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Brums [2.3K]
3 years ago
11

Accounting standard-setters use the following process in establishing accounting standards:__________. A. Discussion paper, rese

arch, exposure draft, standard. B. Research, preliminary views, discussion paper, standard. C. Research, exposure draft, discussion paper, standard. D. Research, discussion paper, exposure draft, standard.
Business
2 answers:
Deffense [45]3 years ago
6 0

Answer:

D. Research, discussion paper, exposure draft, standard.

Explanation:

Accounting standards are used for financial reporting, they are set of principles (standards and procedures) that most be followed in other to achieve the basis of financial accounting policies and practices which would lead to a transparent financial report.

The processes are first done by RESEARCHING paper to get ready known knowledge, DISCUSSING the researched context within professionals, EXPOSING the already know facts and also bringing new cocepts then finally setting the required STANDARDS.

Sergeu [11.5K]3 years ago
4 0

Answer:

Option D Research, discussion paper, exposure draft, standard.

Explanation:

The reason is that the International Accounting Standard Board conducts the research which includes the issues arising in the current standard due to advancement in environment. This requires that the company consider all the valuable suggestions fromt the professionals around the world. After a great discussion, the IASB chooses the best recommendations and publishes exposure draft which to review the judgement made. After careful review of the exposure, IASB issues new international accounting standard which results in abandoning the application of previous international accounting standard in two years time and opting to the new international accounting standard.

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What is the total cost for an item that costs $140.00 and has a sales tax rate of 7.5%?
riadik2000 [5.3K]
<span>$140.00 x 0.075 = $10.50

Hope this helps!

</span>
5 0
3 years ago
Moates Corporation has provided the following data concerning an investment project that it is considering:
sertanlavr [38]

Answer:

The net present value of the project is closest to $144,128. The right answer is b

Explanation:

In order to calculate the The net present value of the project we would have to use the following formula:

Net present value = PV of cash inflows - Initial investment

Present value of cash inflows = Annual cash flow * PVIFA (N,I) where N = 4 and I = 8%

Present value of cash inflows= 119000 * PVIFA (4, 8%) = 119000 * 3.3121

Present value of cash inflows=$394,135

Therefore, Net present value= $394,135 - $250,000

Net present value= $144,135

The net present value of the project is closest to $144,128

3 0
3 years ago
Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until afte
neonofarm [45]

Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation?

The barrier to communication that occurred in this situation is sender barrier.

A communication barrier is anything that prevents someone from receiving and understanding messages including information, ideas and thoughts. Since Claire did not let her employees know about the seminar, they had no way to know that the seminar was going on and that they were able to attend.  There was no information given from Claire, who was suppossed to be the sender of the information for her team.

6 0
3 years ago
You want to have $18,000 in 9 years for a dream vacation. If you can earn an interest rate of .5 percent per month, how much wil
stiks02 [169]

Answer:

$10,503.59

Explanation:

This question requires us to find how much you have to deposit today if:

Fv = 18,000

Time = 9 years

PV= fv/(1 + i)^n

N = 9 X 12 = 108

I/y = 0.5%

PV = $18,000 / 1.005^108

= $10,503.59

Therefore what you have to deposit today is $10,503.59

5 0
3 years ago
when commercial farming proposals have promised more jobs in zambia, why have there been job losses at the farm taken over by ch
bekas [8.4K]

The commercial farms have not offered assistance to the nearby subsistence farmers.

<h3>What is commercial farming?</h3>

Commercial farming is done to cultivate crops and cattle in order to gain money. Crops can be sold directly to consumers and businesses or processed into products like juices, jellies, pickles, and other foods.

Commercial agricultural practices: the raising of animals and food for market, frequently utilizing current technology.

Thus, The commercial farms have not offered assistance to the nearby subsistence farmers.

For more information about commercial farms, click here:

brainly.com/question/17392167

#SPJ1

4 0
1 year ago
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