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3 years ago

Regarding convergence of accounting standards, the FASB and IASB:

Business

1 answer:

Ahat [919]3 years ago

6 0

Answer:

D. Are not likely to achieve full convergence of accounting standards in the near future.

Explanation:

FASB and IASB has joined hands to work together and achieve full convergence. This agreement was signed in 2002, but yet the full convergence has not been achieved. Though both the organisations are still working on the same.

They have not combined their organizations as to form a single organization and work on BUSY format, thus, statement A is not correct.

As they intend to work together statement C is also not correct.

As full convergence is not yet done, Statement B is also not correct.

Accordingly, Statement D is correct.

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Economists make assumptions to represent their political bias. focus their thinking. make models easier for students to understa

Sati [7]

Answer:

The correct answer is letter "D": better match the complexity of the real world.

Explanation:

Economists create models to <em>reflect real-world phenomena through simplified concepts</em>. Those models tend to adopt the most variables possible of economic events to analyze them in-deep, find out why they happen, attempt preventing them or finding a solution for them if feasible.

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3 years ago

The major brand strategy decisions a firm has to make in building a strong brand begins with brand ________ and is followed by

maw [93]

The answer that best fits the blanks above are POSITIONING and NAME SELECTION, respectively. So one of the strategies in developing a strong brand is to start with brand positioning then followed by brand name selection. Brand positioning is also part of marketing and this allows the brand to be occupied in the minds of the customers. On the other hand, brand name selection follows a certain criteria that should be met whether it is interesting, and attracts attention.

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3 years ago

Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fi

adell [148]

Answer:

Please consider the following explanation

Explanation:

a. EOQ = 560 units

b. 58800 units/560 units = 105 orders

c. EOQ/2 = 560/2 = 280 units (average inventory)

d. 105 orders × $4 ordering cost = $ 420

280 units × $1.50 carrying cost per unit = 420

Total costs = $840

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3 years ago

Identify the possessive pronoun in the following sentence: "I love my new computer!"

Vanyuwa [196]

Answer:

Explanation:

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2 years ago

The market supply curve Question 16 options: is found by vertically adding the individual supply curves. represents the sum of t

Juli2301 [7.4K]

The market supply curve represents the sum of the quantities supplied by all the sellers at each price of the good.

<h3>What is the market supply curve?</h3>

The market supply curve is the sum of the individual supply curves of firms. The individual supply curves are added horizontally. The supply curve sloped upward. This shows that there is a positive relationship between price and quantity supplied.

To learn more about supply curves, please check: brainly.com/question/26073189

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2 years ago