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Dovator [93]
3 years ago
6

Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are not principles, standards, concepts, or values

common to business ethics.A. TrueB. False
Business
1 answer:
sergeinik [125]3 years ago
8 0

<u>Answer: </u>

Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are not principles, standards, concepts, or values common to business ethics is a FALSE statement.

<u>Explanation: </u>

  • The GAAP has a wide range of applications owing to the unanimous addition of functions to the discipline of accountancy.
  • Other than GAAP, certain countries and businesses follow the accounting methods given by 'other comprehensive basis of accounting' (OSBOA).
  • Some businesses choose to follow both at once, while the majority choose to follow either of them.
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Assume the economy is on aggregate demand AD1. The Fed should attempt to raise investment by enough to shift aggregate demand fr
Mashcka [7]

Answer: d. AD2 and then to AD3

Explanation:

The Long Run Aggregate Supply Curve represents the supply in the Economy when the Economy is at full employment. Operating at this level would be most ideal for an economy.

The point where AD and AS intersect is the quantity produced in the short run. Government policy should therefore be geared at an equilibrium level where Aggregate Demand = Aggregate Supply = Long Run Aggregate Supply because at this point, the Economy will also be at Full Employment in the Short Run which is ideal.

The Fed should therefore attempt to raise investment by enough to shift aggregate demand from AD1 to AD2 and then to AD3 because at AD3, the Aggregate Demand would intersect the AS at the Full Employment quantity which is ideal.

5 0
3 years ago
is often costly for developing countries to adjust to trade agreements because A. trade agreements systematically expect more li
Svetach [21]

Answer:

A. trade agreements systematically expect more liberalization by developing countries than is expected of developed countries

3 0
3 years ago
Read 2 more answers
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t
Masteriza [31]

Answer:

55,000 Credit balance

Explanation:

Mango Company

Predetermined overhead rate /Estimated overhead cost

= $600,000 / $300,000

Estimated direct labor cost = 200%

Applied overhead :

=Actual direct labor cost of $335,000 × 200%

= $670,000

Overhead incurred-Overhead applied

$615000 – $670,000

=$55,000

Therefore At year-end, the balance in the Factory Overhead account is a: credit of $55,000

8 0
3 years ago
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Knowing the uses of Word can help people make decisions on how best to navigate the application.
andrezito [222]

Answer:

articles

reports

books

brochures

Explanation:

A word is a processing software in which we can make the best use to prepare articles, reports, books or booklets, brochuers, etc. It is best for editing the documents

There are various features in a word through we can make these things as discussed above

For making the spreadsheet we use the excel and for making the presentations we use power point

Therefore these two would not come under the word processor

Hence, the first four options are correct

5 0
3 years ago
Read 2 more answers
Discounting A. A concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs.
uranmaximum [27]

Answer:

PMT x {[(1 + r)^n – 1]/r}

Explanation:

The formula for calculation the future value of an ordinary annuity is given as :

PMT x {[(1 + r)^n – 1]/r} ;

Where ;

PMT = Payment amount ; r = discount rate

n = number of payments

For ordinary annuity, payment are made at the end of each period as opposed payment made at the beginning of the period for annuity due.

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3 years ago
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