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dangina [55]
1 year ago
8

Kale, a California CPA, is a sole practitioner who prepared 500 tax returns in 20X6. At the end of 20X6 she took over a tax prac

tice from a close friend who died suddenly and will now prepare nearly 900 returns during 20X7. Due to the increased work load and her inability to hire qualified help, Kale because so busy that she forgot to complete all of her required continuing professional education. When it became time to renew her license in May 20X7 she realized that she was 30 hours short of the total hours required, she had not taken enough accounting and auditing hours, and it was the renewal period in which she was required to take her California Regulatory Review course which she had not completed within the previous six years. Given the situation, what must Kale do
Business
1 answer:
Firdavs [7]1 year ago
6 0

Answer:

Kale should apply to have her license put on inactive status while she completes her CPE requirements. During thatperiod of time she may not engage in the practice of public accounting

Explanation:

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The city of Brock’s Water Enterprise Fund leases water treatment equipment. The life of the noncancellable lease is 10 years, an
Degger [83]

<u>Solution and Explanation:</u>

The Journal Entries in the books of Brock's water enterprise is as follows :-

Date  Particulars and details                             Debit($)  Credit($)

Jan 5, 2018  Intangible Assets - Lease  905861  

Lease Payable                                            905861

(Being Record the Lease)        

Jan 5, 2018  Lease Payable                  125000  

Cash                                                           125000

(Being Record Down Payment)        

Dec 31, 2018  Amortization Expenses ($905861divide 10)  90586  

Accumulated Amortization                                           90586

(Being Record the amortization)        

Jan 5, 2019  Lease Payable (\$ 125000-\$ 62469) 62531  

Interest Expenses ((\$ 905861-\$ 125000) * 8 \%)   62469  

Cash                                                                              125000

(Being Record the Second Lease Payment)  

3 0
1 year ago
Which of the following is true about A/B testing?A. You need to attend WPC 300 course to learn about A/B Testing.B. To increase
Olegator [25]

Answer:

B. To increase conversion rate of your website traffic, A/B testing can be beneficial

Explanation:

A/B testing is also called split testing or bucket testing, it is a technique that involves determining which version of a Web page or an application works better by comparing two versions. A/B testing is one of the ways through which one can optimize a website funnel, it is also a way of gathering information about qualitative and quantitative user on a website.

A/B testing helps to make minor changes to a webpage, achieve significant improvement.

7 0
2 years ago
Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a.
a_sh-v [17]

Answer:

d. Understanding variation is essential to improving quality.

Explanation:

Deming develop a theory of variation. He said that is normal that business face changes and systems variate, but he specified that is essential for managers to identify and understand special and common causes of variation. He affirms that only managers have the authority to change the causes of variation and then they must to avoid repeated problems.

7 0
1 year ago
When Mayo Clinic conducted its analysis during the 1980s, what two segments of the general environment did it initially focus on
Georgia [21]

Answer: a. Demographic and Economic .

Explanation:

In Mayor's clinic analysis of the future, it was stated that both the economic and demographic trends looked bleak.

6 0
1 year ago
Sue works in the finance department of a large multinational corporation. Her manager has asked her to submit a detailed report
damaskus [11]

Option C

Sue at in developing alternatives decision-making process.

<h3><u>Explanation:</u></h3>

Developing alternatives challenges decision-makers to collect data, evaluate that data, and brainstorm to develop up with various answers that can be analyzed and sorted. Inventive thinking, and imagining out of the box, are essential to growing up with a full variety of alternatives. Developing good alternatives is an iterative responsibility.

Originally, the responsibility is to create a variety of creative alternatives. The necessity to obtain a decision appears because there are several possible alternatives. Getting up with wider than one resolution empowers decision-makers to understand which one can really work.

3 0
2 years ago
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