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
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 210 days ago|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
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
17,188,699 questions answered
Popular Conversations
Indicate whether the statement is true or false. The reason a penny ...
Weegy: TRUE - The reason a penny thrown straight up inside an airplane will come back to your hand is that you, the air ...
8/31/2014 3:31:31 PM| 4 Answers
A line passes through the points (-10, -4) and (-1,2). What is the ...
Weegy: A line passes through the points (-10, -4) and (-1,2). The y-intercept of the line is 8/3. The equation of the ...
8/31/2014 11:50:10 AM| 3 Answers
India is a subcontinent and consists of all of the following except. ...
Weegy: Indian subcontinent has all the features , valleys in himalayan mountains , deccan plateaus , thar desert , and ...
8/31/2014 11:02:13 AM| 2 Answers
Market economy. User: Command economy.
8/31/2014 8:31:19 PM| 2 Answers
Consider this quote: "In each of these historical instances . . . ...
Weegy: D. it stands for the omission of only a single word. User: Which of the following statements correctly ...
9/1/2014 8:30:28 AM| 2 Answers
Which of the following is least likely to form ...
Weegy: Helium is least likely to form bonds. User: Which of the following is an example of plasma? the atmosphere ...
8/31/2014 12:42:25 AM| 1 Answers
Weegy Stuff
S
L
1
L
Points 112 [Total 6645]| Ratings 0| Comments 112| Invitations 0|Offline
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
Points 73 [Total 24473]| Ratings 0| Comments 73| Invitations 0|Offline
S
L
C
P
C
1
L
L
Points 72 [Total 16011]| Ratings 0| Comments 72| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 26 [Total 17198]| Ratings 0| Comments 26| Invitations 0|Online
S
Points 20 [Total 20]| Ratings 0| Comments 0| Invitations 2|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 18 [Total 18549]| Ratings 0| Comments 18| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 14 [Total 11260]| Ratings 0| Comments 14| Invitations 0|Offline
S
Points 13 [Total 683]| Ratings 0| Comments 13| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 12 [Total 9792]| Ratings 0| Comments 12| Invitations 0|Offline
S
Points 11 [Total 69]| Ratings 1| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.