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2 years ago

The body of rules and procedures that guide the measurement and communication of financial accounting information is known as?

1 answer:

3 0

Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Given that there is a body of rules and procedures that guide the measurement and communication of financial accounting information.

We are required to give the name of the body that guide the measurement and communication of financial accounting information.

The body that guide the measurement and communication of financial accounting information is Generally Accepted Accounting Principles.

Generally accepted accounting principles (GAAP) basically refer to a common set of accounting rules, standards, and procedures issued by the Financial Accounting Standards Board . Public companies in the U.S. have to follow GAAP when their accountants compile their financial statements.

Hence Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Learn more GAAP at brainly.com/question/17895474

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Monopolistic competitors in the food industry, acting in their own self-interest, will often include a recyclable symbol on pack

anygoal [31]

Answer:

Differentiate their products

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants

A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry

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3 years ago

Darby's company reported net income after taxes of $2,000,000, on sales of $225 million. her boss asked her to calculate the ear

Dafna1 [17]

Darby's correct response is $0.045 per share.
Because we can calculate earnings per share by taking net income after taxes and then dividing it by the total number of common shares that are issued.
Income after taxes = <span>$2,000,000
shares = $44,000,000
Earnings per share = $2,000,000 / $44,000,000
=$2/$44
=$0.045</span>

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3 years ago

To be effective, an employee involvement program must ________. Group of answer choices rightsize the company by eliminating obs

meriva

To be effective, an employee involvement program must incorporate the unique demands of different cultures.

<h3>What is an employee involvement program?</h3>

Employee involvement programs encourage employees to assume mental ownership of the organization, which increases employee loyalty.

These initiatives and programs can also help the:

Company's performance,
Provide a safe work environment, and
Long-term viability.

To be effective, an employee involvement program must incorporate the unique demands of different cultures.

Learn more about employee involvement program here:

brainly.com/question/13134548

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2 years ago

Suppose Acme Industries correctly estimates its WACC at a given point in time and then uses that same cost of capital to evaluat

slamgirl [31]

Answer:

the firm will become more reasky as their Weighted-average cost-of-capital will change over time based on market condition but the management wil take project based on obsolete information

Thus, the WACC of the company will increase without the management notice this because, lender will use higher rate to make up for the change of failling Also, the shares wil trade at a lower value as is not maximizing the value of the firm.

Explanation:

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3 years ago

Which of the following is not one of the key components of effective teams?A) team efficacyB) company reputationC) adequate reso

Annette [7]

Answer:

<u>C) adequate resources</u>

Explanation:

Teamwork is work that is dependent on the member of the organization that forms a team network and is characterized by the smart work performed together in an effective and efficient style.

The several other components include open communication, effective coordination, efficient cooperation and high levels of interdependence. Thus the team is an action-oriented workforce, with forming, norming and storming of the performance.

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3 years ago