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natulia [17]
3 years ago
5

Generally accepted accounting principles (GAAP) require companies with a large amount of receivables to use

Business
1 answer:
Dmitrij [34]3 years ago
8 0
A. The allowance method
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The standards and rules that accountants follow while recording and reporting financial activities.
Finger [1]

Generally accepted accounting principles are the standards and rules that accountants follow while recording and reporting financial activities.

<h3>What is Generally accepted accounting principles?</h3>

A unified collection of accounting regulations, guidelines, and practices published by the Financial Accounting Standards Board is known as generally accepted accounting principles (GAAP) (FASB).  When assembling their financial accounts, American public firms' accountants are required to adhere to GAAP.

Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard.

To learn more about  Generally accepted accounting principles, visit:

brainly.com/question/14665057

#SPJ4

7 0
2 years ago
Farm subsidies account for approximately ________ of net agricultural income, making america's farmers among the most heavily su
alexgriva [62]
The subsidies account for B. One-Fifth <span>of net agricultural income.
The amount of subsidy started to increased after </span><span>Homestead Act of 1862 , A Government program that created to promote local agriculture sector.
The subsidies exist in the form of direct payment for producing a certain commodities, and help in buying a certain tools and supply for the production.</span>
4 0
4 years ago
Suppose a Canadian firm and a Japanese firm both produce rice. Also suppose the ratio of the price of land divided by the price
OlgaM077 [116]

Answer:

The answer is "Option E".

Explanation:

Complete values are the number of dollars that can be traded for just a specified volume.

Cash flows calculate that equity capital to a workforce. In particular, over the period, companies generally have higher equity shares rated to improve their output through investment as well as the automation of a working system. The capital adequacy ratio (K/L) was its proportion of assets to capital levels of intensity.

Labor's high wealth Whenever the labor costs are high, companies will try to replace assets with labor. For example, waitstaff in Europe is fitted with a mitral valve that directly delivers the orders to a kitchen.

It allows the use of labor less efficient and far less necessary. It may not be necessary or desirable to spend in the command post equipment to relatively low labor costs, thus providing a feeling of sadness ratio. The brief variation in labor is simpler than the stock of capital. Financial performance to work is tending may rise in downturns as companies lose their jobs. Migrants and creating a company High national salaries of areas with high working capital will usually occur.

This would allow employers to shift from a low investment wage to a high wage growth ratio. It reduces real wage inequalities and eliminates the investment difference. In western China, for example, workers have moved to SE China, of higher wages.

3 0
3 years ago
A sustained, long-term slow down in economic growth is called:.
Neko [114]

Answer: A sustained, long-term slow down in economic growth is called. Secular Stagnation.

Explanation:

hope this helps

8 0
2 years ago
How can a manager use a value chain to improve a company?
navik [9.2K]

To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.

3 0
3 years ago
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