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3 years ago

What is a purpose of having a conceptual framework?

Business

1 answer:

Alenkinab [10]3 years ago

8 0

Answer:

A) To enable the profession to more quickly solve emerging practical problems and to provide a foundation from which to build more useful standards.

Explanation:

A conceptual framework refers to a system of ideas and objectives that generate a consistent set of rules and standards. All CPAs work following accounting standards, e.g. US GAAP or IFRS. Without a conceptual framework, it would have been impossible to develop standard norms that apply to every accounting professional and that are used and required by all the companies, the markets and government regulators.

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In ________ cultures, economic systems tend to provide incentives and rewards for a person's private business initiatives.

yarga [219]

In individualist cultures, economic systems tend to provide incentives and rewards for a person's private business initiatives.

economic incentives in private business

Monetary structures in individualist societies frequently offer incentives and rewards for an individual's private running of a business. Economic incentives are motivations to do particular things. They urge people to go after their financial goals. Money is a financial incentive to start a business or look for employment. Improvement can be encouraged by the number of tax breaks, grants, and Economic incentives. Incentives are exemptions, credits, deductions, or exclusions that lower a company's burden to the state or federal government in exchange for taking specific actions.
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2 years ago

Which is an example of a withholding you might see on your paystub.

zvonat [6]

The choice b is the answer

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3 years ago

The Federal Reserve Board foresees the probability of an overheated economy and the resumption of double-digit inflation. Theref

boyakko [2]

Answer: B. I, II, III and IV

Explanation:

From the question, we are informed that The Federal Reserve Board foresees the probability of an overheated economy and the resumption of double-digit inflation and that the FRB takes actions to slow down the economy, including increasing the discount rate.

The effect of this is that there will be a rise in prime rate, a rise in the bond yields and an accompanying decrease in bond prices, a slowdown in corporate growth and also reduction in corporate earnings. Therefore, option B is the right answer.

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3 years ago

Indicate whether it would appear on the statement of cash flows as a(n)? operating activity, investing activity, or financing ac

nikitadnepr [17]

Indicate whether it would appear on the statement of cash flows as operating activities.

There are three types of cash flow: operating cash flow, investment cash flow, and financial cash flow. Operating cash flow is generated from the company's normal operating activities. This includes cash proceeds from sales, cash outlays on goods sold (COGS), and other operating expenses such as overheads and salaries.

Investing cash flows include amounts spent to purchase securities intended to be held as investments, such as securities. B. Stocks or bonds of other companies or the Treasury. Inflows are generated by interest and dividends paid on these holdings.

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2 years ago

1. Mrs. Ryan plants 3 flowers along 4 inches of a garden row. The garden row is 3 feet long.

finlep [7]

Question 1. if 3 flowers = 4 inches, and she has a 3 foot long row to plant flowers, then we need to see how many inches the row is.

1 foot = 12 inches

12 inches x 3 = 36 inches, or 3 feet.

Now we need to divide.

36 divided by 4 = 9.

So now we know that Mrs. Ryan can plant x amount of flowers 9 times. This makes the answer easier to find.

To find the answer, we need to simply multiply 3 and 9.

3 x 9 = 27.

Your answer would be Mrs. Ryan planted 27 flowers.

Question 2. this is simple. Just multiply 5 and 3.

5 x 3 = 15.

Your answer would be Mrs. murphy bought 15 feet of fabric.

Question 3. This is simple...Just multiply 4.3 x 100, or move the decimal over to the right twice and put a 0 where theres an empty space.

4.3 x 100 = 430

Your answer is the line is 430 centimeters wide.

Question 4. This is simple, just multiply 2.9 x 100 or move the decimal over to the right twice and put a 0 where there's an empty space.

2.9 x 100 = 290

Your answer is The book is 290 milliliters wide.

Question 5. This is also very simple. This time we add a decimal twice to the left. Put the decimal next to the 0 in 210.

210.

21.0

2.10

Your answer would be the bookshelf is 2.1 meters tall.

Question 6. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

Your answer would be c, 33.02 cm.

Question 7. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

Your answer would be c, 33.02 cm.

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3 years ago