Solution-What is meant by economic consequences

What is meant by economic consequences

Assignment Help Accounting Basics

Reference no: EM131102463

1. Some individuals have indicated that the FASB must be cognizant of the economic consequences of its pronouncements. What is meant by "economic consequences"? What dangers exist if politics play too much of a role in the development of financial reporting standards?

Reference no: EM131102463

Questions Cloud

An agricultural cooperative association for citrus growers : 1) Florida citrus mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the conditions below. What are your predictions? For each part, sketch..

What number of shipments would make cost : A firm is trying to decide whether to have a centralized warehouse or regional warehouses. A centralized warehouse would be cheaper than four regional warehouses, but the expenses for shipping would be higher with a centralized warehouse. If the firm..

Discuss the advantages and disadvantages of corporate debt : Discuss the advantages and disadvantages of corporate debt. Discuss the financial alternatives for distressed firms. Discuss preferred stock.

Determine the pre-tax accounting profit of this firm : Suppose you are considering starting your own consulting firm. You estimate if that if you did not start the firm, your starting salary at a job would be $40,000/yr. The revenues from this firm are expected to be $1,500,000. Some of the expenses you ..

What is meant by economic consequences : What dangers exist if politics play too much of a role in the development of financial reporting standards?

What should the firm do with the warehouse : Suppose a firm has a warehouse that they originally purchased for $500,000. They have a project that they determine would be acceptable if the costs for the warehouse were at most $1,500,000. The firm has determined the market price for the warehouse..

The dividend payout ratio is increased or not : indicate indeterminate or no effect by a (0) think in terms of the immediate, short-run effect on funds requirements. a. The dividend payout ratio is increased. b. The firm decides to pay all suppliers on delivery, rather than after a 30- ay delay, t..

Employment assignments require special compensation : Do you agree or disagree that some international employment assignments require special compensation? Please explain. How does recruiting for international assignments differ from that of domestic assignments? How does the scope of a firm's internati..

Explain the use of letter of credit : Explain the use of a Letter of Credit. Why do firms use counter trade? How does capital budgeting for international projects differ from that of domestic projects?

User Account

All Pages

What is meant by economic consequences

Reference no: EM131102463

Reference no: EM131102463

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT