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nadya68 [22]
3 years ago
15

Two foreign companies want to trade shares of their stock on u.s. stock exchanges. one company follows ifrs but the other compan

y does not. if the fasb changes an accounting standard for gaap, how will this affect each foreign company?
Business
1 answer:
Svetach [21]3 years ago
3 0

Answer;

-A foreign company that wants to have their shares traded on U.S. stock exchanges who uses accounting practices that comply with IFRS

Explanation;

Financial Accounting Standards Board (FASB) is the primary accounting standard-setting body in the United States. Generally accepted accounting principles (GAAP) is a set of accounting standards that have substantial authoritative support and which guide accounting professionals.

-FASB goal is to provide leadership for public companies in establishing and improving the accounting methods used to prepare financial statements. The FASB has the authority to set, but not enforce, accounting standards. Enforcement falls under the jurisdiction of the SEC. The FASB takes recommendations from the SEC and the AIPA when devising or improving standards; however, it is not required to.

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OlgaM077 [116]

Answer:

The correct answer is Contrast and repetition.

Explanation:

Contrast: it has to do with sensory stimuli that allow highlighting elements or areas in a composition through the opposition or difference between them, that is, in a graphic design, a contrast is generated when there is a notable difference between two elements.

Repeat: the repetition is nothing more than identical identical forms that appear more than once in the design, that is to say, it would be a question of using the same element several times and distributed throughout the composition.

It is very important to resort to repetition especially when we are designing a graphic product that consists of several pages (catalog, magazine, etc.).

The repetition gives unity to the whole design, consistency and cohesion. Sometimes even on single page products, such as a diptych or triptych, it gives the feeling of continuity and that everything is "well tied". However, it should not be exceeded in its use. Repeating one or two graphic patterns is fine, but after three it would not be correct.

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3 years ago
Assume that X-Men has an unadjusted Accounts Receivable balance of $10,000 and Allowance for Sales Discounts balance of $0. $1,0
lisov135 [29]

Answer:

For X-Men, the Sales Discount should be recorded at the estimated discount amount that will be taken by the X-Men's customers, which is calculated as: $1,000 * 2% = $20.

The adjusting for sales discount X-Men should be recorded as followed:

Dr Sales Discount                                    20

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in which, Sales Discount is a contra-revenue account which helps to record the Net Sales amount from the Gross Sales amount.

Explanation:

6 0
4 years ago
In one of the case studies in the textbook, Jerry Harkanell worked as an administrative assistant for a large San Antonio hospit
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e of the case studies in the textbook, Jerry Harkanell worked as an administrative

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5 0
3 years ago
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yKpoI14uk [10]

Answer: Lifestyle change/desire to change it is the suburbanization of more developed countries.

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a worksheet

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