Companies must follow generally accepted accounting principles (gaap) for international financial reporting standards accounting reports
<h3><u>What are international financial reporting standards ?</u></h3>
- The International Financial Reporting Standards (IFRS) are a group of accounting guidelines that specify which kinds of transactions and events must be disclosed in financial statements.
- The International Accounting Standards Board created and maintains them (IASB).
- The IASB wants the rules to be implemented consistently across the world so that investors and other users of financial statements may compare the financial performance of publicly traded firms with that of their worldwide peers on an equal footing.
- More than 100 nations, including the European Union and more than two-thirds of the G20, currently utilize IFRS.
- International Accounting Standards (IAS), which were more traditional standards that IFRS superseded in 2000, are occasionally mistaken with IFRS.
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Answer:
C. additional information
Explanation:
When you gather data, the most important thing that you need to fill first is the identity of the subjects.
In business, the data that companies take through questionnaires is made in order to read the market's trends or customers' general preference. In order for the data to be usable, the companies need to be able to differentiate subjects based on different characteristics (such as age, gender, income level, etc). All of this information is filled under the additional information box on every files.
Answer:
1,333.33
Explanation:
Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.
total labor hours = 25milion x 36 hours per week
= 900 million
labor productivity = GDP ÷ total labor hours
labor productivity = $1,200 billion ÷ 900 million
$1,333.33 per hour
Answer:
Cheap
Explanation:
If Mary is selling one product at a lower promotional price then the buyer will think the other products are being sold at a lower price too right?
I may be wrong.......
