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2 years ago

Companies must follow generally accepted accounting principles (gaap) for ______ accounting reports.

1 answer:

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Companies must follow generally accepted accounting principles (gaap) for international financial reporting standards accounting reports

<h3>What are international financial reporting standards ?</h3>

The International Financial Reporting Standards (IFRS) are a group of accounting guidelines that specify which kinds of transactions and events must be disclosed in financial statements.
The International Accounting Standards Board created and maintains them (IASB).
The IASB wants the rules to be implemented consistently across the world so that investors and other users of financial statements may compare the financial performance of publicly traded firms with that of their worldwide peers on an equal footing.
More than 100 nations, including the European Union and more than two-thirds of the G20, currently utilize IFRS.
International Accounting Standards (IAS), which were more traditional standards that IFRS superseded in 2000, are occasionally mistaken with IFRS.

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A. Good marketing

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Every organization, regardless of the segment or product it sells, must develop a consistent marketing strategy.

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3 years ago

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Ms. Z has decided to invest $75,000 in state bonds. She could invest in State A bonds paying 5 percent annual interest or in Sta

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Answer:

Ms. Z should invest in the State A.

Explanation:

Coupons from State A = (1 - 0.33)*0.05*75000

= 2512.5

Coupons from State R = (1 - 0.33 - 0.085)*.054*75000

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Therefore, Ms. Z should invest in the State A .

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3 years ago

Most people across the globe have similar access to technology information. Yes or no? Why?

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False. A great example would be North Korea compared to the United States. In the United States we have the Freedom to Speech so we also have the the opportunity for news and social media where you can post pretty much anything. North Korea on the other hand lacks informing their own people and their own people lacks a stable and healthy government. We don’t know a lot about North Korea and they don’t know anything at all about us or the rest of the world.

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3 years ago

V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:

Murrr4er [49]

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a direct proportional relationship between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat decreases, suppliers will be interested in buying more of it in order to produce more quantities of flour at a lower cost because it will more likely lead to a higher profit. This will, therefore, increase the supply of flour in the market.

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3 years ago