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Sedaia [141]
2 years ago
13

Which qualitative characteristic requires that financial information should not influence decision making to achieve a predeterm

ined result?
Business
1 answer:
lutik1710 [3]2 years ago
3 0

Neutrality is qualitative characteristic requires that financial information should not influence decision making to achieve a predetermined result.  The trait of neutrality is frequently referred to as objectivity or freedom from bias. When creating or implementing standards, the relevance and veracity of the information that arises should be the main consideration, not how the new norm may affect a certain interest or user (s).

Accounting facts and accounting procedures should be independently assessed and reported without any explicit bias toward any particular user or user group. It cannot be stated that accounting information reported favors one set of interests over another if there is no bias in the selection of that information. It is because that is what the data indicates.

#SPJ4

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Equipment with a book value of $83,500 and an original cost of $162,000 was sold at a loss of $32,000. Paid $106,000 cash for a
irga5000 [103]

Answer:

Net cash flow from investing activities $417,400

Explanation:

The computation of cash flow from investing activity is given below:

Cash flow from investing activities  

Add: Equipment sold ($83,500 - $32,000) $51,500

(Book value - loss )  

Less : Acquisition of new truck -$106,000

Add : Land sold $400,000

Add : Long term investment sold $91,400

Net cash flow from investing activities $417,400

3 0
3 years ago
The unique behavior, attitudes, values, and habits of a company's owners and employees is the
zysi [14]

Answer:

I believe that is company culture

Explanation:

reason it just makes sense to me

its definitely not A or B

7 0
4 years ago
Which employees work directly with customers, helping them make deposits and withdrawals?
Maksim231197 [3]

Answer:

A. bank teller

Explanation:

bank teller is a person who manages deposits and withdrawls

3 0
3 years ago
Read 2 more answers
A new business owner is speaking with her marketing director about the possibility of creating a marketing plan for the business
Digiron [165]

Answer:

Businesses whether large or small are set up to make profits by satisfying customers' needs and a marketing plan helps achieve this goal.

Creating a marketing plan should therefore not depend on the size or age of the business.

Explanation:

Every business, whether large or small, has marketing goals and needs a marketing plan to help determine how it will use its available resources to best reach its customers.

With a marketing plan, a business can <em>identify its target market and competitors, determine how it wants to position its products to compete, and set marketing goals</em> that can be monitored and achieved.

Generally, <u>a marketing plan helps a business reduce costs and increase sales, thereby increasing profits. This is a major goal of organizations, whether large or small</u>.

4 0
3 years ago
Which factor is the least affected by interest rate changes?
ehidna [41]

Answer:

Option C. GNP

Explanation:

The business cost and the price of the product is of-course get affected by the increase or decrease in the interest rate. So both of these options are the answer to the question.

The GNP measures the value of the products and services that is owned by the country's residents which also includes the production output in warehouse, individual product holdings, etc. for the year. So GNP is least affected by the interest rate changes.

Though the value of the major investments in the foreign country can not be affected easily. Other factors that also effect the earnings from the abroad are profitability, dividend policy, taxes, etc that affects the earnings from the foreign countries. However the small investments would definitely be affected by the investments made in the foreign stock exchange with the change in the interest rate in the home country. So this change in the interest rate would definitely affect the earnings coming from abroad as the investment in foreign countries has been lessened. So can have considerable affect on the earnings coming from abroad.

8 0
4 years ago
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