Business, 14.06.2021 23:10 kebaby9930

Portal/site/FAC1601-21-S1-3E/tool/3 4772cf8-9110-45bf-baee-1854aa651670 /jsf/delivery/deliver Assessment QUESTION 1
Which one of the following alternatives is correct?
A. The retirement of a partner from a partnership does not require the calculation of a new profit-sharing ratio but a
simple reallocation of a retired partner's share.
OB. From the legal perspective, the activities of a dissolved and a subsequent new partnership are not separately
accounted for and reported on
OC. Since partnerships are not govemed by a law requiring that IFRS be applied, it is not possible to introduce a
standardised accounting procedure according to which changes in the ownership structure of partnerships ought to be
recorded
D. When a change in the ownership structure of a partnership occurs, a new partnership agreement is entered into by
the new partners which causes the existing partnership to continue with its business operations without any interruptions.
O E. Since a partnership is a legal entity, the ownership of a partnership is vested in the partners, and not in the
partnership
Reset Selection
Hi

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 02:20

Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.

Answers: 3

Answer

Business, 22.06.2019 12:30

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?

Answers: 3

Answer

Business, 22.06.2019 12:50

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

Answers: 3

Answer

Business, 22.06.2019 16:40

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?

Answers: 3

Answer

You know the right answer?

Portal/site/FAC1601-21-S1-3E/tool/3 4772cf8-9110-45bf-baee-1854aa651670 /jsf/delivery/deliver Assess...

Questions