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Fed [463]
1 year ago
15

Name the four areas in which standards of ethical conduct exist for management accountants in the united states. What organizati

on sets these standards?
Business
1 answer:
GaryK [48]1 year ago
5 0

​The four areas in which standards of ethical conduct exist for management accountants in the united states are.

(1) Competence,​ (2) Confidentiality,​ (3) Integrity, and​ (4) Credibility. These standards are set by the Institute of Management Accountants​ (IMA).

<h3>What is Institute of Management Accountants?</h3>
  • The National Association of Cost Accountants, which eventually became Institute of Management Accountants, was established in Buffalo, New York in 1919. Its main office is in Montvale, New Jersey, in the United States, and it also has regional offices there as well as in Europe, the Middle East, and India.
  • It established the management accounting practices committee in 1969 with the mandate of advancing management accounting as a primary field of study consistent with Institute of Management Accountants viewpoints.
  • Twelve people from different accounting bodies, including the FASB and other well-known regulatory bodies, made up the group.
  • The Institute of Management Accountants representatives were commended for their knowledge of accounting. Later, the committee combined with the Foundation for Applied Research to establish the MAC/FAR committee.

To learn more about Institute of Management Accountants​ with the given link

brainly.com/question/8339611

#SPJ4

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<span>The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is an increase.

</span>A write-down of inventory to net realizable value is typically recognized as an increase in cost of goods sold in the period of the write-down, according the <span>inventory equation:
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Just did the practice on there for Home Ownership

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The correct answer is Gain or loss on the sale of equipment as part of continuing operations.

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Among the accounts of the income statement, only one record is made with the net profit that occurred in the process of the sale of the asset. Although the final effect on the income statement is the same as it had under the old regulatory framework, it can be said that with that single record among the income statements, what is sought is that high gross income and expenses are not shown high, as this could distort the different financial analyzes that will be carried out at the end of the year.

6 0
3 years ago
A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?
Karo-lina-s [1.5K]

Answer:

<h2><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em></h2>

Explanation:

<h3><em><u>Given</u></em><em><u>,</u></em></h3>

No. of peoples living in a country = <em>20,000</em>

GDP of the country is = 50 million dollars or<em> $50,000,000</em>

<h3><em><u>As</u></em><em><u> </u></em><em><u>we</u></em><em><u> </u></em><em><u>know</u></em><em><u>,</u></em></h3>

per \: capita \: gdp \:  =  \frac{country's \: total \: GDP }{country's \: total \: population}

<h3><em><u>Therefore</u></em><em><u>,</u></em><em><u> </u></em></h3>

The per capita GDP of the given country will be

= \frac{country's \: total \: GDP }{country's \: total \: population}

=  \frac{50,000,000}{20,000}

= $2500

<h3><em><u>Henceforth</u></em><em><u>,</u></em><em><u> </u></em></h3>

<em><u>The</u></em><em><u> </u></em><em><u>per</u></em><em><u> </u></em><em><u>capita</u></em><em><u> </u></em><em><u>GDP</u></em><em><u> </u></em><em><u>of</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>given</u></em><em><u> </u></em><em><u>country</u></em><em><u> </u></em><em><u>is</u></em><em><u> </u></em><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em><em><u> </u></em><em><u>(</u></em><em><u>Ans</u></em><em><u>)</u></em>

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