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You are engaged to examine the financial statements of Spillane Company for the year ended December 31. Assume that on November 1, Spillane borrowed $500,000 from Second National Bank to finance plant expansion. The long-term note agreement provided for the annual payment of principal and interest over five years. The existing plant was pledged as security for the loan. Due to the unexpected difficulties in acquiring the building site, the plant expansion did not begin on time. To use the borrowed funds, management decided to invest in stocks and bonds and on November 16, invested the $500,000 in publicly traded securities. Required: Identify the relevant financial statement assertions for the publicly traded securities account (an asset) and loan payable account (a liability) based on the PCAOB's five management assertions about the financial statements.

JZ expresses interest in starting a selective serotonin reuptake inhibitor antidepressant. She describes ongoing concern that she may need chronic management of her depression as she continues to struggle with her personal challenges. She asks you about the role of traditional antidepressants for patients on zuranolone treatment. Which of the following is the appropriate response to her question? A. Zuranolone only should be used as monotherapy. B. Zuranolone can be used as monotherapy or as an adjunct to antidepressant therapy. C. Zuranolone only should be used as an adjunct to antidepressant therapy. D. Zuranolone is only appropriate for patients who cannot tolerate antidepressant therapy. E. Unsure

1.2 Explain in detail three commonly used management security policy areas and describe an example policy for each area. (10 Marks)

Conduct research on at least three sources and analyse ANY three current international economic challenges that South Africa can expect to encounter in 2026. In your answer, outline how each will impact trade with South Africa. Provide trade-specific solutions to each of the challenges you outlined

Question 3 of 15 View Policies Current Attempt in Progress Which of the following statements about the contingencies is correct?

An estimated loss and corresponding contingent liability is accrued if the loss is more likely than not and the amount can be reasonably estimated.

A contingency should be accrued if the gain or loss is probable and the amount can be reasonably estimated. A contingent liability is not reported if the loss is probable, but the amount can only be estimated within a range. A contingent liability should be accrued if the loss is probable, and the amount can be reasonably estimated. Attempts: 0 of 2 used

BE 1-4 BASIC ASSUMPTIONS AND PRENCIPLES © LOT-7 THEOUOH © LO1-9 Identify the accounting concept that was violated in each of the following situations. Astro Turf Company recognites an expense, cost of goods sold, in the period the product is manufactured. McClood Drug Company owns a patent that it purchased three years ago for

million. The controller recently revalued the patent to its approximate market value of

million. Philips Company pays the monthly mortyage on the home of its president Larry Crosswhite and charges the expenditure to miscellaneous expense.

A 17-year-old girl comes to the physician because of a 4-month history of fatigue. She has not had any change in weight. She had infectious mononucleosis 4 weeks ago. Menses occur at regular 28-day intervals and last 5 days with moderate flow. Her last menstrual period was 3 weeks ago. Her mother has Hashimoto thyroiditis. Examination shows pale conjunctivae, inflammation of the corners of the mouth, and brittle nails. The remainder of the examination shows no abnormalities. Laboratory studies show:

The phone company NextFell has a monthly cellular plan where a customer pays a flat monthly fee and then a certain amount of money per minute used on the phone. If a customer uses 180 minutes, the monthly cost will be

. If the customer uses 800 minutes, the monthly cost will be

. A) Find an equation in the form

, where

is the number of monthly minutes used and

is the total monthly cost of the NextFell plan. Answer:

B) Use your equation to find the total monthly cost if 919 minutes are used. Answer: If 919 minutes are used, the total cost will the

datars.

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