Answer:
<em>Face validity</em>
Explanation:
Face validity applies to the great extent in which an evaluation or measure tends to subjectively assess the component or construct to be measured.
In certain utterances, face validity is when an evaluation or test happens to be doing what it claims to be doing.
Answer:
$30,000
Explanation:
The computation of the warranty expense record this year is shown below:
= Sales revenue × estimated percentage
= $600,000 × 5%
= $30,000
We simply multiplied the sales revenue with the estimated percentage given in the question so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
The answer & explanation for this question is given in the attachment below.
Answer:
$14,000
Explanation:
The computation the retained earning balance for dividend distribution is shown below:
= Retained earnings - retained earnings was restricted for plant expansion - restricted for bond repayments
= $18,000 - $3,000 - $1,000
= $14,000
Simply we deduct those items which affect the retained earnings balance.
All other information which is given is not relevant. Hence, ignored it