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sweet-ann [11.9K]
2 years ago
14

The objective of general-purpose financial reporting in the conceptual framework is?

Business
1 answer:
nlexa [21]2 years ago
7 0

The objective of general-purpose financial reporting in the conceptual framework is to provide financial information about the entity to investors and lenders.

General-purpose financial reporting is the report that a business entity gives about its financial health, credit history, assets, etc. to present or prospective investors, lenders such as banks and financial institutions, to enable them to decide whether or not to provide loans to the entity or purchase shares in it.

The information may also be used by other entities such as credit analysts and stock market players. General-purpose financial statements may also include the income statement, balance sheet, record of cash flows, information about shareholder’s equity, and other disclosures.

To learn more about General-purpose financial reporting: brainly.com/question/28234662

#SPJ4

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which of the following is often associated with an increasing employment rate of women in living wage occupations? a.) less acce
maw [93]

<u>Higher standard of living for families</u> is often associated with an increasing employment rate of women in living wage occupations

Option B is correct.

<h3>Standard of living:</h3>

Standard of living refers to the position of wealth, comfort, material goods, and musts available to a certain socioeconomic class or geographic area. Quality of life, on the other hand, is a private term that can measure happiness.

<h3>Why is the standard of living important? </h3>

Standard  of living can affect multiple factors of a population, including happiness and productivity. This is important because the lesser productivity and happiness are, the better off an frugality tends to be as a whole.

<h3>What factors affect standard of living?</h3>

The standard of living is measured by effects that are fluently quantified, similar as income, employment openings, cost of goods and services, and poverty. Factors similar as life expectation, the affectation rate, or the number of paid holiday days people admit each time are also included.

Learn more about standard of living:

brainly.com/question/930000

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4 0
2 years ago
In the short run:
prisoha [69]

Answer:

C)some inputs are fixed and some inputs are variable.

Explanation:

Usually, the fixed cost are usually fixed for a some levels of activity. However, as the level of activities increases, the fixed cost may also increase.

Variable cost on the other hand changes directly as the level of activities (say number of units produced) changes.

As such, in the short run, some inputs are fixed and some inputs are variable.

Option C is right.

8 0
3 years ago
If you want to become a firefighter what are some steps you need to take to get there?
bearhunter [10]

Answer:

<h2>All the best :)</h2>

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0
3 years ago
Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot
nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

  • Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).

<u>Income Statement on December 31st:</u>

HOME REALTY, CORPORATION

Income statement

For period ended December 31st

Revenue                                           $

Sales Revenue                             166,000  

Other Revenue                                   -  

Total Revenue (A)                             166,000  

Expenses:                                    $

Salaries and Wages Expense             97,000  

Interest Expense                                6,300  

Advertising Expenses                        9,025  

Income Tax Expense                        18,500  

Dividends                                        12,000

Total Expenses (B)                        142,825  

Net Income (A-B)                                 $23,175

4 0
3 years ago
How does soap work? A. Creates a sheetlike microscopic barrier between the skin and microorganisms in the environment B. Emulsif
Elina [12.6K]

Answer:

Your answer is going to be c.

Explanation:

as soap is meant to wash away germs it has to first kill them.

4 0
3 years ago
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