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3 years ago

What would be the most useful source of current information about changes in laws or regulations applicable to accounting?

Business

1 answer:

snow_tiger [21]3 years ago

7 0

Answer:

D. Board of Accounting

Explanation:

Accounting bodies are national or international organizations whose mandate is to set accounting standards in the country. They help implement and enforces the Generally Accounting Accepted principles in the counties.

The Financial Accounting Standards Board(FABS) is the body responsible for developing and implementing the Generally Accounting Accepted standards In the US. It oversees the application of GAAP in public and private companies and profit and non-profit organizations. FABS sets and updates accounting and financial reporting rules in the country. Any changes in the law are done in consulting with this body. FABS will, therefore, have updated regulations regarding accounting practice in the country.

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____ is a short-term debt instrument issued only by well-known, creditworthy firms and is normally issued to provide liquidity o

monitta

Answer:

Commercial Paper.

Explanation:

A commercial Paper is an unsecured and negotiable money market instrument issued in the form of a promissory note. Are issued by companies to raise short term funds for meeting working capital requirements.

Benefits to the issuer:

-low interest expenses

-access to short term funding

-flexibility and liquidity

-investor recognition

-ease and low cost of establishment

-no collaterals

Benefits to the investor:

-higher yield

-portfolio diversification

-flexibility

-liquidity

4 0

3 years ago

A corporation is a type of partnership that?

NeTakaya

That has share holders and a board of directors.

3 0

3 years ago

Question 1 of 10

Montano1993 [528]

Answer:

it's most likely B or D. but you need to double check

3 0

2 years ago

Hawaiian food would be an example of what type of cuisine?

iragen [17]

Nouvelle cuisine

Hope it helps

Pls mark as brainlist

8 0

3 years ago

The value of Surnum's, a developing economy, currency is fixed relative to the U.S. dollar. The exchange rate between the Surnum

Verizon [17]

Answer:

Surnum's exchange rate is pegged.

Explanation:

Exchange rate is the rate at which a countrie's currency is exchanged for another. Usually when there is more demand for a countrie's currency it will have more value than other currencies and vice versa.

There are two ways a countrie's currency rate can be controlled in relation to others.

First is by market forces of demand and supply.

Secondly is by pegging the countrie's currency against another and using reserves of the other currency to account for market fluctuations.

In this instance Surnum has pegged it's currency against the dollar, so it will use its dollar reserves to account for fluctuations in order to maintain the pegged exchange rate.

4 0

3 years ago