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3 years ago

What are new guidelines issued by GAAP for consolidating entities

1 answer:

6 0

Consolidation Rules Under GAAP

The general rule requires consolidation of financial statements when one company’s ownership interest in a business provides it with A MAJORITY OF the voting power- meaning it controls more then 50% of the voting shares

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Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam

Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0

3 years ago

In thinking about the Motivating Potential Score (MPS), if jobs score high on motivating potential, the model predicts that moti

RideAnS [48]

Answer:

Absence and turnover

Explanation:

In thinking about the Motivating Potential Score (MPS), if jobs score high on motivating potential, the model predicts that motivation, performance, and satisfaction will improve, while __turnover_ and ___Absence _____ will be reduced. This means that When the five core characteristics of a job is on the high side, it will lead to or generate three psychological states,often leading to positive index of work outcomes, such as high motivation, high satisfaction of work, high quality work performance With low Turnover and Absence. Also it is found that

Motivation theories for the MPS score can be culturally sensitive and it is necessary for owners of companies to be aware and sensitive to national differences.

8 0

3 years ago

Suppose that the spot price of the US dollar is 1 ($/Canadian dollar) and the one-year forward rate is 1.2 ($/Canadian dollar),

natima [27]

Answer:

6 percent.

Explanation:

To solve this question, we will take help of the Fisher equation,

Therefore,

(Spot rate/Forward rate) = (interest rate in US/Interest rate in Canada),

(1/1.2) = (0.05/x), Now solving for 'x'.

There fore,

x = (1.2 * 0.05) / 1

x = 0.06.

Hope this clear things up

Thankyou.

7 0

3 years ago

GAAP stresses the importance of obtaining consent when collecting, using, and sharing informaton about customers. if a company's

Sophie [7]

Answer:

Explicit consent.

Explanation:

Explicit consent then means that the data subject must give an express statement of consent, for instance in a written statement.

4 0

3 years ago

BEG-5 Andrew and Emma Garfield invested $8,000 in a savings account paying 5% annual interest when their daughter, Angela, was b

ludmilkaskok [199]

Answer:

$47,385.34

Explanation:

In this question, we use the future value formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $8,000

Rate of interest = 5%

NPER = 18 years

PMT = $1,000

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the answer would be $47,385.34

3 0

3 years ago