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What account does not close at the end of the period?
Real or permanent accounts are balance sheet accounts which have a continuous nature and accumulate data from period to period; such accounts are not closed at the end of the reporting period.
Every business needs to choose an annual accounting period that goes for how long?
Most businesses choose to run there annual accounting according to a standard fiscal year of January 1st to December 31st. However, a business annual accounting period can start and end whenever it wants to.
What is a CAGR?
A CAGR is a compound annual growth rate - the mean annual growth rate of an investment over a period of time longer than a year.
What does tax period 51 mean?
Tax period 51 typically refers to a specific reporting period used by certain tax authorities, often indicating an additional reporting period for businesses with unique fiscal year-end dates or specific tax obligations. In some jurisdictions, it can denote a "catch-up" or adjustment period for taxes owed. It’s important to consult local tax regulations or a tax professional for precise interpretations, as meanings can vary by region and context.
Are Amounts to be paid in 10 days to suppliers an expense?
Yes. Because it includes the cost of consumable used during a reporting period.
How Can I Get My Free Annual Credit Report?
Under the FACT Act changes towards the Fair Credit Reporting Act, you're entitled to one free annual credit report from each one of the three major credit reporting companies in a 12-month period.
Which is most likely to lead to a decrease in the price of a companys stock?
Annual profits decrease
Is voluntary liquidation after reporting period an adjusting event?
No, voluntary liquidation after the reporting period is not considered an adjusting event. According to accounting standards, adjusting events are those that provide evidence of conditions that existed at the end of the reporting period. Since voluntary liquidation occurs after this period, it reflects a decision made after the reporting date and does not affect the financial statements for that period.
How would you expect a period of cutbacks and layoffs to affect a companys human resource professionals?
no
What is the reporting category if you change the source of hard gelatin capsules?
Annual reportable
When is the first tri-annual review submission due?
The first tri-annual review submission is typically due by the end of the third month of the reporting period. It's important to check with the specific guidelines or regulations governing the review process to ensure you meet the deadline.
How is Canada dealing with climate changes?
We are investing in green technologies, transit systems and a cap and trade system for carbon dioxide. Some jurisdictions such as Alberta have intiatited annual reporting on GHG emissions and linked them to annual fees. Annual emissions are tracked under the National Pollution Reporting System (NPRI).
What is a year to date?
A year to date is the period from the beginning of a fiscal year to the end of a reporting period.
Is the 15500 maximum contribution rate an annual maximum or per pay period?
annual
What is stimulus spending?
buying from companys so the companys are worth more money, so people invest into these companys so the companys can grow.
What is a block year?
A block year is a term used in various contexts, often referring to a specific time frame within a larger cycle, such as in educational systems or financial reporting. In education, it may denote a period during which a set curriculum is delivered, typically over a year. In finance or business, it can refer to a defined annual reporting period for performance evaluation. The concept helps in organizing activities and assessments within a structured timeline.
What is a budget that is often changed at the end of a reporting period?
a balanced budget
