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3 years ago

The organization that is primarily responsible for developing GAAP for use by all U.S. companies is the:

Business

1 answer:

victus00 [196]3 years ago

4 0

Answer:

C. FASB

Explanation:

The FASB refers to the Financial Accounting Standards Board that is an independent non profit organization who is responsible for developing accounting and finance related standards for reporting with respect to companies and non profit organization in the United states that followed GAAP

So as per the given situation, the option C is correct

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Aaron promises to sell his boat to Matt, and Matt promises to buy it from Aaron. What type of contract is this? Group of answer

Minchanka [31]

Answer: c. A bilateral contract

Explanation:

In a bilateral contract, the parties involved promise to both perform duties to the other which will make them both an obligor and an obligee.

An obligor is one who owes a duty to another and the obligee is one who a duty is owed to.

Aaron both owes a duty to sell the boat to Matt as well as being owed by Matt the duty to buy his boat. The same goes for Matt thus making this a bilateral contract.

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3 years ago

When you arrive for your job interview, the interviewer greets you with a warm handshake and a smile. While you speak, he smiles

denis23 [38]

Answer:

b. He is actively engaged in your interview.

Explanation:

In most cultures, smiling implies friendliness. In the United States, nodding and maintaining consistent eye contact show interest and engagement in a conversation and respect for the speaker. By combining these three nonverbal behaviors, the interviewer is expressing active, positive interest in your interview.

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2 years ago

What is a example of good customer service?

PtichkaEL [24]

Answer:

Jet blue= thanks frequent customers with small gesturer

Tesla= meet your customers where they r at

7 0

2 years ago

Data below for the year ended December 31, 2021, relates to Houdini Inc. Houdini started business January 1, 2021, and uses the

katrin [286]

Answer:

70.3%

Explanation:

Current period cost-to-retail percentage is:

Beginning inventory $70,000 $107,000
Plus: Net Purchases $302,290 $450,000
Plus: Net markups $23,000
Less: Net markdowns ($43,000)

Goods available for sale (excluding beginning inv.) $302,290 $430,000

Goods available for sale (including beginning inv.) $372,290 $537,000

Cost-to-retail percentage = $302,290 / $430,000 = 70.3%

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3 years ago

How did great britain enforce the payment of taxes.

andrew-mc [135]

Answer:

King George lll sent British soldiers to the colonies to enforce payment of taxes, because colonist sometimes smuggled goods into colonies to avoid paying taxes. ... The items were marked with a stamp to show the tax was paid.

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2 years ago