That is intiative, its basically commiting yourself to doing something and putting everything else behind you
Answer:
Whenever an accountant have some alternatives for reporting a transaction then there are some certain ethical issue for which an accountant must be aware;
1. is this method is permissible by the accounting standards?
2. Is this method permissible by the norms of the firm and industry?
3. Is this method violates ethical code of an accountant?
4. Is this method helps in maximizing overall welfare of stockholders?
5. Is this method helps in depicting true financial information to the stakeholders?
6. is this method really helps a firm in getting its objectives?
So before accepting any alternative an accountant should consider above mentioned points.
If alternative are successful on the above parameters then accountant can accept that alternative and in such case this alternative will not violate any ethical issue.
Explanation:
Answer:
11 years
Explanation:
The Macauly duration of a bond is generally calculated for coupon bearing bonds sold either at par or at premium or discount values. When we are asked about the Macauly duration of a zero coupon bond, the answer is simply the time to maturity of the bond, or the bond duration. In this case, the time to maturity is 11 years which equals the Macauly duration.
Answer:
PV=148135,68
Explanation:
PV Present Value
CF Cash Flow
r the periodic rate of return
n Number of periods
PV= CF/(1+r)n
PV= 176000/(1+9%)2
PV=148135,68
C. (Experienced driver with a good driving record.) less likely to get into an accident.
