Business, 27.06.2019 20:40 lolomgwtfnvm4
Referring to the qualitative characteristics of accounting information, indicate the fundamental characteristic (relevance or representationally faithful) and its related attribute ( confirmatory value, completeness, materiality, neutrality, or predictive value) for each of the following uses of accounting information. a. this year's reported earnings per share is $.50 below analysts' forecasts.-relevance and confirmatory valueb. potential creditors review a company's long-term liabilities footnote to determine that entity's ability to assume additional debt. - faithful representation and completec. a corporation discloses both favorable and unfavorable tax settlements.-faithful representation and neutrald. a company discloses the write-off of an accounts receivable. the receivable due from a major customer accounts for 35% of the company's current assets. -relevance and materialitye. a financial analyst computes a company's five-year average cost of goods sold in order to forecast next year's profit margin.-relevance and predictive value
Answers: 3
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
Referring to the qualitative characteristics of accounting information, indicate the fundamental cha...
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