The most significant current source of generally accepted accounting principles is the.
Answers
The most significant current source of generally accepted accounting principles is the Financial Accounting Standards Board (FASB).
What is the Financial Accounting Standards Board (FASB)?The Financial Accounting Standards Board (FASB) is the current most significant source of generally accepted accounting principles.
It is an independent, non-profit organization that operates in the private sector. The Financial Accounting Standards Board is accountable for developing accounting rules and standards for public and private businesses, not-for-profit organizations, and state and local government entities. These rules and standards are called generally accepted accounting principles (GAAP).
The main purpose of the Financial Accounting Standards Board is to establish and enhance financial accounting and reporting standards for the preparation of financial reports that present useful information to investors, creditors, and other financial stakeholders.
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Related Questions
when is subsidy necessary in comodity supply
Answers
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
Explanation:
what is the process of managing changes to the business requirements throughout the project?
Answers
Answer:
Requirements management is the process of managing changes to the business requirements throughout the project. The analysis phase establishes descriptions of the desired features and operations of the system including screen layouts, business rules, process diagrams, pseudo code, and other documentation.
The practice of managing changes to the business requirements during the project is known as requirements management. In the analysis phase, descriptions of the required functions and features of the system are established. These descriptions may include screen designs, business rules, process maps, pseudo code, and other documentation.
What is requirements management?The goal of requirements management is to make sure that a company records, confirm, and satisfies the requirements and expectations of its clients and other internal or external stakeholders. The study and elicitation of the organization's goals and limitations is the first step in requirements management.
Supporting planning for requirements, integrating requirements and the organization for dealing with them, as well as interactions with other information delivering against requirements, and adjustments for these are all other components of requirements management.
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the summary of the payroll for the monthly pay period ending july 15 indicated the following: sales salaries $125,000 federal income tax withheld 32,300 office salaries 35,000 medical insurance withheld 7,370 social security tax withheld 10,200 medicare tax withheld 2,550 question content area a. journalize the entry to record the payroll. if an amount box does not require an entry, leave it blank or enter 0. blank - select - - select - - select - - select - - select - - select - - select - - select - - select - - select - - select - - select - - select - - select - question content area b. journalize the entry to record the employer's payroll tax expense for the month. the state unemployment tax rate is 3.1%, and the federal unemployment tax rate is 0.8%. only $25,000 of salaries are subject to unemployment taxes. if an amount box does not require an entry, leave it blank or enter 0. blank - select - - select - - select - - select - - select - - select - - select - - select - - select - - select -
Answers
Firstly we should know about the payroll tax- Payroll tax/fee is the amount of salaries and wages paid to personnel in change for services rendered with the aid of them to a business.
How is federal earnings tax calculated?Estimating a tax bill starts with estimating taxable income.
In a nutshell, to estimate taxable income, we take gross income and subtract tax deductions. What's left is taxable income. Then we follow the splendid tax bracket (based on profits and submitting status) to calculate tax liability.Payroll Taxes Fund Social Security, Medicare, and Unemployment Insurance. The two primary federal payroll taxes levied on wages are recognised as Federal Insurance Contributions Act (FICA) taxes.Thus, the term may also also be assumed to consist of the cost of all associated payroll taxes, such as the employer's matching repayments for Medicare and social security.
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What is the difference between marketing and merchandising? How do each of these concepts fulfill a different function in the business world? Explain and provide a real-world example of each.
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Answer:
The difference between marketing and merchandising is that marketing is virtual, like it is an advertisement via the Internet, paper copies, etc. Meanwhile, merchandising is a in-person product advertisement, like a salesman showing a potential buyer a new car. These concepts fufill different functions in the business world, since marketing can reach more people, more easily, while merchandising can only reach a handful of people, but the people will be more likely to buy the product. An example of marketing would be a car company advertising a new model via the Internet. An example of merchandising would be a salesman showing a customer a new car model.
Explanation:
Please mark as Brainliest!!!I worked very hard on this!
Marketing is virtual like a car company advertising a new model via the internet while merchandising is an in-person product advertisement like a salesman showing a potential buyer a new car model.
What is marketing?Marketing can be understood as the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services. It potentially includes things such as the selection of a target audience, the selection of certain attributes or themes to emphasize in advertising, the operation of advertising campaigns, and attendance at trade shows and public events.
It also includes the design of products and packaging attractive to buyers, defining the terms of sale, such as price, discounts, warranty, and return policy, product placement in media or with people believed to influence the buying habits of others, agreements with retailers, wholesale distributors, or resellers and attempts to create awareness of, loyalty to, and positive feelings about a brand.
Marketing is typically done by the seller, typically a retailer or manufacturer.
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The candlelit atmosphere of a fine-dining restaurant is an example of _______________ the spatial layout and functionality ambient conditions element of servicescape. O signs, symbols, and artifacts O all of these none of these
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The candlelit atmosphere of a fine-dining restaurant is an example of the ambient conditions element of servicescape.
The ambient conditions element refers to the physical environment and its sensory qualities that influence customer experience. The candlelight contributes to the spatial layout and functionality by creating a warm and intimate atmosphere. It also enhances the overall ambiance, creating a sense of sophistication and elegance. While other elements like signs, symbols, and artifacts may exist in the restaurant, they are not directly related to the candlelit atmosphere in this context.
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The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Company. You observe that the shares of Pharma Company had an abnormal return of 0% yesterday. This suggests that
Answers
Answer:
the approval was already anticipated by the market
Explanation:
This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.
Calculate the forward rate for (i) the second year; (ii) the third year; (iii) the fourth year. (Do not round intermediate calculations. Round your answers to the nearest whole percent.) Maturity (years) Price of Bond 1 $ 943.40 2 898.47 3 847.62 4 792.16
Answers
Answer:
Bond 1 : 4.38%
Bond 2 : 5.91%
Bond 3 : 6.07%
Bond 4 : 7.21%
Explanation:
The face value of the bond is assumed to be $1,000
Price of Bond 1 : 943.40 = 1000 / (1 + x1) ^1
x1 = 4.38%
Price of Bond 2 : 898.47 = 1000 / (1 + x1) ^2
x1 = 5.91%
Price of Bond 3 : 847.62 = 1000 / (1 + x1) ^3
x1 = 6.07%
Price of Bond 1 : 792.16 = 1000 / (1 + x1) ^4
x1 = 7.21%
What effects did zaha have on guggenheim new york?
Answers
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
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Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan
Answers
Answer:
It is the 529 plan to save money for college.
Explanation:
If shares of stock can be issued, then the form of business ownership is called a
O sole proprietorship
O partnership
O limited liability company
O corporation
Answers
[The following information applies to the questions displayed below.]Link, Inc.Selected financial data ($ thousands) 2016 2017Income statement and related items Sales $ 160,835 $ 274,219 Cost of goods sold 141,829 209,628 Net income (91,432 ) (257,981 )Cash flow from operations (35,831) (12,538 ) Balance sheet items Cash $ 236,307 $ 164,952 Marketable securities 209,670 22,638 Accounts receivable 12,645 21,655 Inventory 3,971 40,556 Total current assets 462,593 249,801 Accounts payable 17,735 13,962 Accrued liabilities 27,184 76,596 Total current liabilities 44,919 90,558 Please refer to the financial data for Link, Inc. above. Which of the following statements best describes how the Link's short-term liquidity changed from 2016 to 2017?Multiple Choice• Link’s short-term liquidity has improved modestly.• Link’s short-term liquidity has deteriorated very little, but from a low initial base.• Link’s short-term liquidity has improved considerably, but from a low initial base.• Link’s short-term liquidity has deteriorated considerably, but from a high initial base.• None of the options are correct.
Answers
Link’s short-term liquidity has deteriorated considerably but from a high initial base such statementnt best describes how Link's short-term liquidity changed from 2016 to 2017. The correct option is C.
Changes in current assets and current liabilities, which are important elements of liquidity, can be used to examine short-term liquidity.
In 2016:
Current assets in total: $462,593
$44,919 in total current liabilities
In 2017:
Current assets in total: $249,801
$90.558 in total current liabilities
The following can be shown by contrasting the changes in current assets and liabilities:
$462,593 in current assets have decreased by $249,801 to $212,792 (decrease).
Current liabilities changed, dropping from $90,558 to $44,919, or $45,639 (decrease).
We can observe that Link's short-term liquidity has significantly deteriorated from 2016 to 2017 because liquidity typically improves when current assets or current liabilities decrease, and vice versa. It's possible that the corporation will have trouble paying its short-term obligations given the rise in current liabilities and decline in current assets.
Thus, the ideal selection is option C.
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according to the principle of management by objectives, who is responsible for motivating employees?
Answers
According to the principle of Management by Objectives (MBO), the responsibility for motivating employees lies with both the management and the employees themselves.
MBO is a management philosophy and approach that emphasizes setting clear objectives and goals, aligning them with the overall organizational goals, and then working collaboratively to achieve those objectives.
Management's Responsibility: According to MBO, management has a responsibility to provide a supportive and enabling environment that fosters employee motivation. This includes setting clear and challenging objectives that are aligned with the overall organizational goals, providing the necessary resources, tools, and training to employees to perform their tasks effectively, and offering regular feedback and recognition for their contributions.
Employee's Responsibility: In the MBO approach, employees also have a responsibility to take ownership of their work and contribute towards achieving the set objectives.
According to the principle of Management by Objectives (MBO), both management and employees share the responsibility for motivating employees. Management is responsible for creating a supportive environment that includes setting clear objectives, providing necessary resources, and offering feedback and recognition.
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Sarah pays her personal trainer, Lily, by check. Lily uses the check to pay her grocery bills in a supermarket. How is Lily able to use the check to make her grocery payments?
Answers
Lily is able to use the check from Sarah to make her grocery payments by depositing the check into her bank account and then using the funds from the account to pay for her groceries.
When Lily receives the check from Sarah, she can endorse the back of the check with her signature and deposit it into her bank account. The bank then processes the check and credits the amount to Lily's account, making the funds available for her use. With the funds in her bank account, Lily can either withdraw cash or use other payment methods, such as a debit card or online transfer, to make her grocery payments at the supermarket.
Using checks as a form of payment offers convenience and security. It eliminates the need for carrying large amounts of cash and provides a record of the transaction. By depositing the check into her bank account, Lily can access the funds easily and use them for her various financial needs, including paying her grocery bills. The banking system ensures that the check amount is transferred from Sarah's account to Lily's account, enabling her to make purchases without relying solely on physical cash.
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100 points LOLOL WHOEVER COMES HERE FIRST WILL ALSO BE MARKED BRAINLIEST
Answers
Answer:
sdadasd
Explanation:
Answer:
hi hi i hope you have a great day and take care of yourself
Francisco started a new job and wants to open a retirement account. He has heard about 401k and 403(b) accounts for retirement. His new job will only allow him to have a 403(b) account. What is the MOST likely reason for this? A. Francisco is a salesperson at a clothing shop. B. Francisco is a CEO of a Fortune 500 company. C. Francisco is a government employee. D. Francisco is an investment banker.
Answers
The MOST likely reason for Francisco's new job allowing him to have only a 403(b) retirement account is C. Francisco is a government employee.
Francisco, as a government employee, may be working in a public school. Under section 501(c) of the IRS code, Francisco's organization is a nonprofit, which is tax-exempt.
Thus, the main reason that Francisco can open a 401(k) but a 403(b) retirement account is because he is working in a 501(c) tax-exempt organization.
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Francisco is a government employee.
an element necessary in a contract for sale of real estate that is not generally a requirement of a standard contract is:
Answers
A contract for the sale of real estate has specific elements that must be included for the agreement to be legally binding. One such essential element is consideration, which is the price agreed upon by both parties for the sale of the property.
The amount of consideration must be sufficient and not grossly disproportionate to the value of the property. In addition, the agreement must be signed by both parties involved in the transaction and contain an offer and acceptance of the sale.
The contract should also include a description of the property to be sold and any necessary legal documentation, such as deeds and titles. Additionally, the contract should specify the closing date and any contingencies that must be satisfied before the sale is completed.
However, there is one element that may be necessary in some real estate sales contracts but not in others: specific disclosures. While many states require sellers to disclose specific issues related to the property being sold, such as environmental hazards or potential legal encumbrances, these disclosures may not be necessary in every contract.
Thus, whether or not specific disclosures are required in a real estate contract depends on the laws and regulations in the state where the sale is taking place. This is why it is essential to consult a real estate lawyer before entering into any real estate transaction.
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Infomercial are _than commercials.
a. longer
b. funnier
C. more entertaining
d. shorter
Answers
Answer:
A
because infomercials have information in them so they can't be funnier or more entertaining and shorter wouldn't really make sense so the best choice is longer.
In order for communities to connect workforce & economic development issues they must:
Answers
In order for communities to effectively connect workforce and economic development issues, it is crucial for them to prioritize collaboration and communication between key stakeholders.
This includes local government officials, business leaders, education and training institutions, and community members. One important step is to conduct a thorough analysis of the local economy, including identifying growth industries and potential workforce gaps. This information can then inform targeted workforce development initiatives, such as training programs or apprenticeships, that align with the needs of employers.
It is also important for communities to prioritize supporting local small businesses, as they are often the backbone of the local economy. This can include providing access to resources such as financing and technical assistance. In addition, communities should strive to create a welcoming and inclusive environment for all members of the workforce, including immigrants and other marginalized groups. This can help to attract and retain a diverse and skilled workforce, which can in turn support economic growth.
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Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answers
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
Which factor places this nation in the transitioning category? Multinational corporations operate within its borders. It is shifting from a planned to a free-market economy. It has recently increased trade with Western Europe. It has a rising GDP.
Answers
The factor that puts a nation in the transition category is the shift from a planned economy to a free market economy.
What is the free market?It corresponds to an economic principle where the action of market agents is free, with less state intervention, being voluntarily determined by the law of supply and demand.
Therefore, the free market is a factor that marks an economic transition of a nation, by instituting greater relations with other countries, greater investment and economic expansion.
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Answer:
B on edge
If you want the answer faster
An industrial firm is considering purchasing several programmable controllers and automating its manufacturing operations. It is estimated that the equipment will initially cost $150,000 and the labor to install it will cost $45,000. A service contract to maintain the equipment will cost $5,000 per year. The trained service personnel will have to be hired at an annual salary of $40,000. Also estimated is an approximate $15,000 annual income-tax savings (cash inflow). How much will this investment in equipment and services have to increase the annual revenues after taxes in order for the firm to break even?
Answers
This investment in equipment and services will have to increase $64,511.91 of annual revenues after taxes in order for the firm to break even.
What does annual revenues mean?The money a business earns from the sale of goods and services over the course of a given year is known as annual revenue. Before any adjustments for the cost of the inventory you sold or business expenses, annual revenue is the sum of all sales. On income statements (also known as profit and loss statements) and your business tax form (Schedule C if you're a sole proprietor) your annual revenue is frequently referred to as "sales" or "gross receipts or sales."
Let increase in revenue = x
Initial investment = 150,000 + $45,000 = $195000
for breakeven NPV =0
Yearly cashflow = x+15000-40000-5000 = x-30000
195000 = (x-30000)/1.12 + (x-30000)/1.12² + (x-30000)/1.12³ .........(x-30000)/1.12¹⁰
x= $64,511.91
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One benifit of specialization is that it
Answers
An important benefit of specialization is the improvement of human capital, which helps to gain competitive advantage.
What is competitive advantage?It corresponds to the fact that a company is the first option for potential consumers when they want to purchase a good or service, giving these companies advantages over their competitors.
Therefore, the specialization of employees generates a more accurate knowledge, increasing the level of effectiveness in the operational systems and continuous improvement that leads to the positioning in the market.
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Where would you find the Create Table Dialog Box?
Data tab, Get & Transform Data group
Data tab, Outline Command group
Insert tab, Charts gallery
Insert tab, Tables command group
Answers
Answer:
d
Explanation:
took the test
Answer:
D.
Explanation:
correct on edge
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period, the Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory. At the end of the period, the Assembly Department has 2,600 gadgets in process that are 65% complete with respect to conversion. What are the equivalent units of production for conversion during the period?
Answers
Answer:
Total equivalent units= 11,890
Explanation:
Giving the following information:
Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.
The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.
To calculate the equivalent units, we need to multiply the % complete for the number of units started:
Units completed= 10,200
Units in ending inventory= 2,600*0.65= 1,690
Total equivalent units= 11,890
bakeco, an nyse-listed food company, has decided to split off its cookie-making operation into a separate corporation. current shareholders will receive one share of the new company, bigcookieco, for each share of bakeco they own as of the record date. this action is an example of
Answers
This is an example of a corporate spin-off. A corporate spin-off is a type of corporate restructuring in which a company creates a separate business unit by separating a portion of its operations from the parent .
company and distributing it to existing shareholders as a new company.
This type of corporate action occurs when a company wants to focus on a particular business segment or when it wants to unlock the value of a business unit that is not reflected in the overall company’s share price.
In this case, the parent company, Bakeco, is separating its cookie-making operations into a new company, Bigcookieco, and distributing one share of Bigcookieco for each share of Bakeco owned by existing shareholders on the record date.
This action is beneficial to existing shareholders of Bakeco, who will now have shares of both Bakeco and Bigcookieco, allowing them to diversify their investments.
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an ethical obligation that provides a major link between ethics and self-care is:
Answers
The ethical obligation that provides a major link between ethics and self-care is the principle of non-maleficence, which is the duty to do no harm.
What is an ethical obligation?
An ethical obligation is a moral requirement to follow a certain course of action, that is, to do, or refrain from doing, certain things.
This principle highlights the importance of taking care of oneself in order to avoid harm or negative consequences to others, whether it be in a personal or professional setting.
In order to provide ethical and effective care to others, it is essential to prioritize self-care and maintain one's own well-being.
However, three basic ethical principles are outlined in The Belmont Report to serve as a guide for research involving human subjects. These are respect for persons, beneficence, and justice.
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What two factors influence an economic school of thought?(1 point)
Answers
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
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HELPPPPP PLEASE
1. Unlimited liability is full responsibility for your companies debt.
False
True
2. Limited Liability means that if the business closes that you own, you are required to pay back the debt.
True
False
Answers
Answer: 1.True
2. False
Explanation:I just took the quiz and got it right so you should too lol.
Candace works for a small marketing firm that focuses on ads that pop up on social media web pages. Candace most
likely works in
O Marketing Research.
O Professional Sales.
O E-Marketing.
O Distribution and Logistics.
Answers
Answer:
O E-Marketing.
Explanation:
E-marketing is Electronic marketing. It is also known as online marketing and refers to marketing done through the internet. E-marketing combines traditional marketing concepts with modern technology. It involves marketing a company's products and services through the internet using computers and mobile devices as mediums.
Answer:
E-Market
Explanation:
Did on edge
The software assurance process interfaces with two other large
organizational processes. Name those two and tell me why/how the
assurance process would interact/depend on each of them?
Answers
The software assurance process relies on software development and risk management processes to ensure software quality and security through essential inputs and dependencies.
Software Development: The software assurance process depends on the software development process because it is responsible for creating the software that needs to be assured. During software development, various activities such as requirements gathering, design, coding, and testing are carried out.
The assurance process relies on the outputs of these activities to perform its tasks effectively. For example, software requirements are used as a basis for defining the scope of assurance activities and determining the appropriate security controls.
The design artifacts help in analyzing potential vulnerabilities or weaknesses, while the source code and test results provide valuable information for vulnerability scanning and penetration testing. The assurance process collaborates with the software development team to ensure that the necessary measures are implemented at each stage to address security and quality concerns.
Risk Management: The assurance process also interacts with the risk management process because it helps identify and mitigate risks associated with software development and deployment. Risk management involves identifying potential risks, assessing their likelihood and impact, and developing strategies to mitigate or control them.
The assurance process relies on risk management activities to prioritize assurance efforts and allocate appropriate resources. Risk assessments help in identifying critical assets, potential threats, and vulnerabilities, which in turn inform the assurance process on where to focus its attention.
Additionally, risk management activities such as risk mitigation planning and risk monitoring provide insights into the effectiveness of assurance measures and help in continuous improvement. The assurance process collaborates with the risk management team to align objectives, share information, and ensure that software risks are properly addressed through appropriate assurance activities.
In summary, the software assurance process depends on the software development process to obtain the necessary inputs and artifacts for assessing and assuring the software's quality and security. It also interfaces with the risk management process to identify and mitigate risks associated with software development. Collaboration between these processes is crucial for effective software assurance and overall organizational security.
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