Measurement and reporting for financial accounting must be made in line with GAAP and certified by outside, independent auditors.
What is called reporting?
Reporting is the act of accurately and impartially covering politics for publication in newspapers, radio, and television. Journalism, writing, presenting, and newscasting are all synonyms. More alternatives to reporting Reporting is by definition essentially the methods and tools used within a business to gather, process, store, and show data. Reducing the complex to the essential is another goal of reporting. Consequently, data is now more easily accessible to certain target audiences and stakeholders.
Reporting is also the practise of presenting the findings of several studies and analyses. Every report addresses a particular objective. They are organised to produce accurate and impartial content and to live up to reader expectations.
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the dominant use of dollars in invoicing u.s. trade helps explain the partial pass-through of changes in the dollar's exchange rate to u.s. import prices. true or false
This statement is True. The use of the U.S. dollar as a global currency in international trade has a significant effect on the transmission of exchange rate changes to U.S. import prices.
When the US dollar strengthens, it makes imports even more expensive, and US import prices can be expected to rise in response. However, the pass-through of exchange rate changes to US import prices is only partial because the effects of exchange rate changes can be offset by factors such as changes in global demand and supply and differences in the price elasticity of demand between imports and US-made goods.
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1. check your worksheet by changing the total fixed manufacturing overhead cost for the milling department in the data area to $300,000, keeping all other data the same as in the original example. if your worksheet is operating properly, the total cost of job 407 should now be $2,350. if you do not get this answer, find the errors in your worksheet and correct them.
SporTran Fund for Shreveport Area Transit. SporTran's operating budget for 2022 is $14,602,440, an increase of 0.2% from the budget for 2021.
What is Shreveport La known for?
Currently, Shreveport serves as a three-state region's commercial and industrial hub (known as the Ark-La-Tex). Chemicals, iron and steel goods, cotton, lumber, natural gas, and petroleum are a few examples of significant products. The "other side" of Louisiana is where Shreveport is situated, around 20 miles from the Texas border and 40 miles from the Arkansas border. A north-south and an east-west interstate highway cut through the city, making it accessible by car, as are other well-known locations.
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as a consequence of the french government investigation following receipt of eight dvds of encrypted data, $250 to $300 million was recovered from the proceeds of
As a result of the French government's inquiry the arrival of eight encrypted data DVDs, $250 to $300 million in tax evasion gains were seized.
Tax evasion is defined as a criminal practice in which a person or business avoids paying a genuine tax burden on purpose. Those who are discovered dodging taxes face criminal prosecution and severe punishments.
Tax evasion is significant since it is prohibited in India and carries serious consequences. The penalty for failing to disclose income varies from 100% to 3000% of the tax. The French authorities recovered $250 to $300 million in tax evasion proceeds as a consequence of an investigation into the receipt of eight encrypted data DVDs.
Tax evasion is an illegal interest wherein someone or an entity deliberately avoids paying a real tax liability. the ones caught evading taxes are usually challenged to crook charges and tremendous consequences.
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double vision, inc. had 10,000 shares issued and outstanding of its $1 par value common stock. total common stock equaled $10,000, retained earnings equaled $20,000 and total stockholders' equity equaled $50,000 prior to a 2-for-1 stock split. as a result of a 2-for-1 stock split, blank
There is no change in stockholders' equity because of the stock split, which results in the issuance of 20,000 shares at $.50 par value. Therefore, the proper par value is $.50.
A person who holds at least one share of a company's capital stock is known as a stockholder or a shareholder of the business. Stockholders, who make up the majority of the company's owners, typically benefit from success through rising stock prices.
The number of shares in a firm is increased via a stock split or stock division. For instance, a 2-for-1 split would result in each investor owning twice as many shares at a reduced share price.
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In the condition of the financial position given above, it can be concluded that as a result of a 2-for-1 stock split, the shareholder's equity will remain completely unchanged.
The stock split can be referred to or considered as a situation wherein the existing stocks are divided into equally proportionate additional shares of their face values. The stock-split is practiced by the corporations to make its securities more affordable on the exchange, and earn the trust of the investors. Since, the face value changes, but the total value remains the same, the equity does not change.
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unions are treated as an environmental factor because they act as a when dealing with a firm. group of answer choices a. third party b. supervisor c. shareholder d. political party
The correct response is a. third party. Unions are treated as an environmental factor because they act as a third party when dealing with a firm.
A company that provides quality services is known as a firm. Corporations, limited liability companies (LLCs), and partnerships are a few examples of these types of organizations. A single location is typical for businesses. When you say someone is firm, you're referring to their actions, which demonstrate their control over the situation or that they are not going to change their viewpoint. With him, she had to be stern. One-person businesses, partnerships, limited liability companies, and corporations are examples of firms. The phrase is slightly more frequently linked to a partnership. A company, or firm, is a type of commercial entity that operates with the goal of turning a profit by selling products and services. Firm and business or company are interchangeable terms.
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Businesses, individuals, and governments often need to raise capital, while others have surplus funds. In a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. Transfers can take place in 3 ways: _________ 1 transfers without going through any type of financial institution, ____________ transfers through investment banks that underwrite the securities, and indirect transfers through financial ______________ that create new forms of capital.
Answer:
Businesses, individuals, and governments often need to raise capital, while others have surplus funds. In a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. Transfers can take place in 3 ways: direct transfers without going through any type of financial institution, indirect transfers through investment banks that underwrite the securities, and indirect transfers through financial intermediaries that create new forms of capital.
Transfers can take place in 3 ways: Direct transfer without going through any type of financial institution Indirect transfer , and indirect transfers through financial Intermediaries
Direct transfer :A company selling its stocks or bonds directly to savers without going through a financial institution is known as a "direct transfer" of money and securities.
Indirect transfer :When foreign entities own shares or assets in India, indirect transfers occur when the shares of those entities are transferred rather than the underlying assets in India. The sale of an indirect ownership interest in an asset is known as an indirect transfer. entirely or in part The underlying asset is the subject of the indirect transfer.
In business, what are intermediaries?A business intermediary is a middleman who connects consumers and manufacturers. External professionals or businesses who deliver or otherwise sell the products of another company to customers are known as business intermediaries.
Incomplete question :
Businesses, individuals, and governments often need to raise capital, while others have surplus funds. In a well-functioning economy, capital flows efficiently from those with surplus capital to those who need it. Transfers can take place in 3 ways: _____Select-indirect, direct transfers without going through any type of financial institution, _________Select-indirect, direct transfers through investment banks that underwrite the securities, and indirect transfers through financial ____Select-agencies, intermediaries, funds that create new forms of capital.
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By donating $1,000 to the Salvation Army,Caroline reduced her taxable income.To Caroline,the reduction in her taxable income is
A) the margin.
B) an incentive.
C) an opportunity cost.
D) a marginal benefit.
E) a marginal cost.
The reduction in Caroline’s taxable income is an incentive. The correct option is B.
What is an incentive?In economics, incentives are benefits or costs of an action which influence people's decisions and behavior. Explained another way, incentives can make people do something they wouldn't otherwise do. Incentives are essential to economics for two reasons, those are: how people respond to them; and how they are used and created.
There are two types of incentives, those are: financial and non-financial incentives. Financial or monetary incentives are payments or rewards which are given in exchange for achieving specific goals or targets. Non-financial incentives are non-monetary rewards, such as privileges, awards, or recognition.
In this case, due to her donation to the Salvation Army, Caroline reduced her taxable income, it means Caroline gets an incentive.
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the required capacity of a vitrified clay sewer is to be 15 cubic feet per second when it is flowing full. the theoretical velocity of the liquid is to be computed by manning's formula, in which n equals 0.013. if the rate of grade of the sewer cannot be greater than 0.0016 and the cross section is to be circular, the smallest diameter of the sewer that would be satisfactory (rounded off to a multiple of 3 in.) is
The smallest diameter of the vitrified clay sewer pipe that would be satisfactory is 27 inches. The calculations are given below:
What is vitrified clay pipe used for?A kind of pipe used in wastewater collection systems is vitrified clay pipe. When exposed to acids, alkalis, gases, solvents, and other substances prevalent in wastewater, vitrified clay pipe is hard and resistant to both internal and external attack.
Because of its durability and resistance to nearly all types of home and industrial sewage from chemical manufacturing companies, particularly the sulfuric acid produced by hydrogen sulfide, a frequent component of sewage, VCP is frequently used in gravity sewer collecting mains. Clay must be vitrified to become dense and low in porosity in order to guarantee water tightness.
Formula to find diameter of the pipe is:
D = 16 [θn/√s][tex]^{ {3/8}[/tex]
Given:
S ≤ 0.0012
D = diameter of the pipe in inch
θ = discharge
n = manning roughness coefficient
s = Longitudinal slope
D ≥ 16 [10 × 0.013 / √0.0012][tex]^{3/8}[/tex]
D ≥ 26- 27 inches,
Hence 27 inches, rounded off to a multiple of 3.
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question 12 of 15 which of the following ultimately determines the interest rates paid to the owner of a fixed annuity?
Insurer's guaranteed minimum rate of interest is the aspect that ultimately determines the interest rates paid to the owner of a fixed annuity. Insurance guarantees usually has a value between 1 to 4 percent.
In economic and business, The minimum guaranteed interest rate generally can be defined as the lowest rate your annuity will earn. The minimum guaranteed interest rate is stated in the contract and usually has a value between 1 until 4 percent. Bases on to each premium our pay or to premiums our pay during different time periods, Some annuity contracts apply different interest rates. The minimum guaranteed interest rate never less than zero.
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which of these statements about benefit programs is true? generally, taxpayers with lower income benefit more from programs that lower their agi. taxpayers with higher income may reduce refundable tax credits if they lower their agi. most employee benefit programs do not have a major impact on a taxpayer's return. generally, taxpayers with higher income benefit more from programs that lower their agi. taxpayers with lower income will not impact their tax return because their agi is already lower. generally, taxpayers with higher income benefit more from programs that lower their agi. taxpayers with lower income may reduce refundable tax credits if they lower their agi.
Adjustments to earnings that limit AGI include however don't seem to be restrained to: Contributions you made to an IRA or 401(k) Student loan activity paid. Alimony paid.
Is AGI lower than gross income?Adjusted Gross Income, or AGI, starts with your gross income, and is then reduced via certain “above the line” deductions. Some frequent examples of deductions that limit adjusted gross profits include 401(k) contributions, health financial savings account contributions and educator expenses.
Which one of the following would minimize gross earnings to achieve adjusted gross income?Alimony payments. Subtracting alimony payments from the gross profits leads to an adjusted gross earnings (AGI).
What does a decrease to refundable credit mean?This means that the amount of a refundable tax credit is subtracted from the amount of taxes owed, just like the amount of tax you had withheld from your paycheck.
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Which of the following are most likely fixed costs? (select all that apply)
a. Factory rent
b. Administrative salaries
c. Electricity to operate factory machines
d. Factory insurance
Factory rent, administrative salaries, and factory insurance are all fixed costs. Fixed costs are outlaid that don't change as production or sales volume changes. They are expenses that a business must cover regardless of the volume of production or sales it generates.
Rent for factories and executive salaries are two examples of fixed expenditures. No matter if the business is at full capacity or not, the rent and administrative salaries must be paid. A fixed expense is factory insurance because the business must pay it regardless of how much or how little it is producing.
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Starbucks is a multinational corporation with headquarters in the United States; and in 2020, it recorded a total of $15 billion dollar sales in China. In terms of GDP classifications, the $15 billion dollars will be recognized as in China and in the United States. GDP: GNP GDP: GDP GNP: GNP GNP : GDP
In terms of GDP classifications, the $15 billion dollars will be recognized as in China and in the United States as GDP: GNP
In this case, Option A is correct.
The value added produced by the production of goods and services in a nation over a specific time period is typically measured by its gross domestic product (GDP). This means that it also accounts for the money made from that production, or the total amount spent on finished goods and services (less imports). While GDP is the most crucial indicator for capturing economic activity, it is insufficient for measuring people's material well-being and may be better represented by other indicators. This indicator is based on nominal GDP, which is also known as GDP in value or GDP at current prices, and it is offered in both US dollars and US dollars per person (current PPPs) measurements. The 2008 System is used by all OECD nations to collect their data.To know more about GDP here
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in reference to a real estate transaction, which of these terms does not refer to the process in which title is actually conveyed and proceeds disbursed? a. closingb. consummationc. settlementd. termination
d. termination these terms does not refer to the process in which title is actually conveyed and proceeds disbursed
Just what do pre-closing and closing mean?A preclosing is a presequence that indicates a dialogue is about to come to a conclusion. Before the participants start the closing sequence, it gives space for discussion of any more topics that may be left.
The cash up front paid by the buyer in real estate transactions and other significant purchases is known as a down payment on a property. For a home being used as a primary residence, down payments, which are generally a percentage of the purchase price, can range from as low as 3% to as much as 20%.
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for the following trade relationship, explain the likely source of the comparative advantage of each of the exporting countries. the united states exports software to venezuela, and venezuela exports oil to the united states. A. This is not explained by international differences in climate, factor endowments, or technology.
B. international differences in climate
C. international differences in technology
D. international differences in factor endowments
The United States exports software to Venezuela, and Venezuela exports oil to the united states. The correct answer is D. International differences in factor endowments is the likely source of the comparative advantage of each of the exporting countries.
The United States and Venezuela are significant trading partners. The two nations' combined exports and imports have been continuously increasing over the past few years, reaching a high of about $18 billion in 1997. In terms of bilateral commercial ties between the United States and South American nations, Venezuela came in second only to Brazil with this sum accounting for more than half of all trade between the two parties.
However, the relative importance of the American and Venezuelan markets to one another is rather uneven. Overall, both for imports and exports, the United States is Venezuela's most significant market. Over the past few years, Venezuelan exports have become more and more dependent on the American market.
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fountain co. is constructing an office building for its own use. fountain started the two-year construction project on april 1, year 1, at which point the interest capitalization period began. fountain made the following payments in year 1 related to the construction of the building:
Fountain's weighted-average accumulated expenditures for the year ended December 31, Year 1 is $120,000.
The total cost of the goods or services purchased is the expenditure. As an example, suppose a company invests $10 million in equipment with a projected lifespan of 5 years. For this, a capital investment of $10 million would be taken into account. Spending money on anything is known as an expenditure, and vice versa. Reductions in public spending must follow tax reduction policies. Their defence budget should be reduced. As a trade or company expense, clothing costs are admissible. In order to generate income, one must spend expenses. Spending, on the other hand, refers to the costs associated with adding to or purchasing fixed assets for the business.
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Fountain Co. is constructing an office building for its own use. Fountain started the 2-year construction project on April 1, Year 1, at which point the interest capitalization period began. Fountain made the following payments in Year 1 related to the construction of the building: April 1Payment to architect for building plans$ 30,000July 1Progress payment to contractor60,000October 1Progress payment to contractor150,000For the purpose of capitalizing interest, what is Fountain's weighted-average accumulated expenditures for the year ended December 31, Year 1?
Identify whether each of the following events in this scenario occurs in the factor market or the product market.
Event
Factor Market
Product Market
Dmitri spends $350 to purchase software from PC Pros. Frances earns $625 per week working for PC Pros. Frances spends $8 to order a mojito cocktail. Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply.
Frances's labor
The $475 per week Dmitri earns working for Little Havana
The $350 Dmitri spends to purchase software from PC Pros
The mojito Frances receives
While different production elements like land, capital, and labor are purchased and sold on the factor market, products and services are sold and bought on the product market.
Dmitri spends $350 to purchase a good from a producer, making this a component of the goods market (Product Market)Frances is making money by providing services in order to participate in the factor market.Frances is purchasing a good with her money, making this a component of the goods market (Product Market)Frances's labor flows from the household to the business (select)Dmitri's income is a transfer between businesses and households (do not select)The $350 that Dmitri spends is on products and services, therefore this is a household to business flow (select)The Mojitos Frances receives come from businesses going to homes (do not select)To know more about Marketing Strategy, refer to this link:
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when michael wanted to purchase a home in 2006, his mortgage broker told him that his income was insufficient to qualify for the mortgage. when michael insisted on trying to purchase the home, his mortgage broker suggested that he complete an application for a stated-income loan, and told him the minimum income level that he needed to include on the application in order to qualify for a mortgage. michael completed the loan application, adding $20,000 to the minimum amount that his broker suggested. the broker reviewed the application and michael signed it. which of the following statements most accurately describes the liability that can arise from this scenario?
For filing a loan application with incorrect information, Michael and the mortgage broker are both responsible.
You and a lender enter into a mortgage arrangement, which provides the lender the right to seize your property if you are unable to repay the loan amount plus interest. Mortgage loans are used to purchase a property or to obtain financing based on the worth of a home that is already owned. In a mortgage, there are seven things to look for. No mortgage is necessary to purchase a home. Rent-to-own plans, owner financing, personal loans, and cash are some possibilities for doing this. If you do decide to buy a home outright with cash, be sure to choose the appropriate property, determine your source of funding, and compile documentation to prove it.
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you are a japanese citizen and want to profit by using a forward contract since your expectations of the spot rate 30 days hence is different than the current 30 day forward rate. in particular, the 30 day forward rate is 90 yen/$ and you expect the spot rate, 30 days hence, to be 100 yen/$. assuming your expectations are correct, explain exactly how you could use the forward market to make a profit. assume you have 900 yen to invest. be sure to identify the profit in yen and your return in terms of the percent of your original investment.
Expectations for the spot rate 30 days from now differ from the current 30 day forward rate, you are a Japanese citizen and want to profit by using a forward contract.
What do you mean t by investment in a business ?Since your expectations for the spot rate 30 days from now differ from the current 30 day forward rate, you are a Japanese citizen and want to profit by using a forward contract. You specifically expect the spot rate to be 100 yen after 30 days, but the 30 day forward rate is 90 yen.
An investor will purchase an ownership stake in your company through an equity investment. As an illustration, an investor might contribute $100,000 for a 10% ownership stake, which entitles them to 10% of future revenues.
Imagining you have 900 yen to spend. Make sure to note both your return on investment expressed as a percentage of your initial investment and your profit in yen. Spending by for-profit organisations and private companies on tangible assets that are used to produce goods and services is known as business investment.
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By entering a forward contract, you could buy 900 USD at the forward rate of 90 yen/$, then 30 days later sell them for 100 yen/$, making a profit of 100 yen. This would represent a return of 11.11% on your original investment of 900 yen.
What is original investment? Original investment is the initial capital that is put into a business or project. It is the money that is used to purchase the equipment, materials, and personnel needed to start a company or to fund a project. Original investment is also known as seed money, startup capital, or initial capital.Original investment is a pivotal part of any venture, as it is the financial foundation that helps to get the business or project off the ground. Without the necessary capital, a business or project may not be able to move forward. For this reason, it is important to ensure that the original investment is carefully planned and allocated in the most efficient way possible.For businesses, this may involve the use of business plans, cash flow projections, and market research to determine what is the most beneficial way to use the original investment. For projects, this may involve a detailed analysis of the project scope, budget, and timeline to ensure that the original investment is allocated to the most important aspects of the project.Ultimately, the success of a business or project is largely dependent on how well the original investment is managed and allocated. When done correctly, original investment can give a business or project the best chance of success.To learn more about original investment refer to:
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Lipstein’s Muffins sells banana nut muffins in an industry that is monopolistically competitive. The industry is currently in long-run equilibrium.
Which of the following terms describes the difference between the cost-minimizing quantity and the quantity that
Lipstein’s Muffins actually produces?
A. Excess capacity
B. Allocative inefficiency
C. Surplus quantity
D. Deadweight loss
E. Zero economic profits
When a company produces less than its minimum efficient scale, it has excess capacity. Excess capacity indicates that the corporation can reduce expenses by increasing output. The correct answer is Excess capacity.
What is Excess Capacity?When demand for a product is smaller than the number of things that a business may feasibly provide to the market, excess capacity occurs. Excess capacity occurs when a business produces at a lower scale of production than it was designed for.
The term "excess capacity" is often used in the manufacturing business. Idle employees in a manufacturing company may suggest that the plant has excess capacity. Surplus capacity can, however, exist in the service industry as well.
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which statements below about least-squares regression are correct? switching the explanatory and response variables will not change the least-squares regression line. the slope of the line is very sensitive to outliers in the x direction with large residuals. a value of r2 close to 1 does not guarantee that the relationship between the variables is linear.
Regression with least squares is accurate. Outliers in the x direction with large residuals have a significant impact on the slope of the line. It is not necessary for the relationship between the variables to be linear to have a r2 value that is close to 1.
By minimizing the sum of the squares of the residuals (a residual is the difference between an observed value and the fitted value provided by a model), which are made in the results of each individual equation, the method of least squares is a common technique in regression analysis to approximate the solution of overdetermined systems (sets of equations in which there are more equations than unknowns).
Least squares problems can be categorized as either linear, ordinary least squares, or nonlinear least squares depending on whether the residuals are linear in all unknowns or not. The linear least-squares problem appears in statistical regression analysis and has a closed-form solution. Since the nonlinear issue is frequently solved iteratively, the fundamental calculation is the same in both scenarios. The system is approximated by a linear one after each iteration.
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suppose you currently earn $20,000 a year. you are considering a job that will increase your lifetime earnings by $200,000 but that requires an mba.
The benefit that matters is the $20,000 boost in lifetime earnings. This is relevant to the decision on whether to take the job or not.
How do you explain relevant information?The opportunity cost of accepting the position (forgone profits from your current work) and other things you could have done with the money you need to pay for business school are the relevant costs. The cost of the bachelor's degree in tuition is a fixed expense that is unimportant. The benefit that matters is the $20,000 boost in lifetime earnings.
What does opportunity cost mean?In economics, the word "opportunity cost" refers to the benefits that are forgone while selecting one course of action over another. It is, in essence, the worth of the path not traveled. Opportunity costs are simple to ignore, yet comprehending wasted possibilities is essential to making smarter business decisions.
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The complete question is:
Suppose you currently earn $30,000 a year. You are considering a job that will increase your lifetime earnings by $300,000 but that requires an MBA. The job will mean also attending business school for two years at an annual cost of $25,000. You already have a bachelor's degree, for which you spent $80,000 in tuition and books.
Which of the above information is relevant to your decision on whether to take the job?
SFAC No. 5 indicates that an item, to be recognized, should meet four criteria, subject to the cost-benefit constraint and the materiality threshold.
Which of the following is not one of the four criteria?
1. The item fits one of the definitions of the elements.
2. The item has a relevant attribute measurable with sufficient reliability.
3. The information related to the item is relevant.
4. The information related to the item is reliable.
5. The item has comparability, including consistency.
The answer for the above solution is option 5.) The item has comparability, including consistency.
SFAC No. 5 states that items to be recognized must meet four criteria, subject to cost-benefit constraints and materiality thresholds. The items are equivalent for consistency. SFAC No. 5 states that items to be recognized must meet four criteria, subject to cost-benefit constraints and materiality thresholds.
Occurrence (and disclosure) of profit or loss of loss estimated from risk of loss is required if two conditions are met.
(a) Information available prior to the issuance of the financial statements indicates that assets are...
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which of the following is an example of a business using information systems to create new products and services? group of answer choices the mandarin oriental's use of computers to keep track of guests' preferences apple's creation of the ipad walmart's retail link system jcpenney's information system that allows its contract manufacturers to see what garments have been sold and need to be replaced verizon's web-based digital dashboard providing real-time company information for managers
Apple's creation of the iPad is an example of a business using information systems to create new products and services.
Additionally, information systems can boost consumer and vendor trust. It strengthens ties between companies, suppliers, and clients. Relationships and client loyalty are enhanced. The company will cherish its customers and suppliers more. Amazon uses intimate client relationships. Based on user searches and purchases, Amazon recommends products. In addition, Amazon suggests products based on what other customers have bought that are comparable to or the same as the product being recommended.
Business is the process of buying, manufacturing, and selling goods in order to make a livelihood. It also includes "any organisation or hobby conducted for profit.
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Identify a company with a strong vision statement. Do you think having a strong vision has given this company a competitive advantage? Why or why not?
Alternatively, identify a company that seems to be performing well even without a strong vision or mission statement. What do you think accounts for this company's success?
An example of a company with a strong vision statement is Patagonia. Their vision statement is "We're in business to save our home planet."
Having a strong vision can give a company a competitive advantage because it helps to create a clear sense of purpose and direction for the company, and can inspire and motivate employees and customers to work towards a common goal.
Patagonia's vision statement also helps to create a strong brand identity, as it communicates the company's commitment to environmental sustainability and social responsibility. This can help to differentiate the company from its competitors and create a loyal customer base.
Why do company have or use vision statement?A vision statement is a business document that states an organization's current and future goals. The vision of a company must be consistent with its mission, strategic planning, culture, and core values. Nonprofits and government agencies use vision statements to set strategic goals as well as businesses.
Vision statements are not always irreversible. They can be revisited, reviewed, and revised as needed. However, because a vision statement serves as a guideline for a company's strategic plan, any changes should be kept to a minimum.
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given the cost information below, answer the following questions. outputtotal cost 0$ 10.00 119.76 229.06 337.90 446.31 554.30 instructions: enter your answers rounded to two decimal places. a. when output is 1, total variable cost is $ . b. when output is 2, average fixed cost is $ . c. when output is 3, average variable cost is $ . d. when output is 4, average total cost is $ . e. when output is 5, marginal cost is $ .
When output is 1, total variable cost is $ 9.76 and Average Fixed cost when output is 2 is $ 5
In layman's terms, total cost (TC) refers to all costs associated with a particular production or workplace partnership. Variable costs plus fixed costs constitute total costs in economics.
Calculating the outputs:a. Total Variable cost when output is 1.
= 19.76 - 10
Total variable cost = $9.76
b. Average Fixed cost when output is 2.
= 10/2
Average fixed cost = $5
c. Average Variable Cost when Output is 3.
= (37.09 - 10) / 3
Average variable cost = $9.30
d. Average Total Cost when output is 4;
= 46.31/4
Average total cost= $11.58
e. Marginal Cost when output is 5.
= Total cost at 5 - Total cost at 4
= 54.30 - 46.31
= $7.99
What are fixed costs and total costs?The cost that remains constant regardless of the level of output is known as total fixed cost (TFC). The cost that fluctuates in response to changes in output level is known as total variable cost (TVC). The sum of total fixed costs and total variable fixed costs is called total cost (TC).
What is the name of fixed cost?Costs that do not change when production or sales volumes increase or decrease are known as fixed costs. This is because they are not directly involved in providing a service or manufacturing a product. Consequently, fixed costs are regarded as indirect costs.
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which of the following components are included in the strategic management process? (select all that apply.)
The three steps of strategic management are a corporate organization, resource allocation, and the creation of employee incentive schemes.
An illustration of a company's strategy is the strategic management process, which comprises goal-setting, goal-achieving, and goal-directing in order to increase a company's competitiveness.
Putting into practice a project or plan materialized by a company to launch a new product, enhance a production process, or take new actions that could increase the company's revenue is known as strategy. This approach calls for the corporation to allocate resources like capital, labor, and equipment and to keep employee motivation in order to achieve the company's goals and the goals of the employees.
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required banks and financial institutions to alert customers of their policies and practices in disclosing xustomer information
d. The Gramm-Leach-Bliley Act (GLBA) required financial institutions and banks to inform customers of their policies and processes for disclosing customer information.
It is necessary for customers to be aware of banks' and financial institutions' policies regarding the publication of their data?The Gramm-Leach-Bliley Act requires that financial institutions, or companies that offer consumers financial goods or services like loans, financial or investment advice, or insurance, disclose to their clients their information-sharing policies and take appropriate precautions to protect sensitive information.
The Gramm-Leach-Bliley Act is best summed up by which of the following?The Gramm-Leach-Bliley Act mandates that financial organizations safeguard client information's security and privacy.
The following question is incomplete the complete question is as follows:_____ requires banks and financial institutions to alert customers of their policies & practices in disclosing customer information & to protect all electronic & paper containing personally identifiable financial information
a. California Savings & Loan Security Act (CS&LSA)
b. USA Patriot Act
c. Sabanes-Oxley Act (Sarbox)
d. Gramm-Leach-Bliley Act (GLBA)
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which of the following are pressures that make government more likely to produce undesirable economic outcomes?
The pressure to provide advantages to businesses in a politician's home state. The pressure to win election and win reelection is more likely to have a negative impact on the government's economy.
An election's first and most evident effect is a large increase in the amount of debt that the government is taking on. Introduced policies that are a political boon but an economic disaster are a hallmark of elections in India and around the world. A common tactic employed by parties in power to win over people is the implementation of welfare programs that will eventually become unsustainable. If voters were intelligent and inclined to choose a government based on its long-term success, such deception would not succeed. Unfortunately, though, that is not the case.Voters frequently concentrate on the anticipated short-term gains for themselves, which encourages governments to spend a lot of money attempting to seem good shortly before the elections.
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terrence plays softball two nights a week and his current grade in economics is 80 percent. he decides to play softball for three nights each week and his economics grade falls to 65 percent. the marginal cost to terrence of playing softball one more night each week is
Terrence will pay a 15 percentage economic point premium to play softball one additional night each week.
Which scenario best illustrates opportunity cost?A nation decides to cultivate bananas rather of wheat. A nation can produce affordable commodities, sell them, and purchase goods that it cannot produce effectively.
What kind of opportunity cost is that?A student spends $20 and three hours at the movies the night before a test. The opportunity cost is the total of the money and time that could have been used for other purposes instead of learning. When a farmer decides to plant wheat or use the resources in another way, there is an opportunity cost involved (land and farm equipment).
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an analyst is trying to determine if the average ceo compensation among large companies has changed during covid. she takes a random sample of 40 large companies listed in the s
The correct response is B) leading indicators. She is primarily interested in leading indicators when she wants to predict potential future economic activity.
These indicators change before economic activity does. Lagging indicators lag behind economic activity whereas coincident indicators follow it. The concept of a coterminous indication does not exist. Acid-base indicators, often known as pH indicators, are compounds that alter colour with pH. Usually, they are weak acids or bases that gradually dissociate into ions when dissolved in water. A weak acid with the formula HIn can be used as an indicator. An indication is a particular trait that can be used to demonstrate changes or advancement in a program's pursuit of a particular goal. Each result needs to have at least one signal. A focused, distinct, and precise indicator is required. Chemicals that change color when the pH of their solutions are indicators. Acid-base indicators are what these are.
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An analyst is trying to determine upcoming economic activity to better determine her recommended investment strategy. She would be most interested in
A) coterminous indicators.
B) leading indicators.
C) coincident indicators.
D) lagging indicators.