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2 years ago

What is the most common goal of a trade agreement?

Business

1 answer:

DochEvi [55]2 years ago

8 0

Answer:

For the United States, the main goal of trade agreements is to reduce barriers to U.S. exports, protect U.S. interests competing abroad, and enhance the rule of law in the FTA partner country or countries.

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Significant accounting policies may not be:

miskamm [114]

Answer: A) omitted from financial-statement disclosure

Explanation: significant accounting policies may not be omitted from financial statement disclosure because it allows, among many other benefits, for financial statements to be compared with other entities when they are clearly shown. It also helps prevents losses and the misuse of assets. It allows both present and potential investors to be able to study open accounting policies in order to make informed decisions and/or before investing in a business.

An “accounting disclosure” is a statement that outlines the financial policies of a firm, showing expenses and profits over a time period.

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3 years ago

Gina and Celine want to start a business together in the women's apparel and accessories industry. While Gina thinks that they s

Airida [17]

Answer:

The correct answer is letter "C": They can effectively leverage the national and local advertising programs sponsored by the franchiser.

Explanation:

A franchise is a business, in which a franchisee acquires access to the franchisor's proprietary knowledge, processes, and trademarks. The franchisee buys the right under an established brand name to sell a product or service. Consumers already know the brand, so no additional resources must be used to launch the product.

Thus, <em>Celine is correct by arguing that by franchising Nava, Gina and her can take advantage of the domestic and international advertising programs of the firm.</em>

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3 years ago

The impacts of increasing petrol price on household

Illusion [34]

Answer:

When gasoline prices increase, a larger share of households' budgets is likely to be spent on it, which leaves less to spend on other goods and services. The same goes for businesses whose goods must be shipped from place to place or that use fuel as a major input (such as the airline industry).

Explanation:

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3 years ago

One of the most challenging tasks for any firm, including In Fine Fettle, is determining how much to spend on promotion. Four ba

Montano1993 [528]

Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend

Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

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4 years ago

The Roland Company needs to comply with the financial reporting standards of the Sarbanes-Oxley Act. One of the employees, Ken,

77julia77 [94]

Answer:

The boss is correct.

Explanation:

Under Sarbanes-Oxley Act, a rules-based approach to corporate governance and reporting is used. It is based on the view that companies must be

required by law (or by some other form of compulsory regulation) to comply with established principles of good corporate governance.

Except in the instances of exceptions provided in the act, company has no choice than to comply regardless of the cost implication because non-compliance is punishable under the act. Sometimes, it is called tick box approach

This is contrary to what is obtainable in a principled-based approach where allowance is given for explanation in the event of possible con-compliance.

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3 years ago