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vovangra [49]
3 years ago
14

The financial statement reporting "filter" is: SEC reporting regulations that vary from GAAP for publicly traded companies. mana

gement's distortion of accounting data. management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.
Business
1 answer:
n200080 [17]3 years ago
4 0

Answer:

management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.

Explanation:

Base on the scenario been described in the question, we can say that management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.

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A delayed entry into a market with a new technology is preferred when:
3241004551 [841]
A delayed entry into a market with a new technology is preferred when: customer preferences are unknown.
<span>Evaluating </span>new<span> technologies to purchase and implement is very important. 
</span>In a situation in which the preferences and needs of the customers are unknown, the new technologies should be later implemented after a customer research is made and information is obtained.
3 0
3 years ago
Jackson's boss, Samira, is excited about a new project management system she learned about at a weekend seminar, which purports
In-s [12.5K]

Answer: Initiating structure

Explanation:

Initiating structure is the scenario where a leader defines the happenings in a group, from roles to position and trainings all decided by the leader and to what the leader wants it to be like. Samira is excited about the project management system and wants same replicated in her team, she implementing this idea in her team for the teams growth is known as initiating structure.

6 0
3 years ago
The number of days' sales in receivables is determined by dividing a.average accounts receivable by average daily sales. b.avera
klasskru [66]

Answer:

d.

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.  It can be calculated as:

Average accounts receivable = \frac{Beginning accounts receivable + Ending accounts receivable}{2}

Accounts turnover ratio = \frac{Net credit sales}{Average accounts receivable}

No. of days of sales in receivables can be derived using the below mentioned formula:

No. of days of sales in receivables = \frac{Number of days in a year}{Accounts turnover ratio}

8 0
3 years ago
Barry's Sport Shop calls Champs Tee Shirt Company to order 200 designer tee shirts at $2 per shirt. The next day, Barry decides
lara31 [8.8K]

Answer: No.

Explanation: Based on the initial agreement made between Champs Tee shirt company and Barry's sport shop, which was the de sealed for the purchase of 200 shirts at a price of 100. Even though additional demand of 100 t-shirts was made, Champs decided to send 200. Barry will be unable to force Champs to send the additional 100 because the transaction was made and agreed on verbally without any written. or signed document which could be tendered as evidence when trying to force Champs to send the additional 100

8 0
3 years ago
During the current year, Ecru Corporation is liquidated and distributes its only asset, land, to Kena, the sole shareholder. On
statuscvo [17]

Answer:

c. Kena recognizes a gain of $30,000

Explanation:

cash  650,000 debit

  land 250,000 credit

  gain at disposal 350,000 credit

liabilities 500,000 debit

        cash        500,000 credit

Then, the company will close all account and leave kena account with a capital of 150,000 to mathc the remaining 150,000 cash

as her basis is 120,000 there will be a gain for 30,000

4 0
3 years ago
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