The main difference between a discretionary and nondiscretionary accrual is: discretionary accruals are items that management has full control over discretionary accruals always lead to an increase in earnings discretionary accruals arise from transactions considered normal for the firm discretionary accruals are based on changes in the fundamental performance of the firm

Suppose that a worker in caninia can produce either 2 blankets or 8 meals per day, and a worker in felinia can produce either 5 blankets or 1 meal per day. each nation has 10 workers. for many years, the two countries traded, each completely specializing according to their respective comparative advantages. now war has broken out between them and all trade has stopped. without trade, caninia produces and consumes 10 blankets and 40 meals per day and felinia produces and consumes 25 blankets and 5 meals per day. the war has caused the combined daily output of the two countries to decline by

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?