B. GAAP
Match each of the descriptions with the term or phrase it best reflects.
A. Audit
B. GAAP
C. Ethics
D. Tax accounting
E. SEC
F. Public accountants
G. Net income
H. IASB
1. An assessment of whether financial statements follow GAAP.
2. Amount a business earns in excess of all expenses and costs associated with its sales and revenues.
3. A group that sets accounting principles in the United States.
4. Accounting professionals who provide services to many clients.
5. Principles that determine whether an action is right or wrong.
Answers: 3
Business, 22.06.2019 20:30
Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?
Answers: 1
Business, 22.06.2019 20:50
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
Business, 22.06.2019 21:20
Which of the following best explains why large companies pay less for goods from wholesalers? a. large companies are able to pay for the goods they purchase in cash. b. large companies are able to increase the efficiency of wholesale production. c. large companies can buy all or most of a wholesaler's stock. d. large companies have better-paid employees who are better negotiators.
Answers: 2
Business, 23.06.2019 01:30
Young owners of a sole proprietorship will likely not find financial support available from?
Answers: 2
Match each of the descriptions with the term or phrase it best reflects.
A. Audit
B. GAAP
B. GAAP
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
Mathematics, 30.04.2021 18:40
History, 30.04.2021 18:40