Whaat is accountability
Q: re: a. Internal (management) O a. h ytornal users
A: Managerial Accounting : It is the process of identifying, measuring, analysing, interpretating and…
Q: What does vertical analysis try to reveal
A: The comparative study of financial line items of an income statement or a balance sheet is generally…
Q: What are agency problems?
A: Owners of the company are shareholders. The number of the shareholders for a corporation will be…
Q: What is meant by the phrase management by exception?
A:
Q: What is WACC
A: Weighted average cost of capital(WACC) is the average cost of several source of financing. It is…
Q: What does PFMA stand for?
A: Solution- PFMS [Public Financial Management System] PFMS stands for Public financial Management…
Q: Can responsibility be delegated? Explain?
A: No,authority can be delegated but responsibility is absolute and cannot be delegated.
Q: Essay about The Importance of Accountability
A: Accountability means to take the responsibility by a person for their own actions. The accountable…
Q: Accountability in
A: Accountability is assigning roles and responsibilities of persons regarding work done by them.
Q: What is a responsibility center?
A: Responsibility center: Responsibility centers are the segment of an organization which is authorized…
Q: Define agency conflict
A: Agency conflict denotes to the conflicts that arise between the agent and Principal. In the finance…
Q: When does an agency problem happen?
A: Agency problem is the probelm of difference in opinion of management and the shareholders.
Q: Highlight concept of faithful representation and is it valid or not?
A: The concept of Faithful representation advocates that the financial statements and information…
Q: istinguish between responsibility, authority, and accountabilit
A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…
Q: se explain it properly
A: Given: To find the capital balances as, Capital Balances of Banner = P 65,000 and Strange = P 35,000…
Q: What makes information irrelevant to decision making?
A: Irrelevant information is a part of the information collected for decision-making from various…
Q: What are the answers
A: The answer is as fallows
Q: what is AJEs?
A: AJEs stands for Adjusting journal entries.
Q: What is ethical accounting
A: Ethics: At its most basic level, ethics is a set of moral rules that guide behavior. They have an…
Q: Who are stakeholders?
A: Stock: It refers to a security issued in a form of certificate. It implies the right of ownership of…
Q: How much is the total accountability?
A: Financial accountability means that the performance of a certain function shall be borne by a person…
Q: What is cpj
A: Financial accounting involves the work of recording and posting of financial transactions into the…
Q: What is accountability
A: The transactions that are happened in the company will be analyzed, and recorded in the first book…
Q: Why is a policy statement important?
A: A policy statement or an investment policy statement is a document created by the investment…
Q: What is ESG reporting and why does it matter?
A: Transparency on ecological and socially responsible actions is becoming more popular. Environmental,…
Q: What does it mean for a source to be objective?
A: Objective means anything which is free from emotions, personal prejudices or bias.
Q: What is the cause of the agency problem and how do we try to solve it?
A: Agency Problem: An agent is a person who acts on behalf of another person. An agent should always…
Q: What is Agency theory ?
A: Agency theory Agency theory explains the connection between the principal and agent. concerned…
Q: developed the IPSASs? d.What are the scopes of the IP
A: International Public Sector Accounting Standards (IPSAS) are a collection of accounting standards…
Q: briefly, what is the role of the clearinghouse, and is it important?
A: Clearance is very important to meet buyers with sellers and to make transactions possible between…
Q: What is the SEC and what role does it play?
A: SEC stands for Securities and Exchange Commission. It is an agency of United States, which is a…
Q: Distinguish between responsibility, authority, and accountability.
A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…
Q: Distinguish between responsibility, authority, and accountability.
A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…
Q: mples) through w
A: The Agency systemThe Agency device may be very popular in the modern-day commercial enterprise…
Q: Distinguish between responsibility, authority, and accountability
A: Responsibility: When a sub-ordinate is obligated to perform the duties assigned to him, it becomes…
Q: What is an agency problem?
A: The agency drawback may be a conflict of interest that happens once agents do not absolutely…
Q: What are the components of relevant information? What are the components of faithful representation?
A:
Q: Define agency problems, and describe how they give rise to agency costs.
A: Agency problems occur when the managers use the firm's resources to invest in projects that may not…
Q: What is COSO? What is the PCAOB? Why are they important?
A: Committee of Sponsoring Organizations of the Tread way Commission (COSO) is an organization formed…
Whaat is accountability
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