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dmitriy555 [2]
3 years ago
13

HELPPPPPPPPPPPPPPPPPPPPPPP

Business
1 answer:
Rashid [163]3 years ago
3 0
Answer 2 is the best choice
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Which of the following types of pronouncements are intended to establish the objectives and concepts that the FASB will use in d
mezya [45]

Answer:

The correct answer is option A) Statement of Concepts

Explanation:

The Financial Accounting and Standard Board (FASB) pronouncements intended to establish the objectives and concepts that the FASB will use in developing standards of financial accounting and reporting is Statement of Concepts.

Statement of Concepts is intended to serve the general interest of the public by setting the objectives, characteristics, specific qualities, and other parameters that guide selection of economic concepts that will be recognized and reflected in financial statements for financial reporting.

Statement of concepts guide the FASB in developing well researched and informed accounting principles that reflects the contents and inherent limitations that will be used in developing standards of financial accounting and reporting.

7 0
4 years ago
If markets are efficient, what should be the correlation coefficient between stock returns for two nonoverlapping time periods?
S_A_V [24]

Answer: Zero

Explanation:

The Correlation Coefficient measures the relationship between 2 variables under study and ranges from -1 to +1 which -1 meaning that the two are perfectly negatively correlated and +1 meaning they are perfectly positively correlation. A Correlation Coefficient of 0 means that there is no relationship.

An efficient market is one where all information is available to every market participant. This means that one cannot use information from one period to make abnormal profits in another period because all information is available. The Correlation Coefficient will therefore show 0 because information from the previous period is not being used in another period meaning there is no relationship between stock returns.

7 0
3 years ago
The monthly bank statement has to be compared with the:
BlackZzzverrR [31]
Checkbook
computer software

4 0
3 years ago
The Smith family lives in Scranton, PA. Mr. Smith work in a factory producing widgets that are used and bought by automobile man
allochka39001 [22]
I’m not going to text him but I told my mom friend and I saw that her and she said she saw her coming home to get
8 0
3 years ago
Rick eats only french fries and burgers at his office cafeteria. His weekly lunch budget is $48. Each burger costs $6 and each o
Artist 52 [7]

Answer: 32

Explanation:

Since each burger cost $6

2 burgers = 6×2 = $12

Each fries cost $3

4 fries = 4×3

= $12

Total cost of his orders = 12+12 =$24

Since is weekly budget is $48

Hence,

48-32 = 8

Since he has 8 utility left. He only has a total order of $ 32

4 0
4 years ago
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