Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 29, 2024

The hypothetical cost taken into account in a particular situation to represent a benefit enjoyed by an entity in respect of which no actual expense

The hypothetical cost taken into account in a particular situation to represent a benefit enjoyed by an entity in respect of which no actual expense is incurred is known as ------------

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Financial Statement Fraud Strategies For Detection And Investigation

Authors: Gerard M. Zack

1st Edition

1118301552, 9781118301555

More Books

Students also viewed these Accounting questions

Question

★★★★★

A put option that expires in six months with an exercise price of $65 sells for $4.89. The stock is currently priced at $61, and the risk-free rate is 3.6 percent per year, compounded continuously....

Answered: 1 week ago

Question

★★★★★

The Taylor Company has an ROA of 9.5 percent, a profit margin of 11.5 percent, and an ROE of 17.5 percent. a. What is the companys total asset turnover? (Do not round intermediate calculations and...

Answered: 1 week ago

Question

★★★★★

=+(2.8) P(AUB) = P(A) + P(B)-P(AnB). This is the case n = 2 of the general inclusion-exclusion formula:

Answered: 1 week ago

Question

★★★★★

1. Given the risk, what would motivate an investor to purchase stock in Gogo? 2. Why would Gogo sell stock rather than taking on additional debt financing? Do you think that this was a good decision?...

Answered: 1 week ago

Question

★★★★★

How does for-profit or not-for-profit status influence the practice of finance

Answered: 1 week ago

Question

★★★★★

Why is it important to understand the concept of future value of money important? How can it be used by an investor? When is discounting used? How is it helpful in decision making? Which value is...

Answered: 1 week ago

Question

★★★★★

The probability of event "A" is 50%. The probability of event "B" is 20%. "A" and "B" are two independent events. What is the probability of observing "A" and "B"?

Answered: 1 week ago

Question

★★★★★

Some statements are not considered hearsay because these statements are not being offered to prove the truth of the matter asserted in the statements. Thus, you must always ask yourself what is being...

Answered: 1 week ago

Question

★★★★★

21. Data: S0 = 100; X = 110; 1 + r = 1.1. The two possibilities for ST are 150 and 80. Calculate the value of a call option on the stock with an exercise price of 110. (Do not use continuous...

Answered: 1 week ago

Question

★★★★★

Car expenses using logbook and expense data Rory derives business income from a retail cosmetics store. On 1 October 2023, Rory bought a Mercedes for $38,340. Its effective life is eight years. Rory...

Answered: 1 week ago

Question

★★★★★

An analyst for Bloom Ltd, gathered the following information with regards to futures contract: Current spot-market price of R60 Risk-free interest rate of 8.87% per annum The six-month future...

Answered: 1 week ago

Question

★★★★★

1. Discuss the reasons for some line managers apparent reluctance to get involved in performance management and suggest ways to convince them of the value of this process to them.

Answered: 1 week ago

Question

★★★★★

5. From the techniques presented in this chapter, which ones would be useful in establishing if the candidate has the knowledge and skills, as stated in their CV?

Answered: 1 week ago

Question

★★★★★

5. Why do employment interviews have such a low validity and what can be done to improve the validity?

Answered: 1 week ago

Previous Question Next Question