hy should the stakeholders be interrelated with each other?

Q: What is the importance of Reconciliation

A: Reconciliation:   It is an accounting process to calculate the correct balance of all accounts. This…

Q: What does vertical analysis try to reveal

A: The comparative study of financial line items of an income statement or a balance sheet is generally…

Q: Describe stakeholder orientation at REI.

A: Introduction: A stakeholder is a person that has an interest in a company and has the ability to…

Q: How can data analysis be used to identify stakeholders?

A: Stakeholder analysis involves the study of identifying, collecting, and analyzing data on different…

Q: How does the external analysis affect other components of the strategic management process?

A: Setting objectives, examining the competitive environment, studying the internal organization,…

Q: what is the Social-ethic audit?

A: The social work ethics audit is a method for social workers to evaluate ethical questions in a…

Q: Can responsibility be delegated? Explain?

A: No,authority can be delegated but responsibility is absolute and cannot be delegated.

Q: What is the meaning of anchoring in negotiation

A: Negotiation refers to having a conversation where two or more parties attempts to agree at a common…

Q: Which standards apply to consulting engagements?

A: Certified Public Accountant (CPA): It is a position which is provided to the person who passes the…

Q: Explain the qualitative factors in decision making.

A: Qualitative factors are a result of definite actions that are complicated or impossible to…

Q: ) Explain what an eth where individuals w project.

A: Ethical dilemma refers to the concept when an individual has faced with a dilemma to make the…

Q: can facilitate the generation and implementation of new and useful ideas' . Discuss.

A: Organizational structure refers to how individual and team work within an organization are…

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: Define and explain the significance of the term CMA.

A: Certified Management Accountant (CMA): CMA stands for certified management accountant. CMA…

Q: a.What is the IPSASB and reason(s) it was established?  b.What are the objectives of the IPSASB?

A: Accounting standard refers to the common set of rules, regulations, principles, and procedures that…

Q: what is the purpose of the conceptual framework?

A: The conceptual framework is comprised of six Financial Accounting Concepts statements that serve as…

Q: What are stakeholders? How do the three primary stakeholder groups influence organizations?

A: The primary motive for which an organization functions is to have profits. Profit calculation is…

Q: What is the objective of having a conceptual framework?

A: Conceptual framework means set of rules and guidelines that help the users and preparers in…

Q: Who are stakeholders?

A: Stock: It refers to a security issued in a form of certificate. It implies the right of ownership of…

Q: What are the strengths and weaknesses of the participatory process(es) with engaging stakeholders in…

A: Stakeholder engagement is the method through which an organization includes people who may be…

Q: How are management’s actions incorporated in EVA and MVA? How are EVA and MVAinterconnected?

A: Economic added value (EVA) is a measured cash-deductible reduction of capital costs of a firm's…

Q: What is the cause of the agency problem and how do we try to solve it?

A: Agency Problem:  An agent is a person who acts on behalf of another person. An agent should always…

Q: In general, relevant information possesses which qualities?

A: Relevance is an important characteristic of accounting information. It refers to how helpful the…

Q: What is meant by each of the following potential characteristics of information: relevant, accurate,…

A:

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

A: Answer

Q: What standards govern Review engagements?

A: Audit means independent examination of books of accounts or financial information  so so as to…

Q: key internal and external stakeholders

A: The internal stakeholders of a company are listed as below: Employees, Managers, The board of…

Q: Answer the following questions. (a) Who are the stakeholders in this situation? (b) What are the…

A: a) The stakeholders are those people who have a interest in the business. They can affect or get…

Q: What role do synergies play in negotiation and does it imapct the end result?

A: Synergies create more worth than the sum of their parts separately. In other words, this is the…

Q: What is the SEC and what role does it play?

A: SEC stands for Securities and Exchange Commission. It is an agency of United States, which is a…

Q: Distinguish between responsibility, authority, and accountability.

A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…

Q: What makes information relevant to decision making?

A: The information that is essential to occur in the future and is different from the identified…

Q: What is SAVANT Framework and what do you understand about it?

A: SAVANT stands for strategy, anticipation, value-adding, negotiating, and transforming. It was…

Q: Distinguish between participating or nonparticipating?

A:

Q: Why are the realization and matching principles important? Only the importance

A: Accounting principles: These are the assumption, concepts, and guidelines necessary to prepare and…

Q: . What is the economic and political environment in which standard setting occurs?

A: Definition: Accounting is primarily concerned with identifying, recording, measuring, summarizing…

Q: What are the components of relevant information? What are the components of faithful representation?

A:

Q: Why are the realization and matching principles important?

A: Accounting principles: These are the assumption, concepts, and guidelines necessary to prepare and…

Q: Distinguish between organisational types. Identify their key stakeholders and evaluate their need…

A: An organizational structure is that outline system where certain activities are directed in that…