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Anna [14]
3 years ago
13

Business combinations historically have been accounted for as either purchases or poolings of interests. Now, with SFAS 141(R),

the acquisition method is required. Why did FASB change the rules?
Business
1 answer:
lora16 [44]3 years ago
8 0

Answer:

Explanation:

FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.

The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).

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That statement is True.

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Before beginning to compose a successful business message, you need to collect necessary information by conducting informal or f
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You must first gather the relevant data by completing either formal or informal research before you can start to write a good business message. Frequently, the data you gather while conducting research aids in the development of your message.

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5 0
2 years ago
Unified Modeling Language (UML) Class diagrams describe the logical structure of a database system. True or False True False
Mashcka [7]

Answer:

True

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3 years ago
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Answer:

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8 0
3 years ago
Identify values of, P, r, n, and t for the following compound interest problem and use those values and the following compound i
Crank

P, r, n, and t for the following compound interest problem and use those values and the following compound interest balance function :- p=20 , r=8 , n=64 , t=4 year

what is compound interest?

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.

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