Answer of the following question related to these characteristics and constraints. A company should disclose information only if the perceived benefits of the disclosure exceed the costs of providing the information. Which constraint does this statement describe?

Q: Outline the technical benefits of a conceptual framework. What problems could occur if accounting…

A: Accounting Conceptual framework is a body of interrelated ideas and fundamentals that provide a…

Q: Describe a nonmanufacturing business that could benefit from the use of standards. Also, explain how…

A:

Q: why there is material uncertainty in the company?

A: There are several problems which are faced by the companies for both internal sources and external…

Q: What are retakaful and reinsurance and how takaful products can be used for hedging purposes?

A: Retakaful and reinsurance : In simple words, The Muslim reinsurance sector is referred to as…

Q: IS a outsource?

A: Outsourcing is the process of hiring a third party to perform the company's services that are…

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: What it means to Lift the Veil and Company Prospectus Requirements

A: In finance a company is not regarded as a real person. Rather a company is an artificial person. Law…

Q: If so many companies find non-GAAP calculationsuseful when communicating with their stakeholders,…

A: GAAP is a set of rules for efficiently capturing and interpreting accounting data. GAAP standards…

Q: what is the advantages and disadvantage of disclosure? and why is disclosure important?

A: The full disclosure means that company's financial statements should tell about all the important…

Q: What is meant by solvency? What information in thebalance sheet can be used to assess a company’s…

A: Financial statements: Financial statements are condensed summary of transactions communicated in the…

Q: What is meant by GAAG? Why should all companies follow GAAP in reporting to external users?

A: Generally Accepted Accounting Principles is what is meant by the abbreviation GAAP. Companies use…

Q: Discuss the concept of exposure and explain why firms may tolerate some exposure.

A:

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: Corrine Company owns a warehouse that it no longer needs in its own operations. The warehouse was…

A: Concept:

Q: Which of the following is one of the limitations of Management Accounting? Select one: a. Existence…

A: Management accounting is a form or branch of accounting, under which management takes decision on…

Q: Why is hedging relevant for a company?

A: Hedging represents the strategy of risk management in order to offset the losses associated with the…

Q: Describe a nonmanufacturing business that could benefit from the use of standards. Additionally,…

A: Standard is nothing but a parameter for any process which is used to compare actual results with…

Q: Should a company allow the owners to use the resources as they see fit?

A: solution : Should a company allow the owners to use the resources as they see fit?…

Q: What is the best option for Hernandez Company and w

A: Introduction:- Transfer pricing is the price fixed for the transactions between two or more related…

Q: What does the R2measure? What is the R2for a typical company?

A: R^2 is the measure of a stock’s performance in relation to its benchmark performance. The measure…

Q: Define ‘control’ and state what would be the acceptable indicators for the transfer of control from…

A: Control of an asset is defined as the ability to direct the use of and obtain substantially all of…

Q: Can you explain the comparables method?( Must include how it works , key factors ,how we determine…

A: Comparable Method or comparable company analysis (CCA) is referred to as the procedures for…