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frozen [14]
4 years ago
6

The FASB has the authority to establish accounting and financial reporting standards for which of the following? a) both answers

are true b) neither answer is true c) private not-for-profits d) commercial businesses
Business
1 answer:
kipiarov [429]4 years ago
6 0

Answer:

c) private not-for-profits

Explanation:

The FASB is an independent non-profit organization whose responsibility involves establishing and implementing accounting and reporting standards in the US.  The Generally Accepted Accounting Principles (GAAP) guides  FASB or Financial Accounting and Standards Board in fulfilling its mandate.

The FASB has the authority to interpret the GAAP  for all organizations, including private and public companies, as well as profit and non-profit institutions. FASB set accounting rules and regulations to ensure standards and uniformity in the accounting industry.

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dsp73
<span>Cross cultural preparation refers to training employees on overseas work assignments to work through national and cultural boundaries.
When an employee is selected by the organization for the position in a foreign country. It must prepare the employee for the overseas work assignment. This is cross cultural preparation in which employee will be trained for overseas work assignments through national and cultural boundaries. </span>
3 0
3 years ago
ART has come out with a new and improved product. As a result, the firm projects an ROE of 25%, and it will maintain a plowback
Marianna [84]

Answer:

b. $11.43

Explanation:

g = 25% * 0.20

g = 0.05

g = 5%

D1 = 3 * (1 - 0.2)

D1 = 3 * 0.8

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Price = 34.28571428571429

Price = 34.30

P/E Ratio = Price / Earning per share

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P/E Ratio = $11.43

7 0
3 years ago
If a car dealer in the United States imports a $50,000 BMW from Germany, the 2.5 percent tariff or $1,250 that the dealer must p
tatiyna

Answer:

Ad valorem tariff

Explanation:

Ad valorem tax is defined as, any tax  based on the money related estimation of the burdened thing. Truly the term signifies "as per esteem." Traditionally, most traditions and extracts had "explicit" rates; the assessment base was characterized regarding physical units, for example, gallons, pounds, or individual things.

For example taxes on goads and service,VAT on the final product and service.

8 0
4 years ago
In interenational trade what is “most favored status”
lora16 [44]

I have the most favored status in international trade ))

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3 years ago
In a general claim for damages, which of the following would not be incidental damages:
Papessa [141]

Answer and Explanation:

b) Expenses incurred in inspecting non-conforming goods.

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