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levacccp [35]
1 year ago
11

a company that prepares its financial statements according to international financial reporting standards (ifrs) accounts for a

government grant by recognizing revenue for the amount of the grant. group startstrue or false
Business
1 answer:
anastassius [24]1 year ago
3 0

International Monetary reportage Standards (IFRS) area unit a collection of accounting standards that govern however explicit varieties of transactions and events ought to be rumored in monetary statements.

They were developed and area units maintained by the International Accounting Standards Board (IASB). IFRS Accounting Standards address this challenge by providing a high-quality, internationally recognized set of accounting standards that bring transparency, answerability and potency to global monetary markets.

It's a set of accounting rules and standards verifying that accounting events are reportable in your business's money statements. Issued by the International Accounting Standards Board (IASB), IFRS aims to create money statements that are consistent, comparable, and clear across the globe.

To learn more about Accounting Standard Board

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When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the m
Lelu [443]

Answer:

<u>Allocative efficiency </u>

Explanation:

Marginal benefit refers to the extra satisfaction derived from purchase of an extra unit of a good or a service.

Marginal cost refers to the extra cost incurred when an additional unit of a good or a service is produced.

When marginal cost is equal to the marginal benefit, it is the most efficient situation wherein optimal blend of commodities is produced.

Allocative efficiency refers to producers providing that blend of goods which are most desired by the society at the optimal level of production.

3 0
3 years ago
What are some advantages of using a Credit card the right way?
motikmotik

it builds your credit score

8 0
3 years ago
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Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growt
GaryK [48]

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hmmmmmmmmmmmmm

Explanation:

3 0
3 years ago
On behalf of a client, you enter an order to write 5 abc jan 30 puts. this order is a(n):___.
Tasya [4]

On behalf of a client, you enter an order to write 5 ABC Jan 30 puts. this order is Opening to sell.

A customer is a person who purchases products or services from a company, and a customer refers to a specific type of customer who purchases professional services from a company. In general, customers buy products and customers buy advice and solutions.

A client is someone who buys goods or pays for services. Businesses and other organizations can also be customers. Unlike Customers, Customers typically have a contract or relationship with a Seller. For example, when you buy coffee at a station cafe, you are the customer.

Learn more about Opening to sell at

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4 0
2 years ago
The balance sheet of California Clothing reports total equity of $600,000 and $700,000 at the beginning and end of the year, res
kolbaska11 [484]

Answer:

10%

Explanation:

return on equity = net income / average equity = $65,000 / [($600,000 + $700,000) / 2] = $65,000 / $650,000 = 0.1 = 10%

Return on equity (ROE) measures the profitability of a company by comparing the net income generated in the year against the company's equity. The higher the ROE, the more profitable the company is. In this case, each dollar invested generates $0.10 in profit.

5 0
3 years ago
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