Changes in accounting estimates are: O A. Reported in future periods only. B. Accounted for in current and future periods. O C. Reported in past periods only. O D. Reported as prior period adjustments.
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A: OPTIONAL QUESTIONS
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- Which of the statements below, regarding the tax reporting requirements applicable to Commodity Credit Corporation (CCC) loans, is NOT correct? (A) A farmer can elect each year whether or not to report loan proceeds when received. (B) A farmer can request income tax withholding from CCC loan payments received. (C) A CCC loan amount is normally taxable in the year the pledged commodity is sold. (D) A farmer can elect to report the loan amount in the year the proceeds are received.Correct and detailed answer will be Upvoted else downvoted. Thank you!> A Moving to the next question prevents changes to this answer. estion 4 At its press conference, Microsoft announced that customers would not have the ability to play used games on its videogame system. Later that day, Sony announced that its videogar used games. Only days later, Microsoft completely reversed its stance on used games to match Sony's strategy. In this scenario, Microsoft's strategy evolved A. proactively. B. deliberately. C. adaptively. D. incrementally. MacBook Air 80 888 F1 F2 F3 F4 F5 F6 F7 F8 F9 #3 2$ & 4 7 8. W R T Y
- %24 wP NWP Assessment Builder UI App X WP NWP Assessment Player UI Appli X A Player A Player Chapter 13 Wiley Assignment - H x A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld%3Da67db8cb-3f9b-4d0b-ae91-9b01aaada0c5#/question/7 e Chapter 13 Wiley Assignment - Homework Question 8 of 8 View Policies Current Attempt in Progress The concession stand at the Shelby High School stadium sells slices of pizza during boys' and girls' soccer games. Concession stand sales are a primary source of revenue for the high school athletic programs, so the athletic director wants to sell as much food as possible; however, any pizza not sold is given away free to the players, coaches, and referees or it is thrown away. Thus, the athletic director wants to determine a reorder point that will meet the demand for pizza. Pizza sales are normally distributed with a mean of 6 pizzas per hour and a standard deviation of 3.70 pizzas. The pizzas are ordered from Pizza Beth's restaurant, and the…Which of the following is not part of the Sarbanes-Oxley Act? O Independent outside auditors must eliminate redundant internal controls. O Publicly traded U.S. corporations are required to maintain an adequate internal control system. O Independent outside auditors must attest to the adequacy of the internal control system. O Companies that fail to comply are subject to fines and company offices can be imprisoned.Which of the following is the correct sequence in which cost management information is developedand used?a. Business events, data, information, analysis, decisionsb. Business events, data, analysis, information, decisionsc. Business events, information, analysis, knowledge, decisionsd. Business events, data, information, knowledge, decisions
- Multiple Choice Questions:1. CIS has several significant effects on an organization. Which of the following would not be important from an auditing perspective< a. organizational changes c. the potential for material misstatement b, the visibility of information d. none of the above; i.e. they are all important2. An important characteristic of CIS is uniformity of processing. Therefore, a risk exists that: a. Auditors will not be able to access data quickly. b. Auditors will not be able to determine if data is processed consistently. c. Erroneous processing can result in the accumulation of a great number of misstatements in a short period Which of time. d. All of the above3. Which of the following is not a risk specific to CIS environment ? a. reliance on the functioning capabilities of hardware and software. b. increased human involvement…Which of the following is true regarding the business views/goals to build a business intelligence data warehouse? * Makes an organization’s information inaccessible. Make an organization’s information inconsistent. Empowers end users and gives them control over their reporting needs.Yields small Return on InvestmentIdentifying customers with the greatest profit potential increases the likelihood that they will want the product or service offering and retain loyalty. Which of the following best describes the statement? * Research and development Product and service quality Customer selection Human capital Which of the following is NOT a reason for building a data warehouse? Provide a decentralized decision-making environment and not to rely on IT folk None of the above Provide good performance for both decision support and OLTP applications Provide answers to business questions that thus far have been unansweredNeed urgent answer please. Q2. What is the role of an internal auditor? This is full question and not an eassy question at all. Answer must be plagirism free and in reasonable length. Length should not be too short or too long. Give reasonable answer please.
- O d. They do selective business functions Mr. Rashid is a farmer. He grows a variety of vegetables. He also runs a vegetable shop where he sells his farm grown vegetables directly to customers. Based on this information, which of the following option is correct? O a. Mr. Rashid is in the farming and retailing business O b. Mr. Rashid s in the mining and retailing business c. Mr. Rashid is in the farming and wholesale business O d. Mr. Rashid is in the mining and manufacturing business lenovoConsider the following statements: I. Principal Component Analysis (PCA) provide low-dimensional linear surfaces that are closest to the observations. II. The first principal component is the line in p-dimensional space that is closest to the observations. II. PCA finds a low dimension representation of a dataset that contains as much variation as possible. IV. PCA serves as a tool for data visualization. Determine which of the statements are correct. O a. Statements I, II, and II only O b. Statements I, III, and IV only 1. Statements II, III, and IV only O d. Statements I, II, and IV only O e. Statements I, II, II, and IV are all correct11 At what point should a business information manager assume that he or she will not receive any more new questions or requests to solve problems? O A. Questions and problem-solving requests usually end after about six weeks. O B It can take six months or more for a business information manager to stop receiving questions or requests. O C. It takes about a year before the manager has answered all questions and solved all problems. OD. There are always new questions to answer and new problems to solve in this line of work.