Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

who decides the accounting policies used by a company in preparing financial accounts.? A-The companies auditors B-The shareholders C-Local accounting standard setters such as FASB

who decides the accounting policies used by a company in preparing financial accounts.?

A-The companies auditors

B-The shareholders

C-Local accounting standard setters such as FASB

D-Senior management of the company.

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

Computerized Accounting With QuickBooks 2014

Authors: Kathleen Villani, James B. Rosa, Blanche Ettinger

1st Edition

0763860239, 9780763860233

More Books

Students also viewed these Accounting questions

Question

★★★★★

What is an equilibrium phase diagram?

Answered: 1 week ago

Question

★★★★★

Rough Stuff is a distributor of large rocks. It sells on credit to commercial landscaping companies and extends terms that require customers to pay in 60 days. For accounts that are not overdue,...

Answered: 1 week ago

Question

★★★★★

Rodney, who sells newspapers on the street, buys each newspaper for 35 cents and he sells it for 50 cents. However, he cannot return any unsold newspapers. He has estimated that the number of...

Answered: 1 week ago

Question

★★★★★

Use the data in MEAP00_01.RAW to answer this question. (i) Estimate the model mathA = (0 + (1 lunch + (2 log(enroll) + (3log(exppp) + u by OLS and obtain the usual standard errors and the fully...

Answered: 1 week ago

Question

★★★★★

Required information [The following information applies to the questions displayed below] The following information is avaliable for ADT Company, which produces special-order security products and...

Answered: 1 week ago

Question

★★★★★

On January 1, 2020, Pinnacle Corporation exchanged $3,548,000 cash for 100 percent of the outstanding voting stock of Strata Corporation. On the acquisition date, Strata had the following balance...

Answered: 1 week ago

Question

★★★★★

On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complaints. Legal services total $10,400. In payment for the services, Whole Grain...

Answered: 1 week ago

Question

★★★★★

Two sides of a triangle measure 36 m and 49 m One possible dimension of the third side is Two sides of a triangle measure 36 m. and 49 m. One possible dimension of the third side is?

Answered: 1 week ago

Question

★★★★★

59. Trebecker Construction plans to discontinue its roofing segment which last year generated a contribution margin of $65,000 and incurred $70,000 in fixed costs. If the segment is discontinued,...

Answered: 1 week ago

Question

★★★★★

In real estate, what are the competing interests between priority of federal vs. state tax liens? I need typed answer with explanation

Answered: 1 week ago

Question

★★★★★

Consider the following root's loci. 5 4 3 2 O Imaginary Axis (seconds) 3 -4 -5 -20 Root Locus -15 -10 -5 Real Axis (seconds) The angle of departure from the complex poles can be approximated by: A...

Answered: 1 week ago

Question

★★★★★

Use pivot table, privot chart, and basic excel functions to answer the following questions for data in "econ" tab. 1. For each of the variables in the next tab "econ": what is the average, the...

Answered: 1 week ago

Question

★★★★★

1. Analyze your work or school environment. Identify the distractions that you face on a daily basis and defend or reject their relevance to your ability to critically think, problem solve, and...

Answered: 1 week ago

Question

★★★★★

6. What are the major differences between labour management relations in Europe and those in Canada?

Answered: 1 week ago

Question

★★★★★

1. Analyze what filters were in place to block effective communication between the hospital administrators, medical staff, and affected patients.

Answered: 1 week ago

Previous Question Next Question