BUSINESS HIGH SCHOOL

The cost principle requires that when assets are acquired, they be recorded at __________.a. selling price
b. appraisal value
c. list price
d. exchange price paid

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "d. exchange price paid." The cost principle requires that when assets are acquired, they be recorded at d. exchange price paid

Related Questions

Which of these actions could constitute a breach of the Civil Rights Act?A. The human resources department rejected Fatima’s application because she did not have the right qualifications. B. The human resources department rejected Fatima’s leave application because they were short staffed. C. The human resources department rejected Fatima’s application for a sabbatical because she had only worked for a year. D. The human resources department rejected Fatima’s leave application because she just got back from a long vacation. E. The human resources department did not promote Fatima because they thought that she would not be able to travel as frequently as the job required because she has two young children.
Underwriting is best described as __________. activities related to selecting acceptable risks so that general insurer objectives are met actuarial science production-related activities performed primarily by agents in the field a function most often performed by adjusters
Boulder Company reports current E&P of $500,000 this year and accumulated negative E&P at the beginning of the year of $200,000. Boulder distributed $400,000 to its sole shareholder on December 31 of this year. How much of the distribution is treated as a dividend this year?
Under the percentage of completion method, if the actual costs are ____ the estimated costs, the taxpayer must pay interest on the underpayment of prior years’ taxes.
What does reconciling an account involve?

Assume, for Singapore, that the domestic price of soybeans without international trade is higher than the world price of soybeans. This suggests that, in the production of soybeans, a. other countries have a comparative advantage over Singapore and Singapore will export soybeans. b. Singapore has a comparative advantage over other countries and Singapore will import soybeans. c. other countries have a comparative advantage over Singapore and Singapore will import soybeans. d. Singapore has a comparative advantage over other countries and Singapore will export soybeans.

Answers

Answer:

C)other countries have a comparative advantage over Singapore and Singapore will import soybeans.

Explanation:

In the case when the domestic price of the soyabeans considered withoiut the international trade and the same should be more than the world price that means the other country would have the comparative advamtage and the singapore would import the soybeans

Therefore the option c is correct

A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balance sheet is called thea. last-in, first-out method.
b. first-in, first-out method.
c. specific identification method.
d. weighted-average method.

Answers

The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.

One of the labels in Sarah's spreadsheet does not fit inside cell A3. Sarah should _____. A. Change the alignment to right
B. Center the text in Cell A1
C. Making the column wider by dragging between the A and the B to the right
D. Double-click on the cell

Answers

C. Making the column wider by dragging between the A and the B to the right

Answer: C. Making the column wider by dragging between the A and the B to the right

If company XYZ observes a drop in performance following a human resource management decision to eliminate a Friday free lunch for the employees, then this would be an example of a lack of ______ to perform.

Answers

Answer:

Motivation

Explanation:

The drop in performance in company XYZ following the elimination of the Friday free lunch is caused by the lack of motivation.

Employees of an organization tends to be more productive given a favourable working condition such as subsidized health care, provision of housing facilities, bonuses etc

The free Friday lunch which the human resource management eliminated is a form of motivation for the employees to work hard. So, productivity declined due to the elimination of the free Friday lunch.

Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. She is also defining the organization's activities for the next five years. In this scenario, Kia is most likely contributing to developing the company's _____.

Answers

Answer:

Strategic plan.

Explanation:

Strategic planning is defined as the process of the firm analyze the internal and external environments for the purpose of formulating strategies and allocation resources to develop a competitive advantage in an industry that allows for the successful achievement of organizational goals.

Supplies the organization with tools that promote future thinking, applies the system approach, allows for setting goals and strategies, provides a common framework for decisions and communications, and relies on measuring performance.

Tinder, the mobile dating app, is competing for market share with Match among college students. In its promotional messages, Tinder claims that it connects singles faster and cheaper than the competitor. Tinder is using _____ in its product positioning for college students. A. Points of Parity B. Compatibility C. Mass Customization D. Mass Marketing E. Points of Difference

Answers

Answer:

E. Points of Difference

Explanation:

Point of Difference (PoD) are factors of products or services (in this case, dating services) that stablish differenciation with competitors with the goal of increase bran loyalty as the consumer see their benefit increased.

While Point of parity, (PoP) are associations not unique to the brand but at equal level as the competitor.

As the statement assume Tinder is faster and cheaper than Match it stablish differenciation points.

Dating App positions itself among college students using Points of Difference (POD), emphasizing its ability to connect singles faster and at a lower cost than Match. This strategy highlights unique features to set it apart in the competitive dating app market. Hence, option E is correct.

Dating App is using Points of Difference (POD) in its product positioning for college students. Points of Difference refer to the unique and distinctive attributes or benefits that set a brand apart from its competitors. In this case, it is emphasizing its ability to connect singles faster and at a lower cost compared to Match, thereby positioning itself as a more efficient and economical choice for college students.

It's messaging suggests that its platform offers a quicker and more cost-effective solution, highlighting features or benefits that it believes are not matched by its competitor. By focusing on these unique selling points, it aims to create a perception of distinctiveness and superiority, hoping to attract college students seeking a convenient and affordable dating experience.
Other Questions
The lower-of-cost-or-market rule requires a company to ________.
Symmetric information is the same as perfect information. a) holds under the assumption of rational expectations. b) is true only in efficient markets. c) means that savers and borrowers have the same information.
The vital function of _____ involves transforming data into useful information for decision makers.
True or false. The Persuasion interview is good for changing a person’s attitude.