List the types of transaction costs in the financial markets

Q: How does accounting provide useful information about economic activities?

A: Whenever a company wants to make decisions that include money that decision comes under the economic…

Q: advantages of financial accounting

A: Answer are as follows

Q: xplain the functioning of different players in financial market.

A: Financial Market In general, a financial market is a market where we can sell and buy securities.…

Q: How do you find gross profit in financial accounting?

A: Gross profit is the income earned by the company after deducting the cost of goods sold from the…

Q: When it comes to financial accounting, what is the most important function?

A: The most important function of financial accounting is to provide financial statements to the users…

Q: How is finance related to other functional areas in a business organization (marketing, production,…

A: The question is based on the role of finance and its application in the business house. Finance is…

Q: g known the major functionalities of the financial system how do they perform their roles in the…

A: Step 1 The financial system acts as an intermediary, which facilitates the transfer of funds from…

Q: Describe the financial reporting environment.

A: Financial statement: Financial statements are prepared to summaries the account at the end of the…

Q: What is financial accounting environment?

A: Environmental financial accounting refers to use of information required by stakeholders which are…

Q: task of financial accounting

A: Financial accounting is recording day to day business transactions to get a clear picture of…

Q: What is financial accounting process

A:

Q: What is the most fundamental purpose of a financial marketplace?

A: Financial markets are a form of marketplace, as the name implies, that facilitates the sale and…

Q: Describe the conceptual framework of financial accounting.

A: Conceptual Framework: A conceptual framework is a logical presentation of interrelated objectives…

Q: What is finance?  How does it relate to accounting?   What is the objective(s) of the financial…

A: Time value of money Time value of money The main concept of finance is related to the time value of…

Q: Financial statements includes Select one: a. Income statement and Statement of cost O b. Position…

A: The financial statements are the statements prepared to record the financial data of the business.

Q: Why is financial reporting important?

A: Financial reporting refers to the practices whereby companies report the financial statement. These…

Q: What does the Relevance in the context of financial reporting means?

A: Introduction Financial Reporting is communicating accurate information along with the financial…

Q: What is financial accounting?

A: Meaning of financial accounting:Financial accounting is one of the branches of accounting that…

Q: Explain various types of financial report which company can use its financial reporting?

A: Financial reporting gives reports in the form financial statements to the stakeholders of the entity…

Q: What are the characteristics of financial instruments

A: Financial instruments are financial assets which can be traded in the financial market. Financial…

Q: how is financial management related to economics on the one hand and accounting on the other hand.

A: Financial Management: It refers to the planning, directing, organizing & controlling the…

Q: Why do you think providers of finance are interested in a company's accounting information?

A: Finance means a money management system like Borrowing money, investing money, expenses money,…

Q: What is meant by “economic Consequences” in accounting standard-setting

A: Definition: Financial accounting standards board (FASB): This is the organization that creates,…

Q: FINANCIAL GATEWAY

A: Finance refers to the description of activities, debt, funds, credit, leverage, etc in a company. It…

Q: Who Uses Financial Reporting and Analysis

A: Financial reporting is a day-to-day practice which helps the organization to keep the business…

Q: What Is The Primary Objective Of Financial Accounting?

A: Financial accounting: Financial accounting is the process of measuring the business activities of an…

Q: What is the equation that shows the relationship between elements of financial data

A: The equation that shows the relationship between the elements of financial data is shown hereunder :…

Q: How does company’s investment in receivables is influenced by several variables? What are the…

A: Receivables: Receivables refer to an amount to be received in future. General classifications of…

Q: What are financial accounting's two main functions?

A: The answer:

Q: Definition of Financial Accounting

A: Solution:- Definition of financial accounting as follows under:-

Q: What are the key variables that influence a company’s investment in receivables?

A: The variables that influence the company investment in receivables are as follows, The level of…

Q: Explain the nature and main objective of the financial system.

A: Financial system helps in transferring of financial resources form one person to another person.

Q: How do you find total sales in financial accounting?

A: Total sales in accounting: It refers to the net revenue of the organization that is reported in the…

Q: List and describe thedifferent types of financial intermediaries

A: Step 1: Introduction Financial Intermediary: An entity that acts as a link between the lender and…