Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 06, 2024

i need a good example of an Objective-Oriented Standard and Please explain how it is not quite a principle- based standard nor a rule-based Standard.

also if you have an example of U.S. GAAP and IFRS that would be excellent.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services Plus Pearson MyLab Accounting With Pearson EText

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan

17th Global Edition

1292312106, 978-1292312101

More Books

Students also viewed these Accounting questions

Question

★★★★★

Why do U.S. GAAP and IFRS require recognition of an expense when a company grants stock options to its employees?

Answered: 1 week ago

Question

★★★★★

The Riley Corporation paid cash dividends totaling $150,000 in 2018, $75,000 in 2019, and $800.000 in 2020. There were no dividends in arrears as of January 1, 2018 Required: Compute the amount of...

Answered: 1 week ago

Question

★★★★★

9. Discuss exercise, adoption, adherence, and determinants as related to the natural history of exercise. Provide some summarizing concepts associated with transitions from the various phases...

Answered: 1 week ago

Question

★★★★★

Pasquale Products Co. has two departments: Mixing and Cooking. At the beginning of the month, Cooking had 4,000 units in process with costs of $8,600 from Mixing, and its own departmental costs of...

Answered: 1 week ago

Question

★★★★★

A proposed new project has projected sales of $117,300, costs of $59,340, and depreciation of $4,140. The tax rate is 24 percent. Calculate operating cash flow using the four different approaches....

Answered: 1 week ago

Question

★★★★★

_________blank are job experiences in which there is a mismatch between an employee's existing skills and past experiences and the skills required for success on the job. Multiple Choice Job rotation...

Answered: 1 week ago

Question

★★★★★

Riding a bicycle at a constant speed requires the rider to provide enough constant force to the pedals to overcome the resistance forces. To make this problem easier to calculate, assume that there...

Answered: 1 week ago

Question

★★★★★

7. Question 7 Refer to Step 3.3. In the "Unconstrained " or "Short Selling " version of the optimal risky portfolio, what is the portfolio mean ? Write your answer as a percentage ,with no percentage...

Answered: 1 week ago

Question

★★★★★

In a case analysis, if a coffee company, who is trying to expand in China faces the primary problem of coming up with the best plan to catch up to competitors that currently have locations throughout...

Answered: 1 week ago

Question

★★★★★

List three logical fallacies. Explain why they are fallacies, and give examples of fallacious statements regarding moral problems.

Answered: 1 week ago

Question

★★★★★

A study was made of 500 children who were hospitalized as a result of motor vehicle crashes. Among 310 children who were not using seat belts, 70 were injured severely. Among 190 children using seat...

Answered: 1 week ago

Question

★★★★★

3. Imagine that, as an employer, you were no longer able to pay your staff. How would you motivate them?

Answered: 1 week ago

Question

★★★★★

4. What can an organisation do to ensure that its workers are fully engaged?

Answered: 1 week ago

Question

★★★★★

1. How might volunteering help the employer and the employee?

Answered: 1 week ago

Previous Question Next Question