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kondaur [170]
4 years ago
8

The organization primarily responsible for establishing accounting and reporting standards in the United States is the Financial

Accounting Standards Board (FASB).
True / False.
Business
1 answer:
Triss [41]4 years ago
6 0

Answer:

This statement is True.

Explanation:

The Financial Accounting Standards Board (FASB) is the successor of the <u><em>Accounting Principles Board</em></u> and was founded in 1973. Currently based in Norwalk - Conn, the FASB is responsible of establishing the Generally Accepted Accounting Principles (GAAP), and, overall, is in charge of setting accounting and financial reporting standards for public and private companies, as well as non-profit organizations in the United States. The FASB is also currently working to establish worldwide acceptable standards together with the International Accounting Standards Board (IASB).

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What does “Barbarian” mean?
diamong [38]

Answer:

it means u mad bro?

Explanation:

7 0
3 years ago
Read 2 more answers
A frozen food manufacturer can produce either pizzas or calzones. As the result of an increase in the price of calzones, the fir
goldfiish [28.3K]

Answer:

More supply of calzones

Explanation:

The increase in the price of calzones has resulted in an increase in the supply of calzones. The company can produce either pizzas or calzones; the increase in the supply of calzones will decrease the supply of pizzas. Overall, price and supply have a positive relationship which is why the increase in prices has increased the supply of calzones.

6 0
3 years ago
The HR manager of Carl Investments, a share broking firm, has decided to arrange regular yoga classes for the employees of the f
tigry1 [53]

Answer:

collateral stress program

Explanation:

collateral stress program is program which is being implemented in organization to help employee cope with stress and anxiety.  

It has been seen that long working hours, increasing workload and uncertainty in roles and responsibilities accompanies with unbalanced work life balance has been affecting physical and mental well being of employee. This reduces the productivity of employee and organization. An organization is meant to take care of employees. Hence under such circumstances. Collateral stress program is being use dot help employees.  

Under this program, employees are made to learn stress management, health promoting program is conducted. Employees are given assistance of psychological expert to discuss their issues. Nowadays Yoga program is also used in organization to ensure overall being of employees.  

Hence any activity and event to ensure mental and physical well-being of employee constitute collateral stress program.

Since, in the problem stated above carl investment firm is introducing yoga classes for its employee to help in mitigating their stress. It comes under the purview of collateral stress program

8 0
4 years ago
Robin and Bellman, both merchants, orally agree to a contract for the sale of $5000 of accessories. Bellman, the buyer, sends to
AleksandrR [38]

Answer:

enforceable even without Robin's signature because both parties are merchants.

Explanation:

Enforceable law defines when one person performs legally contract and that party enforce or impose to the other.

Therefore in the given situation, Robin sends the written confirmation of the sale, which was sufficient under the statute of frauds, Bellman signs and Robin fails to send the goods. So, this contract is enforceable because without Robin's signature because both parties are merchants.

8 0
3 years ago
Bassett Fruit Farm expects its EBIT to be $377,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.3 p
skelet666 [1.2K]

Answer:

$1,729,098

Explanation:

Given that,

EBIT = $377,000

No debt.

Cost of equity = 13.3 percent

Tax rate = 39 percent

Value of issuing bonds at par = $2.7 million

Coupon rate = 6.5%

Therefore,

Unlevered value of the firm:

= [EBIT × (1 - Tax rate)] ÷ Cost of equity

= [$377,000 × (1 - 0.39)] ÷ 0.133

= $229,970 ÷ 0.133

= $1,729,098

4 0
3 years ago
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