The job order cost system from a service business excludes material and supplies inventory. Thus, the correct answer is A.
What is a job order cost system?Customers who order little where each batches of goods use a mechanism called job order costing. With the help of this system, the cost of each product is determined.
In this system, it is to make sure that it is affordable enough for customers to buy while also generating a profit for the business. It includes cost of services applied, overhead and work in progress.
Therefore, the option A materials and supplies is the appropriate answer.
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If an economy with C = $5000 + 0.6Yd, I = $1000, G = $800, T = $1000, NX = $-200, where the dollar amounts are in millions of dollars, both government spending and taxes are raised by $200 million, what will be the change in equilibrium income (in millions)?
A) $200
B) $100
C) $0
D) $-200
E) None of the above
Answer:
Y = 15,500
Explanation:
If government spending increased by $200 million
Y = C + I + G + NX
Y = 5,000 + 0.6(Y-1,000) + 1,000 + (800+200) - 200
Y = 5,000 + 0.6(Y-1,000) + 1,000 + 1,000 - 200
Y = 5,000 + 0.6(Y-1,000) + 1,800
Y = 5,000 + 0.6Y-600 + 1,800
Y = 6.200 + 0.6Y
Y - 0.6 Y = 6,200
0.4 Y = 6,200
Y = 6,200 / 0.4
Y = 15,500
Therefore, change in equilibrium income (in millions) is $500
Answer:
A
Explanation:
200
Loco for Cocoa, Inc.'s inventory activity in May was as follows:
$/Unit Quantity
Inventory, May 1 4 10
Puchase, May 7 5 20
Goods Available for Sale
Sale, May 18 10 25
Show the activity in Loco for Cocoa's inventory T account using the above information and assuming the company uses FIFO. Select "Blank" for the side opposite the beginning and ending inventory balances.
-
1.
-
2.
-
3.
-
4.
-
5.
-
6.
A.
$115
B.
$250
C.
$5
D.
$255
E.
$100
F.
$20
G.
$25
H.
$40
I.
Blank
J.
$10
K.
$120
The activity in Loco for Cocoa's inventory T account, assuming FIFO, would be as follows: Beginning Inventory: $40
Purchase: $100
Goods Available for Sale: $140
Sale: $100
Ending Inventory: $40. Therefore, the correct answer would be option H: $40.
To determine the activity in Loco for Cocoa's inventory T account using the FIFO method, we follow the order of the inventory transactions.
Beginning Inventory: The inventory on May 1 is given as 10 units at a cost of $4 per unit, totaling $40.
Purchase: On May 7, Loco for Cocoa purchases 20 units at a cost of $5 per unit, totaling $100. This is added to the beginning inventory.
Goods Available for Sale: The total inventory available for sale is the sum of the beginning inventory and the purchase, which amounts to $40 + $100 = $140.
Sale: On May 18, Loco for Cocoa sells 10 units from the available inventory. As per the FIFO method, the cost of goods sold is calculated based on the earliest (oldest) units in inventory. Since the beginning inventory is sold first, the cost of goods sold is $4 per unit, totaling $40.
Ending Inventory: The remaining inventory after the sale consists of the remaining 10 units from the purchase. Therefore, the ending inventory is valued at $5 per unit, totaling $50.
Based on the above calculations, the activity in Loco for Cocoa's inventory T account, in terms of the dollar amounts, would be: Beginning Inventory: $40, Purchase: $100, Goods Available for Sale: $140, Sale: $100, Ending Inventory: $40. Therefore, the correct answer would be option H: $40.
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100 Points! Please responde ASAP!!!
How did Marcus Samuelsson’s race and background impact him (in positive and negative ways) during his career?
Why did Samuelsson immediately appreciate New York City?
What bold decision did Samuelsson make regarding the menu for President Obama’s first state dinner?
In what ways did Samuelsson analyze how to best open his new restaurant, the Red Rooster, and how did this help the area?
Answer:
Who is Marcus Samuelsson’s anyways?
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per month in revenue from the tax. The deadweight loss from the tax is ____________
Answer:
the deadweight loss from the tax is $125
Explanation:
The computation of the deadweight loss from the tax is shown below:
After tax quantity is
= $750 ÷ $5
= 150 widgets
And, the deadweight loss from tax is
= 0.5 × [$5 × (200 - 150)]
= $125
Hence, the deadweight loss from the tax is $125
The same would be considered and relevant too
Which portion would not be part of an investment portfolio? ( A ) A SAVINGS 529 PLAN ( B ) Equity investments in a company ( C ) a saving account ( D ) Commodities funds I picked ( A ) and it was wrong but when I checked 5.07 Unit Test: Saving and Investing Quiz flashcards it says ( a ) so where I go wrong. plus i got number 1 wrong to it says . ( 1 ) Which situation is a good reason to have a financial reserve that's larger than normal?
, having a large monthly car payment, ,
being able to find another job quickly if needed - I picked this one wrong again but the flash card said its this one
having mostly discretionary expenses
having an income that is fairly predictable
The portion that would not be part of an investment portfolio is : ( C ) a saving account
The situation that is a good reason to have a financial reserve that's larger than normal is: A. Having a large monthly car payment.
Which portion would not be part of an investment portfolio?1. Option C, a saving account, would not be part of an investment portfolio as it is a basic bank account that offers low interest rates and is typically used for saving money rather than investing.
The other options, A, B, and D, are all investment options that can be included in an investment portfolio
2. Having a large monthly car payment is a situation that would warrant having a financial reserve that's larger than normal. This is because the car payment is a fixed expense that must be paid every month, and in the event of a financial emergency or unexpected expense, having a larger financial reserve can provide a cushion and prevent defaulting on the car payment.
It is always a good idea to have a financial reserve that can cover at least three to six months of expenses, regardless of the specific situation.
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Scheduling optimization systems used in retail stores typically track customer traffic in 4-hour time increments. a)true. b)false
Retail businesses frequently utilize scheduling optimization systems that track consumer flow every four hours. The statement is false.
The practice of making sure every activity or action in a schedule is in line with your ultimate aim is known as schedule optimization. Both people and companies can utilize schedule optimization to maintain their top priority (or priorities) in the forefront when scheduling the completion of tasks.
Schedule optimization is frequently used by delivery businesses to ensure that a delivery route is planned with the least amount of distance (and consequently lowest fuel cost). To ensure that a child's after-school schedule gives priority to finishing homework and/or going to bed on time, parents frequently utilize schedule optimization.
While we frequently manage our schedules in our personal lives without even recognizing it, it takes a little more work to do it in the workplace.
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an oddly-shaped piece of property would probably be described using this (fill the blank) method of land description
The compltete sattemet is "an oddly-shaped piece of property would probably be described using this Metes and Bounds method of land description"
What is Metes and Bounds?Generally, A technique or approach that is used to describe land, real property, or real estate is known as "metes and bounds." In England, the defining of general borders is still done using a technique that has been in use for many centuries and is still employed in that country.
The "metes" and "bounds" are the two components that are used to characterize each and every line or course.
The perimeter of the parcel may be calculated using the metes, which is the mathematical representation of the property lines that have been stated. It is necessary to reference the boundaries in order to explain what elements each line is constrained by.
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The House manufacturers two different skateboard models. The company produces products using standardized production runs. The company does very little product customization. The House uses what type of technology structure? Question 10 options: Service production Mass production Large-batch production Small-batch production Continuous process production
Answer: Mass production
Explanation:
Since the products produced by the company uses standardized production runs and very little product customization, the type of technology structure used is mass production.
Mass production refers to production of of large quantities of products which are standardized usually by using automation technology or assembly lines. Mass production brings about the efficient production of a huge amount of similar products.
Xavier is developing a media plan to derive maximum results from his media expenditures. Xavier is using _______ to go beyond human ability to make media decisions by matching the target audience to the right media selection for an effective plan.
Based on the fact that Xavier is using a media plan and want so get the best results, he makes use of artificial intelligence to make the best decisions.
What is Artificial Intelligence?This refers to the use of computer systems that are able to perform tasks without human command such as speech recognition, decision-making, etc.
Hence, because we are told that Xavier is going beyond human ability with his media decisions to control his expenditures, we can infer that he is making use of artificial intelligence.
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
The management of Unter Corporation is considering an investment with the following cash flows:
Year 1: $50,000
Year 2: $70,000
Year 3: $80,000
Year 4: $90,000
Year 5: $100,000
To assess the investment's attractiveness, the management should evaluate its potential return and the time value of money. One approach is to calculate the investment's net present value (NPV), which considers the discounted value of future cash flows.
Assuming a discount rate of 10%, the present value (PV) of each cash flow can be calculated using the formula: PV = CF / (1+r)^n, where CF is the cash flow, r is the discount rate, and n is the number of years.
Calculating the PV of each cash flow:
PV1 = $50,000 / (1+0.10)^1 = $45,454.55
PV2 = $70,000 / (1+0.10)^2 = $57,851.24
PV3 = $80,000 / (1+0.10)^3 = $62,809.92
PV4 = $90,000 / (1+0.10)^4 = $66,115.70
PV5 = $100,000 / (1+0.10)^5 = $67,488.71
Summing up the present values:
NPV = PV1 + PV2 + PV3 + PV4 + PV5 = $300,720.12
The calculated NPV of $300,720.12 indicates that the investment is financially attractive. A positive NPV implies that the investment's expected returns exceed the initial cost, considering the time value of money. Therefore, Unter Corporation's management should proceed with the investment, as it is likely to generate a favorable return and contribute to the company's financial growth. However, it is crucial to consider other factors such as market conditions, competition, and strategic alignment before making a final decision.
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Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT
The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
What are accounting systems?Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.
If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.
It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
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Answer: The loss of trust in the accounting profession
Explanation: believed the other person aaaannnnnddddd got it wrong
ж I NEED HELP!
Read the whole question Before answering!
Q. Imagine you are a fashion designer. Research on how to start your own fashion clothing brand.
Write down the process you need to follow to start your own fashion clothing brand.
Think about the conditions one has to meet to ensure the quality of the clothes (manufacturing and the cost of clothes).
If possible draw the flow chart to describe the steps, which will be taken by the fashion designer (or you) in making a decision.
I might give Brainliest to the one who answers correctly along with the flow chart.
The process you need to to start a fashion clothing brand.
Fist step is to recognized the fashion need in the market. Create your business plan. Know your specific audience. Start drawing and then designing the clothlook for a good clothing makerChoose and Make a brand name, logo, etc.Set a target price and start marketing/distribution process..What is Clothing Brand?This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
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briefly describe the risk and the negative impact of outsourcing in information systems operations.
Outsourcing in information systems operations poses risks and negative impacts.
Outsourcing certain aspects of information systems operations can introduce risks and negative impacts for organizations. When companies choose to outsource their IT operations to external service providers, they relinquish direct control over critical functions and sensitive data. This lack of control can lead to potential risks such as compromised data security, loss of intellectual property, and reduced service quality. Additionally, outsourcing can result in a loss of in-house expertise, limited flexibility in responding to changing business needs, and difficulties in managing vendor relationships. These factors can have a detrimental impact on the organization's overall performance and productivity.
Outsourcing information systems operations exposes the organization to the risk of compromised data security. By entrusting sensitive data to external providers, the company may face increased vulnerability to data breaches, unauthorized access, or data leaks. This can lead to reputational damage, legal implications, and financial losses.
Furthermore, outsourcing can result in a loss of in-house expertise. When key IT functions are outsourced, the organization may rely heavily on the expertise of the external vendor, which can limit the development and retention of internal knowledge and skills. This dependence can hinder the organization's ability to adapt to technological advancements or address complex IT issues promptly.
Managing vendor relationships also poses a challenge when outsourcing. Organizations may face difficulties in ensuring service quality, maintaining effective communication, and enforcing contract terms. Lack of alignment between the organization's goals and the vendor's priorities can lead to conflicts, delays, and subpar performance.
In conclusion, while outsourcing information systems operations can offer benefits such as cost savings and access to specialized skills, it also carries risks and negative impacts. Companies must carefully evaluate the potential risks and develop robust strategies to mitigate them, ensuring that the benefits of outsourcing outweigh the associated drawbacks.
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Which of the following statements is a strong reason for giving credit to sources of data in a formal business doccument
Answer:
It shows you have done solid research to back up your conclusions.
Multiple choice options for this question are as follows: online source
A). It shows you have done solid research to back up your conclusions.
B). Readers of a business document do not pay attention to sources
C). Giving credit is easier than treating others' ideas as your own
D). It is a requirement of MLA and APA styles
Explanation:
Giving credit to your sources is a phrase that refers to Referencing or citing the source of your information. It is important to the reader or user of the document because they can always go back and verify the data's accuracy. Referencing also leaves a trail that can be used to see the views and opinions of other business people or researchers .
Giving credit to your sources in a formal business document shows you took the time to research the subject matter. It gives the impression that you can relate your ideas to the views of other professionals in the industry.
Answer:
A). It shows you have done solid research to back up your conclusions
Explanation:
How education is medium to enhance the ability of human beings?
A graph of the rate of inflation in the United States over the twentieth century shows: a constant rate of inflation in the first half of the century followed by an upward trend in the second half an overall upward trend interrupted by a large downturn in the 1930s. O a relatively steady, positive level throughout the century except for deflation in the 1930s. some periods of deflation mixed with mostly positive rates of inflation before 1955 but only positive rates of inflation after 1955.
A graph of the rate of inflation in the United States over the twentieth century shows: An overall upward trend was broken by a severe downturn in the 1930s.
A graph of the rate of inflation in the United States over the twentieth century would show an overall upward trend interrupted by a large downturn in the 1930s, also known as the Great Depression. In the first half of the century, there was a relatively steady, positive level throughout the century except for deflation in the 1930s. However, the rate of inflation began to rise in the post-World War II period, reaching high levels in the 1970s before moderating in the 1980s and 1990s. The Great Recession of 2008 had an effect on the inflation rate as well.Inflation is a measure of the rate at which the general level of prices for goods and services rises, resulting in a decline in purchasing power.
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which of the following is not included in factory labor costs? gross earnings. employer payroll taxes. fringe benefits. all of these are included.
Factory labor costs encompass a variety of expenses related to the compensation of workers in a manufacturing setting. The given options - gross earnings, employer payroll taxes, and fringe benefits - are all components of factory labor costs.
Gross earnings refer to the total amount of money paid to employees before any deductions, such as taxes and benefits, are made. This includes wages, salaries, overtime pay, and other forms of direct compensation.
Employer payroll taxes are taxes that the employer is responsible for paying on behalf of their employees. These typically include Social Security and Medicare taxes, unemployment insurance contributions, and other government-mandated levies.
Fringe benefits are non-wage compensation provided to employees, such as health insurance, retirement plans, paid time off, and other perks that can enhance a worker's overall compensation package.
In summary, none of the listed items can be excluded from factory labor costs, as they are all integral components of the total cost of employing factory workers.
Consequently, the correct answer is "all of these are included" in factory labor costs.
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Though the percentages are not always the same, a general rule in business says that the large majority of a firm’s sales come from what percentage of its customers?.
Though the percentages are not always the same, a general rule in business says that most of a firm’s revenues come from 20 percent of its customers.
The 80/20 or Pareto rule
What is Pareto's principle?According to the Pareto principle, 20% of causes account for about 80% of the consequences for many outcomes (the "vital few"). This rule is also known as the 80/20 rule, the law of the vital few, or the factor sparsity principle.
For a specific set of parameters, a power law distribution, commonly referred to as a Pareto distribution, can be used to approximate the 80/20 rule mathematically. Power law statistics govern the distribution of many occurrences in nature. A business management proverb states that "80% of sales originate from 20% of customers."
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Which of the following is a reason that marketing to Hispanics has proven to be a challenge?
Hispanics don't consider advertising a credible source of product information.
Hispanic communities are spread across the entire country and therefore are difficult to target.
The Hispanic subculture is diverse.
Hispanics prefer imports to American-made products; they tend to be ethnocentric in their product preferences.
Assimilation is valued and the Hispanic community finds cultural target marketing offensive.
Marketing to Hispanics has proven to be a challenge is that the Hispanic subculture is diverse.
Hispanic communities are spread across the entire country, making them difficult to target effectively. Additionally, some Hispanics may not consider advertising a credible source of product information, and others may prefer imports to American-made products. Finally, assimilation is valued in the Hispanic community, and some may find cultural target marketing offensive.
Marketing to Hispanics can be challenging due to the diversity within the Hispanic subculture. This means that there are varying preferences, traditions, and values among different groups, making it difficult to create a unified marketing approach that resonates with all.
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Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
Q1: You are trying to decide whether to use the GDP deflator or the CPI to calculate the inflation rate in an economy. You will decide to use the CPI if
a: you want to make sure you include all goods and services captured in GDP
b: you are only concerned about prices that firms face
c: you are only concerned about prices consumers face
d: you want to make sure you include all transactions that take place in the economy
You will decide to use the CPI if You are only concerned about prices consumers face. The correct answer is option c.
The Consumer Price Index (CPI) measures the changes in prices that consumers face when purchasing goods and services. It includes a basket of goods and services that are typically purchased by households. The CPI is used to calculate the rate of inflation in an economy.
The GDP deflator, on the other hand, measures the overall price level in an economy, including prices faced by both consumers and producers. It is used to adjust the nominal GDP for inflation to calculate the real GDP.
Therefore, if you are only concerned about the prices that consumers face, you should use the CPI to calculate the inflation rate in the economy. The correct answer is option c.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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1. Clark is the kind of manager that values input from his team and likes to involve them in the decision-making process. He prefers to avoid micromanagement and works hard to make
sure that his employees are well taken care of and empowered to make decisions. Based on this, what kind of manager is Clark?
reductive manager
exploitative manager
о
confrontational manager
democratic manager
Answer:
democratic manager
Explanation:
A democratic manager invites participation from members in the decision-making process. In this leadership style, every member is encouraged to contribute their ideas and opinions. Members' involvement leads to increased feelings of recognition and satisfaction.
Democratic leadership is also referred to as participative leadership. It contrasts with autocratic leadership, where the leader makes all the decisions without consultation.
In which tab can you find features like New Slide, Slide Layout, and Reset Slide?
Answer:
in a techniol up coming
Swenson Motors has total debt of \( \$ 682,000 \) and a debt-equity ratio of \( 0.65 \). What is the value of the total assets?
If Swenson Motors has total debt of \( \$ 682,000 \) and a debt-equity ratio of \( 0.65 \). The value of the total assets is $1,049,230.77.
Debt of $682,000 and a debt-equity ratio of 0.65. We are to calculate the value of the total assets. To identify the value of total assets, we can use the Debt-asset ratio formula which is;
Debt-Asset ratio = Total Debt / Total Assets
We can rearrange this formula as follows;
Total Assets = Total Debt / Debt-Asset ratio
We know that the debt-equity ratio is the same as Debt-Asset ratio because the sum of debts and equity is equal to the total assets, thus;
Debt-Asset ratio = Debt / Total Assets + Equity / Total Assets = Debt + Equity / Total Assets = Debt-equity ratio
Therefore, we can re-write the above formula as follows;
Total Assets = Total Debt / Debt-Equity ratio= 682,000 / 0.65= $1,049,230.77
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Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
Which of the following is not a factor that indicates a business enterprise that establishes a variable interest entity (VIE) should consolidate such VIE with its own financial statements?
a. The business enterprise establishing a VIE has the obligation to absorb potentially significant losses of the VIE.
b. The business enterprise establishing a VIE receives risks and rewards of the VIE in proportion to equity ownership.
c. The business enterprise establishing a VIE has the right to receive potentially significant benefits of the VIE.
d. The business enterprise establishing a VIE has power through voting rights to direct the entity's activities that significantly impact economic performance.
e. The business enterprise establishing a VIE is a primary beneficiary for the VIE
Factor b, indicates that the business enterprise receives risks and rewards of the VIE in proportion to its equity ownership.
This factor suggests that the business enterprise has a passive investment in the VIE rather than control or significant involvement. As a result, this factor does not indicate the need for consolidation of the VIE with the business enterprise's financial statements.
Factors a, c, d, and e are all indicators that a business enterprise should consolidate a variable interest entity (VIE) with its own financial statements. These factors align with the criteria outlined in accounting standards such as ASC 810 in the United States.
Hence, the correct answer is b. The business enterprise establishing a VIE receives risks and rewards of the VIE in proportion to equity ownership.
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what is company and what is the difference between a private and public company
Answer:
Private is only you can see it and public is anyone can see it
Explanation:
What health issue did Feiler face that led him to consider his family?
What position would be the highest in a company's hierarchy?
A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant
Answer: D. Finance administrative assistant
Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job