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Sergeu [11.5K]
3 years ago
11

Which statement best describes how the International Ethics Standards Board for Accountants' (IESBA) Code impacts the U.S. accou

nting profession?a. CPAs in public practice in the U.S. are required to apply the IESBA code, evenif they don’t perform services outside the U.S. b. State boards of accountancy are required to adopt the IFAC’s rules within 90 days of an IESBA rule change. c. As a member body of IFAC, the AICPAs required to change its bylaws whenever the IESBA changes its rules. d. The AICPA is required to adopt ethics standards that are at least as restrictive as the IESBA rules.
Business
1 answer:
Vladimir79 [104]3 years ago
5 0

The AICPA is required to adopt ethics standards that are at least as restrictive as the IESBA rules.

Answer: Option D

<u>Explanation:</u>

IESBA stands for the international ethics standards board for the accountants. As clear from the full form, this board performs the activities of setting up the ethics which the accountants need to follow while they are performing their work of making the accounts.

This body is not a national level but established at an international level. The other body which is the AICPA also needs to adopt the rules which are as restrive as the ethics of the IESBA.

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What are institutional advertisements designed to promote
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To better show and explain a image, idea, and or organization for a business.

It is basically to help build a postitive image for your business you are running or trying to create

Hope this helps

7 0
3 years ago
Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Departmen
Gemiola [76]

Answer and Explanation:

The computation of the equivalent units of production for both materials and conversion costs is given below:

For material

= Units completed + ending work in process × completion percentage

= 7,700 + 2,100 × 0.75

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And, for conversion cost

= Units completed + ending work in process × completion percentage

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5 0
3 years ago
Economists use the distinction between private and public goods to determine __________
Butoxors [25]

Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.

In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.

Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.

Hence, both public and private goods have their own importance in the economy.

To learn more about public and private goods here:

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8 0
2 years ago
If the U.S. capital markets are not informationally efficient, ______.A. the markets cannot be allocationally efficientB. system
Firdavs [7]

Answer:

A. the markets cannot be allocationally efficient

Explanation:

If the U.S. capital markets are not informationally efficient, the markets cannot be allocationally efficient

5 0
3 years ago
7. What is supply and demand? Give me an example of a supply and demand currently?
Marysya12 [62]

Answer:

Supplier sells the goods at various prices, depending on how much consumers want it, and at the rate that the goods are being sold.

For example, now, during the pandemic,  face masks are now in very very high demand. Due to this, suppliers has now increased the price of the face masks, as to take advantage of the current situation

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3 years ago
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