Which one of the following is not applicable when provision for tax is considered an appropriation? (a)

Question:

Which one of the following is not applicable when provision for tax is considered an appropriation?

(a) It is shown in schedule for change in net working capital.

(b) Provision for tax made during the year is adjusted while calculating funds from operations.

(c) Payment of tax is shown as an application.

(d) None of these.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

See More Books

Question Posted: Dec 15, 2023 11:36 PM

See More Questions

Question 6 10 points Save Ar A 100-watt light bulb illuminates a solar cell. The electricity from the solar cell operates a water pump that delivers 1 watt of power. What is the efficiency of the...
8. A hawk, flying at a height of 50 feet, spots a mouse on the ground. He dives to catch the mouse at a speed of 45 feet per second. a. Using the vertical motion model, h(t) = -16t + vt + h,, write...
For each of the following multimedia networking applications, determine whether TCP or UDP is a more suitable transport protocol. Also, explain the reason why you think TCP (or UDP) is more suitable....
Both of the following questions are essentially the same. Does the difference in wording seem as though it could affect the way that people respond? Are you in favor of the "Defense of Marriage...
A wire carries a 7.00-A current along the x-axis, and another wire carries a 6.00-A current along the y -axis, as shown in figure. What is the magnetic field at point P, located at x = 4.00 m, y =...
When a sound wave passes from air into a solid object, which of the following wave properties stays the same and which change? Explain. (a) The amplitude (b) The frequency (c) The wave speed (d) The...
What is exporting? What are its advantages and disadvantages? LO.1
On January 1, 2010, Corgan Company acquired 80 percent of the outstanding voting stock of smashing, Inc., for a total of 980,000 in cash and other consideration, at the acquisition date, smashing had...
What nominal interest rate per year is equivalent to an effective 16% per year compounded semi-annually? (Place your answer in percentage format and round off to the nearest 2 decimal places)...
Which one of the following is applicable when proposed dividend is considered current liability? (a) Payment of dividend is shown as an application. (b) Provision for dividend made during the year is...
Prepare schedule of changes in net working capital. Additional Information: (i) Dividend paid during the year was 2,90,000 and tax paid during the year was 85,000. (ii) Depreciation provided on fixed...
List and define the assertions about account balances at the period end.
What are the major immediate concerns for the HR manager in Austral Group SAA when merging two different organizational cultures - in this case, Peruvian and Norwegian cultures?
Explain the relation between the corporate, business and functional strategies. Please produce an in-depth explanation.
Consider the problem of terrorism during Radical Reconstruction. If you had been an adviser to the President, how would you propose to deal with the problem? Give a minimum of TWO examples and fully...
describe at least one element of an Airport Master Plan. Discuss the importance of this element and how it fits into the overall Airport Master Plan document to include its processes and objectives.
It is suggested that Wikipedia has replaced the hardback encyclopedia books, such Encyclopedia Brittanica. What other ways do you foresee technology changing businesses that have been around for...
Suppose that S is a finite linearly independent set of vectors from the vector space V. Let T be any subset of S. Prove that T is linearly independent.
White Bolder Investments (WBI) You are an intern working for WBI, a large investment advisory services in Sydney. Among other regular customers, WBI has been providing advisory services for Jumbo...
How would the current and quick ratios of a service business compare?
How would the current and quick ratios of a service business compare?
How would the current and quick ratios of a service business compare?
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...
An investment will pay you $34,000 in 11 years. If the appropriate discount rate is 6.1 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...

Which one of the following is not applicable when provision for tax is considered an appropriation? (a)

Question:

Step by Step Answer:

a It is show...View the full answer

Financial Accounting

Students also viewed these Business questions