today, most federal regulations are exercises of what authority according to the commerce clause of the U.S. constitution

Q: Under the Philippine Civil Code, answer the following question: Differentiate a License to Recruit…

A: The process by which employees are identified, interviewed and hired is termed as recruitment.

Q: What is the status of House Bill No. 3902?

A: Government accounting is the accounting which is the set principles and guidelines and the framework…

Q: What the main functions of the Commerce Commission? Please explain and illustrate each function.

A: Commerce commission is the agency of government with the responsibility for imposing legislation…

Q: What is the range of penalties that the PCAOB could have levied against London? By the…

A:

Q: What are the two major types of legal system used in the world? Choose one of the following: A) low…

A: Legal law is the set of laws of a country and the ways in which they are interpreted and enforced.

Q: What are two major legal differences between state governments, and businesses, that would affect…

A: Financial reporting is defined as the financial results of the firm that are released for its…

Q: Discuss the federal government’s contracting programs.

A: Introduction: Contractors are allowed under federal government contracts to set aside certain…

Q: which concerns with revenue and disbursement of government such as central government , state…

A: Finances are referred as the management of money from investing activities, borrowing, lending,…

Q: Which is the primary source of SEC independence rules?

A: The primary source of SEC independence rules is Rule 2-01   Rule 3526 deals with the communication…

Q: The Bill of Rights was part of the original Constitution which was adopted on September 17, 1787.…

A: The Bill of Rights is the first 10 amendments to the United States Constitution. These amendments…

Q: w does a company determine if it should use an ABO, PBO, or VBO calculation? Is the determination…

A: ABO The estimated amount of a company's pension plan commitment at any one time is known as the…

Q: which is the primary source of SEC independence rules

A: The primary SEC sources that auditor independence for issuance are

Q: Which of the following is NOT an antitrust law? the FTC Act the Smoot-Hawley Act the Robinson-Patman…

A: Antitrust law: It is a collection of federal and state government laws that regulate the conduct and…

Q: Describe the Bureau of Internal Revenue.

A: Bureau of Internal Revenue is an institution which acts as an agent to the Finance department and…

Q: The incurrence of an obligation for future delivery or performance by the oblige is recorde by a…

A: The decision making process in government is an imported aspect of the environment of state…

Q: What are charters and bylaws?

A: A charter is an authorized record officially establishing a corporate substance. The charters are…

Q: Briefly describe the service type activities that most general purpose governments perform?

A: Governmental accounting standard board is established in United States, used by the state and local…

Q: Under what condition is the modified approach applied by a state or local government?

A: Accrual basis of accounting: Accrual basis of accounting refers to recognizing the expenses and…

Q: What are the powers of the BIR Commissioner?

A: Powers of BIR commissioner are as follows,  1. He can require additional procedures and documents.…

Q: What is civil law, and what does it accomplish? What are the primary examples of public law?

A: Civil law is a subpart of law. Civil law is a legal system built upon Corpus Juris Civilis, the…

Q: What are the general jurisdictional rules? Discuss some of the exceptions to these rules.

A: Jurisdiction Rules Jurisdiction in the law which implies that the right of the court to hear the…

Q: In the United States, GAAP comes under the purview of the

A: In United states, GAAP comes under the purview of the Financial Accounting Standards Board (FASB).

Q: The federal government is required to recognize liabilities from nonexchange transactions     When…

A: Liabilities refer to the obligations that are required to fulfilled in the future by the business.

Q: ndholders. areholders. areholders and the federal government.

A: Interest tax sheild is the reduced cost of capital due to the advantages of tax deductions.

Q: According to the Australian Constitution, legislative power is exercised by: (a)The Governor…

A: Solution:-(D) According to the Australian Constitution, legislative power is exercised by the…

Q: Which of the following is necessary for a special purpose local government to be viewed as a primary…

A: Introduction:   The GASB is the board that provides the guideline to the governmental units about…

Q: 7. Three subject areas where federal statutes have been implemented to protect the personal data of…

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: n the United States, the __________, a government agency, has the legal authority to set GAAP.

A: Financial Accounting Standard board (FASB) is a government body established for the purpose of…

Q: Are there sufficient internal and external controls in government operations?

A: It is important to implement both internal as well as external control over company's operations…

Q: How are IFRS currently used in the United States?

A: International Financial Reporting Standards:   They are commonly known as IFRS. It is a set of…

Q: Which of the following government-wide accounts reflects amounts owed between governmental…

A: The internal balances account will be reported as an asset in the government wide financial…

Q: differentiate between the Customs Act, Customs Tariff Act, and EIPA

A: Customs Act: Customs Act deals with the administration part of the customs transactions and general…

Q: What is TDS on commission, what is stated under section 194 H?

A: The income statement of the company will be prepared, and maintained by the management which will…

Q: arbanes Oxley been an effective piece of le

A: Yes, even if the results aren’t staggering and as relevant because the act hoped for, the act has…

Q: Which body is primarily responsible for the establishment of GAAP in the United States? What body…

A: Given: The primary responsibility of the establishment of the GAAP.

Q: . Special domestic corporations

A: MCIT covers corporations subject to normal rate of taxation. These corporations can be domestic…

Q: Separate accounting standards exist for the U.S. federal government in contrast to state and local…

A: Accounting:  It is the process of recording, classifying, summarizing all transactions of a business…

Q: Can an entity go into a joint arrangement with the government? how do you account for that?

A: Joint Arrangement The term Joint arrangement in business to take part in other business with their…

Q: What are some exceptions to UBIT provided by legislation?

A: The question is related to some exceptions to Unrelated Business Income tax .Unrelated business…