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olga55 [171]
3 years ago
13

According to the FASB conceptual framework, the rele-vance of providing information in financial statements is subject to the co

nstraint of:
a. Comparability.

b. Cost-benefit.

c. Reliability.

d. Faithful representation.
Business
1 answer:
Liula [17]3 years ago
6 0

Answer:

B. Cost-Benefit

Explanation:

According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information

Once, the cost of such information outweighs the benefits of its disclosure then FASB framework terms it as not relevant.

Cost of Information

Financial reporting through the preparation of financial statements has a cost, these costs include provision, preparation as well as the audit of the information provided. The cost-benefit constraint basically intends to ensure that financial statements are most-effectively and most-efficiently prepared.

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____ is a referral service that employees can use to seek professional treatment for emotional problems or substance abuse.
Ipatiy [6.2K]

Answer:

Employee assistant programs

Explanation:

An employee assistant prgram is a program organized by organizations to assist their employees' personal problems which are hindering their performance in work-place.

EAP's tend to assist those employees that suffer from alcohol abuse, emotional abuse, substance abuse, etc. EAP's is a short-term counselling or follow-up sessions provided  to employees facing above-mentioned abuses.

Therefore, the correct answer is employee assistant programs.

7 0
3 years ago
What is the purpose of a cover letter?
wel
I think the correct answer from the choices listed above is option II. The purpose of a cover letter would be to <span>add more detailed information about experiences and skills that cannot be found in your curriculum vitae. Hope this answers the question.</span>
6 0
3 years ago
Read 2 more answers
An​ on-line ticket site was recently offering tickets for a soccer match between Manchester United and Fulham at a price of poun
dusya [7]

Answer:

The tickets cost $208.74

Explanation:

The exchange rate is an indirect quotation from the dollar's perspective if dollar is considered to be the domestic currency.

We know that $1 =  0.618 pound

If the price of the ticked is 129 pounds, to convert it to dollars, we need to divide the pound amount by the exchange rate of dollar to pound.

Thus, 129 pounds in dollar are,

129 / 0.618 = $208.7378 rounded off to $208.74

3 0
3 years ago
The cincinnati history museum displays materials and related aspects of the history of cincinnati and the surrounding region. th
Darina [25.2K]
Cincinnati museum center is a center home for Cincinnati history museum and the museum of natural history and science. its located in Cincinnati, Ohio united states. The museum was opened in 1990 at the Cincinnati museum center at the union terminal.  However,the lack of financial objective makes it difficult for the Cincinnati museum center to prioritize its objectives and  evaluate its performance.
3 0
4 years ago
Selling, general, and administrative expenses were $59,000; net sales were $268,100; interest expense was $6,300; research and d
ozzi

Answer:

$35,800

Explanation:

Gross Profit = Net sales - Cost of goods sold

                   = $268,100 - $145,500

                   = $122,600

Total Operating Expense:

= S, G & A Expenses + R&D expense

= $59,000 + $27,800

= $86,800

Operating Income = Gross Profit - Total Operating Expense

                               = $122,600 - $86,800

                               = $35,800

7 0
3 years ago
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