EG
Efren Garcia
Answers (6)
EG
Answered
Withholding or delaying bad news can be unethical,or even illegal.
On Jul 12, 2024
True
EG
Answered
Investment center managers are usually evaluated using performance measures
A) that combine income and assets.
B) that combine income and capital.
C) based on assets only.
D) based on income only.
E) that combine assets and capital.
A) that combine income and assets.
B) that combine income and capital.
C) based on assets only.
D) based on income only.
E) that combine assets and capital.
On Jul 10, 2024
A
EG
Answered
To avoid a conviction in a criminal prosecution under the securities laws, there must be at least a reasonable doubt that the defendant knew he or she was acting wrongfully.
On Jun 12, 2024
True
EG
Answered
When the level of activity decreases within the relevant range, the fixed cost per unit will:
A) decrease.
B) increase.
C) remain the same.
D) The effect cannot be predicted.
A) decrease.
B) increase.
C) remain the same.
D) The effect cannot be predicted.
On Jun 10, 2024
B
EG
Answered
The share of loss on realization is greater than the balance in partner capital
A) Deficiency
B) Realization
C) Proprietorship
D) Partnership
E) Mutual agency
F) Liquidation
G) Income-sharing ratio
H) Statement of partnership equity
A) Deficiency
B) Realization
C) Proprietorship
D) Partnership
E) Mutual agency
F) Liquidation
G) Income-sharing ratio
H) Statement of partnership equity
On May 13, 2024
A
EG
Answered
Explain the reason a company might use gross profit inventory method for valuing inventory.
On May 11, 2024
The gross profit method is often used when inventory is destroyed,lost or stolen.The cost of ending inventory is estimated by applying the gross profit ratio to net sales at retail.Companies may need an estimate of inventory to file a claim on a loss with its insurer.