Which item is a constraint in financial accounting? (a) Comparability. (b) Materiality. (c) Cost. (d) Consistency
Question:
Which item is a constraint in financial accounting?
(a) Comparability.
(b) Materiality.
(c) Cost.
(d) Consistency
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
c Cost is a constraint ...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
Question Posted:
Students also viewed these Business questions
-
Accounting relies on several fundamental assumptions that serve as the foundation for financial reporting. Discuss these key accounting assumptions and their significance in ensuring the reliability...
-
anybody knows audit and principal
-
Listed below are several terms and phrases associated with the FASBs conceptual framework. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with...
-
In January, the Cabinet Company worked on six job orders for specialty kitchen cabinets. It began job A-62 are as follows: The Cabinet Company produced a total of 34 cabinets for job A-62. Its...
-
In what ways is using a name server better than using static host tables? What are the problems and complications associated with name servers? What methods could be used to decrease the amount of...
-
How much do you consider a companys reputation when making product decisions? If you were in the freezer aisle of your local grocery store, would those issues enter your mind when making a purchase?
-
A predetermined cost that is calculated from management standards of efficient operations is (a) Standard cost (b) Opportunity cost (c) Out-of-pocket cost (d) Shutdown cost
-
According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Sup-pose that as part of the restructuring plan...
-
April is a wholesaler who buys goods in bulk from a manufacturer. This manufacture offers a discount on these purchases. What likely prompted the discount 1. to promote goodwill 2. to encourage early...
-
Partial adjusted trial balance data for Parsons Company is presented in BE3-9. The balance in Common Stock is the balance as of January 1. Prepare a retained earnings statement for the year assuming...
-
Neutrality is an ingredient of: (a) (b) (c) (d) Faithful Representation Yes No Yes No Relevance Yes No No Yes
-
Sketch a graph of a function that has all the following properties: a. f'(x) < 0 when x < 1 b. f'(x) > 0 when 1 < x < 3 and when x > 3 c. f'(1) = 0 and f'(3) = 0
-
The ratio of CEO pay to that of an average employee increased over a period of 50 years from 24:1 to 275:1. Is this increasing gap ethically sound, in your opinion? Should CEO pay be limited in any...
-
Suppose you are considering buying a machine that costs $7,000. It will generate revenues of $1,500 for the next 3 years, and then $1,000 for the following 5 years. What is the payback period of this...
-
National Bakery Limited is the main supplier of a variety of baked products to customers in Kingston. The company currently makes 25,000,000 a variety of baked products annually which uses baking...
-
Q1. Discuss the financial goal of a business. Ensure to provide an example of the inherent ethical challenges associated with the financial goal and or the financial management process. Using the...
-
Q1. How can companies use social media to do sentiment analysis? Describe the process. Give an example of a company that uses sentiment analysis to enhance relationships with customers. Q2. Describe...
-
Repeat Exercise 15 using n = m = p = 4 and n = m = p = 5. In Exercise 15 0 1 0 y dz dy dx z dz dy dx r-y sin y d: dy da Jo Jo Jo )
-
Using thermodynamic data from Appendix 4, calculate G at 258C for the process: 2SO 2 (g) + O 2 (g) 88n 2SO 3 (g) where all gases are at 1.00 atm pressure. Also calculate DG8 at 258C for this same...
-
Which ratios should be used to help answer each of these questions? (a) How efficient is a company in using its assets to produce sales? (b) How near to sale is the inventory on hand? (c) How many...
-
Which ratios should be used to help answer each of these questions? (a) How efficient is a company in using its assets to produce sales? (b) How near to sale is the inventory on hand? (c) How many...
-
At year-end, the price-earnings ratio of General Motors was 11.3, and the price-earnings ratio of Microsoft was 28.14. Which company did the stock market favor? Explain.
-
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