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kondaur [170]
3 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]3 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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The Industrial Revolution marked the transition from doing things by hand to doing thm with machines. True False
irina [24]
This is pretty much true! The industrial revolution was all about from having things hand me to using machines! Support my answer just look it up just in case!
7 0
2 years ago
Gerard Company reported sales of $300,000 for 201 0; $330,000 for 2011; and $360,000 for 2012. If the company uses 2010 as the b
nevsk [136]

Answer:

%variation 2011= 10%

%variation 2012= 20%

Explanation:

Giving the following information:

Gerard Company reported sales of $300,000 for 2010; $330,000 for 2011; and $360,000 for 2012.

The percentual variation is calculated by the following formula:

%variation(2010 year base)= [(sales 1 - sales 0)/sales 0]*100

%variation 2011= [(330,000 - 300,000)/300,000]*100= 10%

%variation 2012= [(360,000 - 300,000)/300,000]*100= 20%

5 0
2 years ago
Stephi owns a footwear store. She wants to create a graph of the number of sneakers sold, by brand. She copies the SneakerSales
sukhopar [10]

Answer:

the answer is a

Explanation:

pasting the query results into a spreadsheet :)

brainliest/crown please :)

6 0
2 years ago
________ management is a systematic, structured approach to improvement, in which people critically examine, rethink, and redesi
Sedbober [7]

Answer:

Business Process Re-engineering

Explanation:

Business Process Re-engineering sometimes denoted as (BPR). It is a business process which include rearrange the previous process with aim to reduced manufacturing cost and error during process.

BPR process involves assessment of previous process which include detail assessment of all process which are part of fault engineering.

steps of BPR are

1- Analyze previous process

2- identify the error

3 -design future process on the basis of error

4 - implementation of process

5 0
2 years ago
Read 2 more answers
Activity based costing ________________ a. groups costs into meaningful buckets that are then distributed based on the activity
AveGali [126]

Answer: Activity based costing "<u>a. groups costs into meaningful buckets that are then distributed based on the activity or product they support.".</u>

<u />

Explanation: This system is based on the fact that the products consume activities and the activities resources (costs). Thus, if you have information on what each activity costs and what activities are necessary for the generation of each product, then you can know how much each product costs from the activities that constitute it.

3 0
3 years ago
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