Rent expenses will … in the statement of profit or loss and other comprehensive income.
Select one:
A.
be disclosed as revenue
B.
not be disclosed in the statement of profit or loss and other comprehensive income
C.
be disclosed as other income
D.
be disclosed as distribution, administrative and other expenses
E.
be disclosed as finance costs

Answers

Answer 1

The correct answer is D. Rent expenses are part of the operating expenses of a business and should be included in the statement of profit or loss and other comprehensive income. In the statement, they would be disclosed as distribution, administrative, and other expenses.

These expenses are incurred by a business for using leased properties to carry out its operations, and they reduce the profits or increase the losses of the company. Therefore, it is essential to disclose them in the statement of profit or loss and other comprehensive income to provide a complete picture of the financial performance of the business.

Option A and C are incorrect as rent expenses are not revenue or other income. Option B is also incorrect as rent expenses are an essential component of the statement of profit or loss and other comprehensive income. Option E is also incorrect as finance costs are different from rent expenses.

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Related Questions

In trading account freight belongs to which side debit or credit?

Answers

Answer:

Explanation:

In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation

Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.

Increase  in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.

to be successful, strategic planning requires a company to have a ______ orientation.

Answers

To be successful, strategic planning requires a company to have a long-term orientation.

What is strategic planning?

Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.

On the hand  long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.

Therefore the statement that filled the gap is long term.

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define human resources​

Answers

Answer:

Human resources (HR) is the division of a business that is charged with finding, screening, recruiting, and training job applicants, as well as administering employee-benefit programs.Human resources is the personnel of a business or organization, regarded as a significant asset in terms of skills and abilities.Human resources are defined as the people employed by a company or the department in a company in charge of hiring, training, benefits and records.

Hope it helped u

Briefly explain economics​

Answers

Answer:

The branch of knowledge concerned with the production, consumption, and transfer of wealth.

Explanation:

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. The building blocks of economics are the studies of labor and trade.

What is the difference between the pre-reservation and installment

Answers

Answer:

is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different

Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building

Answers

The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.

What is Economic Development?

In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.

The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.

Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.

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How does a notice board help in providing information?​

Answers

Answer:

to boost the marble of employees

Answer:

A notice board can display graphs, data, facts and other relevant information

Explanation:

A notice board saves time, keep people informed, and can be serve for many purposes.

What are the key characteristics of a well-designed performance appraisal?
Select all that apply.

Focus on job-related tasks


Conducted by a trained manager


Based on company policy


Opportunities for employee feedback


Clear management feedback

Answers

The key characteristics of a well-designed performance appraisal include a focus on job-related tasks, being conducted by a trained manager, based on company policy, providing opportunities for employee feedback, and clear management feedback.

How can you describe the well-designed performance ?

Firstly, the performance appraisal should focus on job-related tasks to ensure that the evaluation is objective and fair. This means that the appraisal should measure employee performance against job-related criteria, such as job responsibilities, goals, and objectives.

Secondly, a well-designed performance appraisal should be conducted by a trained manager who has experience in conducting appraisals and who understands the company's policies and procedures for conducting them.

Thirdly, the appraisal should be based on company policy, ensuring that all employees are evaluated in a consistent and fair manner.

Fourthly, there should be opportunities for employee feedback, allowing employees to provide their input on their own performance and the appraisal process.

Finally, the appraisal should provide clear management feedback, including specific examples of areas where the employee has excelled, as well as areas where improvement is needed. This feedback should be constructive and provide guidance for the employee on how to improve their performance.

Overall, a well-designed performance appraisal should be fair, consistent, and provide valuable feedback to both the employee and the manager.

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According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above

Answers

Answer: Fresh ingredients

Explanation:

Which educational options are especially useful for technical workers like Carpenters and Electricians? Check all that apply. career colleges apprenticeships associate degrees bachelor’s degrees

Answers

Answer:

A and B

Explanation:

I took the test

Answer:

the correct answer is A and B

Explanation:

What would be a good business to start with a friend?
(Explanation not needed.)

Answers

Answer:

A house lot. (Landlords)

Explanation:

You can hold houses for people to live in while they pay a monthly fee.

Gillette manufactures twin blade razors which are sold at a price of $1.78 per razor. The following break-up in the cost of production is seen (percentage of selling price): - Manufacturing Costs = 35\% - Trade schemes =17% - Distributor Margins =7.5% - Taxes =8% - Estimated Fixed cost =$30,000 per annum (only tooling and plant overhead) The market is such that up to 100,000 units can be sold at the price of $1.78 per unit, but any additional sale must be made at $1.65 per unit. a) How many razors need to be sold in the year to reach the breakeven point? - (2) b) Gillette has a planned annual profit of $30,000 from this market. How many units must be made and sold in a year? −(3)

Answers

The number of razors that need to be sold in the year to reach the breakeven point is 61,288 razors. Gillette must make and sell 200,000 units in a year to achieve a planned annual profit of $30,000.

a) To determine the number of razors that need to be sold in the year to reach the breakeven point, we can use the following formula:

Breakeven point = Fixed costs / (Price per unit - Variable costs per unit)

The fixed costs include the estimated fixed cost of $30,000 per annum (only tooling and plant overhead). The variable costs per unit include the manufacturing costs, trade schemes, distributor margins, and taxes, which add up to 35% + 17% + 7.5% + 8% = 67.5% of the selling price. Therefore, the variable cost per unit is:

Variable cost per unit = 67.5% x $1.78 = $1.20

Substituting the values, we get:

Breakeven point = $30,000 / ($1.78 - $1.20) = 61,288 razors

Therefore, the number of razors that need to be sold in the year to reach the breakeven point is 61,288 razors.

b) To determine the number of units that must be made and sold in a year to achieve a planned annual profit of $30,000, we can use the following formula:

Profit = (Price per unit - Variable costs per unit) x Number of units - Fixed costs

Substituting the values, we get:

$30,000 = ($1.78 - $1.20) x Number of units - $30,000

Solving for the number of units, we get:

Number of units = ($30,000 + $30,000) / ($1.78 - $1.20) = 200,000 units

Therefore, Gillette must make and sell 200,000 units in a year to achieve a planned annual profit of $30,000.

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If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a month until their daughter is 18 years of age. At that time, the required payments are reduced to $1,638 per month 1. How much of each $2,340 payment may be deducted as alimony by Joan? 2. How much of each $2,340 payment must be included in Bill's taxable income? 3. How much would be deductible/included if the divorce agreement were dated 2019? b. Under the terms of a property settlement executed during 2018, Jane transferred property worth $577,350 to her ex-husband, Tom. The property has a tax basis to Jane of $461,880 1. How much taxable gain must be recognized by Jane at the time of the transfer? 2. What is the amount of Tom's tax basis in the property he received from Jane?

Answers

Answer:

$2,400 in 2019 are deductible as alimony.

Step-by-step explanation:

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12

                                                                                                 = $2,400

$2,400 in 2019 are deductible as alimony.

$2,400 in 2019 are deductible as alimony.

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12 = $2,400

What is an alimony?

Alimony is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce. The obligation arises from the divorce law or family law of each country. The purpose of alimony is to limit any unfair economic effects of a divorce by providing a continuing income to a non-wage-earning or lower-wage-earning spouse.

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Common practices of ________ include exploiting the distinctive economic assets of different countries and regions, organizing production according to a spatial division of labor, placing earnings in offshore bank accounts to avoid paying taxes, and moving factories from high wage regions to low wage regions. *

Answers

Answer:

Transnational corporations.

Explanation:

A transnational corporation can be defined as a formal company or business enterprise that has its headquarter in its home country and operate subsidiaries which are partially or wholly owned by it, in other countries across the world.

A transnational corporation must have at least one (1) subsidiary in another country or must have its operations in at least two (2) countries.

Common practices of transnational corporations include exploiting the distinctive economic assets of different countries and regions, organizing production according to a spatial division of labor, placing earnings in offshore bank accounts to avoid paying taxes, and moving factories from high wage regions to low wage regions.

Some examples of transnational corporations are Nestle, McDonalds, Unilever, Shell, Mtn, etc.

a group of scientists studied

Answers

Answer:

Explanation:

The Business Scientist underpins excellent management and business skills with scientific knowledge, supporting evidence-led decision-making within companies and other enterprises.

How did New Deal programs help the economy ?

Answers

The New Deal was a collection of government initiatives put into place by Franklin Delano Roosevelt with the goal of reestablishing economic stability in the US.

The programs' main goal was to help people affected by the Wall Street Crash and Depression find new jobs, make money, and get their lives back on track. However, they also assisted returning World War One soldiers, the elderly, widows, and other vulnerable groups with money problems, and stabilized the price of food. During the Great Depression, there was a high rate of unemployment and a weak economy. People lost their life savings once the banks fell (went bankrupt), which drastically reduced commerce and therefore, jobs.Those Mexicans and Mexican Americans who remained in the country were subjected to abject poverty and received scant aid from the New Deal, which frequently fell short of meeting the needs of agricultural laborers and people of color.

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PLEASE HELP I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!
Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?

through an electronic funds transfer (EFT)

with cash

with a certified check

with a standard check

Answers

I’d say a standard check because it doesn’t get checked by the bank if they have enough and you’re trusting the person that the check won’t bounce and then you’re out $6,000 while they already have the equipment.

sakait has done some extra work to appease a client. now the client is asking her to do one more task, which is significant and not part of project scope. what should sakait do?

Answers

If a client is asking Sakait to do a task that is not part of the project scope, then she should approach the situation professionally. Sakait should review the client's request, and determine if the request is feasible to complete without disrupting the current project scope or affecting the project deadline.

She can also provide an estimated cost for the extra work that would have to be done. In this case, Sakait can:
1. Explain that the new request is outside the project scope, and provide a valid explanation to the client.
2. Provide the client with an estimate of the cost to complete the additional task and the timeline.
3. If the client agrees to the additional work, Sakait should ensure the details of the work are documented to avoid confusion later.

If the extra work is not feasible, and the client insists that the work be completed, Sakait should decline the request. In this case, Sakait would have to explain the reasons to the client why the extra work cannot be performed without disrupting the project schedule or causing other significant problems.

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with respect to anchorage points employers must

Answers

Employers must adhere to anchorage points. the entire list (correct answer)

What two criteria does OSHA have for anchor points?

The anchorages must support 5,000 pounds per employee, or as an option (d), in accordance with 29 CFR 1926.502(d)(15) (15)

The personal fall arrest system's maximum fall arresting force must be maintained with a factor of safety of at least two according to I

What kind of attachment point in a fall protection system is acceptable?

Personal fall protection devices must be worn with the body harness attachment point situated in the middle of the worker's back, close to the shoulder. If the free fall distance is kept to 2 feet (0.6 m) or less, the attachment point may be situated in the pre-sternal position.

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the sales tax rate is 5%. of preston buys a fountain priced at $680.60,what will be the total cost including tax?

Answers

Preston buys a fountain priced at  $680.60. With tax rate of 5%, the total cost including tax is $ 714.63

Sales tax is a tax imposed on goods and services when purchased in a retail location. Government uses this tax to build infrastructure, education, health system, etc.

Let:

p = price before tax

d = tax rate

Then, price after tax is given by:

q = ( 1 + d) x p

Data from the problem:

p = 680.60

d = 5% = 0.05

Hence,

q = (1 + 0.05) x 680.60 = 714.63

Therefore, the net price including tax is $ 714.63

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The benefits of a strategic business plan do not include _____.:

Answers

Answer:

Early precautionary measures of trouble ahead can not be issued.

Explanation:

Since a strategic strategy maps out a path for the organisation to follow, it will enable it tighten its attention in order to get somewhere. Therefore, strategic preparation will help the organisation create the best priorities and strategies and help others concentrate their energies on achieving them.

examples of frictional force

Answers

Explanation:

I hope this would be the right answer....
examples of frictional force

Air max 270's or Jordan 1 Mid's?

Answers

Air max 270's

they make me taller than Jordan 1 Mid's, and since im a short dude, I lowkey need that extra inch.

The Independent Institute of Education (Pty) Ltd 2022 Paze S of 20;21;22 - Manufacturer, dealer and generic brands - Individual and family brands Note: You will receive more marks for your own original examples than for examples in your textbook, from your lecturer/tutor, or on Learn.

Answers

The Independent Institute of Education (Pty) Ltd 2022 Paze S of 20;21;22 deals with various types of brands.

Individual and Family Brands:Individual and family brands are those which are named after an individual or family. Such brands include Ralph Lauren, Louis Vuitton, Calvin Klein, and Tommy Hilfiger, among others. Individual and family brands are usually expensive but have a loyal customer base.

The designer's name is also associated with the brand and adds an exclusive appeal. The individual and family brands target the high-end market, and their products are not accessible to everyone.

In conclusion, the Independent Institute of Education (Pty) Ltd 2022 Paze S of 20;21;22 describes the different types of brands. The manufacturer, dealer, and generic brands and individual and family brands are the types of brands discussed in the Paze. Manufacturer brands are created and marketed under the name of the company, dealer brands are marketed by the reseller, while generic brands are sold without a brand name. Individual and family brands are named after an individual or family and are usually expensive but have a loyal customer base.

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The Independent Institute of Education (Pty) Ltd 2022 Paze S of 20;21;22 deals with various types of brands.

Individual and Family Brands:Individual and family brands are those which are named after an individual or family. Such brands include Ralph Lauren, Louis Vuitton, Calvin Klein, and Tommy Hilfiger, among others. Individual and family brands are usually expensive but have a loyal customer base.

The designer's name is also associated with the brand and adds an exclusive appeal. The individual and family brands target the high-end market, and their products are not accessible to everyone.

In conclusion, the Independent Institute of Education (Pty) Ltd 2022 Paze S of 20;21;22 describes the different types of brands. The manufacturer, dealer, and generic brands and individual and family brands are the types of brands discussed in the Paze. Manufacturer brands are created and marketed under the name of the company, dealer brands are marketed by the reseller, while generic brands are sold without a brand name. Individual and family brands are named after an individual or family and are usually expensive but have a loyal customer base.

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Match each type of tax with an example of its use.

category 1:
Property Tax
Capitol gains tax
Personal income tax

category 2:

□ 1% charged on the value of a home.

□ 20% charged on wages earned.

□ 2% charged on profits from selling a house.​

Answers

Answer:

Hmm What do you. mean?

Explanation:

BRAINLIEST PLS HELP!

How do "needs, wants, and demands" play into marketing? Explain each term.

Answers

needs: something you need to survive such as shelter, water and food

wants: something you would like to have such as entertainment

demands: the amount of people needing the item.

supply and demand are important for marketing so products you are selling can be managed.

like a Christmas tree in November and December the item has high demand and high supply

but in june and july there is no demand for christmas trees but supply is being created by growing them.

the five forces framework is an analytical tool used to diagnose the competitive conditions in a company’s industry.

Answers

The five forces framework is an analytical tool used to diagnose the competitive conditions in a company's industry.

The five forces framework, developed by Michael Porter, is a widely used tool for analyzing the competitive dynamics of an industry. It examines five key forces that shape the level of competition within an industry: the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the intensity of competitive rivalry. By assessing these forces, companies can gain insights into the attractiveness of their industry and develop strategies to enhance their competitive position. The framework helps identify potential risks and opportunities, allowing businesses to make informed decisions and adapt to the competitive landscape.

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interest incurred, but not yet paid during an accounting period, should be recorded as an expense and a(n) . multiple choice question. revenue contra account asset liability

Answers

Interest incurred, but not yet paid during an accounting period, should be recorded as an Accrued Expense.

Accrued Expense is an expense  which is incurred in one accounting period but not yet paid.

Recording an accrued expense means that transaction has been recorded when it incurred but not yet paid.

It is shown on the liability side of the balance sheet as a current liability because it makes obligation for the company to pay its expenses.

It helps in showing the true and fair view of the financial statements .

It requires more journal entries to record than simple cash balance accounting.

It increases both expense and liabilities as unpaid bills get accumulated.

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Brand managers develop social media marketing campaigns for many reasons. the two most frequently reported rationales are to _____ and to _____.

Answers

Brand managers develop social media marketing campaigns for two primary reasons: to increase brand awareness and to engage with their target audience effectively.

Brand managers engage in social media marketing campaigns for various reasons, but the two most frequently reported rationales are to increase brand awareness and to engage with their target audience effectively.

Firstly, social media platforms provide an excellent opportunity for brand managers to expand their brand's visibility and reach. By creating compelling content, leveraging popular trends, and utilizing targeted advertising, brand awareness can be enhanced. Increased brand awareness leads to greater recognition among potential customers, improving the chances of attracting new customers and generating interest in products or services.

Secondly, social media allows brands to engage with their target audience on a more personal level. Through interactive content, such as polls, contests, and discussions, brand managers can establish a direct connection with consumers. This engagement fosters a sense of community and loyalty, as well as provides valuable insights into customer preferences and feedback. By actively participating in conversations and responding to comments, brand managers can build stronger relationships with their audience, fostering trust and enhancing brand reputation.

In summary, brand managers utilize social media marketing campaigns primarily to increase brand awareness and engage with their target audience effectively. These strategies aim to promote brand visibility, attract new customers, and foster meaningful connections with the audience, ultimately contributing to the overall success and growth of the brand.

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investors want to earn a ____ for their willingness to make investments for which there is no absolute guarantee of future success.

Answers

Investors want to earn a return for their willingness to make investments for which there is no absolute guarantee of future success.

Investors seek to earn a return on their investments as compensation for taking on risks. When investing in financial assets or ventures, there is always an element of uncertainty regarding future outcomes. There is no absolute guarantee of success, as various factors, such as market conditions, economic fluctuations, and business performance, can impact investment returns.

Investors understand that by allocating their capital to investments, they are exposing themselves to certain risks. These risks can include the possibility of losing some or all of their invested capital, as well as the potential for lower-than-expected returns. To justify taking on these risks, investors expect a return on their investment that reflects the level of risk undertaken.

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