true or false: public us companies are not allowed to adopt the ifrs standards and must use us gaap.
Answers
The statement "public US companies are not allowed to adopt the IFRS standards and must use US GAAP" is False because the US Securities and Exchange Commission (SEC) has allowed companies to voluntarily adopt IFRS since 2007.
The IFRS (International Financial Reporting Standards) is a set of accounting standards created by the International Accounting Standards Board (IASB). This standard is used by businesses in more than 120 countries, including most of the European Union, in the preparation of financial statements.
US GAAP (Generally Accepted Accounting Principles) is a collection of commonly accepted accounting principles, rules, and guidelines used in the United States when preparing financial statements. It is designed to ensure that financial reporting is transparent, accurate, and consistent. However, public US companies are allowed to adopt IFRS Standards instead of US GAAP.
The US Securities and Exchange Commission (SEC) has allowed companies to voluntarily adopt IFRS since 2007. However, many US companies still use US GAAP because it is the standard required by the SEC for public companies that are based in the United States.
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Related Questions
the threat of antidumping action affects a firm by?
Answers
The threat of antidumping action limits a company's ability to use aggressive pricing to gain market share in a country. Firms in a country can also strategically use antidumping measures to limit aggressive competition from low-cost foreign producers.
What exactly does anti-dumping mean?
Anti-dumping measures. A company is said to be "dumping" a product if it exports it at a lower price than it normally charges in its home market.
Is this a form of unfair competition?
Although opinions differ, many governments take action against dumping to protect their domestic industries. Antidumping and countervailing duties are intended to compensate domestic industries harmed by unfairly traded imports by offsetting the value of dumping and/or subsidization.
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Some people argue that government should not be so involved in consumer protection. What are some arguments for and against this opinion?
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Markets function properly when consumers and corporations are both protected. Consumers must have access to reliable, unbiased information about the goods and services they choose to buy.
What do you mean by a consumer?A consumer is a person or a group that is not directly involved in entrepreneurial or business operations and who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs.
The phrase is most frequently used to describe someone who makes purchases for their own use. A consumer in an economy purchases goods or services primarily for personal use rather than for resale or for commercial objectives.
The price that consumers pay for the goods or services is followed by consumption. As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society.
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Scenario: NewTel, Inc.
NewTel is a telephone company with a policy of filling positions internally, through promotions, rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company’s 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service-oriented. As a result, four people were hired last year from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because current employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. The conflict episodes are viewed by both sides as personal attacks rather than attempts to resolve the problem.
The four new hires’ attempt to have the company put more money into marketing and customer services instead of technology investment. This is mainly an example of conflict due to:
A. role ambiguity.
B. lack of communication.
C. sequential task interdependence.
D. overt behaviors.
E. goal incompatibility.
Answers
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.
what is the impact of atm on banking sector?
Answers
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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ricardo's restaurant is currently located between two subdivisions. the restaurant has been in business for over forty years. currently, the area no longer allows any commercial activity. the zoning board ruled ricardo's may continue to operate unless it is sold, destroyed, or used for any other commercial purpose. which zoning exception applies to ricardo's?
Answers
Based on the information provided, it appears that Ricardo's restaurant is located in an area that no longer allows any commercial activity. However, the zoning board has made an exception for Ricardo's to continue operating as long as it is not sold, destroyed, or used for any other commercial purpose. This exception can be categorized as a nonconforming use or a grandfathered use.
Nonconforming use refers to a property or business that existed before new zoning regulations were put in place and no longer conforms to the current zoning requirements. In this case, Ricardo's restaurant has been in operation for over forty years, predating the change in zoning regulations. Therefore, it qualifies as a nonconforming use.
The zoning board has granted an exception for Ricardo's to continue operating, which means that it can continue its commercial activities even though commercial activity is no longer permitted in the area. However, if Ricardo's is sold, destroyed, or used for any other commercial purpose, it would lose its nonconforming use status and would no longer be allowed to operate.
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. Suppose the market for personal computers in country A is monopolistically competitive. Country A exports as well as imports personal computers from the rest of the world. After full adjustment to the opening of trade, a firm in this industry which enjoys scale economies will: A. receive a higher price for its product. B. receive a lower price for its product. C. enjoy a greater market share. D. ultimately go out of business. __________ 16. The clustering of
Answers
Answer: B. receive a lower price for its product
Explanation:
Monopolistic competition is a market structure whereby the elements of both monopoly and competitive markets are combined. In such market structure, there are many producers in the market but they're selling differentiated products.
In this case, due to the fact that there's freedom of entry and exit, there'll be more firms coming into the market due to the supernormal profit which is made at first but in the long run, a lower price will be received for goods and services as there are many sellers in the market. Therefore, a normal profit will be made.
Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
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Answer:
are a - tool - construction workers use
for which person would renting a home be a better option than getting a mortgage?
Answers
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
When prospecting, salespeople must first identify potential customers and then
A. Construct a prospect list
B. qualify their leads.
C. telephone each lead.
D. call on all prospects.
Answers
A prospect list is a list of persons who might be interested in your product offering or who might gain anything from your business's goods or services.
Answer : A. Construct a prospect list
What constitutes a prospecting strategy's first step?On the surface: How to find potential consumers for your business through prospecting
Step 1 :Define your customer as the first step.
Step 2: Access online resources.
Step 3 :Gather prospect information in step three.
Step 4: Exploit additional avenues of opportunity.
Step 5: Make contact with your prospects in step five.
Step 6: Keep following up with your prospects and hone your list of them.
Identification of prospective clients, often known as prospects, is the first step in the sales process.
Prospecting is the initial stage of the sales process. You locate potential clients in this stage and assess whether they require your good or service and whether they can afford what you have to offer.
Qualifying is the process of determining whether a customer needs your good or service and can afford it.
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During the forming stage team members meet one another and determine team goals. False True
Answers
Answer:
True
Explanation:
a contingent liability is an existing situation that might result in a loss depending on the outcome of a future event.
Answers
Answer: Uncertain or Undecided
Explanation:
PLEASE HELP!
If a company reported total sales of $59,919, cost of goods sold of $21,112, gross income of $38,807, operating expenses of $18,005 and a gross profit ratio of 65%, what was the company's operating income? (Round to the nearest dollar)
a) -$18,005
b) $20,802
c) $25,225
d) $38,807
Answers
Answer:
b) $20,802
Explanation:
Operating income, also called operating profit, is the income after deducting the operating expenses. In other words, it is gross profit minus operating expenses.
Operating expenses exclude taxes and interest.
Operating income will be calculated using the formula.
Gross profit -operating expenses = operating income
i.e,. Revenue- Costs of goods sold -operating expenses = operating income
=$59,919 - $21,112, -$18,005 =operating income
Operating income = $20, 802
Two agencies that look out for the best interests of customers are ______
• AFT and EEOC
• FDA and CPSC
• SEC and EPA
• OSHA and EEOC
two agencies that focus on protecting employees are _____
• AFT and EEOC
• FDA and CPSC
• SEC and EPA
• OSHA and EEOC
Answers
Two agencies that look out for the best interests of customers are AFT and EEOC. Two agencies that focus on protecting employees a FDA and CPSC. The answer is OPTION A&B.
Diversity is the expression of human qualities in other people and groups that are distinct from our own and those to which we belong. These rules guard against discriminatory treatment on the basis of racial, ethnic, religious, gender, sexual orientation, pregn-ancy, national origin, age (40 or older).
Disability, or genetic information for both employees and job seekers. The Equal Employment Opportunity Commission is a federal administrative body with the power to enforce anti-discrimination rules in the workplace. The 1964 Civil Rights Act.
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identify two example of how products might be promoted directly to customer using the internet
Answers
Answer: ads while watching tv
Explanation:
With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Question 1 master help!
Answers
match each type of area with the correct level of housing prices?
URBAN
EXURBAN
SUBURBAN
LOW HOUSING PRICES
MEDIUM HOUSING PRICES
HIGH HOUSING PRICES
Answers
Answer and Explanation:
The matching of the area with the level of housing prices is as follows
Urban = High housing prices
As urban refers to that area in which there is a large population so of course the prices of the houses are high
Exurban = Low housing prices
The exurban is located in the rural areas in which there are less populations as compared to sub
Suburban = Medium housing prices
In this the population is more than the exurban
How does the circular flow model represent the interactions between households and firms?
Answers
The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for commodities and the market for products and services—is depicted by the circular flow model.
The approach demonstrates how businesses and households can benefit from each other.
What three categories of economic decisions are there?Economic decisions affect the production, trade, distribution, consumption, saving, and investment of economic resources. The objectives of individuals, private organizations, and society at large are served by economic decisions.
Free market, command, and mixed economies are the three primary types. Command and free-market economies; mixed economies combine the two. Both people and corporations are free to choose their own economic course. All national economic decisions are made by the state's central authority.
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Checking accounts are good for the money you'll want to access for ordinary daily purchases and monthly bills. True or False
Answers
Answer:
I believe this statement is true.
severely affecting the health of miners, workers and surrounding communities.
Answers
Mining operations can have detrimental effects on the well-being of miners, workers, and communities living in close proximity.
The process of mining can result in environmental contamination through the release of harmful substances such as heavy metals and chemicals, which can contaminate water sources and pose health risks to nearby communities. Additionally, the dust, noise, and vibrations produced during mining activities can lead to respiratory issues, hearing loss, and other health complications for both workers and residents in the vicinity. Furthermore, the use of heavy machinery and explosives increases the potential for accidents and injuries among workers and nearby communities. To mitigate these risks and safeguard human health and the environment, it is imperative to enforce stringent regulations and implement robust safety measures in mining operations.As a result, implementing stringent regulations and safety protocols becomes imperative in order to mitigate these risks effectively and safeguard the well-being of individuals and the environment.
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Tiko was approved for a credit card with a limit of $10,000. What would experts recommend that Tiko keep his balance below?
$1000
$5000
$8000
$3000
Answers
Answer:
usually for good credit most people advise that you spend 33% or less of your total credit line. Some say you can go up to 50% but I would recommend to build the best credits you should probably give his balance of $3,000 or less
Answer:
D
Explanation:
3000 or less
What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answers
Answer:
A
Explanation:
because they are good
unbanked is a term for people who:
a. have a current relationship with a bank or credit union, but still use alternative financial services.
b. do you know use all the products or services a bank or credit union provides.
c. do not have a current relationship with a bank or credit union.
d. preferred credit unions to banks.
Answers
Answer:
B:do u know use all the products or services a bank or credit union provides.
Explanation:
I know it because the rest of them dont sound right:/
PLEASE HELP ME I WILL GIVE BRAINLIEST
Answers
Answer:
a supply chain managers. thanks
Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answers
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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An ad for Running Shoes Inc. states that its products are "The Athlete’s Choice." Because of this ad, the Federal Trade Commission is most likely to issue?
a. a cease-and-desist order.
b. a counteradvertising order.
c. a restitution order.
d. none of the choices.
Answers
If an ad for Running Shoes Inc. states that its products are "The Athlete’s Choice," because of this ad, the Federal Trade Commission is most likely to d. none of the choices.
What the Federal Trade Commission would doIf a business entity labels its products which in this case are running shoes, then it cannot take any of the actions labeled above. This phrase is simply meant as a catchphrase that will get the buyers interested or appeal to their desire f being athletes.
So, they will not be issued a cease-and-desist order or restitution order.
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Describe your business/Overview
Answers
Answer:
The business overview is a component of a business plan that provides a general explanation of your company. By reading this section, the audience learns about your company and its structure, values, mission and offerings. It can also demonstrate what makes your company unique from competitors.
3. Of the following provisions that might be found in a bond indenture, which would tend to reduce the coupon interest rate on the bond in question?
a
A subordination clause in a debenture.
b
A call provision.
c
A convertible feature.
d
Having relatively few restrictive covenants.
e.
All of the above.
Answers
The bond in question's coupon interest rate would typically be reduced by a convertible feature.
Define the term "convertible feature"?An asset that can be changed by the shareholder into common stock is known as a convertible, which can be a bond, preference share, or other type of financial instrument. Convertible securities aren't considered to be either debt or equity; rather, they're viewed as a cross between the two groups because they have the cash flow characteristics of both bonds and stocks.
What distinguishes a convertible bond from other bonds?An investment that may be converted into a predetermined number of shares of common stock is known as a convertible bond. It pays fixed-income interest payments. During the bond's term, the bond can be converted into stock at precise points at the bondholder's option.
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To help farmers and workers in developing nations secure trade deals is known as:
A. Real Trade
B. Domestic Trade
C. Fair Trade
Answers
Individuals with the primary responsibility for administering the systems that house the information used by the organization perform the ____ role.
Answers
Answer:
"System administrators" is the right approach.
Explanation:
The system administrator seems to be an entity that maintains or operates a multi-standard technology environment and ensuring that Its resources and operating structures operate consistently and optimally. It has been used throughout the broad organization to identify each administrator concerned for such a specialized IT system, including one which services servers.