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IRINA_888 [86]
4 years ago
8

The initials GAAP stand for a.general accounting procedures b.generally accepted accounting principles c.generally accepted acco

unting practices d.generally accepted plans
Business
1 answer:
qwelly [4]4 years ago
7 0

Answer:

The answer is b) generally accepted accounting principles

Explanation:

GAAP implies a series of procedures, principles and procedures that companies and their contacts must follow when they write the financial statements. Consult both the rules imposed by regulators, and the accepted principles for transmitting accounting information. The main objective of the GAAP is to establish a basis in the transmission of accounting information, so that it can be interpreted by all. The GAAP principles are mainly used in the United States, since in Europe the regulators affected another set of standards, such as IFRS (International Financial Reporting Standards).

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Mercedes-Benz has a self-driving car capable of 80 miles-per-hour speed. You have to keep your hands on the wheel in this E-clas
Ket [755]

Answer:

I would use survey research to determine the general opinion, positive or negative, on the feature from the general public.  

Explanation:

When conducting any survey research, it is important to sample a wide variety of people. In this case, you would want to survey the general population, not just former Mercedes customers.  

I would design a focus group survey with a series of questions where participants can choose from a range, 0-5, on how much they agree with a certain statement.

At the beginning of the survey, participants would read a brief paragraph explaining the features on the new car before continuing to the part where they record their responses.

Once the survey is conducted, the data can be analyzed. If the majority, say 70%, of all people surveyed agree strongly that a self driving car is a good idea and that the world is ready then you can assume that the general population is in fact ready.

7 0
3 years ago
_____ ratios reflect the speed with which resources are converted to cash or sales.
Mekhanik [1.2K]

Activity ratios reflect the speed with which resources are converted to cash or sales.

Option E is correct answer .

Activity ratios :

Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.

What is a high activity ratio?

A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.

Learn more about activity ratio :

brainly.com/question/25894261

#SPJ4

6 0
2 years ago
How does Chloe Spencer's website make money? (Site 1)​
NemiM [27]

Answer:

Google pays her every time someone clicks on a Google ad on her

site.

Explanation:

5 0
3 years ago
Read 2 more answers
Manufacturing overhead has an overallocated balance of​ $7,800; raw materials inventory balance is​ $62,900; work in process inv
alexandr1967 [171]

Answer:

C. ​$143,300

Explanation:

The computation of the cost of goods sold is shown below:

= Cost of goods sold + over-allocated balance of manufacturing overhead

= $135,500 + $7,800

= $143,300

To find out the cost of goods sold, we added the cost of goods sold and the over-allocated balance of manufacturing overhead

We ignored the raw material inventory balance, work in process inventory balance, and the finished goods inventory balance as it is not relevant. Hence, we ignored it

7 0
3 years ago
What has a company accomplished when it creates a financial statement that projects income and expenditures over a specified fut
Fofino [41]

Answer:

Budgets

Explanation:

Budgets are prepared for a future date and it creates a basic estimate and projection of future income and expenditures.

The income statement is prepared which presents the income and expenditure for a period which has lapsed.

Basically for a period that is past now. When future projections are created based on analysis and expectations then it is called budget.

Budgets reflects the expected performance of the company in the near future, based on the estimate about what the company members can perform.

6 0
3 years ago
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