1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
n200080 [17]
3 years ago
5

According to the Full Disclosure Principle, all thins that can materially affect the financial status of the firm must be disclo

sed somewhere in the financial statements.
True / False.
Business
1 answer:
Olenka [21]3 years ago
8 0

Answer: True

Explanation: The full disclosure principal states that any material information, that can affect the judgement of a rational investor or other stakeholder, must be stated in the financial statement.

These disclosures can be made on press releases, supplementary reports and other such communications etc.

Hence, from the above we can conclude that the given statement is true.

You might be interested in
In a matrix organization, each employee reports to a functional and a(n) __________ manager.
Fofino [41]
The answer is project. <span>In a matrix organization, each employee reports to a functional and a(n) project manager. you can look it up on quizlet.</span>
7 0
3 years ago
Assess how entrepreneurship may be a viable option to counteract unemployment​
makkiz [27]

Answer:

As we've lightly touched on already, entrepreneurial enterprises provide citizens with paying jobs in order to operate and grow. They also provide employees with the means to further grow one's own earning potential through training and on-the-job experience.

3 0
3 years ago
Andy just purchased a 2.5 acre vacant lot of land for $500,000. What was the price per square yard?
julsineya [31]

Andy just purchased a 2.5 acre vacant lot of land for $500,000. $41.32 per sq. yd price per square yard.

$500,000 ÷ 12,100 sq. yds. = $41.32 per sq. yd

What is square yard?

  • The length times the width, expressed in feet, must be multiplied by 9, and the result is the square yard (SQYDS). A square yard measures 9 square feet.
  • One billion is referred to as "yard" in finance. The word is derived from "milliard," which is comparable to the number one billion in American English and is used in various European languages.
  • Add the area to the conversion factor to convert a square yard measurement to a square foot measurement. The square yards multiplied by nine gives the area in square feet.
  • Add the length to the conversion factor to convert a yard measurement to a meter measurement. The yards times 0.9144 converts to the length in meters.

To learn more about square yard visit:

brainly.com/question/13434616

#SPJ4

7 0
1 year ago
Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million cash, representing 40% (at bo
vazorg [7]

Answer:

B. The amount of equity reported by Frankfort Corporation is $672,000

Explanation:

Equity earnings

= Frankfort's share in net income of Bradley

= 1,680,000 * 40%

= 672,000

Option B

Please comment if you face any issues****************

7 0
3 years ago
A reason for government involvement in a market economy is:
larisa [96]

Answer:

d. All of these answers are correct.

Explanation:

A market economy is where production decisions are made by the forces of demand and supply. Means of production are privately owned .

The government intervenes in a market economy for all the above stated reasons.

I hope my answer helps you.

5 0
3 years ago
Other questions:
  • When Honda, a Japanese auto maker, built a factory in Ohio,
    11·1 answer
  • A change in which of the following will NOT shift the demand curve for hamburgers? the price of hot dogs the price of hamburgers
    11·1 answer
  • what is the government-regulated distribution of a good that is in low supply. A. Surplus B. Shortage C. Rationing D. Price floo
    8·2 answers
  • Plymouth Corp. sells units for $100 each. Variable costs are $75 per unit, and fixed costs are $200,000. If Plymouth leases a ne
    10·1 answer
  • You are one of five risk-neutral bidders participating in an independent private values auction. Each bidder perceives that all
    5·1 answer
  • On January 2, Cohan Company acquired 37% of the outstanding stock of Sanger Company for $715,500. For the year ended December 31
    7·1 answer
  • Which of the following is true of both paying with a check and paying with a debit card? A)Both are accepted by most people and
    15·2 answers
  • ABOUT Stephen hawking ​
    11·2 answers
  • Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 500 million ye
    14·1 answer
  • two friends, alex and sam, go shopping. alex is thinking of purchasing a new shirt for $5 that has a "made in indonesia" tag on
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!