Is it inconsistent to use future salaries for service cost calculations and current salaries for minimum liability
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
It is somewhat unsettling but not necessarily inconsistent The purpose of using future salaries ...View the full answer
Answered By
Ann Wangechi
hey, there, paying attention to detail is one of my strong points, i do my very best combined with passion. i enjoy researching since the net is one of my favorite places to be and to learn. i am a proficient and versatile blog, article academic and research writing i possess excellent English writing skills, great proof-reading. i am a good communicator and always provide feedback in real time. i'm experienced in the writing field, competent in computing, essays, accounting and research work and also as a Database and Systems Administrator
4.90+
151+ Reviews
291+ Question Solved
Related Book For
Accounting Theory Conceptual Issues in a Political and Economic Environment
ISBN: 978-1412991698
8th edition
Authors: Harry Wolk, James Dodd, John Rozycki
Question Posted:
Students also viewed these Accounting questions
-
Is it inconsistent to claim that (a) peoples preferences differ and (b) at their current consumption levels, their marginal rates of substitution are equal?
-
Why is it inconsistent to believe that the long-run aggregate supply curve is vertical and the long-run Phillips curve is downward sloping?
-
The CEO has decided to plan for a salary action affecting a number of individuals in the organization. He has decided to give a $2,000 cost-of-living pay increase to all hourly employees and a $4,000...
-
On January 1, 2018, JKJ purchased a 1,000 acre farm with a building. The asking price was $2,600,000. Approximately 15 percent of the total value of the farm was allocable to the building and the...
-
Suppose the current ratio for your company changed from 2 to 1 to become 1.8 to 1. Would you expect the level of working capital to increase or to decrease? Why?
-
An aldehyde contains the carbonyl group. Ketones, carboxylic acids, and esters also contain the carbonyl group. What distinguishes these latter compounds from an aldehyde?
-
Water flows through a 40 -mm-diameter nozzle meter in a 75 - \(\mathrm{mm}\)-diameter pipe at a rate of \(0.015 \mathrm{~m}^{3} / \mathrm{s}\). Determine the pressure difference across the nozzle if...
-
Whirlpool manufactures and sells home appliances under various brand names. IBM develops and manufactures computer hardware and offers related technology services. Target Stores operates a chain of...
-
What are the challenges in integrating process simulation with real-time process control and automation? How can digital twins and cyber-physical systems support the seamless integration of...
-
Five data entry operators work at the data processing department of the Georgia Bank. Each day for 30 days, the number of defective records in a sample of 250 records typed by these operators has...
-
Why is there a pension accounting problem with defined benefit pension plans, but not with defined contribution plans?
-
Explain how previous pension accounting standards were based on a revenue-expense approach to the financial statements.
-
Laurens Company purchased equipment that cost $10,000 on January 1, 2014. The asset had an expected useful life of five years and an estimated salvage value of $2,000. Laurens uses the straight-line...
-
While converting a list of Kelvin temperatures to degrees Fahrenheit and degrees Celsius, you notice that one temperature on the Kelvin scale has the same numerical value on both the Fahrenheit and...
-
When you cool a gas, how does this affect the de Broglie wavelength of the gas atoms?
-
An ideal gas expands adiabatically and quasistatically in a chamber fitted with a piston. Is this process isothermal, isentropic, isobaric, isochoric, or none of these?
-
Devil's Throat, the longest drop in Iguazu Falls on the Brazil-Argentina border, has a height of \(82 \mathrm{~m}\). If all the kinetic energy a given volume of water acquires in dropping through...
-
A helium atom is in a nanowire (a wire with a diameter on the scale of molecules) in thermal equilibrium at \(77 \mathrm{~K}\). (a) The atom is constrained in the nanowire and so can move in only one...
-
Use matrices A and B. Show that (A + B)(A B) A 2 B 2 . A = 1 1-2 3 0 B = -3 1 2 - 1
-
Suppose that the laptop of Prob. 2.16 is placed in an insulating briefcase with a fully charged battery, but it does not go into sleep mode, and the battery discharges as if the laptop were in use....
-
The Lo Tech Co. just issued a dividend of $2.20 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells...
-
A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnover ratio of .75 and debt of $10,000. What is its sustainable growth rate?
-
Should a company use debt or equity to finance its operations? Explain. (Capital structure)
-
What are the main ethical issues that researchers may encounter when conducting business research and how can they address these issues ?
-
How has womens participation in the Olympics changed over the years? Explain
-
What is the Christian view of work according to the God is Not One: The Eight Rival Religions That Run the World.
Study smarter with the SolutionInn App