Which of the following isnt a characteristic or limitation

Assignment Help Accounting Basics
Reference no: EM13392038

Which of the following is not a characteristic or limitation of the kind of information that financial reporting by business enterprises can provide?

A. The information results in approximate, rather than exact, measures.

B. The information largely reflects the financial effects of transactions that have already happened.

C. The information is provided and used at a cost.

D. All of the above are characteristics or limitations of the kind of information that financial reporting by business enterprises can provide.

Reference no: EM13392038

Previous Q& A

  Conduct research on the organization to find out

choose a large organization that sells a product or multiple products. in a 2-3 paper provide an overview of the

  How firms estimate their cost of capital the wacc for a

1.what decision criteria should managers use in selecting projects when there is not enough capital to invest in all

  Please given at least three sources to support your answers

edgar schein is one of the most respected authorities on organizational culture and actually claims that the most

  Which of the following might not limit the effectiveness of

which of the following may not limit the effectiveness of internal control systems in an organization?a. costs not

  Companies frequently overlook the substantial deficiencies

companies often overlook the substantial deficiencies in infrastructural resources when they begin doing business in

  To really understand it calculate following price

you just opened a flower shop and are trying to understand pricing issues. you were told that elasticities are very

  Cheers inc operates as a partnership now the parents have

cheers inc. operates as a partnership. now the parents have decided to convert the business into a regular corporation.

  Determine british petroleums strategy before the recent

what was british petroleums strategy before the recent deep water horizon accident? and did it change after the event?

  Alex was sent to beijing to help local managers solve the

1.which of the following is the least desirable approach for developing subordinates?2.with reference to the

  Respond to the following ethical issue concerning the

respond to the following ethical issue concerning the reclassification of receivables in your initial postmoss exports

Reviews

Write a Review

 

Similar Q& A

  Determining four financial statements

Discuss each of the four financial statements. Explain the different components of the statements as well as what the statements tell about a business.

  Accounting system before financial statements

Each involves an adjustment that must be made to the accounting system before financial statements can be prepared. Show the effects of each adjusting entry on the accounting system.

  Identify relevant activity cost drivers in order to assign

It now needs to identify relevant activity cost drivers in order to assign overhead costs to its products. Using the activities listed below, identify for each activity one or more cost drivers that might be used to assign overhead to Mallory Luon..

  Report foreign currency on consolidated balance sheet

A Clarke Corporation subsidiary buys marketable equity securities and inventory on April 1, 2009, for 100,000 pesos each. It pays for both items on June 1, 2009

  Product sold at the split-off point

Which product or products should be sold at the split-off point and which product or products should be processed further? Show computations.

  Actual flow of goods for most businesses

Which inventory valuation method assigns a value to the inventory on the balance sheet that approximates current cost and also mimics the actual flow of goods for most businesses?

  Prepare journal entry to record the issuance of the bonds

Prepare the journal entry to record the issuance of the bonds.(For multiple debit/creditentries, list amounts from largest to smallest eg 10, 5, 3,2.)

  What are the combined total department costs

What are the combined total department costs for the producing departments after allocating the service department costs?

  Manual and system controls

Explain the differences between manual and system controls. Which type of control is preferable and why? Give an example of each of these controls that you encounter in your daily life.

  Benefit of budgeting concept

Which of the following is not a benefit of budgeting? a) It uncovers potential bottlenecks before they occur. b) It ensures that accounting records comply with generally accepted accounting principles.

  What is the journal entry that should be made

A firm lends $10,000 for 5-years with no stated interest rate. The market rate of interest at the time would have been 5%. What is the journal entry that should be made a. at the time the money is loaned and b. at the end of the first year of the ..

  What is the target net income

A company requires $1,020,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are $180,000. What is the target net income?

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