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lidiya [134]
2 years ago
12

Select the correct text in the passage. Danny is starting out a new job at an IT firm. Which of the following practices are unet

hical business practices that Danny should avoid at work? On his first day Danny uses his allocated username and password to logon to his system. He visits the required websites and then sends a report over to Alex. Alex is not at his seat and Danny urgently requires some documents, so he logs in to Alex's computer and mails the file to himself. On his second day Danny needs to create a report of the rising trends in Virtual Reality, he pulls up an article form an International newspaper and uses the exact content for his report. Danny wants to access his bank account to make a transaction, but he avoids doing it at office and does it when he gets home.
Business
2 answers:
expeople1 [14]2 years ago
8 0

Answer:

Alex is not at his seat and Danny urgently requires some documents, so he logs in to Alex's computer and mails the file to himself.

Explanation:

Logging in to another employee's system without his/her consent nor informing the boss of the firm is an unethical business practice.

Alex might have some vital and private information or data on his system in which he alone must access it.

daser333 [38]2 years ago
3 0
Logging onto Alex’s computer and mailing the file to himself is an unethical business practice Danny should avoid at work. This would be considered an invasion of privacy, as logging onto someone else’s computer, even if you’re in a rush, is generally frowned upon.
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Answer:

Defining current and deferred tax first;

Current Tax - Current tax is the amount of Income Tax determined to be payable in respect of taxable income for a period.

Deferred Tax - Deferred tax is the tax effect of the timing difference. The difference between the tax expenses (which is calculated on an accrual basis) and current tax liability to be paid for a particular period as per Federal Income Tax Law is called deferred tax (asset/liability). That is why Tax Expenses + Current Tax + Deferred Tax

on the basis of the above explanations the question has been solved below:-

Particulars Amount

Current Year Income as per financial accounting $ 48,000

Current Year Taxable Income as Income Tax Laws $ 38,000

Current Year Tax Payable on Income Taxable under Federal Income Tax Laws $ 5,600

Current Year Tax Payable on Income as per financial accounting $ 7,600

Deferred Tax Asset to be recorded in Books of Accounts $ 2,000

Tax Rate to be used to record Deferred Tax Asset in Books = 20%

5 0
1 year ago
Read 2 more answers
Armstrong Corporation manufactures bicycle parts. The company currently has a $19,800 inventory of parts that have become obsole
FinnZ [79.3K]

Answer:

If sold without Modification, Armstrong Corporation will incur a loss of $12,500.

If the Corporation modifies the Stock and then Sell it, its loss will be $9,200.

Explanation:

<u>Workings</u>

Without Modification:

Selling Price                   = 7,300

Less: Cost of Inventory = 19,800

Loss                                = $12,500.

Modification:

Selling Price                   = 20,900

Less: Cost of Inventory = 19,800

        Modification Cost = 10,300

Loss                                = $9,200.

If you have any queries, feel free to ask. Thanks!

4 0
1 year ago
What are the criteria Jason should use in evaluating investment alternatives? 2.What questions does this case raise that you nee
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1 year ago
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost
Tcecarenko [31]

Answer:

The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.

Explanation:

The depreciation cost per unit is computed as:

Depreciable asset = Cost - Salvage Value

                               = $205,860 - $7,900

                               = $197,960

Depreciation per unit = Depreciable asset /Useful life expected value

                                    = $197,960 / 141,400

                                    = $1.4

Therefore, the per unit cost is $1.4

8 0
1 year ago
A company purchased a tract of land for its natural resources at a cost of $1,000,000. It expects to harvest 5,000,000 board fee
hram777 [196]

Answer:

The correct answer is $0.16.

Explanation:

According to the scenario, the given data are as follows:

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Depletion expense = ( Total cost - Salvage value) ÷ Total Units

By putting the value, we get

Depletion expense = ( $1,000,000 - $200,000) ÷ 5,000,000

= $0.16

5 0
1 year ago
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