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IceJOKER [234]
2 years ago
6

Which of the following indicators is not considered when determining whether performance obligations are satisfied at a point in

​ time? A. The vendor has a present right to payment for the asset. B. The customer is likely to reject delivery of the asset. C. The customer has the significant risks and rewards of ownership of the asset. D. The customer has legal title to the asset.
Business
1 answer:
otez555 [7]2 years ago
4 0

Answer:

The correct answer is letter "B": The customer is likely to reject delivery of the asset.

Explanation:

In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.

<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>

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A dealer in British pounds who thinks that the pound is about to depreciate:
natima [27]

A dealer in British pounds who thinks that the pound is about to depreciate may want to lower both his bid price and his ask price.

<u>Option: A</u>

<u>Explanation:</u>

The value of the bid corresponds to the top rate a customer pays for a safe. The value which is asked refers to the cheapest rate, which got agreed by a supplier for a service.The variance among these two costs is referred to as range; the narrower the range is, the growing the liquidity of the protection provided.

The average consumer is contending with the bid and asking dissemination as an implied exchange cost. For an instance, if security A's current price quotation is $20.40/$20.45, shareholder X, who is looking into buying A at the current market value, would charge $20.45, whereas shareholder Y, who wants to sell A at the current market value, would receive $20.40.

7 0
2 years ago
According to the international codes of conduct, mnes should ________.
Lunna [17]
The answer is option "<span>d. conduct research and development activities in developing countries".
</span>

MNE stands for a multinational enterprise, which refers to an organization that has a globally deal with business sectors, creation as well as tasks in a few nations. Famous MNEs incorporate fast-food organizations or companies are McDonald's (MCD), (YUM), Starbucks Coffee Company (SBUX), Microsoft (MSFT), and so on. Other mechanical MNEs  incorporate vehicle producers, for example, Ford Motor Company, and General Motors (GMC). 
6 0
2 years ago
Explain the role of cognitive shortcomings in the WorldCom fraud and how social and organizational pressures influenced Betty Vi
bulgar [2K]

Answer: Ethical Obligations and Decision-Making in Accounting-The Heading  is devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity.

* This program is designed to provide instructors with the flexibility and pedagogical effectiveness, and includes numerous features designed to make both learning and teaching easier.

Explanation: The first, addressed in Part I, is the administrative cost of deregulation, which has grown substantially under the Telecommunications Act of 1996.Part II addresses the consequences of the FCC's use of a competitor-welfare standard when formulating its policies for local competition, rather than a consumer-welfare standard. I evaluate the reported features of the FCC's decision in its Triennial Review. Press releases and statements concerning that decision suggest that the FCC may have finally embraced a consumer-welfare approach to mandatory unbundling at TELRIC prices. The haphazard administrative process surrounding the FCC's decision, however, increases the likelihood of reversal on appeal.Beginning in Part III, I address at greater length the WorldCom fraud and bankruptcy. I offer an early assessment of the harm to the telecommunications industry from WorldCom's fraud and bankruptcy. I explain how WorldCom's misconduct caused collateral damage to other telecommunications firms, government, workers, and the capital markets. WorldCom's false Internet traffic reports and accounting fraud encouraged overinvestment in long-distance capacity and Internet backbone capacity. Because Internet traffic data are proprietary and WorldCom dominated Internet backbone services, and because WorldCom was subject to regulatory oversight, it was reasonable for rival carriers to believe WorldCom's misrepresentation of Internet traffic growth. Event study analysis suggests that the harm to rival carriers and telecommunications equipment manufacturers from WorldCom's restatement of earnings was $7.8 billion. WorldCom's false or fraudulent statements also supplied state and federal governments with incorrect information essential to the formulation of telecommunication policy. State and federal governments, courts, and regulatory commissions would thus be justified in applying extreme skepticism to future representations made by WorldCom.Part IV explains how WorldCom's fraud and bankruptcy may have been intended to harm competition, and in the future may do so, by inducing exit (or forfeiture of market share) by the company's rivals. WorldCom repeatedly deceived investors, competitors, and regulators with false statements about its Internet traffic projections and financial performance. At a minimum, WorldCom's fraudulent or false

6 0
1 year ago
Orleans Corporation, a U.S. corporation, reported U.S. taxable income of $2,000,000. Included in the computation of taxable inco
Dafna11 [192]

Answer:

$420,000

Explanation:

Calculation for Orleans’s net U.S. tax liability

Using this formula

Tax liability=Taxable income×U.S tax rate

Let plug in the formula

Tax liability=$2,000,000×21%

Tax liability=$420,000

Therefore Orleans’s net U.S. tax will be $420,000. The withholding tax amount of $8,000 was not included because it was already imposed on the dividend.

8 0
1 year ago
Owen is looking to sell his guitar for nothing less than $60. Suppose Shannon offers him $100, although she was willing to pay u
AnnZ [28]

Answer:

The total value created is $70

Explanation:

In this scenario, the total value created is the total monetary benefit of a consumer and a producer with respect to the sale of a product. It therefore, is the sum of the consumer surplus and producer surplus. It is calculated as follows:

Consumer surplus = consumer's willing price - market price = 130 - 100 = $30

Producer surplus = market price - producer's willing price = 100 - 60 = $40

Therefore, total value created = 40 + 30 = $70

7 0
2 years ago
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