FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cuinert Laibitily.. 9. An employee was termindted from your company recently and he filed a case against the firm with the Court of Law. Your

image text in transcribed
cuinert Laibitily.. 9. An employee was termindted from your company recently and he filed a case against the firm with the Court of Law. Your legal counsel informs you that there is a probability that your company might win the case. However, he advises you to apportion AED50,000, towards this liability. (Marks Allotted: 2) Question a) How do you call this liability which may or may not arise in the future? Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Accounting And Reporting

International Financial Accounting And Reporting

Authors: Ciaran Connolly

2nd Edition

0903854724, 978-0903854726

More Books

Students also viewed these Accounting questions

Question

★★★★★
Orwell Company accumulates the following adjustment data at December 31. 1. Services provided but not recorded total $1,420. 2. Supplies of $300 have been used. 3. Utility expenses of $225 are...

Answered: 1 week ago

Question

★★★★★
Calculate the total electric flux through the paraboloidal surface due to a uniform electric field of magnitude E 0 in the direction shown in Figure P24.13 Eo

Answered: 1 week ago

Question

★★★★★
Give an example of upward comparison and an example of downward comparison.

Answered: 1 week ago

Question

★★★★★
Heather Company has $10,000 to invest. One alternative will yield 10% per year, compounded annually for four years. A second alternative is to deposit the $10,000 in a bank that will pay 8% per year,...

Answered: 1 week ago

Question

★★★★★
Exercise 6-15A (Algo) Distinguishing between maintenance cost and capital expenditures LO 6-7 Bilr's Wrecker Service has just completed a minor repair on a tow truck. The repair cost was $1,030, and...

Answered: 1 week ago

Question

★★★★★
Toward the middle of the harvesting season, 39 trucks went out carrying early peaches; peaches for canning come in three types, early, 67 carried late peaches; late, and extra late, depending on the...

Answered: 1 week ago

Question

★★★★★
The S-N-curve for an elastic material is characterized by the Basquin relationship, = C.N where C is a material constant, is the stress amplitude, Nr is the number of fully-reversed- stress cycles to...

Answered: 1 week ago

Question

★★★★★
2. Write a clarifying statement for your top five prioritized values. Answer the question, "What does this value really mean to me?" If you were living that value perfectly, what would your behaviour...

Answered: 1 week ago

Question

★★★★★
When a failure-to-extract malfunction is experienced in the AR platform, the barrel must be removed in order to properly replace the extractor

Answered: 1 week ago

Question

★★★★★
X; as an estimate of the population mean Problem 7. (10 POINTS) WEIGHTED SAMPLE MEAN In lectures, we discussed the sample mean X = =i. Let us consider a more general class of estimators: n X = wiXi,...

Answered: 1 week ago

Question

★★★★★
a ) Simplify this distributed load to an equivalent load / s . b ) Solve the reactions at A and B . and draw FBD of equivalent loading? 6 kN/m 9 kN/m 00 1.5 m 2 m 3.5 m

Answered: 1 week ago

Question

★★★★★
Using the General Schedule, calculate the number of years it would take an employee to advance from her starting position in Grade 11 (Step 1) to Step 10 if she is demonstrating acceptable...

Answered: 1 week ago

Question

★★★★★
What would you do?

Answered: 1 week ago

Question

★★★★★
Based on your understanding of the various components of direct financial compensation (Learning Objective 9-2 ), which approach is most fitting for recognizing job incumbents contributions? Explain.

Answered: 1 week ago

Previous Question Next Question