Solution-Briefly describe the accounting treatment for prior

Briefly describe the accounting treatment for prior

Assignment Help Management Theories

Reference no: EM13337758

The correction of a material error discovered in a year subsequent to the year the error was made is considered a prior period adjustment. Briefly describe the accounting treatment for prior period adjustments.

Reference no: EM13337758

Questions Cloud

Compute the final speed of the electron : In a particluar x-ray tube, an electron approaches the target moving at 1.95 ? 108 m/s. compute the final speed of the electron

Suppose you are a manager of a factory and purchased five : Suppose you are a manager of a factory and purchased five new machines at one million dollars each. You can sell two of the machines for $500,000 each and three of them at only $200,000 each. What is your sunk cost?

Explain what is the percentage by mass of barium : he precipitate was filtered, dried and found to weigh 1.074 g. What is the percentage by mass of barium in the ore. Assume all of the barium is precipitated as BaSO4.

When you know that the imports and the marginal tax rate : Calculate the slope of the AE curve and the size of the multiplier if MPS = 0.20. Then, calculate the revised slope of the AE curve and the multiplier when you know that the imports and the marginal tax rate will reduce the slope of the AE curve by a..

Briefly describe the accounting treatment for prior : The correction of a material error discovered in a year subsequent to the year the error was made is considered a prior period adjustment. Briefly describe the accounting treatment for prior period adjustments.

What is the new mass of the rocket : A rocket is out in space, far away from any planet. At a certain time, it has a mass of 2.8 x 105 kg, most of which is fuel. what is the new mass of the rocket

What will happen to the level of short term interest rates : If banks desire to increase their lending, but the Federal Reserve is not adding reserves to the banking system, what will happen to the level of short term interest rates? Explain your answer carefully.

If money is worth 5 percent what is the equivalent present : A $90,000 investment is made. Over a 5 year period, a return of $30,000 occures at the end of the first year. Each successive year yields a return that is 10 percent less than the previous year's return. If money is worth 5 percent, what is the equiv..

Determine the recoil speed of the person and the skateboard : A person is standing on and facing the front of a stationary skateboard while holding a construction brick. The mass of the person is 70.0 kg, determine the recoil speed of the person and the skateboard

User Account

All Pages

Briefly describe the accounting treatment for prior

Reference no: EM13337758

Reference no: EM13337758

Questions Cloud

Reviews

Write a Review

Management Theories Questions & Answers

Learning in action

Change is the only constant

How do advertisers try to use group influence

Case study:saving sony

How the stock market works

Find the optimal production quantities

Describe the management process

Case study : bert''s bonsai and aquatic sport museum

Knowledge management techniques

Theory of transtheoretical model

Write a paper on historical trends of management

Theory of reasoned action

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT