carrying value of the investment at the end of the year 2019?

Q: Explain the political cost hypothesis of Positive Accounting Theory.

A: Positive accounting:   It is referred to as the branch of accounting research that helps to explain…

Q: distinguish between conservative and aggressive accounting;

A: Accounting is the process through which financial statement are recorded, analyzed, summarized and…

Q: Accounting risk: types, explanations and examples

A: Accounting risk refers to the potential for errors, inaccuracies, or misstatements in an…

Q: What is the use and purpose of Financial Performance Measures and Non-financial Performance…

A: Although financial indicators are vital for performance evaluation, many businesses utilize a…

Q: ality

A: XBRL is a global not-for-profit collaboration that governs an open international standard for…

Q: Explain the importance of financial ratio analysis as a tool of appraising project

A: Company would be comparing the performances on a regular basis at the end of year or at the end of…

Q: What data points are necessary for developing an accurate financial statement? Define the terms

A: Financial statements are formal records of a company's financial activities and performance over a…

Q: evaluate financial statements to assess organizational performance using a range of measures and…

A: Financial statements are official records of a company, an individual, or another entity's financial…

Q: Discuss the relationship of accounting information with the Efficient Market Hypothesis (EMH)

A: Accounting information is a wider term, it includes all financial information of the firm. It is…

Q: Explain the relationship between the Cost Management System and the Financial Accounting System

A: Point of Differences Financial Accounting System Cost Management System Meaning…

Q: What are the main advantages of each of the main approaches (methods) of branch accounting

A: 1. Branch accounting is a bookkeeping system in which separate accounts are kept for each branch of…

Q: How does customer Satisfaction relate to management accounting? Give a practical example.

A: Customer satisfaction and management accounting are intrinsically connected in the corporate sector.…

Q: Describe an accountant’s role Systems Development Life Cycle (SDLC)

A: System Development Life Cycle (SDCL):   The system development life cycle is a set of series or…

Q: Identify the trends impacting management accounting and discuss the implications for management…

A: The objective of the question is to identify the current trends that are impacting management…

Q: explore the limits of financial statements and how they might be improved

A: Here is Answer :

Q: The IFRS Framework distinguishes between enhancing qualitative charactensticS and fundamental…

A: The correct answer for the above question would be B). Understanding and comparability

Q: explain in details financial management cycle

A: The financial management cycle represents the cycle for the management of the finance of the…

Q: Explain the objective of Financial Reporting

A: Financial reporting is an accounting practice where the organization discloses the financial results…

Q: explain how the idea of value creation under stakeholder theory differs from that under positive…

A: Here discuss about the details of the difference between the stakeholders theory with the positive…

Q: what type of decision-making process is supported by management accounting

A: Type of decision-making process is supported by management accounting will be explained:

Q: Discuss the importance and differences of liquidity, solvency and profitability.

A: Liquidity is the ability to turn an asset into cash or cash equivalent with ease. Solvency is the…

Q: What is the primary purpose of a cost center? A) To generate revenue B) To control cost C) To manage…

A: In a centralized environment, control moves from task control to results control. In a task control…

Q: Describe the decision making process in management accounting.

A: The decision-making process includes a series of steps which are followed in making a decision for…

Q: Explain whether the cost of accounting systems primarily support internal or external reporting

A: Cost Accounting System: Cost accounting system can be defined as a framework designed by the…

Q: Explain the objectives of financial reporting.

A: Financial reporting: Financial reporting is the procedure used to communicate the information…

Q: Why financial analysis is made for evaluation of a system? How is it useful in design?

A: Financial analysis is a process where monetary based transactions such as capital projects,…

Q: Analyze the disadvantages of financial performance measures and the advantages of non

A: Disadvantages of financial performance measures  1 They indicates short term performance measures. 2…

Q: "In management accounting, the timeliness of information is more essential than the accuracy of…

A: Introduction: Management accounting is the process of identifying, quantifying, analyzing, and…

Q: What exactly is management accounting, in your own words? What is the significance of management…

A: HERE IS ANSWER:

Q: Why management accounting practices is important in conducting turnaround program?

A: Accounting is a science of keeping the business record in a regular and most systematic manner, so…

Q: What is the key feature of activity-based responsibility accounting? Briefly explain.

A:

Q: ompare and contrast the financial management in the traditional view and in the modern approach

A: The traditional approach The traditional approach to the finance function relates to the initial…

Q: What is the best valuation that would help financial managers to achieve high quality accounting…

A: Accounting standards are the common set of principles, procedures, and standards. These standards…

Q: termediate goods in manage

A: In the context of management accounting, intermediate goods are products that are not quite finished…

Q: Flexibility is one of the principles of an efficient and effective accounting information system!…

A: The accounting information system (AIS) is the system software used by businesses to keep their…

Q: The trend in financial management is to treat expenditure on human resource as ____ a. as expense b.…

A: The answer and explanation can be seen below:

Q: Briefly explain the difference between liquidity, solvency, and profitability analysis.

A: Liquidity, solvency and profitability analysis is performed to evaluate the company's performance.…

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is