The practice of creating a liability when a company incurs an expense that cannot be directly linked to a specific accounting period most likely refers to companies may recognize such expenses in periods during which profits are high, as they can afford to take the hit to income, with a view to reducing the liability (the reserve) in future periods during which the company may struggle.
A liability is something that an individual or company owes, usually a monetary amount. Liabilities are settled over time by the transfer of economic benefits, including money, goods, or services.
Current liabilities are short-term financial obligations of a company that matures within one year or within the normal business cycle. The operating cycle, also known as the cash conversion cycle, is the time it takes a company to purchase inventory and convert sales into cash.
In general, mitigating the risk of legal liability requires acting lawfully and taking clear responsibility for the well-being of others (groups that include customers or clients, competitors, and the general public).
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A.exclusive it’s not an intense level of distribution
Answer:
The options include:
[A] cannot implement the plan
<em>[B] can implement the plan
</em>
[C] can implement the plan only if no commissions are charged
[D] can implement the plan only if no management fee is charged
<em>[B] can implement the plan is Correct</em>
Explanation:
Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.
A good way to use a cover letter to start a two-way conversation with a potential employer is:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
<h3>
What is a cover letter?</h3>
- A letter of introduction that is connected to or is included with another document, such as a resume or curriculum vitae, is known as a cover letter, cover letter, inspiration letter, motivating letter, or letter of motivation.
- You should address two primary points in your cover letter: why you are the ideal candidate for the position, and why you are enthusiastic about working for the organization.
- Your cover letter should primarily consist of factual information without any filler or stereotypes.
A good way to use a cover letter to start a two-way conversation with a potential employee:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
Therefore, a good way to use a cover letter to start a two-way conversation with a potential employer is:
- Demonstrate excitement for the business.
- Accentuate a shared link.
- Start with a noteworthy accomplishment.
- Bring up a noteworthy topic.
- Show enthusiasm for what you do.
- Tell a unique tale.
- Start with a statement of belief.
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Answer:
$12,600
Explanation:
Particulars Amount
a. Issue common stock for cash $40,000
b. Purchase building and land with cash, -$25,000
c. Provide services to customers on account $6,000
d. Pay utilities on building -$500
e. Collect $4,000 on account from customers $4,000
f. Pay employee salaries -$8,000
g. Pay dividends to stockholders -<u>$3,900</u>
Net Cash Flow <u>$12,600</u>
