Accountants Use Reserve Accounts for Various Reasons,for Each of the Scenarios

question 58

Essay

Accountants use reserve accounts for various reasons,for each of the scenarios below describe a specific account example that matches the scenario.
1.The use of a reserve account in order to match expense with revenues.
2.The use of a reserve account in order to keep expense out of the income statement.
3.The use of a reserve account in order to revalue an asset,but delay the income recognition effect.

Distinguish between technical skills training and non-technical skills training, including their respective examples.

Distinguish between technical skills training and information technology training, including their respective examples.

Identify the components necessary for an effective ethics training program.

Define sexual harassment and understand the importance of training to prevent it, along with actionable recommendations for organizations.

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Definitions:

Compulsory Licenses

Licenses issued by the government allowing someone else to use a patent or copyrighted work without the consent of the owner under certain conditions.

Adjustment

The process of adapting or becoming accustomed to a new situation, environment, or condition.

Self-Esteem

Refers to an individual's subjective evaluation of their own worth or value.

Labor Market

The arena where employers seek potential employees who offer their services for wages, salaries, or other forms of compensation.