Standards that can be attained with reasonable effort are called standards. O a. ideal O b. normal O c. theoretical O d. adjusted

Q: determine the initial recognition, initial measurement, and subsequent measurement ofbonds;

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A: Action control refers to controlling activities within an organization to achieve the desired…

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A:

Q: Define due diligence

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A: First In, First Out (FIFO): First in, first-out (also known as FIFO) is an asset-management and…

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A: An error of principle is an accounting mistake in which an entry is recorded in the incorrect…

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A: It places a base gainfulness prerequisite on the discount rate, or MARR, which a venture or…

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A: Definition of Sacrificing Ratio:Sacrificing ratio is the ratio where the old partner give their…

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A: Choosing appropriate benchmark is very important for evaluation of performance of the portfolio.

Q: Distinguish between a product’s quality of design and its quality of conformance.

A: Quality of the product is the ability of a product or service to consistently meet or exceed…

Q: Explain the difference between setting ideal standards and setting reasonably achievablestandards.

A: Definition: Note: Ideal standard denotes the setting ideal standards and normal standard denotes…

Q: A standard which represents an efficient level of performance that is attainable under expected…

A:

Q: -Accurate -Clear Factual LUnbiased

A: Factual does not apply to the term "true or fair".

Q: Discuss the differences between the attest function and advisory services.

A: An attest service, or consulting service is an associate freelance review of a company's financial…

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A:

Q: Explain the meaning of the following terms: markup,additional markup, markup cancellation, net…

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Q: This focuses on what happens. a. Technical analysis b. Fundamental analysis c. Both fundamental and…

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Q: based on the above exercice - On the basis of the data provided at question 6, calculate your…

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A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

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A: The attribute of good information are: Accuracy Completeness Consistency Uniqueness Timeliness

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Q: Differentiate between fundamental and technical anomalies.

A: Market anomalies are exceptions to the hypothesis theory of market efficiency.

Q: This type of standard can be achieved under efficient operating conditions where allowance is made…

A: Normal standard - This standard represents the efficient level of performance that is attainable…

Q: The following are qualitative characteristics of presentation, except O Uniformity O…

A: Uniformity- It is the quality of being homogeneous.  Understandability-The information must be…

Q: efine the term materiality and explain why it may be d

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Q: fine the matching and realization princ

A: Accounting principal or standards are the principles and rules that organizations should follow when…

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Q: Distinguish between ideal and practical standards.

A: There are 4 types of standards in accounting namely, 1. Ideal 2. Normal 3. Basic and 4. Practical…

Q: Distinguish between technical analysis and fundamental analysis, highlighting assumption in each…

A: Technical analysis is a widely used concept in finance. It uses various charts and graphs to analyze…

Q: Difference between ideal standard and attainable standard

A: Ideal standard are those standards which can not be achieve under normal circumstances.  On other…

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

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A: CONCEPTUAL FRAMEWORK DESCRIBE HOW THE INFORMATION SHOULD BE PRESENTED AND DISCLOSED IN FINANCIAL…

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A: A account balance or a transaction is said to be material if misstatement of such account or…

Q: Explain the measurement attributes employed in GAAP.

A: The measurement attributes employed in GAAP are as follows: Historical Cost Net Realisable Value…

Q: Types of cost for quality are : (a ) Appraisal Cost (b ) Prevention Cost (c ) Appraisal Cost  (d…

A: Answer: The cost of quality is the cost that is incurred to maintain the cost of product. Types of…