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Ahat [919]
3 years ago
5

The conceptual framework that the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (

ASB) are attempting to converge and enhance includes the following broad areas to guide standard setting except:_________.
A) Qualitative characteristics
B) Objectives Elements
C) Recognition and measurement
D) Uniformity
Business
1 answer:
Leokris [45]3 years ago
7 0

Answer:

D) Uniformity

Explanation:

The purpose of the conceptual framework is to assist the International Accounting Standards Boards and account preparers in having a better understanding of the International Financial Reporting Accounting Standards, knowing the right accounting policy to take where there is no clear standard, as well as developing and revising standards.

Issues meant to be addressed by this framework include recognition and derecognition, measurement, qualitative characteristics of important financial information, the objective of financial reporting, financial statements and the reporting entity, understanding of capital and capital maintenance as well as presentation and closure.

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The idea that investors today compare the returns on bonds with differing times to maturity to see which is expected to give the
Zielflug [23.3K]

Answer:

expectations theory

Explanation:

Expectations theory is defined as the prediction of what short-term interest rates will amount to in future based on the current long-term interest rates on an investment.

The theory suggests or states that "an investor will earn the same amount of interest by investing in two consecutive one-year bond investments that in one two-year bond investment".

Simply put, the theory say that one can invest twice in a one year bond and still make the same interest rate as investing once in a two-year bond.

This theory helps investors to make profits faster and even higher through multiple investments on bonds.

Cheers.

8 0
2 years ago
At McDonald’s all new franchise owners and managers attend Hamburger University. During this two-week period, they are exposed t
Tanya [424]

Answer:

The correct answer is variable.

Explanation:

Socialization is the process by which a culture, society or organization conditions the behavior of its members, and speaking in the organizational field is the process by which people gradually acquire aspects of attitude, behavior and values that are understood and accepted. For the new employee.

6 0
3 years ago
Complete the following statements using either "debit" or "credit":
Gekata [30.6K]

Answer:

a Debit

b Credit

c Debit

d Credit

e Credit

f Credit

g Debit

h Debit

i Debit

Explanation:

The rules are that increase in assets such as cash account ,delivery equipment,accounts receivable are debited while the reverse is done for reduction in assets.

The increase in liability accounts and revenue such as accounts payable and revenue account delivery fees are normally credited while the reverse applies to decrease in liabilities.

The increase in expense is normally debited while the reduction in expense is a credit.

The increase in capital account is a credit

4 0
3 years ago
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
kherson [118]

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

4 0
3 years ago
which government website lists walt disney, bing crosby and charles lindbergh as former employees? irs nasa cia usps
nataly862011 [7]

The government website in which it is listed that the aforementioned names were employees is the <u>USPS</u>.

The United States Postal Service:

  • Employed Walt Disney as a postal carrier in 1918
  • Employed Bing Crosby as a post office counter
  • Employed Charles Lindbergh as an airmail pilot

The USPS website can therefore confidently claim that at some point or the other, all three names mentioned above used to work for them.

In conclusion, the correct answer is the USPS.

<em>Find out more about the </em><em>USPS </em><em>at brainly.com/question/910319. </em>

4 0
2 years ago
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