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Whitepunk [10]
2 years ago
9

What the difference between international accounting and domestic accounting

Business
1 answer:
Umnica [9.8K]2 years ago
3 0

Explanation:

International accounting (IAS) includes accounting standards and concepts of various countries. MNC's which operates in various countries need to follow the local accounting procedure and then need to compile the data so the overall performance of the company, can be determined. This also involves different currencies making the work difficult.

Domestic accounting (DAS) - every country have their own accounting standards and methods which must be followed while preparing books of accounts and are called domestic accounting. It is followed by companies which deal in only domestic business. Domestic accounting is done in home currency and is easier than international accounting.

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Inflation in the developing country of terbia has been rising over the last few years and is currently at a very high level. two
gtnhenbr [62]

Answer:

C) The central bank has been increasing the target interest rate at regular intervals and it is now at its highest level in eight years.

Explanation:

Since the central bank has been increasing the interest rates in Terbia, this means that it has been engaging in a contractionary monetary policy. In other words, the central bank has been decreasing the money supply in Terbia. If the money supply has been decreasing constantly during the last 8 years, then the high inflation rate cannot be caused by an increase in the money supply.

5 0
3 years ago
why is it important to establish a baseline when measuring social media success. group of answer choices it's important to know
Kazeer [188]

When evaluating the success of a social media campaign, a baseline must be established. To assess growth, you must be aware of your beginning point.

A social media campaign is a planned marketing initiative that uses social media platforms to raise consumer awareness, interest, and loyalty toward a company, brand, product, or service. Strategic planning, audience targeting, and measurable results are all part of social media marketing initiatives. You can utilize a variety of marketing campaigns to meet different marketing objectives inside your company, including the following: campaign using traditional media. seasonal marketing blitz. campaign to launch a product. An overview of everything you want to do and want to accomplish on social media is a social media marketing strategy. It directs your behaviour and informs you of your success or failure. Your plan will work better if it is more detailed.

Learn more about social media campaign here

brainly.com/question/14743453

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3 0
1 year ago
Stanley Corporation manufactures an electronic switch for dishwashers. The cost base per unit, excluding selling and administrat
sammy [17]

Answer:

So markup percentage will be 8 % on total unit cost

Explanation:

We have given that cost base per unit including selling and  administrative expenses is $60

per unit cost of selling and and administrative expenses is $15

The company desired ROI per unit is $6

We have to calculate the markup percentage on total unit cost

Markup percentage on total unit cost is given by '

markup percentage = \frac{desired\ ROI}{cost\ base\ per\ unit+ The \ per\  unit \ cost \ of \ selling \ and \ administrative\  expense}=\frac{6}{60+15}=0.08=8%  

So markup percentage will be 8 % on total unit cost

3 0
3 years ago
Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
mr_godi [17]
<span>A great reason to revise her monthly budget is that Christine can adjust her planning to meet her specific goals. While sticking to long term goals may be a good idea for some, if that is not possible adjusting your budget is a good way to keep track of income and expenses and to make sure that you do not spend more than you should.</span>
4 0
3 years ago
Read 2 more answers
Suppose american winemakers convince the federal government to issue a directive to serve only domestically produced wine at gov
Sever21 [200]

Answer:

B) rent seeking behavior

Explanation:

Rent seeking behavior refers to actions carried out by businesses that try to seek benefits through government policies. In other words, the businesses will try to make the government give them some type of special treatment or special benefit at the expense of the general population.

In this case, the American winemakers were able to convince government officials to only serve domestic wine at government events. The problem is that the general population (taxpayers) are the ones that pay for that wine. American winemakers will benefit at the expense of the taxpayers.

4 0
3 years ago
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