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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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Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose a

Alex Ar [27]

Answer: Jose has to pay $600.

Explanation:

Jose has to pay $600 to Jane for her inconvenience.

In Accordance with Coase theorem, when two conflicting parties exist, one has to ‘buy the right’ from the other party.

Which In this scenario or case, Jane has the ‘right to prevent Jose from having a dog’.

Thus, Jose has to pay compensation to Jane so that he can keep his dog and at the same time Jane is also compensated for the inconvenience which may arise later.

5 0

3 years ago

Read 2 more answers

In 2-5 paragraphs, describe how you plan to use at least one technology you learned about in the course in order to work more ef

Wewaii [24]

I will use one the technology to boast my work output so that i can be more efficient in my business dealings and boast productivity.

<h3>What is the role of technology?</h3>

The use of technology is one that has helped a lot of business professionals to be more and more efficient in their work output.

Therefore, I will use one the technology to boast my work output so that i can be more efficient in my business dealings and boast productivity as it also helps to keep employee information safe.

Learn more about technology from

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5 0

2 years ago

Fishing Adventures rents small fishing boats to tourists for daylong fishing trips. Each boat can only carry 1500 pounds of peo

galben [10]

Answer:

Who want to rent a boat? 8 person

Explanation:

Carry 1500 pounds

Carry 200 pouns

Average 150 pound /person

Additional10 pounds/person

1500-200=150x +10x

1300=160x

x=1300÷160

x=8,12

8 person Aditional Gear

150 10

8 8

1200 80 200 1480

8 0

3 years ago

When Ned’s car breaks down, he asks Insta-Tow, Inc., to tow it to Jerry’s Repair Shop. There is no discussion of a price, and Ne

Illusion [34]

Answer:

The correct answer is b. an implied contract.

Explanation:

The theory of implicit contracts refers to the fact that the relationship between employers and workers is governed, in addition to the "explicit" legal contracts signed between the two, by a multitude of tacit commitments established during the understanding between the two parties. Implied contracts are unwritten agreements and informal rules that companies have with their workers, and that, in many cases, are justified in the commitment to wage stability. In this theory, companies set wages within a broad and long-term strategy or stability of the employment relationship.

7 0

4 years ago

g Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S

Marianna [84]

Answer:

Effect on income= $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

Effect on income= $2,500 increase

5 0

4 years ago