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Weighing up the costs and benefits
You may feel that, when considering a piece of accounting information, provided four main qualities identified are present and it's material it must be gathered and made available to users. Unfortunately, there is one more hurdle to jump. Something may still exclude a piece of accounting information from the reports even when it is considered to be useful.
Theoretically, a particular item of accounting information must only be produced if costs of providing it are less than benefits, or value, to be derived from its use. Figure demonstrates relationship between the costs and value of providing extra accounting information.
Figure: Relationship between costs and the value of providing additional accounting information
1. What will be the value of every of these bonds when the going rate of interest is 4%? Suppose that there is only one more interest payment to be made on Bond S. Round your answe
Powers of trustee (A) Of his own initiative, he may: 1. Sell and transfer any part of the bankrupt's property; 2. Gives receipts for money received; 3. Take all n
Cashflows from financing activities Financing activities are those activities that will lead to either an increase or decrease in shareholders funds and long-term liabilities.
Remedies available to beneficiary 1) Injunction - to prevent unauthorised action by trustees; 2) Personal action - a trustee is only liable for his own acts and defaul
Fully secret trusts This is where neither the existence nor the terms of the trust are disclosed in the will. The trust will be enforced only if the following conditions are
i have project on "cengagebrain" for framework class. its pretty long
assets&what are the different type of asset
Question: Airways Catering prepares dinner for several airlines, and sales average 500,000 dinners per month. The cost of each dinner is made up principally of the cost of meat
question 5 chapter 5
Describe the concept of full cost recovery with illustrative examples.
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