Answer: b. Yes; No
Explanation:
The Government Accounting Standards Board (GASB) is simply a non-governmental organization which is private that helps in the creation of accounting reporting standards, for both states in the United States and the local governments.
Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.
Answer:
The correct answer is (D) it has appreciated in terms of other currencies.
Explanation:
Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.
The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.
Answer:
Option D All of the above statements are correct.
Explanation:
The solution of the issue is software integration and making flow of information on timely basis across the company. The recommended solutions given in the question are correct because:
- Establishing a lockbox arrangement is similar to having a single company bank account. This means that the company will have a confirmation from the bank that the payment is received by the bank from customers.
- The remittance advice sent with payment helps to solve the misunderstanding, assist in recording transaction to keep the system updated and provides resistance to fraudulent practice.
- The mailroom personnel who require mailing of trade receivable balance which the customers owe to company and trade payable balance which the company owes to suppliers. This avoids the company paying illegitimate amounts and receiving the amounts which the customers actually should pay to the company.
So all of the statements are correct.
Answer:
B)The U.S.'s production possibilities curve to shift outward faster than Nepal's
Explanation:
The production possibilities curve can be regarded as a graph which display
various combinations of output which can be gotten base on current resources and technology. It gives illustration about scarcity and tradeoffs. In the scenerio described in the question,The U.S.'s production possibilities curve to shift outward faster than Nepal's
Answer:
<u>Environmental forces.</u>
Explanation:
Environmental forces refer to the entire macroenvironment in which the company is inserted, so they are forces that the organization cannot control, so in order to survive in the market, the company must adapt and monitor environmental forces.
The political, legislative, economic, social, competitive and technological forces, which are the forces that make up the company's macroenvironment, are extremely changeable, so the importance of being constantly monitored, as they may include relevant challenges for the company, such as entry new competitors in the market, legislative and other changes.
But they can also set great growth opportunities, and improve decision-making based on available information from environmental forces.
