Generally Accepted Accounting Principles are a. theories that are based on physical laws of the universe. b. principles that have been proven correct by academic researchers. c. income tax regulations of the Internal Revenue Service. d. standards that indicate how to report economic events
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Generally Accepted Accounting Principles are a. theories that are based on physical laws of the universe. b. principles that have been ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Jacque solis, a 38-year-old, is leaving her current job and would like to take a long vacation before a new job. she has $58,000 in a qualified plan that she would like to live on during this period.
Answers (1)
The sources of quantitative standards include a. historical experience. b. historical experience, engineering studies, and input from operating personnel. c. input from operating personnel. d. engineering studies. e.
Answers (1)
During the current tax year, Paul came down with a serious illness. Paul's uncle paid many of Paul's expenses during the period of rehabilitation. For tax purposes, how are Paul's mortgage interest and real estate property taxes handled?
Answers (1)
Explain how the amount of a down payment affects your monthly mortgage payments.
Answers (1)
Assume that you are a male salesperson. What advice does the text give you about the length of your hair? a. Wear your hair long to show an optimistic outlook on life. Use hair styling products to maintain a stylish appearance. b.
Answers (1)
New Questions in Business
Ivanhoe Company acquired 30% of the outstanding common stock of Grindelwald Inc. on January 1, 2022, by paying $1,170,000 for 39,000 shares. Grindelwald declared and paid a $1 per share cash dividend on June 30 and again on December 31, 2022.
Answers (1)
Revenues for United Parcel Service (UPS) come from the following business segments: 61 percent from U. S. package delivery operations, 22 percent from international package delivery, and 17 percent from non-packaging operations.
Answers (1)
plans to retain and reinvest all of its earnings for the next 30 years. beiginning in year 31, the firm will begin to pay $12 per share dividend. the dividend will increase at a 6% rate annually thereafter.
Answers (1)
Setting a price for the product or service is one element of the marketing mix. a. True b. False
Answers (1)
Economic questions always deal with: A. financial matters. B. political matters. C. insufficient resources. D. choice in the face of limited resources.
Answers (1)