Alocal cpa volunteered his time to prepare the form 990 for an after-school development organization that serves disadvantaged children. if the services had not been donated the organization would have had to hire a cpa to prepare the return. in accordance with the fasb codification, the value of the cpa's time devoted to the organization should be recorded as:

Support Expense

Explanation:

FASB is financial accounting standards board

CPA is certified public accountant

CPA are certified by FASB and are therefore, able to conduct various authorized activities which also include preparing Form 990.

In the question, the local CPA had volunteered his time. If the organization had to hire a CPA then according to FASB codification the organization had to pay for his services. As the CPA would be providing them voluntary services therefore, the organization will treat this as support expense.

1   b) the use of non-standard grammar  

2   a) quiet and shy.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.