Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Assets are reported on the firm's balance sheet
Question
Updated 1/7/2012 9:30:55 PM
1 Answer/Comment
True. Assets are reported on the left side of a balance sheet. Liabilities and Owner's Equity are reported on the right side.
Added 1/7/2012 9:30:55 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [2/3/2014 10:54:56 AM], Rated good by jeifunk
A financial manager makes recommendations to top executives regarding strategies for improving the financial strength of a firm
Weegy: True. FINANCIAL MANAGERS are managers who make recommendations to top executives regarding strategies for improving the financial strength of a firm. http://faculty.ccbcmd.edu/~jwhitelo/mngt101/ppt/Chapter%2018.ppt. (More)
Question
Updated 2/3/2014 10:56:40 AM
0 Answers/Comments
If the goal of a business is to pay lower taxes on its income during an inflationary period, it is likely to use the FIFO inventory costing method.
Question
Updated 1/7/2012 9:29:37 PM
1 Answer/Comment
False. During an inflationary period, prices are rising. Under LIFO (last in last out) inventory costs deducted from sales would be higher, resulting in lower net income and lower taxes.
Added 1/7/2012 9:29:37 PM
This answer has been added to the Weegy Knowledgebase
To be effective, an internal auditor must be critical of any improprieties or deficiencies found in the financial activities of the firm.
Weegy: Yes Weegy agrees to your statement. :) So any other concerns with an "internal auditor" we can help you!? [smile] (More)
Question
Expert Answered
Asked 1/7/2012 9:27:26 PM
0 Answers/Comments
Julio borrowed money from a close friend to obtain a liquor license for his pub, and gave him a written promise to repay the amount within six months. Julio should list this business debt as an operating expense on his pub's balance sheet.
Question
Not Answered
Updated 1/7/2012 9:41:59 PM
1 Answer/Comment
False. Expenses are not listed on a balance sheet. They are listed on the income statement. The loan should be listed as a current liability on the balance sheet.
Added 1/7/2012 9:41:59 PM
This answer has been added to the Weegy Knowledgebase
20,691,257 questions answered
Popular Conversations
The president is also known as the "commander in chief." The term ...
Weegy: Which of the following BEST describes the concept of a pocket veto? A. The president vetoes a bill by ignoring ...
5/2/2015 9:02:33 AM| 2 Answers
Which of the following is the most effective way to encourage ethical ...
Weegy: The most effective way to encourage ethical business behavior is to establish and enforce a corporate code of ...
5/2/2015 12:07:56 AM| 1 Answers
Adipose tissue
5/2/2015 12:22:00 AM| 1 Answers
omega-3 fatty acids
5/2/2015 12:23:43 AM| 1 Answers
After 1965, black civil rights leaders found it difficult to A. ...
Weegy: After 1965, black civil rights leaders found it difficult to achieve economic equality in the North.
5/2/2015 12:25:46 AM| 1 Answers
Weegy Stuff
S
Points 161 [Total 691]| Ratings 0| Comments 161| Invitations 0|Offline
S
1
Points 34 [Total 426]| Ratings 0| Comments 34| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 17 [Total 8763]| Ratings 0| Comments 17| Invitations 0|Offline
S
1
L
L
Points 11 [Total 8194]| Ratings 0| Comments 11| Invitations 0|Offline
S
L
Points 11 [Total 3765]| Ratings 0| Comments 11| Invitations 0|Offline
S
Points 3 [Total 231]| Ratings 0| Comments 3| Invitations 0|Offline
S
Points 2 [Total 22]| Ratings 0| Comments 2| Invitations 0|Online
S
Points 1 [Total 9]| Ratings 0| Comments 1| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.