Answer: B. is not a true statement. Most of the time monopolies do NOT benefit social welfare, they often put social welfare at a disadvantage.
Answer:
Concurrent validation
Explantion:
Concurrent validation is employed to establish documented proof that a facility and process will function as they are intended, on the basis of information gotten during actual use of the process.
Concurrent validity is a type of proof that can be assembled to justify the use of a test for predicting other outcomes.
Answer:
Project Risk Analysis and Management (Defined)
Explanation
Project Risk Analysis and Management is the process and programming which enables to point out, analyze and mange all the risks which are related and linked to the the project that is being under review. The process of careful analysis (PRAM) will be helpful in completing the project successfully on time and will be cost effective as well.
Answer:
correct option is a. No impairment should be reported
Explanation:
given data
carrying amount = $1,600,000
net cash flows = $1,630,000
fair value = $1,360,000
to find out
amount report as an impairment to its equipment
solution
we know that here impairment loss is carrying amount - higher of fair market value and value in use ..................1
here recoverable value is = $1630000
so
impairment loss is = $1600000 - $1630000
impairment loss = - $30000
here loss is negative
so that correct option is a. No impairment should be reported
Answer:
Amount to be used to value inventory = $22
Explanation:
Inventories are generally valued at lower of cost or market value.
In that, cost is considered:
Net Realizable Value = Selling price less any cost = $30 - $5 = $25
Cost = $22
Since the Net Realizable Value is more than cost, replacement cost will not be considered.
Where NRV is less than cost, then replacement value is considered.
Here, Therefore inventory will be recorded as $22 at cost.
