It is a two-step transfer of rights under a contract: (1) An agreement made between just two parties. (2) One of the parties' later transfer of rights under such agreement to a third party.
What is an assignment?A contract's rights are transferred in two steps as follows: A deal that involves just two parties, (1) (2) Later transfer to a third party by one of the parties of rights under that agreement.
When rights are assigned, they are given from the "assignor" to the "assignee," with the former serving as the new owner. Some additional rights and obligations that come with the assignment are decided by the legal structure of the assignment and the contractual clauses of the agreement between the parties.
It is not required that the assignment be made in writing, but the agreement for the assignment must indicate the transfer of rights.
Therefore, the statement is false.
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what is the job title for a professional who visits spas and salons to ensure compliance with state regulations and standards?
The answer is State licensing inspector.
How do I emerge as a licensed inspector in Florida?The Florida Department of Business and Professional Regulation (DBPR website for home inspectors) requires folks to complete 120 hours of state-approved training, ignore a nation exam, and submit an application to the state. InterNACHI has a state-approved pre-licensing route and a state examination available.
How plenty does it price to come to be a licensed domestic inspector Florida?Step One: Complete a country of Florida permitted domestic inspection coaching path that is at least one hundred twenty hours in length. Our $695 on line home inspection path is fully approved to fulfill this requirement. Our Florida approved issuer number is 006006 and our direction approval variety is 0000528.
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https://brainly.com/question/17211230#SPJ4an organization wants to measure everything as part of its new devops philosophy. what should the organization measure?
Reliability and system health should be the organization's benchmarks.
What is devops philosophy?DevOps is essentially about breaking down barriers between development and operations, two teams that have historically operated in separate silos. Even without separate development and operations teams, engineers may do both tasks in some businesses."DevOps" refers to the collaboration between software developers and operations (ops). It is described as a software engineering approach that attempts to combine the activities of software development and software operations teams by promoting a culture of collaboration and shared accountability.Continuous improvement is heavily emphasized in a DevOps culture in order to reduce waste, optimize for speed, affordability, and simplicity of delivery, and continuously enhance the provided goods and services. Therefore, experimentation is a crucial activity to implant and create a method of learning from mistakes.To learn more about devops philosophy refer to:
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adrian is a production engineer at wired manufacturing. he recently joined a team of specialists from other departments in the business, such as marketing and finance. this long-term team assignment has developed several new products. adrian enjoys working in this environment, partly because wired's management has given the team the freedom and flexibility to make decisions. recently, outsiders from the firm's major distributors and suppliers have been included on the team. it appears that adrian's team is a(n)
it appears that adrian's team is a cross-functional self-managed team.
A functional team and a cross-functional team have different roles. What's the difference?Every team member on a functional team carries out duties related to the department's function. Teams in a company that come from several departments yet collaborate to achieve a shared objective are known as cross-functional work teams. Business processes can be managed across functional lines through a practise called cross-functional management, or CFM. To support the objectives of the organisation, it comprises of managers cooperating with one another. It adopts a horizontal and vertical perspective, organises functions to foster synergy, and offers leadership that fosters expertise.
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Which of the following is an effective way to deal with change and innovation?
A. Insist on success
B. Increase work rules and hierarchy
C. Copy others' successes
D. Have the courage to follow your ideas
E. Jump right into it
Insist on success of the following is an effective way to deal with change and innovation.
The correct option is A.
How a business is innovative?Innovation is the creation of novel approaches to problems. Processes may be altered, or you can develop ideas and products that are more useful. Saving time and money is possible with innovation. Additionally, it's essential for giving your company a competitive edge and fostering a culture of originality and problem-solving.
What is innovation's primary goal?The purpose of innovation is to develop new concepts and tools that boost output and value while using the same input while increasing productivity. The aforementioned Stanford research claims that up to 85% of all economic development has been attributed to innovation.
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Matching Question Match the following terms to the appropriate definitions Instructions Promissory note Principal |||| Interest Maker Payee Matunity date Rate your confidence to submit your answer. High Modium Low Day that the principal and interest must be paid Charge from using money loaned from one entity to another Written promise to pay a specified amount of money One who signed the note and promised to pay at maturity The person to whom the note is payable Amount that the signer agrees to pay back, not including interest
They match the following terms to the appropriate definitions.
Promissory note- Written promise to pay a specified amount of moneyPrincipal - Amount that the signer agrees to pay back, not including interestInterest- Charge from using money loaned from one entity to anotherMaker -One who signed the note and promised to pay at maturityPayee - The person to whom the note is payableMaturity date - The day that the principal and interest must be paidWhat is the definition?A definition of any word is a detailed description defining the accurate meaning to the reader in order to gain information and understand the meaning to utilize in vocabulary and used in any sentence.A promissory note is a formal loan agreement that states the borrower pledges to pay the creditor a specific sum of money within a specific amount of time.A promissory note is a legal, financial tool declared by a party, promising another party to pay the debt on a particular day. It is a written agreement signed by drawer with a promise to pay the money on a specific date or whenever demanded.To learn more about promissory note refers to;
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carlson city's fiscal year ends december 31. on august 1, the city issued a purchase order for new vehicles to be delivered at the rate of 2 per month over a period of 6 months beginning october 15. twelve vehicles were delivered as scheduled, 6 during the current fiscal year, and the remainder by march 15. total payments of $264,000 were made. the city honors all open encumbrances at year end. if these were the only transactions made by the city, what will the following account balances be as of december 31?
The fiscal year of Carlson City concludes on December 31. The city issued a purchase order on August 1 for two new cars to be delivered each month starting on October 15. The city council, the highest level decision-maker for the entity, had the authority to make this transaction.
What month of December?
The 12th and last month in our current Gregorian calendar is December (as it was in the preceding Julian calendar).
But initially, it was the tenth month of the Roman calendar (until 153 BC). Decem, which means "ten" in Latin, is where the term "December" originates.
The Roman calendar only had ten months, and it started in March. Since it was not a busy time for the military, agriculture, or public life, the winter season was not even given months.
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the journal entry to adjust merchandise inventory when beginning merchandise inventory is $125,000.00 and ending merchandise inventory is $115,000.00 would be
The journal entry is Debit Merchandise Inventory for $10,000.00, Credit Loss on Inventory for $10,000.00
The adjustment for the Merchandise Inventory is done to ensure that the balance sheet reflects the correct value of inventory at the end of the accounting period.
To record the adjustment, a debit is made to the Merchandise Inventory account for the $10,000.00 decrease and a credit is made to the Loss on Inventory account for the same amount. This ensures that the inventory is recorded at the correct amount and that the balance sheet matches the physical inventory.
The debt to the Merchandise Inventory decreases the asset balance and the credit to the Loss on Inventory account increases the balance of the account. The balance of both accounts will be the same after the adjustment is made.
The debit to Merchandise Inventory also reduces the net income for the period since inventory is considered an expense and the credit to Loss on Inventory increases the net income. In summary, the journal entry for the adjustment is a debit to Merchandise Inventory for $10,000.00 and a credit to Loss on Inventory for $10,000.00.
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Bob has been an employee at Spex Technologies for 15 years and is considered to be an essential part of the company running smoothly. Spex Technologies has been experiencing a decrease in profits over the past two years and needs to find ways to cut costs. As of right now, the company is reluctant to reduce Bob's salary. Which of the following best describes why this scenario can lead to wage stickiness
This situation could result in wage stickiness, the insider-outsider model of the labor force, which contends that a company won't reduce wages for its insiders (those who already work for the company), as it depends on them to maintain organizational efficiency, be familiar with routine procedures, and train new employees.
Which one of the following describes cyclical unemployment?Construction worker layoffs during the Great Recession that followed the 2008 financial crisis are an example of cyclical unemployment.Consumer demand theory, production theory (also known as the theory of the firm), and related subjects like the nature of market competition, economic welfare, and the impact of imperfect information on economic outcomes are the two main subfields of microeconomics, which examines how different consumers and firms behave.A recession is defined as a drop in overall output, an increase in unemployment, and a decrease in inflation.This situation could result in wage stickiness, the insider-outsider model of the labor force, which contends that a company won't reduce wages for its insiders (those who already work for the company), as it depends on them to maintain organizational efficiency, be familiar with routine procedures, and train new employees.To learn more about wage stickiness refer to:
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with so much productive capacity and room for expansion in the united states, why would a company based in the united states choose to purchase items from a foreign firm? discuss the pros and cons
Due to the high cost of labour and manufacturing in the United States, most American businesses opt to outsource their production to nations whose manufacturing prices are proportionally lower than those in the United States.
The United States of America, sometimes referred to as the United States of America (U.S.A. or USA), is a nation mostly found in North America. It is made up of 326 Indian reservations, five significant unincorporated territories, nine Minor Outlying Islands, and 50 states. It is the third-largest country in the globe in terms of total area and land. The northern and southern land boundaries of the United States are shared with Canada and Mexico, respectively. Along with other countries, it shares maritime boundaries with the Bahamas, Cuba, and Russia. It is the most populated nation in the Americas and the third most populous in the world, with a population of over 333 million.
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suppose that bob purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. what is the price elasticity of bob's demand curve?.
Bob purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15.The price elasticity of bob's demand curve is - 1.21
The term "demand" refers to how much goods and services are needed to satisfy consumer demands and wants. The relationship between consumer demand for products and services and their market prices is at the heart of the economic concept of demand.
P1 = $19
Q1= 1
P2= 15
Q2= 3, where p is price and Q is quantity
PED = {(Q2 - Q1) : {(P2 - P1)
[(Q2 + Q1) / 2]} / [(P2 + P1) / 2]}
PED = {(3 - 1) : {(15 - 19)
[(3 + 1) / 2]} / [(15 + 19) / 2]}
PED= 2 x 17
2 14
PED = - 1.21
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what is the relationship between the diameter of oaks at breast height (dbh) and acorn production? blackjack and post oaks rarely grow over 70 centimeters in diameter, and the others rarely over 90 centimeters. if information were available for trees greater than 65 centimeters in diameter, what would you predict for their acorn production?
A common way to represent the diameter of a standing tree's trunk or bole is to measure it at breast height, or DBH. One of the most prevalent dendrometric metrics is DBH.
A field computer may receive measurement data from an electronic caliper and broadcast it online over Bluetooth to measure diameter at breast height (DBH).
Tree trunks are measured at the adult breast height, which varies depending on the nation and the context. DBH is often measured at 1.3 meters (4.3 feet) above ground in several nations.
DBH is commonly measured in the United States at 4.5 feet (1.37 meters) above the ground.
While economy traditionally been measured at a height of 1.4 m in some nations, including Australia, New Zealand, Burma, India, Malaysia, and South Africa, the convention of 1.3 m (4.3 ft) is more suitable today due to the extensive active research into allometrics that is being applied to trees and forests.
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because these types of unemployment are inevitable in a large, dynamic, technologically progressive, and diverse economy such as ours, the sum of these two rates is known as the c) rate of unemployment.
Rate of unemployment is the sum of these two rates because these types of unemployment are inevitable in large, dynamic, technologically progressive, and the diverse economy.
What is economic diversity?Economic diversity, also known as economic diversification, is the usage of a wide variety of economic activities in a region or nation. To promote healthy economic development and growth, diversification is employed as a strategy. Studies have shown that economies with greater economic diversity have higher GNP levels. developing a new area through non-connected diversification. Due of the extensive infrastructure that must be built, the procedure is laborious, but the reward would be greater. A cost-effective strategy for increasing the potential is the foundation of connected diversification. It translates to reduced risks and a healthy margin for business expansion.
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kristy is a member of a warehouse club. she likes shopping there because she can buy items like toilet paper and groceries in bulk to save money. this relates to which element of supply and demand?
In a warehouse club, Kristy participates. Because she can save money by purchasing goods like food and toilet paper in bulk, she enjoys shopping there. This has to do with the supply and demand equation's competitive aspect.
Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service impact its supply and demand. Supply grows as the price rises, but demand drops. In contrast, when the price falls, supply is constrained and demand is increased. On a graph, levels of supply and demand for various prices can be represented as curves. These curves overlap at the equilibrium, or market-clearing price, where supply and demand are equal. This intersection symbolizes the process of price discovery in the market. The product's price elasticity refers to the extent to which changes in price translate into changes in demand and supply. Basic requirements have a fairly stable demand.
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Firm managers should use inputs at levels where the:Multiple ChoiceValue marginal product of labor equals wage.Price equals marginal product.Marginal benefit equals marginal cost and value marginal product of labor equals wage.Marginal benefit equals marginal cost.
The price is the same as the marginal product. The potential reward equals the variable costs and maximum value. Wage equals marginal output of employment. The marginal profit is the same as the marginal cost.
The falling marginal productivity rule is an economic concept that managers consider while controlling productivity. In general, it contends that gains generated from small changes on the input side of the supply equation would advance only moderately per unit and may flatten out or even decline beyond a certain point. Executives discover a slightly diminishing rate of production yield per unit generated after making advantageous changes to the inputs driving output, according to the law of falling marginal productivity. When statistically graphed, this results in a sloping curve with the total production return obtained from aggregate unit output progressively increasing until leveling off and maybe continuing to drop.
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what are examples of the practitioners focusing on the process of change and not the content of change
Practitioners can focus on the process of change by helping to create a positive environment, setting achievable goals, and providing support throughout the process.
A positive environment can be created by helping people feel comfortable with the change and by providing a safe space for open communication. Setting achievable goals can help to provide a realistic timeline for the change, and can help to ensure that progress is made.
Providing support throughout the process is essential for helping people to accept and be comfortable with the change. This support can include providing guidance, encouragement, and resources to help people to understand and adjust to the change.
Additionally, practitioners can help to address any issues that arise and provide feedback on how to make the process smoother. All of these strategies help to focus on the process of change, rather than simply the content of the change.
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which expense is deductible for income tax purposes by an owner-occupant in the year a home is purchased? a) the down payment b) remodeling costs not to exceed $25,000 c) discount points paid by the seller d) repairs and maintenance on the home
Update on the budget for 2021: It has been suggested to exempt senior individuals from submitting income tax returns if their sole sources of annual income are pension and interest income.
What is down payment ?The term "down payment" (also known as a "deposit" in British English) refers to an initial, partial payment that is made up front for the purchase of costly goods or services like a home or car. Typically, it is paid in cash or an equal at the time the transaction is completed. The remaining payment must then be financed through a loan of some sort. In the fractional reserve banking systems, a down payment is primarily used to ensure that the mortgage lender has enough capital to produce money for loans and to collect some of the remaining loan balance in the event that a borrower defaults. Real estate is typically used as collateral to protect loans against default.
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remodeling costs not to exceed $25,000 (subject to the limitation of cost recovery under the Tax Cuts and Jobs Act of 2017)
repairs and maintenance on the home (if they are made in the same tax year as the purchase of the home and are not considered capital improvements)
How to save more on property tax?Saving more on your property tax deduction might be challenging for taxpayers due to restrictions imposed by The Tax Cuts and Jobs Act. There are a few possibilities you may discuss with your tax attorney if you haven't reached the deduction maximum, including:
Other property deductions: When itemizing your property taxes, it's simple to lose perspective on your house. Remember that other assets you possess, such as vehicles, yachts, or other real estate, may also be eligible for your property tax deduction.
Property tax advance: Another way to save money on your house is to prepay your property taxes. A tax expert may assist you in estimating your taxes early even if tax rates may vary as a result of legislation.
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ads was constructed around three core principles focused on helping your business reach its online potential. the first of these core principles is relevance. ads connects your business with the right people at the right time. upon which other two principles was ads built?
The other two core principles upon which Ads was built are efficiency and effectiveness.
What is Ads?Ads are short for advertisements and are used to promote products and services. Ads are often seen in newspapers, magazines, television, radio, and online. Advertising is the process of creating, placing, and managing advertisements in order to reach a target audience and to generate revenue. Ads are used to influence potential customers to purchase a product or to use a service.
Ads allows you to make the most of your marketing budget by targeting the right people in the right way. Additionally, Ads offers powerful analytics tools to help you measure the success of your campaigns and optimize them for the best return on investment.
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what customer segment(s) does your company sell your product to? low tech high tech distributors a and b which of the following types of products does your company sell? genetic testing devices cell phones elevators sensors name two expectations customers have that are part of the customer buying criteria. price and customer awareness positioning and price age and customer accessibility reliability and quality you have the ability to sell in three different countries: usa, australia, and china. true or false? true false how many points can you gain in the balanced scorecard each round? 100 50 1000 25 exchange rates are one of the factors that fluctuate within each country. true or false? true false up to how many simulated years can you run your company? 12 1 8 5 segments in different countries have different growth rates. true or false? true false your goal is to develop and execute a strategy that builds a successful company. true or false? true false companies in the simulation can go out of business if they do poorly. true or false? true false
Low-tech and High tech. The company will sell genetic testing devices and the two expectations are Positioning and price.
how many points are available to you in each round of the balanced scorecard?100 points can be gained with each round of a balanced scorecard.
What are the four ways of a balanced scorecard?A balanced scorecard has four viewpoints: learning and development, company processes, customer views, and financial information. The vision and strategy of a corporation are comprised of these four components, commonly known as the legs.
What are the main buying factors for customers?Customers are given options. When choosing a product or service, a customer has the ability to compare a range of options and assess each one's strengths and disadvantages. The qualities that your customers value most when making a decision to buy are referred to as their major purchasing criteria.
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B. Reviewing Key Terms
Complete each sentence by writing the correct term in the blank.
15. When a bank borrows money from another bank, the interest rate it pays is called the
16. Ownership of more than one bank constitutes a
17. When a bank customer writes a check, the check will go through the process of
M
18. A bank's total assets minus its total liabilities make up its
19. Banks repay loans from the Federal Reserve at a rate of interest called the
The correct terms for the sentences in question are as follows:
15. When a bank borrows money from another bank, the interest rate it pays is called the Overnight rate.
16. Ownership of more than one bank constitutes a Bank Holding company.
17. When a bank customer writes a check, the check will go through the process of check clearing.
18. A bank's total assets minus its total liabilities make up its net worth.
19. Banks repay loans from the Federal Reserve at a rate of interest called the Federal`s funds rate.
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In which event are impediments to the sprint goal shared?
a. Daily Scrum
b. Sprint Planning
c. Sprint Retrospective
d. Sprint Review
According to the question In Daily Scrum option (a) event are impediments to the sprint goal shared .
What is Daily scrum?The Daily Scrum is a meeting where the team members report on the work that has been done in the previous 24 hours and the work that will be finished in the upcoming 24 hours as well as discuss the challenges that are stopping them from working successfully as a team. A team member who is not collaborating with the team or any aspect of development that the team is having problems understanding can both be considered impediments in Scrum. Both of these factors have the potential to reduce the team's output, so it is the team's responsibility to alert the scrum master to any challenges as soon as feasible.
The Scrum Team's developers meet for 15 minutes each day for the Daily Scrum. It takes place every working day of the Sprint at the same time and location to reduce complexity. The Product Owner and Scrum Master engage as Developers if they are actively working on items in the Sprint Backlog.
As long as their Daily Scrum concentrates on progress toward the Sprint Goal and generates an actionable plan for the following day of work, the Developers are free to choose whatever structure and methodologies they wish. Focus is increased, and self-management is enhanced.
Daily Scrums enhance communication, spot obstacles, encourage rapid decision-making, and hence reduce the need for additional meetings.
The Daily Scrum is not the only opportunity for developers to modify their strategy. They frequently get together during the day to have more in-depth discussions about how to modify or re-plan the remainder of the Sprint's work.
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Which of the following would be considered direct materials in a service firm that uses job-order costing
The following would be considered direct materials in a service firm that uses job-order costing is paperwork at a law firm.
What is job order costing?Job order costing or job costing is a system for assigning and accumulating manufacturing costs of an individual unit of output. The job order costing system is used when the various items produced are sufficiently different from each other and each has a significant cost. (When a company's output consists of continuous flows of identical, low-cost units, the process costing system is more appropriate.)Since there is a significant variation in the items manufactured, the job order costing system requires a separate job cost record for each item (or each job or special order). The job cost record will report each item's direct materials and direct labor that were actually used and an assigned amount of manufacturing overhead.The job cost records also serve as the subsidiary ledger or documentation for the manufacturer's cost of the work-in-process inventory, the finished goods inventory, and the cost of goods sold.
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which of the following is true of sexual harassment? group of answer choices same-sex harassment is not covered under title vii. an employee being harassed at the workplace is not obligated to report it to the employer. sending offensive email is considered sexual harassment. absence of a complaint policy makes an employer liable for disparate-impact discrimination.
The right answer is D) A worker reporting workplace discrimination. The following criteria may also be used to discriminate against someone: color, gender, age, religion, and sexual orientation.
In order to prevent an employer from abusing their position and to encourage the exercise of employees' rights, the anti retaliation provision of Title VII of the Civil Rights Act of 1964 prevents an employer from discriminating against an employee for engaging in a protected activity. Objecting to an employment practice that is logically deemed to be against Title VII or participating in a Title VII complaint, such as presenting an allegation of workplace discrimination, are examples of protected acts. Discrimination is the practice of treating someone unfairly based on the groups, classes, or other categories to which they actually or erroneously belong. The following criteria may also be used to discriminate against someone: color, gender, age, religion, and sexual orientation.
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Internalizing The Externality Definition
An internality is the long-term advantage or cost to an individual that they do not consider when making the choice to consume certain goods or services. It is the act of making an alteration in an establishment's private costs or benefits to make them equal to the company's social costs or benefits.
Internalizing the externality is the term for the usage of such a tax. Adjusting incentives to encourage people to consider the repercussions of their actions on others.
What does the phrase "internalize the externality" mean?Because it incorporates the indirect costs, such as those associated with pollution, the higher price more accurately represents the true cost of production. Aiming to make the producer pay the entire cost of production, such taxes. Internalizing the externality is the term for the usage of such a tax.Adjusting incentives to encourage people to consider the repercussions of their actions on others. To bring the equilibrium quantity down to the level that is socially beneficial, the government can internalize an externality by charging the producer a tax.Internalizing the externality is the term for the usage of such a tax. Adjusting incentives to encourage people to consider the repercussions of their actions on others.To learn more about externality refer to:
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Sam has been told that the new application he is installing on the company's private cloud needs to make use of multifactor authentication. Which of the following would satisfy those requirements
Single-factor authentication uses just one sort of authentication, whereas multifactor authentication uses several, including what a user knows and what a user owns.
What is multi-factor authentication used for?Multi-factor authentication is a tiered strategy to protecting data and applications in which a system requests a user to login using a combination of two or more credentials.Only the smart card and PIN combination is a suggested option that uses several factors of authentication. You possess a smart card, whereas you must know the PIN. Because you also know your passwords, password plus PIN authentication still only requires one factor.Users must give two distinct authentication factors as part of the two-factor authentication (2FA) security procedure, also known as two-step verification or dual-factor authentication.To learn more about multifactor refer to:
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lawn products produces two products (x and y) and a by-product (z) from a joint process using a raw material (alpha). the company chooses to allocate the costs on the basis of the physical quantities method. last month, it processed 22,000 pounds of alpha at a total cost of $98,000. the output of the process consisted of 28,350 units of product x, 34,650 units of product y, and 7,000 units of by-product z. by-product z can be sold for $11,500. this is considered to be its net realizable value, which is deducted from the processing costs of the main products. required: what amount of joint costs should be assigned to each of product x and product y?
A combined process by Lawn Products employing an input materials results in the production of two goods (X and Y and a byproduct (Z) (Aipha) The business how to distribute.
What three sorts of production are out there?The marketplace into parts, the continous system, and the large undertaking are the three most prevalent forms of fundamental production technologies. In the batch system, modest amounts of product (goods or services) are produced and use all tools and techniques, with batch-to-batch variations in both and quality
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In an overview of the major operations planning activities in a typical organization, which of the following activities precedes aggregate sales and operations planning?
A. Process planning
B. Workforce scheduling
C. Master production scheduling
D. Materials requirements planning
E. Order scheduling
The concept given is Planning, which is the process of taking actions required to achieve a desired goal. The answer is option A, process planning.
Planning is based on anticipation, the fundamental ability of mental time travel. The evolution of foresight, the ability to predict the future, is believed to have been an important engine of human evolution.
Process planning is a pre-production phase that defines the sequence of operations or processes required to produce a part or assembly. This step is more important in workshops where unique products are made or the same product is rarely made.
Planning is a management function that involves setting goals and determining how to achieve them. Planning requires managers to be aware of the environmental conditions their organization faces and plan for future conditions.
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on its current year, december 31 balance sheet, shin co. had income taxes payable of $13,000 and a current deferred tax asset of $20,000 before determining the need for a valuation account. shin had reported a current deferred tax asset of $15,000 at december 31 of the previous year. no estimated tax payments were made during the current year. at december 31, current year, shin determined that it was more likely than not, that 10% of the deferred tax asset would not be realized. in its current year income statement, what amount should shin report as total income tax expense?
Correct reply is $10,000.
From 12/31/Y1 to 12/31/Y2, the deferred tax asset
increased by $5,000 (from $15,000 to $20,000). Income taxes
payable at 12/31/Y2 are $13,000. Based on this information, the
following journal entries can be recreated.
Income tax expense � current 13,000
Income tax payable 13,000
Deferred tax asset 5,000
Income tax expense�
deferred 5,000
An additional entry would be prepared with the aid of Shin to record an allowance
to decrease the deferred tax asset to its realizable value
(10% �$20,000 = $2,000).
Income tax expense� deferred 2,000
Allowance to limit deferred
tax asset to realizable cost 2,000
Based on these three entries, whole yr two profits tax expense is
$10,000 ($13,000 � $5,000 + $2,000).
Tax expenses are the total amount of taxes owed via an individual, corporation, or different entity to a taxing authority. Income tax cost is arrived at via multiplying taxable earnings via the fine tax rate.
Income Tax Expense Formula = Taxable Income * Tax Rate
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https://brainly.com/question/27494150#SPJ4there are three elements of managing organizational culture. two are taking advantage of the existing culture and teaching the organizational culture. what is the third? investing in the organizational culture planning the organizational culture changing the organizational culture
There are three elements of managing organizational culture. Two are taking advantage of the existing culture and teaching the organizational culture. The third is changing the organizational culture.
Give a brief account on organizational culture.The definition of organizational culture has historically been disputed among researchers. Edgar Schein, a trailblazing researcher in this field, defined "organizational culture" as a set of characteristics, including a typical "pattern of basic assumptions," that group members have grown accustomed to over time as they gain the knowledge and skills necessary to successfully handle both internal and external organizationally relevant problems. In his 1951 book The Changing Culture of a Factory, Elliott Jaques first presented the idea of culture in the context of organizational settings. Organizational culture is defined by Ravasi and Schultz as a group of beliefs that are held in common and influence behavior. Additionally, new organizational members are taught how to see, even think, and feel by modeling such collective actions and assumptions. Therefore, organizational culture influences how individuals and groups communicate and collaborate with one another, with clients, and with stakeholders.
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46. deck log entries regarding the status of the ship (moored, anchored, in dry dock, etc.), location, services being received, ships present, and senior officer present afloat (sopa) are made during what watch?
A recording of events and modifications is what an audit log, also known as an audit trail, fundamentally is.
What does service imply in the context of business?Activities who benefit a firm without delivering physical items are referred to as business services. These services might include trash management, event planning, marketing, and other forms of intangible services that are advantageous to the business.
How would you define service?A service is defined as a "(indefinable) act or usage that an client, company, or government is willing to pay." Barbers, medical professionals, lawyers, mechanics, banks, insurance companies, and other experts are a few examples.Government services include those that are funded by the entire society (a nation-state, fiscal union, or area).
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which method of depreciation considers residual value in computing the normal periodic depreciation?
When calculating the usual periodic depreciation, the straight-line method of depreciation takes residual value into account. Depreciation and amortization calculations may be made using the straight line basis.
a technique of figuring up periodic depreciation that divides the amount after subtracting the scrap value from the cost of a depreciable item by the estimated number of periods the asset will be usable. With straight-line method, an organization may spread the cost of a fixed asset across the time it will be used to generate value. Depreciation has an influence on the income statement, balance sheet, profitability, and net assets of a corporation, thus accuracy is crucial. Because it is simple to compute and comprehend, straight line basis is used by accountants. Over the course of the asset's useful life, the approach distributes a same amount to each accounting period, making it a predictable expenditure.
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