What is the purpose of a partnership's obtaining life insurance policies on each of the partners?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
To conclude we can say that the purpose of obtai...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
Question Posted:
Students also viewed these Cost Accounting questions
-
What is the purpose of a partnership agreement, and what should it include?
-
What is the purpose of a credit memo?
-
What is the purpose of a job cost sheet?
-
Draw a graph showing the marginal revenue (MR) and marginal cost (MC) of increasing the tax rate (t) in the Peltzman model of regulation represented by equation (19.1). Place the tax rate on the...
-
Xellnet provides e-commerce software for the pharmaceuticals industry. Xellnet is organized into several divisions. A companywide planning committee sets general strategy and goals for the company...
-
Identify the qualitative characteristics of accounting information.
-
(a) Who are StuffDOTs target markets and (b) what items are most likely to be Dotted by each of these user groups?
-
The click throughs obtained for Eltronix Inc during an eight-week period are provided in the table below. Eltronix ran a branded keyword search campaign in the first four weeks at a CPC of $0.15....
-
Suggest the possible course of action ( s ) to prevent money laundering in banks in the future.
-
Evaluate the sales promotion strategies used by Tim Hortons. What marketing and marketing communications objectives do they meet? How does Tim Hortons integrate sales promotions with other components...
-
Under what circumstances will a partner who is leaving a partnership give the remaining partners a bonus?
-
Gurprinder and Harjinder decided to form a partnership and operate a business together. Harjinder is much more cautious and concerned about keeping expenses to a minimum than Gurprinder. Harjinder...
-
What criteria are considered in deciding on the frequency of progress reporting for a project?
-
Factor completely. x10 2x5 +1
-
Which of the three essential financial statements is most important for your business for the feasibility plan? Explain your answer.
-
Module 05 Content Background Having a comprehensive understanding of curriculum models and approaches to early childhood education can give you an appreciation of the many options available to...
-
- 7 ( 3 x - 2 ) 2 find the derivative
-
The Reciprocal Method Solve the Simultaneous Equations: S1=170,000+(0.2*S2) S2=68,000+(0.2*S1) S1=170,000+[0.2*(68,000+0.2*S1)]
-
A 9.36-g piece of platinum was heated to 98.6C in a boiling water bath and then dropped onto ice. (See Study Question 47.) When the metals temperature had dropped to 0.0C, it was found that 0.37 g of...
-
Complete the following acid-base reactions: (a) HCCH + NaH
-
Refer to the transaction information provided in E3-4 for Action Quest Games. Assume that prepaid expenses are initially recorded as expenses (not as assets as in E3-4). Assume that revenues...
-
At Richmond Company, the following select transactions occurred in January, the company's first month of operations: Jan. 1 Paid rent of $1,000 for January. 2 Paid $1,920 for a one-year insurance...
-
For the following independent situations, use professional judgement to determine when the company should recognize revenue from the transactions: (a) WestJet Airlines sells you a nonrefundable...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App