Importance of the budget affect accounting principles

Assignment Help Accounting Basics
Reference no: EM131241676

How and why might the importance of the budget affect generally accepted accounting principles for external (general- purpose) reports?

Reference no: EM131241676

Questions Cloud

Optimal thing to do when playing a prisoners dilemma : The optimal thing to do when playing a prisoners' dilemma that is repeated for exactly 20 rounds against a rational player is to:
What trends or changes at industry and firm level : Having analyzed each firm, you are expected to compare the strategies pursued by each to attain their position in the industry. In comparing these, please address the following questions: What can each firm learn from the other, if anything? What t..
Determine the work for the process : Refrigerant 134a undergoes a constant-pressure process at 1.4 bar from T1 = 20°C to saturated vapor. Determine the work for the process, in kJ per kg of refrigerant.
Ratio of circumference to diameter : The ratio of circumference to diameter for all circles is pi. What is the ratio of force to mass for freely falling bodies? Why doesn't a heavy object accelerate more than a light object when both are freely falling?
Importance of the budget affect accounting principles : How and why might the importance of the budget affect generally accepted accounting principles for external reports?
How many of think that artificial intelligence has removed : On a blog site, http://curiosity.discovery.com/question/superhuman-computing-intelligence, there is some debate whether or not a computer will ever be created that exceeds the capacity of the human mind. How many of you think that in your lifetim..
Supply and demand anti-terrorism regulation : uppose that the US Department of Homeland security is concerned about the prevalence of airborne biological weapons in large sporting events in the US. Begin by assuming that there is no government policy yet. Consider the market for a system called ..
Determine the pressures at the initial and final states : Three lb of saturated water vapor, contained in a closed rigid tank whose volume is 13.3 ft3 , is heated to a final temperature of 400°F. Sketch the process on a T-v diagram. Determine the pressures at the initial and final states, each in lbf/in.2
Compute the potential difference : The electric field in a region of space is given by the function E = Γx2x^ where Γ is a constant with value Γ = 120 N/C/m2 a) Compute the potential difference ?VAB between the point A at x = 2 m and the point B at x = 4 m. b) Explain how you selected..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the contribution margin

What is the contribution margin? How many cupcakes must Jane sell in a year in order to break even

  Therefore the user must be able to change amounts in the

jamboree sells handmade jewelry. they have four different product lines - rings necklaces bracelets and earrings.

  Data regarding a potential capital investment follows

data regarding a potential capital investment follows startup cost 100000 salvage value 10000 net annual cash flow

  Describe the two step process provided by fin 48

The means of dealing with uncertainty in tax positions is prescribed by GAAP in FASB ASC 740-10: Income Taxes-Overall (previously FASB Interpretation No. 48 (FIN 48)). Describe the two-step process provided by FIN 48.

  Record the entries required to adjust and correct accounts

Machinery at the end of the year shows a balance of $19,960. It is discovered that additions to this account during the year totaled $4,460, but of this amount, $760 should have been recorded as repairs. Depreciation is to be recorded at 10% on machi..

  Use the financial information from eric and ian company to

for the year ending 12312013sales revenue100000less cost of goods sold-60000equals gross margin40000operating

  When performing basic cvp analysis variable costs are

the scattergraph method is an approach which can be used to determine both the total fixed cost component and the

  Wal-mart stores inc is the worlds largest retailer a large

wal-mart stores inc. is the worlds largest retailer. a large portion of the premises that the company occupies are

  Write a brief explanation of the accounting event

The following information is from the records of Floral Design. Write a brief explanation of the accounting event represented in each of the general journal entries.

  Sub common stock and retained earnings

Parent purchased 75% of the voting shares of Sub for $525,000 on January 1, 20X1. On that date, Sub's Common Stock and Retained Earnings had a book

  Trump and hawthorne have decided to form a partnership

trump and hawthorne have decided to form a partnership. trump is going to contribute a depreciable asset to the

  Stock options which she purchases on february 14 of the

given the following information for jane cole complete schedule d of form 1040 through part iii. stock options which

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd