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ICE Princess25 [194]
3 years ago
13

The Financial Accounting Standards Board has the authority to develop generally accepted accounting principles. Choose the optio

n below that contains the steps used by the FASB in developing GAAP.
a. steps include: publishing a notice in the newspaper, seeking public opinion, and issuing a statement of principle.
b. steps include: issuing a discussion memorandum, filing a legal draft, and notifying the SEC.
c. steps include: filing a complaint with the SEC, issuing an internal report, and issuing a statement of principle.
d. steps include: issuing a discussion memorandum, issuing an exposure draft, and issuing a statement of principle.
Business
1 answer:
olga2289 [7]3 years ago
4 0

Answer:

d.

Explanation:

Based on the information provided within the question it can be said that the correct steps that are used by the FASB in developing GAAP (generally accepted accounting principles) would be the following: issuing a discussion memorandum, issuing an exposure draft, and issuing a statement of principle. This collection of accounting rules was then adopted by the U.S. Securities and Exchange Commission.

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A. certificate of savings
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Fin has been a new manager for a couple of weeks. over time, he realizes his team likes to socialize during meetings, which tend
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Answer:

create a relevant agenda for every meeting and stay on point by re-directing non-work related topics back to agenda items.

Explanation:

Fin is the manager, he might be new at the job but it is his responsibility to direct and control his subordinates. Managing isn't easy and maybe some of his staff will not like him directing and controlling what is said during the meetings, but it is his job. If he is not fit to do it, then he should have chosen another job or another career.

Every career and job has its own level of difficulty and things getting tough or difficult is no excuse. Just like a firefighter rushes into a burning house because it is his/her job, controlling the meeting is Fin's job.

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3 years ago
A best-seller novel sells for $28 in hardback edition and $12 in a paperback edition. a book store's sales of both editions tota
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The number of each type of book is what is unknown, so we can represent those quantities with variables. Let x = the number of hardbacks and y = the number of paperbacks. Then we know that: x + y = 65 (the total number of books sold) We also know the total cost of both editions, which is $1356. It can be written algebraically as: 28x + 12y = 1356 We now have a system of two equations, which can be solved by substitution. It would be easier to solve the first equation for either x or y and substitute that into the second equation. 
6 0
3 years ago
Alain mire files a single tax return and has adjusted gross income of $304,000. his net investment income is $53,000. what is th
scoray [572]

Answer:

$2,014

Explanation:

Alain's net investment income tax is the lesser of 1) his net investment income ($53,000) or 2) his modified adjusted gross income less the threshold of $200,000 .

Therefore

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($53,000 × 3.8% )= $2,014

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4 0
3 years ago
Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend
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Answer:

individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.

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A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

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