This assertion is true. In addition, the SEC has the remaining accountability to make certain that the FASB deals with troubles referred to it by the SEC.
The cooperative effort between the public and personal sectors has given the United States the first-rate economic reporting gadget in the world, and the Commission is intent on making it even better.
<h3 /><h3>Who does the SEC document to?</h3>
19 The SEC is guilty to Congress as it operates beneath the authority of federal legal guidelines inclusive of the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley Act), amongst others.
Learn more about SEC here:
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brainly.com/question/3798508</h3><h3 /><h3>#SPJ4</h3>
Answer:
1. Estimate Product XT's break-even point in terms of sales units and sale dollars.
break even point = $193,200 / ($210 - $168) = 4,600 package (each containing 100 yards)
break even point in $ = 4,600 x $210 = $966,000
2) attached graph
3) Income Statement
Revenue $966,000
Variable costs <u>($772,800)</u>
Contribution margin $193,200
Fixed expenses <u>($193,200)</u>
Operating income $0
Answer:
Risk: Too many workers wanting more money
Outcome: Less workers, anger, satisfaction in business growth
C: Yes, Damage on revenue side, too much work for happy workers, need to pay more money to workers
D: Give offer and more benefit to workers, pay them occasional breaks
Explanation:
Answer:
A) the underapplied overhead is $1,000
Explanation:
The computation of the under applied or over applied is as follows;
Actual Overhead $38000
Overhead e Applied (18,500 × $2) $37,000
Underapplied $1,000
Since the actual overhead is more than the overhead applied so it would be underapplied overhead
hence, the underapplied overhead is $1,000
The same is to be considered
Answer:
Limited liability
Explanation:
<em>Limited liability</em><em> is a concept that states that in the event of loss or financial insolvency of a business the maximum amount to be lost by the owners would be restricted or limited only to the amount that they have invested in the business.</em>
<em>This concepts illustrates the fact that the business is a separate legal entity which is different from its owners.</em> <em>And therefore the assets and liabilities of the business are different form those of its owners.</em>
The concept is common with businesses which operate under the form of either <em>limited partnership or limited liability companies</em> (either private or public)
This is most likely because the brothers have a Limited liability