Explain what economic consequences are. Why does accounting have economic consequences?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Economic consequences are the impacts on wealth caused of a decision or choice Accounting ...View the full answer
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
What is the relationship between the economic consequences of accounting standards and the quality of neutrality presented in SFAC No. 8?
-
What types of economic consequences may arise from accrual accounting for OPEBs in SFAS No. 106?
-
Explain what is meant by adverse economic consequences of new or changed accounting standards.
-
In Canada, Canadian teachers and bosses and HIGH AUTHORITY FIGURES are not FEARED but RESPECTED. In CANADA TEACHERS, bosses and AUTHORITY FIGURES encourage feedback, OPINIONS and ENGAGE in discuss....
-
a. West Jets daily flight from Edmonton to Toronto uses a Boeing 737, with all-coach seating for 120 people. In the past, the airline has priced every seat at $140 for the one-way flight. An average...
-
Are there any shortcomings? Can they be removed?
-
Discuss the causes of corporate decline. LO1
-
Good Luck Brands reported a carrying value of its total inventory as of December 31, 2013, of $2,047.6 million; the corresponding figure for December 31, 2012, was $1,937.8. Good Luck Brands applies...
-
Benson Pointers Corporation expects to begin operations on January 1, Year 1; it will operate as a specialty sales company that sells laser pointers over the Internet. Benson expects sales in January...
-
Refer to the table for Rapid City Roller Rink in part (1) of Problem 3-9A. Required 1. Prepare a trial balance at October 31, 2012. 2. Prepare an income statement for the month ended October 31,...
-
Describe the characteristics and qualities that you think are required by a good accountant.
-
Explain how accounting information could help you assess whether you could afford to borrow money.
-
6. LO.2 Which of the following can be a shareholder of an S corporation? a. Partnership. b. Limited liability partnership. c. Corporation. d. One-member limited liability company.
-
Scenario : Wanda, a BCBA, is updating an intervention plan for a leaner on her caseload to submit for insurance funding authorization. Part of the plan includes the completion of an adaptive...
-
a) how can your company accommodate generational or gender difference within your company ? b) how can your company accommodate communication and or language difference within your company ?
-
3. Consider the following data for two catalysts, A and B. The temperature is 25 C and the reaction occurs at standard conditions. a. Make a Tafel plot and determine the Tafel slope. Estimate the...
-
How consumption can be helpful in facilitating the construction of your identity? Explain the ways in which the symbolic meanings, connected with your consumption choices are important to you? Is...
-
Cataumet Boats, Inc. Jaime Giancola had just completed the first half of her MBA program and wanted to work on a project during the summer that would give her some practical experience applying what...
-
Review the You Call It on page 285, which illustrates an ethical challenge associated with purchase discounts. Required 1. In your view, is the company currently abusing its suppliers cash discount...
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
Nealon Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil in the continental United States. The company has grown rapidly over the last 5...
-
Describe the nature of the assets that compose the following sections of a balance sheet: (a) Current assets, (b) Property, plant, and equipment.
-
Describe the nature of the assets that compose the following sections of a balance sheet: (a) Current assets, (b) Property, plant, and equipment.
-
Describe the nature of the assets that compose the following sections of a balance sheet: (a) Current assets, (b) Property, plant, and equipment.
-
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
-
Determine the simple interest earned on $10,000 after 10 years if the APR is 15%
-
give me an example of 10 transactions from daily routine that we buy and put for me Liabilities + Owners' Equity + Revenues - Expenses
Study smarter with the SolutionInn App