What is a purpose of having a conceptual framework?
A. To enable the profession to more quickly solve emerging practical problems and to provide a foundation from which to build more useful standards.
B. To make sure that economic activity can be identified with a particular legal entity.
C. To segregate activities among different companies.
D. To provide comparable information for different companies.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is a purpose of having a conceptual framework? A. To enable the profession to more quickly solve emerging practical problems and to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Bay Company acquires 60, 8%, 5 year, $1,000 Community bonds on January 1, 2017 for $60,000. Assume Community pays interest on January 1 and July 1, and the July 1 entry was done correctly.
Answers (1)
On August 31, Year 1, the general ledger of a company shows a balance for cash of $7,844. Cash receipts yet to be deposited into the checking account total $3,238, and checks written by the academy but not yet processed by the bank total $1,325.
Answers (1)
A track coach wants to test the effectiveness of a new training program for distance runners. he selects his two fastest runners and, using a coin flip, randomly chooses one to participate in the new program.
Answers (1)
The U. S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U. S. by a foreign car manufacturer to be sold in the U. S. What type of tax is the U. S. government imposing?
Answers (1)
Businesses that guard their brand names are usually in the business group known as
Answers (2)
New Questions in Business
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition new ways of pleasing customers taking advantage of economies of scale regulatory
Answers (1)
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $480,000, and direct labor costs to be $240,000.
Answers (1)
Samuel is working on his annotated bibliography. While writing his annotations, he copies and pastes materials from his sources into his annotations without using quotation marks. This is
Answers (1)
Vanessa's snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get someone from the Maintenance, Installation and Repair Pathway of the Manufacturing career cluster to fix the issue.
Answers (1)
You can save $3,000 per year for the next five years in an account earning 8 percent per year. how much will you have at the end of the fifth year if you make the first deposit today? (do not round intermediate calculations.
No Answers