The Investment in Branch is presented as: Group of answer choices Equity of the home office Asset account of the home office Liability of the home office Contra-liability account of the home office
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- Give a detailed explanation of the following standards. 1. IAS 28 Investment in Associates 2. IFRS 11 Joint ArrangementsOrganizational charts ________. Group of answer choices list the salaries of all employees outline the strategic goals of the organization show the structure of an organization help management measure financial performanceThe primary objective of financial accounting is Group of answer choices A. to serve the decision-making needs of the company’s management. B. to determine whether to build, buy or rent a building. C. to provide financial statements to help external users analyze and interpret an organization’s activities. D. to provide information on the costs and benefits of producing a new product.
- Explain the following: a. Regional Operating Headquarter b. Branch Profit Remittance TaxOrganizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performanceIn a centralized organization, where are goals established? A. at the lower level of the organization and promoted upward B. outside the organization based on best practices in the industry C. by each segment of the organization D. at the highest level of the organization and promoted downward
- PLEASE ANSWER ALL 10. Which of the following does the planning function involve?a. Analyzing financial statementsb. Setting goals and objectives for an entityc. Hiring the right people for a particular jobd. Coordinating the accounting information system 11. The ethical standards established for management accountant are in the areas ofa. Competence, licensing, reporting, and education.b. Budgeting, cost allocation, product costing, and insider trading.c. Competence, confidentiality, integrity, and objectivity.d. Disclosure, communication, decision making, and planning. 12. Management accountinga. Must follow generally accepted principles.b. Information should be developed within the same general accounting system asfinancial accounting.c. Deals primarily with the needs of parties external to the firm such as investors and creditors.d. Is just another financial term.26-Financial report provides information which helps the users to make decisions about. a. Changing the management of the entity b. Buying the entity c. Providing resources to the entity d. Selling the entitySuggest an appropriate activity base (or cost driver) for each of the following organizations: (a) hotel, (b) hospital, (c) computer manufacturer, (d) computersales store, (e) computer repair service, and (f) public accounting firm.
- Identify and explain TEN (10) technological advancement that will be able to assist theroles of accountants post Covid-19Which among the following is an example of routine report submitted to the management? a. Report on technological changes in the industry b. Report on general economic forecast c. Feasibility study for a new business plan/project d. Sales reportCan you give me personal SWOT MATRIX ANALYSIS of a college student. Specifically an accounting management student. S- Strengths W- Weakenesses O- Opportunities T- Threats SO (Strengths-Opportunities) Strategies ST (Strengths-Threats) Strategies WO (Weaknesses-Opportunities) Strategies WT (Weaknesses- Threats) Strategies
