Answer:
Carry-back should be reported as a benefit
Explanation:
Tanner, Inc. is a company which has suffered a loss in 2018, and they have planned to use carry-back provisions because they generated profit. It is compulsory to report the provision in the 2018 financial statement. Overall, tanner, Inc. must report carry-back profits as a benefit in 2018 financial statement, because of the loss they received in 2018.
Answer:
At one time, the centrally planned economy of China encouraged farmers to produce iron in their backyards, rather than have factories make iron. This proved unsuccessful, since most of the farmers' iron was of poor quality. Why do you think this approach was unsuccessful? How could this experiment become a success in a free market economy?
The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.
The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved
Explanation:
Answer:
Theory Y views
Explanation:
According to McGregor, managers who subscribe to the theory Y assumptions have an optimistic view of their employees. They regard employees as intelligent and innovative people who can provide solutions to the organization's problems. Theory Y managers appreciate employee differences, encourage them to improve their skills and work rate.
<u>Assumptions of Theory Y include</u>
- Employees are happy to work on their initiative.
- Workers like to be involved in decision making.
- Workers are self-motivated and like to complete their tasks.
- Employees willingly seek and accept responsibility
- View work as fulfilling and challenging.
- Have the ability to solve the organization's problems creatively and innovatively.
Management accounting is the process of measuring and
analyzing financial and non-financial information that is relevant to the
company. This is an important part of the
Controller’s function in an organization since the Controller directly reports
to the chief financial officer. The report contains pieces of information which
contributes in making strategic decisions to achieve the goal of the
organization.
Answer:
15 million years
Explanation:
Antarctica is the continent that is spread around the South Pole, known for being covered with ice, and being the coldest place on the planet. The glaciation of the continent started around 34 million years, started to speed up since 23 million years ago, and became dominant on this continent only around 15 million years ago. Antarctica has not always been covered in ice, and in fact, through the majority of its geologic history Antarctica has been covered with dense forests. This was possible because the continent was much further north, relatively close to the Equator, thus its climate was tropical, subtropical, and temperate. That all started to change as first Pangaea, and then Gondwanaland broke apart, and Antarctica was the piece that was moving toward the South Pole. As Africa, India, Australia, and at last South America drifted apart from Antarctica, the continent was left surrounded by ocean waters where very cold ocean currents occurred because of the continental drift. On top of it the continent got into a place where the sunlight is very weak, thus gradually it started to freeze and had become almost entirely glaciated.
