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
Reil [10]
3 years ago
15

As a warm-up, here's a question that won't affect your score. We recommend you take this test in a quiet place free from distrac

tions. The timer shows the time remaining for each question. The assessment will begin when you hit "Continue."Generally Accepted Accounting Principles (GAAP) are a) commonly agreed-upon professional accounting standards in the United States b) legally binding rules created by the Internal Revenue Service c) standards required only for large companies with over $100M in revenue
Business
1 answer:
sveta [45]3 years ago
8 0

Answer:

a) commonly agreed-upon professional accounting standards in the United States

Explanation:

According to the Generally Accepted Accounting Principles (GAAP) it consist of accounting principles, rules, procedures that are followed companies to companies so that there financial statements considered to be valid.

Here, in the given question the option A is correct as it is agreed for the professional accounting standard that shows the Generally Accepted Accounting Principles (GAAP)

Hence, the correct option is A.

You might be interested in
What is say's law in economics
Radda [10]

Answer:

Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.

6 0
3 years ago
A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true? The manufacturer has
astra-53 [7]

Question:

A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true?

A. The manufacturer has effectively used vertical integration to increase its bargaining position and reduce transaction costs.

B. The manufacturer has enhanced utilisation by allowing depreciation and other fixed costs to be spread over a larger unit volume.

C. The manufacturer has sacrificed quality by using a lower-cost input.

D. The manufacturer has efficiently capitalised on the experience and learning-curve effects within the company.

E. The manufacturer has effectively reduced its operating costs by outsourcing its activities.

Answer:

A. the Manufacturer has effectively used vertical integration to increase it's bargaining position and reduce transaction costs.

Explanation:

Vertical integration is a business strategy whereby a business acquires ownership or controls its suppliers, distributors, or retail locations to control its value or supply chain.

It may also be said that vertical integration has to do with the purchase of a part of all of the production or sales process that was previously outsourced, to have it done in-house.

An example of companies who have done this are:

1. Apple

2. Netflix

3. Comcast (Which acquired NBC)

Businesses can integrate by

  • purchasing their suppliers to reduce the costs of manufacturing or
  • controlling the distribution process that is, owning and controlling the warehousing and delivery of their products etc.

6 0
3 years ago
Read 2 more answers
PLEASE GIVE ME AN EXPLANATION ON HOW TO DO THIS OR DO IT FOR ME I REALLY NEED THIS SO I CAN PASS
CaHeK987 [17]

Answer:

hii can we be friends

अनुपात के लिए प्रतिशत कैसे प्राप्त करें

अनुपात अक्सर एम: एन या एम / एन के रूप में व्यक्त किए जाते हैं। अनुपात को प्रतिशत के रूप में परिवर्तित करने के लिए, केवल m को n से विभाजित करें और फिर परिणाम को 100 से गुणा करें।

अनुपात को प्रतिशत में बदलने के लिए कदम

रूपांतरण में तीन सरल चरण होते हैं:

चरण 1: पहली संख्या को दूसरी संख्या से विभाजित करें

चरण 2: प्रतिशत में बदलने के लिए 100 से गुणा करें

चरण 3: प्रतिशत प्रतीक जोड़ें (%)

उदाहरण के लिए , यदि अनुपात 12: 4 है, तो इसे प्रपत्र 12/4 में बदल दें, जो एक समीकरण है जिसे हम हल कर सकते हैं। उसके बाद, प्रतिशत प्राप्त करने के लिए परिणाम को 100 से गुणा करें।

<h2>12 3 4 = 3 </h2>

<h2>3 × 100 = 300%</h2>

अनुपात के लिए प्रतिशत को हल करने के लिए समीकरण

5 0
3 years ago
Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in this preferred stock have a
umka2103 [35]

Answer: $75

Explanation:

Using the Gordon Growth Model:

Price of stock = Next year dividend / (Required return - growth rate)

Growth rate is 0% as dividend does not change per year.

Price of stock = 6 / 8%

= $75

7 0
3 years ago
Under a perpetual inventory system, when a shortage is discovered a.Merchandise Inventory is debitedb.Cost of Merchandise Sold i
eduard

Answer: d. Merchandise Inventory is credited

Explanation: merchandise Inventory is a current asset showing the cost of goods on hand and available for sale at any given moment in time and is continuously updated to reflect items on hand under the perpetual inventory system. Under the perpetual inventory system, the Merchandise Inventory account is debited and credited for each purchase and sale respectively. This effectively shows the current balance in the account at all time. However, during shortages, the Merchandise Inventory is credited.

5 0
3 years ago
Other questions:
  • The NASDAQ is an example of what type of stock exchange?
    11·1 answer
  • Shelly is looking at the life insurance policies listed in the table below. Which insurance company provides the most coverage p
    7·1 answer
  • It is generally safe to provide your Social Security Number to:
    10·2 answers
  • To avoid libel charges, a journalist who is writing about a local government scandal should 
    15·2 answers
  • If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermed
    11·1 answer
  • Problems with (or leakages from) the money creation process would include an increase in the reserve requirement. unwillingness
    10·1 answer
  • Troy filed a good faith complaint of discriminatory harassment against his supervisor, Cynthia. One day after receiving notice o
    12·1 answer
  • A company purchased a van at a cost of $42,000 and expects it can be sold for $6,000 after 120,000 miles of service. Assuming th
    12·1 answer
  • Nature of Transactions Kristoff Walker operates his own catering service. Summary financial data for February are presented in e
    14·1 answer
  • 10. Which of the following scenarios would best exemplify Adam Smith's view of best serving the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!