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Kitty [74]
2 years ago
13

According to the conceptual framework, the objectives of financial reporting for business enterprises are based on.

Business
1 answer:
poizon [28]2 years ago
3 0

Financial reporting objectives for companies, according to the conceptual framework, are based on user needs, to be used as a periodic assessment of organizational performance.

<h3 /><h3>Financial reports</h3>

Responsible for supporting organizational decision-making, their objective is to analyze, monitor and report the performance of an organization, to determine the financial health of the business, demonstrate transparency and assist in the decision-making process.

Therefore, financial reporting objectives are based on user needs, ie a company uses such reports to measure performance, determine projections, analyze resource utilization and make more effective decisions.

Find out more information about financial reports here:

brainly.com/question/4954869

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What are the 3 Building Blocks of Debt
lina2011 [118]

Answer: Earning, saving, and spending

Explanation:

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3 years ago
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Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher
Marta_Voda [28]

Answer:

Hilary was put on a new team by her manager. Ever since she shifted teams, Hilary has felt energized and motivated toward higher performance because her friends work on the same team. She and her friends work together to come up with creative ideas and solutions to problems. In the given scenario, Hilary's manager recognized that <u>social facilitation</u> was most likely to produce a positive work life change for Hilary.

Explanation:

Social facilitation is defined as enhacement in individual production when working with other people rather than alone. Compared to their performance when alone, when in the presence of others, they tend to perform better on simple or well-rehearsed tasks and worse on complex or new ones.

3 0
2 years ago
True/False
lorasvet [3.4K]

Answer:

False

Explanation:

Internal search is when a consumer search for the alternatives from the prior knowledge or memory about the category of service or the product.

Internal search is usually done when the low involvements are to be considered.

External search is when a  consumer search for the alternatives from the friends or specialized sources like reports or available analytics or from the

These are done when there is high involvement of capital or resources

hence,

Advertising creates an impact in a way that it stores some visual or impression of the product in the mind of consumer i.e an impression while making choices in internal search

6 0
3 years ago
Kristen Lu purchased a used automobile for $16,750 at the beginning of last year and incurred the following operating costs:
Molodets [167]

Answer:

The average operating cost is $0.46 per mile

In deciding whether to to her use her own car or rent a car the costs are analysed below:

Variable operating cost is a relevant cost

Depreciation is not relevant as it is already cost and also it is sunk cost

insurance is not relevant as well

automobile tax and license is not relevant as it would be paid regardless of the option chosen

Explanation:

The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile

variable operating cost per mile is $0.06

fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400 /16000=$0.40

average cost per mile=$0.06+$0.40=$0.46

4 0
3 years ago
A company is obligated to pay its creditors $6,100 at the end of the year. If the value of the company's assets equals $5,800 at
Korvikt [17]

Answer:

The value of shareholders' equity is -$300

Explanation:

Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.

Total assets= Total liability + shareholders' equity

Shareholders' equity = Total assets - Total liability

Shareholders' equity = $5,800 - $6,100

Shareholders' equity = -$300

6 0
2 years ago
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