ccording to PAS 28, Which of the following will not fall under the situation of “existence of significant influence by an investor in the financial and operating policy decisions of the invested but not control of these decisions” a. Material intercompany transactions b. Power to govern the financial and operating policy decisions of an enterprise so as to obtain benefits from its activities c. Participation in policy making process d. Technological dependency

Q: The principle of conservatism is concerned with Oa. the company's procedures for recording…

A: conservatism principle is one of the basic principle of accounting that provides guidance on how…

Q: Which of the following is not a guiding principle of financial regulation?

A: The guiding principles of financial regulation typically emphasize factors such as stability,…

Q: Objective Type Question: How does Sustainability Accounting contribute to sustainable development…

A: Accounting is a process of recording and summarizing the financial transactions of a firm, However,…

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A: Financial Regulation refers to the rules and regulations by which financial bodies operate in the…

Q: Firms should focus on promoting the interest of all stakeholders rather than prioritising only the…

A: The shareholders owners of the company and the invest there on in the company in order to get the…

Q: ols to determinate appropriate business decisions under different economic, political and legal…

A: If a firm wants to succeed in the marketplace, it must have a thorough understanding of the factors…

Q: Stakeholders is a broad term that encompasses all parties with a vested interest in the performance…

A: Stakeholders are typically those who are directly or indirectly affected by the actions of the…

Q: Internal factors that influence the implementation of strategy include a) Capital market b)…

A: Implementation of strategy is the important decision for achieving the objective of the company.

Q: What informal remedies are available to firmsin financial distress? In answering this…

A: The informal remedies available to the firms in financial distress are discussed as follows:…

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: Overall do you agree or disagree with the argument that financial statements should be stated as…

A: Historical cost refers to the original purchase cost of an asset whereas fair value is an estimate…

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A: Under the transactional approach this is all about the status the leaders who are involved in such…

Q: A significant influence investment is one that:

A: Significant influence investment is one where one company can exert significant influence over the…

Q: Explain why establishing accounting standards is characterized as a politicalprocess

A: The standard setting process is a political process that is affected by the impact of several…

Q: What does Accounting harmonization mean? Differentiate harmonization from convergence or adoption.…

A: Answer:- IFRS meaning:- A group of accounting standards called international financial reporting…

Q: What are the advantages and disadvantages of a ‘comply or explain’ model of corporate governance?

A: "Comply or explain" model of corporate governance - The purpose of 'comply or explain' model is to…

Q: What informal remedies are available to firmsin financial distress? In answering this…

A: An informal restructuring is typically the "lowest drastic" option for a financially troubled…

Q: 4)explain what control consists of in subsidiaries in multinational companies and discuss the…

A: A multinational company means a company having its operations in other countries as well. So, it…