallelogram find the value of unknown size of angle in the select clause, you can use the ____ symbol to indicate that you want to include all columns. What effect does physical activityhave on body composition? Another way to observe the linguistic changes in English over time is to consider the constant deviations in informal language and slang-changes that often are associated with specific generations. The cool, daddy-o' of the Beat generation in the 1940s and 1950s gave way to the 'groovy of the 1960s, each new generation finding its own slang. Soon the current use of 'on fleek will give way to even more modern language. (paragraph 3)Which phrase from the excerpt best provides a clue to the meaning of the word deviations? A. "linguistic changes" B. "specific generations" C. "the 1940s and 1950s" D. "more modern language" What material is made from the sap of a tree?A) GlazeB) JadeC) LacquerD) Porcelain Convert to slope intercept form 2x-3y=15 State the domain and range of the following relation. Is the relation a function? Write a letter to your friemd telling him about difficulties in interschool sports and games and how to resolve ig to avoid future occurrences