Which of the following are the rights of agents: A Right of subsidy; right of support B Right of endowment; right of appropriation; right of contribution (C Right of remuneration; right of indemnity and reimbursement; right of lien Right of investment and interest

Q: What is the purpose of valuation in terms of voluntary assessment?

A: Every organization needs to know the worth value of its assets, business or company.  In other words…

Q: Which of the following elements represents an economic resource? B . Liability.

A: The variables being used to manufacture products or provide services are economic assets. That is to…

Q: what are the Processes and/or technologies which are or could be incorporated in the expenditure and…

A: Both Revenue and Expenditure cycles are the key components in controlling the cash flows of an…

Q: Compensation income may be in the form of monetary or in-kind benefit. a.true b.false

A:

Q: Describe how monies received by an organization functioning as an agent, trustee, or intermediary,…

A: Contribution: The term "contribution" refers to an act or money made for a specific cause. It is a…

Q: increases the Employee Benefit Expense?

A: Employee benefit expense means Benefits/Compensation provided to the employee other than by way of…

Q: What is meant by a taxpayer's 'preservation age' and a 'condition of release', why are these…

A: Here discuss about some term related with the taxpayers which are important to get avail the…

Q: For which of the following does IFRS for SMEs not provide a simplification of full IFRS?a.…

A: IFRS for SMEs: The majority of companies are non-traded company. These private companies are called…

Q: What is the difference between an enterprise fund and an internal service fund?

A: Fund: It can be defined as a sum of money that is made available or kept aside for a specified…

Q: how do i calculate the goodwill and the charitable contribution?

A: Charitable contribution is the contribution which has been made by the company during the year and…

Q: When it comes to accounting for investment property, which of the two models may an organization…

A: This question tells about accounting for investment property:

Q: a present obligation?

A: Given: To explain the economic resource and the present obligation as,

Q: Define benefit corporation (B-Corp)

A: Benefit corporation:  A benefit corporation is a kind of for-profit corporate organizations,…

Q: Distinguish between tangible and intangible benefits.

A:

Q: In what way is compensation similar to payment? Explain each by giving examples or cases that you…

A: Compensation :  It a payment given in exchange of services.  It is a form of a payment. It can only…

Q: Direct Compensation coverage.

A: The determinants of direct financial compensation can be classified into two categories, external…

Q: This cost is associated with the contracts and non-competes necessary to retain talents. Tax Shield…

A: A non-compete contract is a legally enforceable contract. It is a contract  between the company and…

Q: From the following identify the cost that is not a cost of PPE? Professional fees Nonrefundable…

A: A company's physical or tangible long-term assets having a life of at least one year are referred to…

Q: Distinguish among the vested benefit obligation, the accumulated benefit obligation, and the…

A: Vested benefit obligation (VBO) VBO is obtained as the present value of the benefit obligation which…

Q: Explain oF preparing what are the costs the Financiad inform

A: Financial reporting is the transmission of a commercial enterprise's published financial statements…

Q: Distinguish between a joint product and a byproduct ?

A: Explain the difference between a joint product and a by-product. When the production process of the…

Q: The funds allocated to products and services used to satisfy citizens' needs are classified as…

A: Solution: Government spends money from its treasuries to fulfil various needs for people in economy.

Q: The measurement of defined benefit cost is usually made by a trustee.    a. TRUE   b. FALSE

A: A defined-benefit plan is an employer-sponsored retirement plan in which employee benefits are…

Q: Define Vested benefits.

A:

Q: Describe the major difference and the major similarity between the vested benefit obligation and the…

A: Differences:   The actual present value obligation of the pension that is payable to the employee is…

Q: Retirement programs, unemployment benefits, financial aid and other expenses that involve transfers…

A: Transfer of money refers to the movement of money from one individual or entity to another, without…

Q: (a) Explain the following: O The difference between a defined benefit plan and a defined…

A: As per our protocol we provide solution to the one question only but as you have asked multiple…

Q: S1: Under a defined contribution plan, the amount of a participant’s future benefits is determined…

A: As per IAS 26 Accounting and Reporting by Retirement Benefit Plan the two given statements are of…

Q: Describe the Enterprise Fund's disclosure requirements. Describe how the inclusion of this…

A: An enterprise fund identifies the overall direct and indirect expenses of assisting and the sources…

Q: What is the procedure of the determination of economic service life?

A: Determination of economic service life: Capital costs and the costs of operating and running an…

Q: What is the amount of the plan assets available to pay benefits? What are the factors that can cause…

A:

Q: Non cash consideration received from customer should be:

A: GIVEN    Noncash consideration should be IS

Q: A right of use asset is initially measured at costs and subsequently measured using the  A. Cost…

A: An asset is the resource owned by the company for using it in the future.

Q: What is the difference between a contribution- and a benefit-orientedretirement plan?

A: Defined contribution plan is a retirement plan which gives an option for the employees to grow tax…

Q: Explain the phrase "Expenditure on social responsibility is actually an investment".

A: INVESTMENT: It is a return that generates growth. Expenditure: It is a cost reduces growth.…

Q: The amount due from or at the direction of the grantor is accounted for by the operator from the…

A: When the operator recieves a financial asset from the grantor, it is measured at fair value.

Q: The measurement of defined benefit cost is usually made by a trustee.  True or false?

A: Defined-benefit plan: It is an Employer-Sponsored Retirement Plan in which employee benefits are…

Q: Define each of the following terms:a. Lessee; lessor

A: Lessee is a person who holds lease of a property or he is the person who has given  the property On…

Q: What characteristics make a good or service a performance obligation?

A: Performance obligation: Performance obligation is the promise made by the seller to supply the goods…

Q: Which of the following is considered not a Capital expenditure? a. Training costs b. Delivery costs…

A: Lets understand the basics. As per IAS 16 "Property, plant and equipment", initial cost for PPE…

Q: Be able to calculate outside basis (or sometimes called Partner Basis) on contribution.…

A: "Since you have posted a question with multiple sub-parts, we will solve the first 3-sub parts for…

Q: What are some examples of industries that falls under Public sector?   What are some examples of…

A: Public sector companies are those where more than 50% of shares are held by Government. Private…