Describe about the four enhancing qualitative characteristics?

Q: What are the enhancing qualities of the qualitative characteristics?What is the role of enhancing…

A: What are enhancing qualities? Classifying the information based by complimenting the fundamental…

Q: Discuss the impact of different measurement choices on relevance, faithful representation,…

A: The usefulness of data produced by a measuring method is determined by how it impacts the financial…

Q: Along what two dimensions can we classifytrading procedures?

A: Trading procedures: It is the methods and available venues from where trading (Buying and selling of…

Q: How should one establish performance measurements? And how can they be aggregated?

A: Business Sustainability: Business sustainability is increasing the business worth for a long term,…

Q: What are the three most common forms of responsibility centers?

A:

Q: Contrast and compare four qualitative characteristics identified by the IASB and qualitative…

A: The qualities that make financial statement information useful to users are referred to as…

Q: Write the six of the key input variables. of sensitivity analysis?

A: Sensitivity is a change in volume, sales, cost, so on. The 6 of the input variables of sensitivity…

Q: Describe the benefits of benchmarking.

A: Benchmarking is a way to measure something in corporate environment, it is also used to promote…

Q: Identify and explain five criteria by which a taccounting heory may be evaluated?

A: The accounting theory is considered as a branch of accounting that consists of all the set…

Q: Answer of the following question related to these characteristics and constraints. In general,…

A: Relevant information is data that can be applied to solve a problem. The relevance concept can mean…

Q: What is meant by the term activity analysis? Give three criteria for determining whether an activity…

A: Activity analysis: It is the complete classification and description of the activities performed in…

Q: Neutrality of information in the fi nancial statements most closely contributes to which qualitative…

A: The qualitative characteristic of the financial information refers to that attribute of the…

Q: What are two objectives that enable reports to be considered useful?

A: Report: It can be defined as the document that assists the users and the management in providing…

Q: explain the specific identification approach

A: Introduction:   Inventory valuation is an accounting practice used by businesses to determine the…

Q: Describe the critical factor in evaluating whether a performanceobligation is satisfied.

A: Performance Obligation: Performance obligation means a promise to transfer goods or services.

Q: What is one objective of an appraisal program? a. having tho

A: What is the one Objective of an appraisal program ? a. having the employee feel more valued  b.…

Q: Discuss and differentiate fundamental, technical and quantitative analysis.

A: Financial analysis is referred as the process of evaluating the businesses, budgets, and projects,…

Q: Describe techniques of comparative analysis.

A: Comparative analysis of a financial statement helps the potential investors and stakeholders to…

Q: What are the four perspectives of the balanced scorecard? Briefly describe each.

A: Four perspectives of the balanced scorecard are: 1) Financial perspective: It is a financial…

Q: Define Correlation as a concept

A: Introduction: Usually for any two variables, the change in one variable allows us to forecast change…

Q: Explain the purpose and identify the building blocks of analysis.

A: Financial analysis is the analysis of the financial statements to analyse a entity’s performance and…

Q: To be useful, information must have which of the following fundamental qualitativecharacteristics?a.…

A: To determine the useful information must have the following fundamental qualitative​characteristics…

Q: Which qualitative characteristic is an ingredient of relevance? O understandability O materiality O…

A: Answer

Q: EXPLAIN THE RESULT OF EACH ITEMS

A: Balance sheet is the statement of assets, liabilities and equity which means the value of the these…

Q: Define OEM and EOM? Give three differences between them?

A: Original Equipment Manufacturer (OEM):An original equipment manufacturer is referred to as a company…

Q: What three types of objectives are the focus of internalcontrol?

A: Definition: Internal Control is a procedure that provides reasonable assurance that material…

Q: define the following relevance, reliability,comparability, verifiability and understandability

A: There are some qualitative characteristics which accounting information should possess while…

Q: Name the assumption relates to the qualitative characteristic of timeliness? Explain it.

A:

Q: Which qualitative characteristic is an ingredient of relevance? a. Verifiability b. Timeliness c.…

A: As per general accounting principal, financial statements of an entity should be true and fair. In…

Q: In your opinion what are the three most important areas to use when benchmarking?

A: Benchmarking is the technique to compare the business's product, practices, and services of the…

Q: What are the three i nancial measurements necessary to adequately measure a firm’s performance?

A: the three financial measurements necessary to adequately measure a firm's performance are: net…

Q: Give an example of each of the following: a quantitative basis for making a decision and a…

A: Solution- Decision making in Excel can be both Quantitative and Qualitative based. But It can be…

Q: Think of two [ of your ] real life examples about objective principle

A: Objective Principles Define As Follow.

Q: What are four key perspectives in the balanced scorecard?

A: