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bazaltina [42]
3 years ago
14

Which of the following types of pronouncements are intended to establish the objectives and concepts that the FASB will use in d

eveloping standards of financial accounting and reporting?
a. Statements of Concepts
b. Statements of Financial Accounting Standards
c. APB Opinions
d. Accounting Standard Updates
Business
1 answer:
mezya [45]3 years ago
7 0

Answer:

The correct answer is option A) Statement of Concepts

Explanation:

The Financial Accounting and Standard Board (FASB) pronouncements intended to establish the objectives and concepts that the FASB will use in developing standards of financial accounting and reporting is Statement of Concepts.

Statement of Concepts is intended to serve the general interest of the public by setting the objectives, characteristics, specific qualities, and other parameters that guide selection of economic concepts that will be recognized and reflected in financial statements for financial reporting.

Statement of concepts guide the FASB in developing well researched and informed accounting principles that reflects the contents and inherent limitations that will be used in developing standards of financial accounting and reporting.

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Buying a new leather belt for which of these reasons is most likely a sound financial decision?
hichkok12 [17]
How am i supposed to answer the question with no choices to choose from
3 0
2 years ago
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Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3
kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

5 0
2 years ago
What makes McDonald's successful in business?
faust18 [17]
McDonalds is a fast food restaurant (I don't it's actually called a restaurant) and it has to best cheeseburgers and a slide. Lots of people bring their children there and the kids LOVE IT (I hope) so it is successful. Plus, there is almost 100 McDonalds in every City.
In 30 years, I think McDonalds is still gonna be in business because it has been successful for many, many years and I think if it goes out of business:
1. The world will be disappointed
2. it's impossible because it's 24/7.

I hope this helped!
5 0
3 years ago
Read 2 more answers
FocusPro, a marketing communications and strategy consulting firm, is assisting a client to understand the effects of promotiona
Tcecarenko [31]

Answer:

A) experimental

Explanation:

Experimental research is carried out following the scientific method, where the researcher (FocusPro and the client) manipulate one or more variables (discount coupons) and measure how they affect the behavior or responses from another variable (consumers). This is basically a controlled experiment that tries to find out how consumers react to different discount coupons offered.

6 0
2 years ago
Delivery trucks enter and leave a depot through a controlled gate. At the depot, each truck is loaded with packages, which will
Andrews [41]

The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?

<h3>Why can this question not be answered?</h3>

In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.

The total number of deliveries will then be added up and divided by the number of trucks making deliveries.

The information on the number of deliveries made is not in the database so this question cannot be answered.

In conclusion, option 2 is correct.

Find out more on databases at brainly.com/question/518894.

5 0
2 years ago
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