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sergejj [24]
4 years ago
14

The authoritative standards-setting body that focuses on both internal and external financial reporting is the

Business
1 answer:
Fantom [35]4 years ago
6 0
<span>The Financial Accounting Standards Board (FASB) sets the rules for both types of financial reporting. Unlike the SEC, which is a governmental body, the FASB is an independent, non-profit company that sets standards for companies to make reporting that will best be used to make public decisions.</span>
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Vanessa is organizing a proposal for a client to buy her company's service what information should she put first in her proposal
Tju [1.3M]
I think the answer is A let me know if I was right! <3
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4 years ago
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Stephanie is nervous about giving a presentation at the marketing firm where she works. One of her male coworkers told her, "Don
Mice21 [21]

Answer:

Stereotype threat

Explanation:

A. Stereotype threat

Explanation:

Stephanie's anxiety stems from Stereotype threat. She is way too concerned about how she appears to her audience. This has caused her to be nervous. She is in a predicament where she feels at risk of conforming to stereotypes about her gender. Especially because of her male coworker who told her, "don't be such a girl, attack that presentation! "

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3 years ago
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David helps the orchestra improve on a daily basis. When required, he spends personal time with the members to help them achieve
Liula [17]

Answer:

d.thank the members of the orchestra and give them credit for their hard work.

Explanation:

As in the given scenario, David is helping the orchestra improve on a daily basis and helping them attain their full potential which results in achieving their shared goals.

As leader of Level 5, David will thank the leaders of the orchestra and give them credit for their hard work as it is a team effort through which objectives and goals can be attained. It is a group success, not an individual success, plus it ignores the behavior of ego and attitude so that they can do their utmost for the organization

5 0
4 years ago
A company reports the following information for June: Sales revenue $ 104,000 Income tax expense $ 11,000 Operating expenses 22,
Elodia [21]

Answer:

Gross profit    $39,000

Explanation:

X company

Income statement ( parochial)

For the year ended, June 30 20YY

Sales revenue                                                       $104,000

Less: cost of goods sold                                       $65,000

Gross profit                                                            $39,000

In that case, we do not use Income tax expense, Operating expenses, Deferred revenues, Non-operating revenues because those will be needed when we will calculate the net income.

5 0
3 years ago
On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of
faltersainse [42]

Answer:

2021

revenue                 2,666,667

we have cost for <u>  2,000,000  </u>

income for                666,667

2022

revenue                     3.278.400‬

cost                       <u>     2,500,000    </u>

income                          778.400‬

2023

revenue          2,054,933‬

cost             <u>    3,800,000   </u>

loss                   1,745,067‬

Explanation:

2,000,000/ (2,000,000 + 4,000,000) = 1/3

in 2021 a third of the contract was complete therefore we recognize a third of revenue:

8,000,000 x 1/3 = 2,666,667

we have cost for   2,000,000

income for                666,667

2,500,000 / (2,500,000 + 3,600,000) = 0,4098

we recognize revenues for 40.98 of the total contract value.

8,000,000 x 40.98 = 3.278.400‬

cost                       <u>     2,500,000    </u>

income                          778.400‬

2023

we recognize the remaining revenue.

8,000,000 - 2,666,667 - 3,278,400 = 2.054.933‬ revenue

cost 3,800,000

loss   1,745,067‬

7 0
3 years ago
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