A contingent liability A. ahways exists as a liability but its amount and due date are indeterminatie. B. is accrued even though not probable. C. is always the result of a gain contingency. D. is not reported as a liability if not probable.

Answers

Answer 1

A contingent liability: D. is not reported as a liability if not probable.

A contingent liability is a potential obligation that may or may not become an actual liability depending on the occurrence or non-occurrence of future events.

disclosed in the financial statements but not recognized as a liability unless it is probable (more likely than not) and the amount can be reasonably estimated.

Option D states that a contingent liability is not reported as a liability if it is not probable. This is because if the likelihood of the contingency occurring is remote, it does not meet the criteria for recognition as a liability.

Option A is in because a contingent liability does not always exist as a liability. It is a potential obligation that may or may not materialize.

Option B is in because a contingent liability is not accrued unless it is probable and the amount can be reasonably estimated.

Option C is in because a contingent liability is not always the result of a gain contingency. It can also arise from loss contingencies.

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Related Questions

Benton Company's sales budget shows the following expected total sales North January February March April Sales $17.NO 530,000 $43.000 $48.000 The company expect 80% of its sales to be an account credit sales Credit sales we collected as follows the month of sale and in the more for the same anderen uncollectible and written of The total cash receipts during April would be Multiple Choice 525200 $34.200 $4.904 O $34245

Answers

The total cash receipts during April would be $34,200.The correct option is O) $34245.

Benton Company's sales budget shows the following expected total sales North January February March April Sales $17.5 million $30 million $43.000 $48.000

The company expects that 80% of its sales to be on account credit sales.

Credit sales will be collected as follows: the month of sale and in the month following the sale.

Uncollectible accounts are written off.

The total cash receipts during April would be $34,200.

Calculations are as follows:S

ales for the month of April = $48,000

Credit sales 80% of total sales for April = $38,400

Credit sales collected in April (70%) = $26,880

Collection of March credit sales (30%) = $11,520 ($38,400 x 30%)

Total cash receipts = $38,400 - Uncollectibles, 2% of credit sales = $37,632 ($38,400 x 98%)

Collections from customers for cash sales = $1,568 ($48,000 - $38,400)

Total cash receipts = $37,632 + $1,568 = $39,200

The cash receipts from credit sales are $26,880 + $11,520 = $34,400.

The correct option is O) $34245.

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A fixed asset with a cost of $30,000 and accumulated depreciation of $28,500 is sold for $3,500. What is the amount of the gain or loss on disposal of the fixed asset?.

Answers

The amount of the gain or loss on disposal of the fixed asset is $2,000.

Gain or loss on disposal

First step

Book Value = Original Cost of Equipment - Accumulated Depreciation

Book Value = $30,000 -$28,500

Book value= $1,500

Second step

Gain=Sale Price -Book Value

Gain=$3,500-$1,500

Gain=$2,000

Inconclusion the amount of the gain or loss on disposal of the fixed asset is $2,000.

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The end goal of budgeting is to plan and ____ organizational finances successfully?

A. justify
B. control
C.explain
D.increase

Answers

Answer:

Explanation:

Controlling is another organizational goal

a firm sells its product in a perfectly competitive market where other firms charge a price of $120 per unit. the firm estimates its total costs as c(q)

Answers

To find the optimal quantity, we need to set TR equal to TC and solve for q. Therefore, 120q = c(q). Once we have this equation, we can solve it to find the value of q that satisfies it.

Sure, I'd be happy to help! In a perfectly competitive market, all firms charge the same price, which in this case is $120 per unit. The firm estimates its total costs as c(q), where q represents the quantity of units produced.

To determine the optimal quantity of units the firm should produce, it needs to find the quantity where its total revenue (TR) equals its total costs (TC). Total revenue is calculated by multiplying the price per unit ($120) by the quantity of units (q), so TR = 120q.

On the other hand, total costs are given by c(q). We don't have the specific form of the cost function c(q), but let's assume it can be expressed as a function of q.

To find the optimal quantity, we need to set TR equal to TC and solve for q. Therefore, 120q = c(q). Once we have this equation, we can solve it to find the value of q that satisfies it.

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money market discounts are quoted on a: a yield basis b percentage of par basis in 1/8ths c percentage of par basis in 32nds d percentage of par basis in 64ths

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Money market discounts are quoted on a percentage of par basis in 32nds. The correct option is C.

In the money market, short-term debt securities such as Treasury bills, commercial paper, and certificates of deposit are traded. These securities are typically issued at a discount from their face value (par value) and mature in less than one year. The discount is calculated as a percentage of the face value. The quotation convention for money market discounts is based on a percentage of par value in 32nds. This means that the discount is expressed as a fraction of 32nds of the face value. For example, if a Treasury bill is quoted at a discount of 16 in 32nds, it means the discount is 16/32 or 0.5% of the face value.

This quotation convention allows investors to compare and trade money market instruments based on their discounts and yields. It provides a standardized format for pricing and valuing these short-term securities in the money market.

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PLEASE HELP ECONOMIC

Paragraph 1 – Make a claim about the positive role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
Paragraph 2 – Make a claim about the negative role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
Paragraph 3 – Choose a side. Based on the evidence, which perspective do you agree with more? Write a paragraph to identify your position. Use evidence to explain your choice.

Answers

Paragraph three pesos boy

"Emergency contact must be someone other than the primary parent/guardian.", who should an emergency contact be?

Answers

Answer:

Emergency contacts must be someone other than a parent/guardian. If you submit a change in ParentVUE to add yourself or the child’s other parent/guardian as an emergency contact, it will be denied by school staff. Schools will always attempt to contact the parents/guardians first and will call emergency contacts only when parents/guardians are not available

Answer:

Emergency contact has to be someone other than your parents/guardians. You/your guardians should choose someone as emergency contact whom you can trust and is responsible. When your guardians will not be available, then the school stuff will contact the emergency contact. Emergency contact can't be you.

answer quick will give brainliest

Question #6
Multiple Select
In 2004, Dove launched the Campaign for Real Beauty. Its first ad featured a photo of women of all sizes and shapes in their underwear. The
campaign was huge success. Which of these statements explain why the campaign succeeded? (Select all that apply.)
The image was different from the thin, too perfect models usually seen in beauty ads.
The image implied that female consumers could not be beautiful without Dove products.
The image enabled female consumers to identify with the women in the ads.
The image gave the impression that all the models used Dove products,

Answers

Answer:

The image was different from the thin, too perfect models usually seen in beauty ads. The image enabled female consumers to identify with the women in the ads.

Explanation:

Dove's use of women of all sizes and shapes in their underwear was hailed as revolutionary because it was seen as a departure from the thin and perfect models that were often seen in such ads.

These had contributed to the hate that some women felt towards their bodies and Dove's message of body positivity really resonated as women were able to identify with the women in the ads unlike the previously 'perfect' models that had been used.

The result was a massive success as body positivity messages and campaigns were started and Dove benefitted from these in no small way by becoming one of Unilever's biggest brands.

Unlike the distinctive competencies of a company, the core capabilities of a company:
O a. are tangible and more visible.
O b. cannot be sustained for long without superior distinctive competencies.
O c. include things that the company can make, do..or perform better than its competitors.
O d. determine how efficiently inputs can be turned into outputs.

Answers

Option c. is correct: The core capabilities of a company include things that the company can make, do, or perform better than its competitors.

Distinctive competencies are unique strengths or advantages that a company possesses, which allow it to outperform its competitors in a particular area. Core capabilities are the key abilities, skills or processes that enable a company to deliver its products or services effectively and efficiently. While both are important for a company to succeed, core capabilities are often more fundamental to the company's operations and can provide a sustainable competitive advantage if leveraged correctly.

in order for an employee to be considered eligible for small group insurance, he/she must work at least how many hours per week

Answers

An employee must work at least 30 hours per week in order to be considered eligible for small group insurance.

In the majority of states, small-group health insurance refers to medical coverage that is obtained by companies with 50 or fewer full-time equivalent employees, with the intention of providing employees and their families with access to affordable medical care. Large employers are required by the Patient Protection and Affordable Care Act (ACA) to provide health insurance benefits to employees who work 30 hours or more per week in order to avoid employer penalties. The Patient Protection and Affordable Care Act provides different options for employers to measure the 30-hours-per-week threshold when an employee's hours vary from week to week.

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Why might a business owner prefer to start a business in a laissez-faire economy? A. because the government will offer incentives for new business owners B. because the government makes all decisions, it is easier for business owners C. because it does not include things like taxes, tariffs, or any type of regulation D. because it has financial regulations that benefit start-up businesses

Answers

Answer:

D. because it has financial regulations that benefit start-up businesses

Explanation:

In a laissez-faire economy, the government does not interfere with economic activities of such as production, consumption, or private contracts. The government focuses on enforcing law and order, providing public goods, and regulating activities in the country.

Starting a new business in a laissez-faire economy assures an entrepreneur of fair business practices due to government regulations. The business owner will be confident when entering into contracts as the government enforces them.

Answer:

The correct answer would be C

Explanation:

Laissez-faire doesn't include things like taxes, tariffs, or any type of regulation and that's why businesses like to start with Laissez-faire.

Digitoll is a digital content company with offices in four cities across the world. Recently, Digitoll began using Sammer, an enterprise service, that allows employees to connect with each other. The use of this service has enabled a sense of community within Digitoll by facilitating communication, collaboration, and knowledge sharing. Identify the management approach used by Digitoll.a. Relational dialecticsb. Cultivation analysisc. Systems thinkingd. Social business

Answers

Answer:

d. Social business

Explanation:

Social business can be defined as a strategic tool whose objective is to engage the stakeholders of an organization. That is, it is the internal and external online integration communities that combined will generate value for an organization, in addition to helping to achieve several advantages, such as creating value, integrating with work, innovation, exchange of knowledge, increased motivation , building stronger relationships, etc., which are significant advantages for positioning the company in the competitive environment and expanding its communication and positive perception of stakeholders.

how many white people said the n word

Answers

Answer:2,728,146,373,648,273,438,956,857,326,726

Explanation: I live on earth

Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.

Answers

Answer:

Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.

The Consumer Price Index is a way that the U.S. government measures ____.

Answers

Answer:

prices of all goods and services bought by US households

Explanation:

Show how to build the following functions using one or more 74 xx 138 binary decoders and NAND gates. Implement a Low active enable (a) F(X·Y,Z) = ?m (0.26.7) (b) F (AB,C.D) m (0.2,3,4,12,13)

Answers

a) F(X · Y, Z) = Σm(0, 2, 6, 7): In this case, we have two inputs, X and Y, and one output, Z. We need to implement the function F using a binary decoder and NAND gates.

b) F(AB, C · D) = Σm(0, 2, 3, 4, 12, 13): In this case, we have three inputs, A, B, and C, and one output, D. We'll use two binary decoders and NAND gates to implement this function.

(a) F(X · Y, Z) = Σm(0, 2, 6, 7):

In this case, we have two inputs, X and Y, and one output, Z. We need to implement the function F using a binary decoder and NAND gates.

Connect the inputs X and Y to the input lines of the decoder. The decoder should have three input lines (A, B, and C).

Connect the output lines of the decoder to NAND gates. The NAND gates' inputs will be combinations of X, Y, and their complements.

For each output line of the decoder, form the NAND gate inputs as follows: Take the complement of the corresponding output line and feed it into one input of the NAND gate, while the other input will be the Z input.

Take the output of each NAND gate and connect them together using a common bus to obtain the final output F(X · Y, Z).

(b) F(AB, C · D) = Σm(0, 2, 3, 4, 12, 13):

In this case, we have three inputs, A, B, and C, and one output, D. We'll use two binary decoders and NAND gates to implement this function.

Connect the inputs A and B to the input lines of the first decoder, which should have two input lines (A and B).

Connect the inputs C and D to the input lines of the second decoder, which should also have two input lines (A and B).

Connect the output lines of the first decoder to the inputs of NAND gates, where one input of each NAND gate will be the C input.

Connect the output lines of the second decoder to the inputs of additional NAND gates, where one input of each NAND gate will be the D input.

Combine the outputs of the NAND gates from both decoders using additional NAND gates. Each NAND gate will have two inputs, which are combinations of the outputs of the previous NAND gates.

Take the output of each final NAND gate and connect them together using a common bus to obtain the final output F(AB, C · D).

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The United States enjoys a free market economy in which _____.
(A)most economic decisions are made by the central government
(B)the states have all of the authority to make economic decisions regarding businesses that do not operate across state lines
(C)most economic decisions are allowed to occur naturally as a result of market changes made by government intervention
(D)none of the above
(E)all of the above

Answers

The answer is all of the above

the difference between total revenue and total expenses when total expenses are greater.

Answers

Answer:

Net Loss

Explanation:

PLEASE HELP!!!!!! Click this link to view O*NET’s Wages and Employment section for Farmworkers and Laborers, Crop.

According to O*NET, what is the projected growth for this career between 2019–2029?

slower than average

decline

little or no change

average

Answers

Answer:

average

Explanation:

Between 2019 and 2029, this career's anticipated growth is ordinary. Thus, option (D) is correct.

What is growth?

The term "growth" describes an increase in the size and mass of an organ or a body. Cell division and an increase in intracellular material are the usual mechanisms. Development is the maturing of an organism's physiological and functional systems.

The rate of the projected growth of something based on information presently available: One of the few significant commodity firms with a forecasted growth rate of up to 14% is the company.

Therefore, Thus, option (D) is correct.

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Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?

Answers

Answer:

Option A

Explanation:

The complete question is

a) 2 hours

b) 1 hour

c) 1 hour and 40 minutes

d) 90 minutes

Solution

There are four lanes.

Capacity of one lane is equal to 1,000 vehicles/lane/hour.

Let us say that each lane will provide access to equal number of vehicles

Thus, each lane will allow 10,000/4 = 2500 vehicles per hour

Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.

The nearest answer to this option A i.e two hours

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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The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?

Answers

Answer:

Explanation:

In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.

What is an advantage of investing pre-tax dollars in a retirement account?

Answers

One advantage of investing pre-tax dollars in a retirement account is that it can lower your taxable income in the year you make the contribution.

By reducing your taxable income, you also lower your tax bracket, which can have a significant impact on the amount of taxes you pay. Additionally, since the investment grows tax-free within the account, you can potentially accumulate more savings over time, as compared to investing in a taxable account. Another advantage is that many retirement accounts offer tax-deferred growth, meaning that you do not have to pay taxes on any investment gains until you withdraw the funds in retirement. This can result in a larger nest egg, since you are able to reinvest the earnings and allow them to grow tax-free for many years. Overall, investing pre-tax dollars in a retirement account can help you save on taxes, accumulate more savings, and potentially increase your retirement income.

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EFT, Inc. EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees and no one person on these teams has a specifically assigned position. Instead, employees lead each other as the occasion arises so there is no formal hierarchy or organizational chart. This type of leadership is most effective when:

Answers

Answer:

This question is incomplete, the options are missing and the final sentence is written wrong.

The options are the following:

a) People-oriented leadership

b) Managerial leadership

c) Shared leadership

d) Servant leadership

And the correct answer is the option C: Shared leadership

That type of leadership is known as Shared leadership.

Explanation:

To begin with, the "Shared leadership" is the name given to a style of leadership that is used in the companies with the purpose of letting the members of a team to work together as there were no leader at all but instead every member lead each other as the occassions arises and the project goes on. Therefore that this style matches with the description given in where the team members help each other to resolve the situations that evolve as long as the project keeps to continue.

Henry’s original plan was to visit Duque de Caxias, Campinas, Rio de Janeiro, and Guarulhos. However, he only has R$699 to spend, so he cannot afford to use his original itinerary. Which of the following changes will be the cheapest swap Henry can make and still come in under budget? a. Replace Duque de Caxias with Salvador. B. Replace Duque de Caxias with Fortaleza. C. Replace Rio de Janeiro with Porto Alegre. D. Do not visit Guarulhos.

Answers

The swap that should be the cheapest swap for Henry should be to Replace Duque de Caxias with Fortaleza.

The answer to this question is option B.

Why Henry has to make this swap.

The reason why this swap is the best is because visiting Fortaleza is more within the budget that he has.

If he sticks to the original plan, he would be needing more funds for the trip that he intends to make.

Answers

From the analysis the best process capability process are B and C because it has the ratio value greater than 1.33 which is considered as standard capability index or value. The calculation is shown in the attached image below.

The standard capability index is a statistical measure used to assess the capability of a process to meet specification limits. It is often denoted as Cpk.

Cpk takes into account both the location and the variability of the process relative to the specification limits. It is calculated by comparing the distance between the process mean (centered on the target value) and the nearest specification limit, to the spread of the process variation.

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The image of complete question is shown in the attached image below.

Suppose your manager presents you with the following information about machines that could be used for

The macroeconomy is depicted by the graph to the right a. Suppose that AD has changed due to higher real interest rates Using the line drowing tool draw this new line and label Carefully follow the instructions above, and only draw the required objects b. The new short-run equilibrium price level has and real GDP has Price level c. Thus, in the short run it is to produce below the full employment d. The cost of producing below the full employment level of real GDP is

Answers

Hi! In the macroeconomy, when real interest rates are higher, it can lead to a decrease in aggregate demand (AD). This is because higher interest rates make borrowing more expensive, which can reduce investment and consumption.

a. To represent this change graphically, you would draw a new AD line shifted to the left of the original line, indicating a decrease in aggregate demand. Label this new line as AD'.

b. The new short-run equilibrium price level has decreased, and real GDP has also decreased.

c. In the short run, it is common for an economy to produce below the full employment level due to factors like higher interest rates or other shocks to the economy.

d. The cost of producing below the full employment level of real GDP is referred to as an output gap. This can lead to higher unemployment rates, lost potential output, and reduced economic growth.

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Your real income is Multiple Choice The amount of money you receive during a given time period. Measured in current dollars. The purchasing power of the money you receive. The same as your nominal income in times of high inflation.

Answers

Your real income is b. the purchasing power of the money you receive is your real income.

Income refers to the amount of money earned by a person or household, received by an individual or family through various means such as employment, investments, business ventures, or other sources of revenue. Income can be classified as real or nominal. Nominal income is the amount of money earned by a person or household in current dollar terms. Inflation can have an impact on nominal income.

Real income, on the other hand, refers to the purchasing power of the money earned, which is the amount of goods or services that can be purchased with the earned income. Real income is adjusted for inflation, which takes into account the changes in the cost of living and the value of the currency over time.The purchasing power of the money you receive is your real income.

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We best learn from other people's struggles, successes, and stories.
True
O False

Answers

Answer:

true bhe

Explanation:

syempre natututo rin tayo sa mga pagkakamali ng iba dahil sa pagkatuto natin alam na natin yung gagawin natin para maiwasan ang pagkakamali nila.

Answer:

true

Explanation:

If all players play their best responses, then the corresponding strategy profile must be a nash equilibrium.
A. True
B. False

Answers

Answer:

False

Explanation:

Nash Equilibrium is when all players maintain their strategy for the entire game, and thus cannot gain a competitive advantage by changing strategies mid-game. If the question was worded "If all players must play their best responses, then the corresponding strategy profile must be a Nash equilibrium."

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