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True [87]
4 years ago
13

Documents issued by the FASB include all of the following except:________.a. Statements of Financial Accounting Standards.b. Int

erpretations of Statements of Financial Accounting Standards.c. Statements of Financial Accounting Concepts.d. Financial Reporting Releases.
Business
1 answer:
raketka [301]4 years ago
5 0

Answer: Financial Reporting Releases

Explanation:

The Financial Accounting Standards Board is a body that was set up in order to create and also improve the Generally Accepted Accounting Principles that are within the United States so as to be beneficial to the public.

Documents issued by the FASB include • Statements of Financial Accounting Standards

• Interpretations of Statements of Financial Accounting Standards.

• Statements of Financial Accounting Concepts.

Therefore, the Financial Reporting Releases isn't among the documents issued.

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The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 1,250 units at $15 each on January
dmitriy555 [2]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The Xu Corporation uses a periodic inventory system.

The company has a beginning inventory of 1,250 units at $15 each on January 1.

Xu purchases 1,500 units at $14 each in February and 700 units at $16 each in March.

Xu sells 650 units during the quarter.

Average price= (15 + 14 + 16)/3= 15

Cost of goods sold= 15*650units= $9,750

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3 years ago
Gary decides to start his own business. His next best alternative was to accept a job with a different company that would have p
Rama09 [41]

Answer:

$10,000

I think

Explanation:

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3 years ago
One way Chip's Coffee House retains staff is by offering two-weeks paid vacation and health insurance benefits for part-time emp
Sidana [21]

Answer: d. People

Explanation:

Bossidy and Charan understand if they treat their employees well it would greatly affect the business as workers will work their very best and customers would be treated properly.

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3 years ago
You have been elected to the governing board of your church. At the first meeting you attend, mention is made of building a new
tigry1 [53]

Answer:

1. Cash in hand and at bank balance

2. Is there land and buildings available

3. Are there any accumulated debt owed by the church

4. Collections or record of church document.

Explanation:

1. Cash in hand and at bank balance. This an example of a current asset. The first question is how much does the church have as cash and bank balance. The reason is to ascertain whether the fund will be sufficient for the new building project.

2. Land and Buildings availability. This is a fixed asset. The board would enquire whether there is an already existing building or land with which to begin the building project.

3. Debt or loan owed by the church. Loan forms part of liability in a balance sheet. Another question to be asked is whether the church is indebted to a bank or financial institution. This will determine whether or not to continue with the building project.

4. Record of church document. Does the church have any existing document with which to support the new building? This is pertinent as to begin or abandon the plan to build a new church.

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3 years ago
Which of the following elements is exclusive to the services marketing mix, and not the traditional marketing mix?a) processb) p
Romashka-Z-Leto [24]

Answer:

a) process

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The P's are Product, Pricing, Place, Promotion, People, Process and Physical Evidence and for Traditional Marketing is Product, Pricing, Place and Promotion

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3 years ago
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