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sdas [7]
3 years ago
9

The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its

jurisdiction is the
Business
1 answer:
Gnesinka [82]3 years ago
8 0

Answer:

Security and Exchange Commission (SEC).

Explanation:

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its jurisdiction is the SEC.

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g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this inf
marysya [2.9K]

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

6 0
3 years ago
Which method of evaluating capital investment proposals uses present value concepts to compute the rate of return from the net c
Elena L [17]

Answer:

Internal rate of return

Explanation:

The internal rate of return is that return in which the net present value equivalent to zero

i.e.

Net present value = 0

That means

Initial investment = Present value of cash inflows after charging the discounting factor like 10% 12% etc

So as per the given situation, the internal rate of return is the correct answer

3 0
3 years ago
Which best describes how a recession develops as demand and production decrease
stellarik [79]

Answer:

The recession accelerates

Explanation:

Recession is an economic phase where economy is generally slow with low GDP and high inflation. In order to avoid recession it is important that market forces run and move on their own without government influence. If an economy is in recession, a decrease in demand and production will lead to more panic and shortage that will accelerate recession.

4 0
3 years ago
Read 2 more answers
Which of the following about cash equivalents is false?<br> A<br> B<br> C<br> D
Sonbull [250]
Can u take a screenshot of the whole question for me
6 0
3 years ago
Select the items that describe incentives.can be rewards or penaltiesinfluence future actionsencourage people to actcan be monet
EastWind [94]

The answer is:

high wages

good benefit package

safe work environment

Incentives is given by company to influence its employers to dedicate themselves to a certain task for the company.

The incentives could come in a form of monetary (related to money) , or non-monetary (other than money but still bring positive financial value to your life)

7 0
3 years ago
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