Which of the following payments received on December 31, 2018, would be recognized by a cash basis taxpayer in 2018, but would not be recognized in 2018 by an accrual basis taxpayer?I.Checks received from customers for services rendered during November and December 2018.The checks are deposited...
Which one of the following independent circumstances represents dysfunctional behaviour arising from SWAL's transfer pricing policy? A SW refuses to sell SW+ to AL as there is unlimited demand for SW+ in the external market. B AL refuses to order from SW as it can buy SW+ from the open...
What is the remeasurement method of restating financial statements and when is it used? What is the term for the period of time over which a company anticipates deriving benefit from the use of an asset? Which method best represents the financial...
In hypothesis testing, the alternative hypothesis represents the counterpoint to which the null hypothesis is compared. When the parameter being tested is a scalar, the alternative hypothesis can be either one-sided or two-sided. Also see null hypothesis. arm. In the context of a clinical trial...
There are two main types of accounting methods that businesses use - cash-based accounting and accrual-based accounting. The difference between these two accounting methods is the following. In the accrual accounting methodthe revenue is posted when the service or product is sold and not when mone...
Answer to: True or false: sensitivity analysis involves determining the extent to which cash flows change, given a change in one particular input...
The Account class represents accounts in the system. The Account table uses single table inheritance to store information on each type of account (Asset, Liability, Equity, Revenue, Expense). Each account must be sub-classed as one of the following types: ...
Holdings assets declined 20% on a year-over-year basis and will end at $110 billion for the quarter, which represents only 6% of Citigroup's balance sheet. We expect to close an additional $31 billion of asset sales during the fourth quarter. We utilized an additional $700 million in ...
While we expected some decline as a result of the scale of the transformation activity in the year, this was more pronounced than we had anticipated and, in an already challenging labour market, represents a key challenge in engagement and retention. While employees felt positive in their ...
of 0.46% of average loans (annualized), up from 0.28% Increase in the allowance for credit losses of $8.4 billion Nonaccrual loans of $7.6 billion, up $1.7 billion, or 28% • Strong liquidity and capital positions: Liquidity coverage ratio1 (LCR) of 129%, which continued to ex...