Answer the Following Questions Using the Information Below

question 10

Multiple Choice

Answer the following questions using the information below:
The Darwin Harbour Corporation currently leases a corporate suite in an office building for a cost of $90 000 a year.Only 70% of the corporate suite is currently being used.A start-up business has proposed a plan that would use the other 30% of the suite and increase the overall costs of maintaining the space by $10 000.
-If the stand-alone method were used,what amount of cost would be allocated to the start-up business?

• A)$10 000
• B)$37 000
• C)$30 000
• D)$27 000

Comprehend the role and powers of administrative bodies in regulating professional services and business operations.

Recognize the consumer and public protection purposes of various administrative tribunals.

Understand the distinctions between administrative and criminal laws.

Acknowledge the requirement for administrative decisions to comply with the principles of natural justice.

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Definitions:

Foreign Subsidiary

A company that is completely or partially owned and controlled by another company, but operates in a different country than the parent company.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually reflected in its financial statements.

Assets and Liabilities

The resources owned by a company or individual that have value (assets) and the obligations owed to others (liabilities).

Common Shares

Units of ownership in a corporation, giving holders a proportion of the voting rights and potential dividends.