Lorna just finished compiling her company’s income statement for the month ended march 31. her next step in preparing the company’s financial statements should be to:__________

Answer:

true

Explanation:

Your needs and wants never end. Products and money used in the production of goods and services are called natural resources. The mismatch of unlimited wants and needs and limited economic resources is called the basic economic problem. ... If many consumers want a particular service, its price will probably go up.

For tax years 2018 to 2025, a borrower can write off the interest on a homequity loan only if interest on up to $750,000 of home acquisition debt.

For the tax years 2018 through 2025, a borrower may deduct the interest on a home equity loan only if they can also deduct up to $750,000 of house acquisition debt (debt taken out to purchase or upgrade a primary residence or a second home and secured by that residence). The debt ceiling is reduced to $375,000 if you file as married but $750,000 of house acquisition debt for buying a home (debt taken out to purchase or upgrade a primary residence or a second home and secured by that residence). When filing as married but separated, the debt ceiling is lowered to $375,000 it separate.

Learn more about acquisition on:
brainly.com/question/1222561

#SPJ4

Russia justified its annexation of Crimea by asserting D) the endangerment of the Russian minority in Ukraine.

In 2014, Russia annexed Crimea from Ukraine, citing the protection of the Russian-speaking population as the justification for its actions. Russia claimed that the Russian minority in Ukraine were facing discrimination and were in danger, and that the annexation was necessary to protect their rights and interests. The annexation was widely criticized by the international community as a violation of Ukraine's sovereignty and a violation of international law.In 2014, Russia annexed Crimea from Ukraine, following a controversial referendum in which the majority of voters in the region voted in favor of joining Russia. The annexation was not recognized by the international community, and the United Nations General Assembly adopted a resolution condemning the annexation and reaffirming Ukraine's sovereignty and territorial integrity. The annexation led to increased tensions between Russia and the international community, including the imposition of economic sanctions against Russia by the United States and European Union.

To learn more about Russia's interest in Crimea's oil deposits here:

https://brainly.com/question/470380

#SPJ4

The 3 knowledge learned from playing Money Magic is accountability, making (creating) and also be current  with one's personal budget.

The aim of a budget in accounting is to make a kind of an exact financial plan for one's or firm's future.

Note that The 3 knowledge that was learned from playing Money Magic is accountability, making (creating) and also be current  with one's personal budget and this will help one in planning of their financial life.

Learn more about Money from

https://brainly.com/question/24373500

#SPJ1

Answer:

Collaborative working can last for a fixed length of time or can form a permanent arrangement. What these options have in common is that they involve some sort of exchange, for mutual advantage, that ultimately benefits end users.

Types of collaborative working

Separate organisations maintain their independence, but work jointly on some activities or functions

Organisations with resources or expertise offer assistance to other organisations, eg a large national organisation working with a small local group

A new organisation to do joint work on some activities or functions

A group structure where a 'parent' organisation governs a group of 'subsidiary' organisations

Merger to form a new organisation working as one body on all activities

Explanation:

The licensee's intent doesn't matter, if discrimination occurred. Black market and auxiliary aid could be a piece of apparatus or technology which will facilitate someone with an incapacity to access your merchandise or services.

The truthful Housing Act covers all “dwelling units” or single units of residence for a family of 1 or a lot of persons. The definition includes condominiums, cooperative and mobile homes. A habitation unit is often all or a part of any building or structure that's occupied or supposed as a residence by someone or family.

It's black-market to discriminate against individuals in housing supported by race, color, sex, national origin, religion, disability, or family standing consistent with each state and federal law.

To learn more about black market, visit here

https://brainly.com/question/29346372

#SPJ4

If Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?"  Demetri would  BEST classify this type of communication as: D. giving condolences.

Communication can be defined as the way in which two or more people tend to interact with one another. Communication can be inform of written, verbal or non-verbal.

This scenario is an example of giving condolence based on the fact that the Demetri colleague is showing empathy as well as giving condolence because yankees lost the games.

Therefore the correct option is D.

Learn more about communication here:https://brainly.com/question/26152499

#SPJ1

The correct answer is: a) $1,400 overapplied. To calculate the amount of over- or underapplied overhead, we need to compare the actual overhead with the estimated overhead based on direct labor cost.

Given information:
- Estimated total overhead for the month: $64,000
- Actual overhead for the month: $65,800
- Budgeted direct labor cost for the month: $160,000

To allocate the overhead based on direct labor cost, we need to calculate the predetermined overhead rate. This can be done by dividing the estimated total overhead by the budgeted direct labor cost:

Predetermined overhead rate = Estimated total overhead / Budgeted direct labor cost
                        = $64,000 / $160,000
                        = 0.4
Now, let's calculate the allocated overhead for each job using the predetermined overhead rate and the direct labor cost for each job:

Job 745: Allocated overhead = Predetermined overhead rate * Direct labor cost
                          = 0.4 * $56,000
                          = $22,400
Job 746: Allocated overhead = Predetermined overhead rate * Direct labor cost
                          = 0.4 * $72,000
                          = $28,800
Job 747: Allocated overhead = Predetermined overhead rate * Direct labor cost
                          = 0.4 * $40,000
                          = $16,000
Now, let's calculate the total allocated overhead:
Total allocated overhead = Allocated overhead for Job 745 + Allocated overhead for Job 746 + Allocated overhead for Job 747
                       = $22,400 + $28,800 + $16,000
                       = $67,200
Finally, we can determine the amount of over- or underapplied overhead by comparing the total allocated overhead with the actual overhead:

Amount of over- or underapplied overhead = Actual overhead - Total allocated overhead
                                       = $65,800 - $67,200
                                       = -$1,400
Since the result is negative, it means that the company has overapplied overhead.

Learn more about overapplied

https://brainly.com/question/30514437

#SPJ11

In the absence of externalities, the perfectly competitive market maximizes economic surplus when The market is at equilibrium. Thus the correct option is C.

A measurement of the integrity of the market, the gains that consumers and producers experience as a result of a specific transaction is called economic surplus. On a graph, the point where the supply and demand curves converge is the overall economic surplus.

Economic surplus is at its highest when the market is instability in a competitive environment with many both buyers and sellers and no government restrictions.

Therefore, an option is appropriate.

Learn more about economic surplus, here:

https://brainly.com/question/14829124

#SPJ1

Manuel Gomez requested to be left alone so that he could do his task. Bill Brown, Manuel's boss, was so perplexed that he chose to count to ten instead of responding to what Manuel had said.

Just give me some space so I can finish my work, Manuel Gomez pleaded. Bill Brown, Manuel's boss, was so perplexed that he chose to count to ten instead of responding to what Manuel had said. Bill reflected on how Manuel had evolved over the previous few months as he made his way back to his office. When he first began working for Bill two years prior, he was a diligent worker and a model employee. The business had sent Manuel to two different training facilities, and each time, he was praised for his performance.

Manuel was a model employee who had flawless attendance up until approximately a year ago. But around that time, he started to have personal issues, and six months later, his marriage ended.

learn more about perplexed here

https://brainly.com/question/17316948

#SPJ4

The selling price is 356,043.18, to realize 325,000 net after paying the brokerage commission. according to the question the owner wishes to realize.

Let's assume the selling price is x.

Selling Price = x  

Brokerage Commission = 4% of x= 0.04 x Net Selling Price = x - Brokerage Commission = x - 0.04x = 0.96x

The applicable taxes = 5% G S T + 9.97Let's say.

Total Taxes = 5% G S  T + 9.97 = 0.05x + 9.97

According to the question, The owner wishes to realize 325,000 net after paying the brokerage commission.

0.96x - Total Taxes = 325,0000.96x - (0.05x + 9.97) = 325,0000.96x - 0.05x - 9.97 = 325,0000.91x - 9.97 = 325,0000.91x = 325,000 + 9.97 = 325,009.97x = 325,009.97/0.91x = 356,043.18

To know more about Brokerage visit:

https://brainly.com/question/14898119

#SPJ11

Answer: A)

Explanation: Its not a effective strategy because if you repeat the acts the other peron will get tired of hearing you and it can turn into a boring conversation.

Answer:

Your happiness

education and training

social environment

Explanation:

For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.

Read more on human resource here: https://brainly.com/question/10583893

#SPJ1

Answer: C conduct a job analysis

Explanation:

it is

Liquidity risk is different from market risk, credit risk, and operational risk in several ways: Nature of the Risk, Focus on Asset Convertibility, Time Horizon, Impact on Pricing and Value, Mitigation Strategies.

Nature of the Risk: Liquidity risk relates to the ease with which an asset can be bought or sold in the market without causing significant price changes. Market risk refers to the potential for losses due to market fluctuations, credit risk refers to the risk of default by borrowers or counterparties, and operational risk pertains to the risk of losses arising from internal processes, systems, or human errors.

Focus on Asset Convertibility: Liquidity risk specifically focuses on the ability to convert assets into cash quickly and at a fair price. It considers the potential impact of low trading volumes, large bid-ask spreads, or limited market depth on an asset's saleability. Market risk, credit risk, and operational risk are not directly concerned with the asset's convertibility.

Time Horizon: Liquidity risk often involves short-term considerations and the immediate ability to meet financial obligations. Market risk, credit risk, and operational risk may have short, medium, or long-term implications depending on the specific circumstances.

Impact on Pricing and Value: Liquidity risk directly affects the pricing and value of an asset. Limited liquidity can result in wider bid-ask spreads, lower trading volumes, and potentially lower prices. Market risk relates to changes in the overall market value of an asset, credit risk affects the perceived creditworthiness and interest rates charged to borrowers, and operational risk can lead to financial losses or reputational damage.

Mitigation Strategies: Mitigating liquidity risk often involves maintaining sufficient cash reserves, diversifying funding sources, and establishing contingency plans for accessing liquidity during stress periods. Market risk, credit risk, and operational risk have their own specific mitigation strategies tailored to the nature of each risk.

In summary, liquidity risk is distinct from market risk, credit risk, and operational risk due to its focus on asset convertibility, short-term considerations, impact on pricing and value, and specific mitigation strategies aimed at managing liquidity constraints.

Learn more about   Risk from

https://brainly.com/question/29534915

#SPJ11

The budget that is NOT used to prepare the cash budget is the Production budget. This is because the production budget is concerned with the number of units that are to be produced during the budget period.

A cash budget is a financial plan that shows the amount of cash that a company expects to receive and pay over a given period. Cash budgets include forecasts of future cash inflows and outflows and are an essential tool for managing a company's cash flow.

A production budget is a financial plan that shows how many units of a product a company plans to manufacture during a given period. The production budget is based on the company's sales forecast and is an essential component of the master budget. By forecasting production levels, a company can plan its inventory levels, manage its resources, and ensure that it has sufficient capacity to meet customer demand.

To know more about the budgets, visit:

https://brainly.com/question/15865418

#SPJ11

If return processing has been delayed beyond the normal timeframe, it means that the processing of a returned item or product is taking longer than it typically would under normal circumstances.

The delay could be due to a variety of reasons, such as an unusually high volume of returns, staffing shortages or delays, or technical issues with processing systems.

In general, the normal timeframe for return processing depends on the policies of the retailer or business that the item was purchased from. This timeframe is typically outlined in the retailer's return policy, and can vary depending on factors such as the type of product being returned and the reason for the return.

If return processing is delayed beyond the normal timeframe, it may result in frustration and inconvenience for the customer who is waiting for a refund or replacement. In some cases, the delay may also be indicative of broader issues within the retailer's operations or supply chain, such as inventory management or quality control problems.

Learn more about return processing here:

https://brainly.com/question/30645003

#SPJ11

According to given Image the all the scenario are possible of being addressed by a Trial Balance

Give explanations for how a Trial Balance might be addressed

What is trial balance?

A Trial Balance is a financial statement that lists all the general ledger accounts and their balances at a specific point in time.

It serves as a tool to ensure that the total debits equal the total credits in the accounting system and helps to detect errors and discrepancies in the accounting records.

To know more about Trial balance, visit:

https://brainly.com/question/30584187?

#SPJ1

Answer:

write a business letter informing the clients

Explanation:

In the case when Aaron wants to inform the clients regarding the new office hours so in this case Aaron should write the business letter so that the formal communication could be done with the clients.

Therefore in the given situation, the last option is correct

And, the same is to be considered

All other options are wrong

Answer:

Your answer is B. Write a business letter informing the clients.

Explanation:

Did this on a quiz, and I got it right.

Using data to demonstrate connections between implemented HR practices and agency performance is referred to as "HR analytics".

The HR analytics involves collecting, analyzing, and interpreting data related to HR practices, employee behavior, and organizational performance to gain insights and make data-driven decisions.

By examining the data, organizations can identify correlations, trends, and patterns that help establish the impact of specific HR practices on agency performance.

This approach enables organizations to measure the effectiveness of their HR strategies, identify areas for improvement, and make informed decisions to optimize HR practices and ultimately enhance agency performance.

Learn more about HR Analytics here

https://brainly.com/question/16938528

#SPJ4

The given question is incomplete, the complete question is

Using data to demonstrate the connections between implemented hr practices and agency performance is called as ?

The following policies are consistent with the goal of increasing productivity and growth in developing countries:

The correct options are A and C.

Productivity is a metric of economic or business performance that indicates how effectively individuals, businesses, industries, and entire economies convert inputs such as labor and capital into outputs such as goods or services.

Pursuing inward-oriented policies in less developed countries may not be consistent with the goal of increasing productivity and growth, as it can limit access to foreign markets and foreign investment, which can be important sources of capital, technology, and expertise. Increasing taxes on income from savings can also discourage investment and savings, which can reduce economic growth.

Thus, the ideal selection is options A and C.

Learn more about productivity here:

https://brainly.com/question/22852400

#SPJ1

<3<3<3<3<3<3<3<3<3<3<3<33<3<3<3<3<3<3<3<3<3<3

Answer:

Labor unions were created in order to help the workers with work-related difficulties such as low pay, unsafe or unsanitary working conditions, long hours, and other situations. ... Sometimes the unions organized strikes in order to try to change the conditions of the workers. Early strikes were rarely successful.

<3<3<3<3<3<3<3<3<3<3<3<33<3<3<3<3<3<3<3<3<3<3

Answer:

they didn't have great work conditions

Explanation:

getting better rest, meditation, exercise, hydration, mental focus exercises like military box breathing, and good nutrition just to name a few. it depends on the caause of lack of productivity.

if you cant focus well, a fidget toy may help. if your sluggish, better rest may help. and if your depressed meditation may help. i hope THIS helped!

Answer:

#1 is False

#2 Cabinet makers are not required to have completed formal education related to the trade, but most employers prefer to hire individuals with a minimum of a high school diploma or General Educational Development (GED) credential.

#3 True

Explanation:

Answer:

see below

Explanation:

The action of buying goods from r/s rupa increase inventory/purchases ( asset account) and reduces cash( asset) in the business.

An increase in assets account is debited, while a decrease is credited. The journal entry will be

Purchases a/c  Dr

Cash a/c     Cr

Answer:

The consumers will pay more.

Explanation:

Should the production cost increase, the price of  Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.

The impact of the given error on the financial statement should be an overstatement of the assets.

Depreciation expense Dr XXXXX

    To accumulate depreciation  XXXXXX

(being depreciation expense is recorded)

Here depreciation expense is debited as it increased the assets and credited the accumulated depreciation as it decreased the assets.

So if the above journal entry is omitted so it means the assets should be overstated.

Learn more about the depreciation here: brainly.com/question/15085226

i. Dividend policy refers to the decisions made by a company regarding the amount and timing of dividend payments to its shareholders.

It is a crucial aspect of a firm's payout policy and involves determining whether profits should be distributed to shareholders in the form of dividends or retained within the company for reinvestment. Two main issues that can affect dividend policy are:

1. Stability: Companies need to decide whether to maintain a stable dividend policy, where dividend payments remain relatively constant over time, or adopt a variable policy, adjusting dividends based on earnings and cash flow fluctuations.

ii. Some investors prefer dividends for the following key reasons:

1. Income: Dividends provide a regular income stream for investors, especially those who rely on investment income to cover their living expenses.

iii. Some investors prefer capital gains for the following key reasons:

1. Growth potential: Investors seeking capital gains prioritize the potential for the stock price to increase over time. They believe that by investing in companies with growth prospects, they can achieve higher returns through price appreciation when they eventually sell their shares.

Learn more about Income here:

https://brainly.com/question/14732695

#SPJ11

Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

A familial status discrimination is known to occurs when the landlord, manager  or property owner treats someone very differently.

The other options clearly discriminate the familial status.

Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

Therefore, the Option is correct.

Missing options "Couples only Empty nesters No bicycles allowed Senior discount"

Read more about Discount

brainly.com/question/912869