. What is the economic and political environment in which standard setting occurs?

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 threats to independence?

A: Given below are the seven threats to auditor’s independence:   Self-review threat: It occurs when…

Q: Describe stakeholder orientation at REI.

A: Introduction: A stakeholder is a person that has an interest in a company and has the ability to…

Q: What are some recent trends regarding absolute versus relativepriority doctrines?

A: The priority rules are methods of making payments to the creditors and shareholders in case of…

Q: How do  Negotiable Instruments work?

A: A negotiable instrument is a signed document that offers a specific person or the assignee a…

Q: What is a primary market?

A: Financial Markets refer to the place where financial assets or securities are being created,…

Q: What are the most important functions of the investment committee?

A: Investment committee is established by the organization for the purpose of making decisions related…

Q: What are the goals of the SEC?

A: Securities and Exchange Commission (SEC): SEC is a governmental agency that has the legal power, for…

Q: What is Eurobond?

A: Eurobond It is a debt instrument that is designated in money other than the nation's home cash or…

Q: What is decision-making? What are the factors that influence individual decision-making?

A: Decision making: The ability to make a decision regarding a project, employee, and organizations it…

Q: Explain the politics in standard setting.

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: What are “participation rights”?

A: Convertible securities: Convertible security is a security that has the potential to be converted…

Q: How fair value measurement?

A: Fair Value In Accounting term Fair Value means the recognition of amount which are actually value…

Q: How do the FCFE, corporate FCF valuation, and compressed APV models differ? How are they similar?

A: FCFE stands for free cash flow to equity, FCF indicates free cash flow to the firm and APV refers to…

Q: What are GAAP principles

A: The management of the company is the main responsible for preparing the financial statements which…

Q: What is the standard-setting body responsible for determining IFRS? How does it obtain its funding?

A: The International Accounting Standards Board (IASB) is responsible for determining IFRS. The…

Q: What are the factors in the Fama-French model?

A: The Fama-French three factor model gives a profoundly valuable instrument to recognize portfolio…

Q: What are the arguments for and against 'Stakeholder Theory'? Examine several arguments for and…

A: Stakeholder Theory is an idea about how business really works. According to it, for any business to…

Q: Are the differences between IFRS and U.S. GAAP significant? Explain

A: IFRS:-These are the International Financial Reporting Standards which followed by the companies,…

Q: What is moderate policy (current assets)?

A: Moderate policy is the policy which makes the balance between restricted and relaxed policies. It is…

Q: What is a strategic plan?

A: The question is based on the concept of Accounting Theory.

Q: What are the approaches to negotiation?

A:

Q: what does the voting rights of the Exchange mean?

A: Shareholder voting indicates the privilege given to shareholders to take part in the decision making…

Q: Why was the Sarbanes-Oxley Act developed and enacted?

A: Introduction:- The Sarbanes–Oxley Act of 2002 is a federal law in the United States that sets…

Q: What are the sources of pressure that change and influence the development of GAAP?

A: Generally Accepted Accounting Principles (GAAP): A set of accounting principles, practices and…

Q: Distinguish between primary markets and secondary markets

A: Primary-market-The primary market is the place where the new bonds, stocks, etc are sold to acquire…

Q: What are the differences between GAAP and IFRS?

A: The companies are required to follow a set of guidelines and rules in the presentation of financial…

Q: What is a social contract and how does it relate to organisational legitimacy

A: Social Contract:   Social Contract is refer as the how business interact with the society.

Q: Define the term conservatism concept.

A: Conservatism: Conservatism is an accounting assumption, it is as an approach used by the accountants…

Q: Which membership bases are categoried as current value measurement bases in the conceptual…

A: The process of determination of monetary values at which the financial statement items are…

Q: Explain Institutional Review Boards?

A: Under bureau tips, associate bunch assigned to audit and screen medicine exploration as well as…

Q: How governance can be used in the Local Governance? Give appropriate examples.

A: Governance is a system of developing and managing different policies relating to people for their…

Q: Which of the following situations is likely to represent control over an investee?

A: A limited liability company raises capital through the issue of shares. There are basically two…

Q: hy should the stakeholders be interrelated with each other?

A: Partner or stakeholder relations is the act of forging commonly helpful associations with outsiders,…

Q: How governance can be used in the International Governance? Give appropriate examples.

A: Governance seems to be the system of laws, conventions, regulations, and agencies that establish and…

Q: Differentiate between private and public markets.

A: There are two types of markets for dealing with securities like stocks & bonds. They are public…

Q: What is the fundamental difference between US GAAP and IFRS?

A: US GAAP are the generally accepted accounting principles issued by United States of America to…

Q: Define Conservatism.

A: Conservatism: Conservatism is an accounting assumption, it is as an approach used by the accountants…

Q: What are the strengths and weaknesses of infrastructure as an asset class?

A: Infrastructure as an asset is an investment in services, installations, and facilities. There are…

Q: What are the differences of the Autocratic Model, custodial Model, Supportive Model, Collegial Model…

A: An organizational behavior model is defined as the basic structure that is used to represent the…