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egoroff_w [7]
3 years ago
11

The full disclosure principle requires a balance between_______________.

Business
1 answer:
N76 [4]3 years ago
3 0

Answer:

Relevance and cost effectiveness  

Explanation:

Full disclosure principle means that a business should report all the relevant and necessary information regarding their financial statement to the people who are accustomed to reading it as not disclosing full information might affect the readers understanding.

It prevents any lack of information from the business's financial information and helps to ensure that  creditors, stakeholders and investors are aware of all the relevant information while making key decisions that affect the company.

Not disclosing all the information could manipulate the companies financial statement and it may look stronger that it really is.

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is the set of guidelines issued by the Equal Employment Opportunity Commission (EEOC) and other agencies to identify how an orga
hjlf
<h2>Uniform Guidelines on Employee Selection Procedure</h2>

Explanation:

This procedure is used to make

  • employee decision
  • including interviews
  • work samples
  • physical requirement
  • evaluation of performance
  • review experience from application form

These set of procedures are designed so that the nation's goal is achieved. Any employment opportunity should be given irrespective of colour, race, sex, religion, etc.

These are designed to help / support,

  • employer
  • labor organization
  • employment agencies
  • licensing and certification board, etc
6 0
2 years ago
Using the indirect method calculate the amount of net cash flows from operating activities from the following data.
e-lub [12.9K]

Answer:

Net cash: $199,600

Explanation:

First, we need to identify the increase and decrease in accounts:

+) Decrease in Account Payable = Beginning Account Payable - Ending Account Payable = 12,000 - 11,200 =$8,000

+) Decrease in Account Receivable = Beginning Account Receivable - Ending Account Receivable = 20,000 - 17,600 = $2,400

+) Increase in Prepaid Expense = Ending - Beginning = $5,600 - $4,000 = $1,600

Net cash flows from operating activities of the company can be calculated in indirect method as follow:

Net income               $166,000

<em>Adjustments to reconcile the net income to net cash flow from operating activities:</em>

Decrease in account payable              ($11,200)

Depreciation Expense                          $40,800

Amortization of intangible assets         $3,200

Decrease in Account Receivable         $2,400

Increase in Prepaid Expense                ($1,600)

=> Net cash provided = Net income - Decrease in accountable + Depreciation Expense + Amortization of intangible assets + Decrease in Account Receivable - Increase in Prepaid Expense  

= 166,000 - 11,200 + 40,800 + 3,200 + 2,400 - 1,600 = $199,600

Net cash: $199,600

3 0
3 years ago
A golf course is mostly likely to be closed on what day of the week?
nikklg [1K]
Hi!

The day of the week a golf course is mostly likely to be closed on is Monday. =)
8 0
3 years ago
The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The
konstantin123 [22]

Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage.  At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations.  The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

7 0
3 years ago
The manager of manufacturing consults with a customer service representative to determine the status of a shipment to a customer
DiKsa [7]

Option C

This is an example of​ diagonal communication.

<u>Explanation:</u>

Diagonal communication is the distribution of information between various structural levels inside a business. Diagonal communication is advantageous as it is active, practical and valuable. It can also develop greater coordination between staff members. It can assist in solving problems precisely as various approaches are taken concurrently.

It lessens the uncertainties of falsification or distortion by promoting communication among the appropriate parties. It also diminishes a manager's communication workload because he doesn't ought to work as an emissary among his direct statements and other administrators.

8 0
3 years ago
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