What is one cost that is accounted for the same between the purchase method and acquisition method     Stock issuance costs     in process research and development costs     Legal and accountants fees     Contingent consideration     Bargain purchase

Q: if a firms expense equal or exceed it's revenue what actio might management take

A: Explanation is given below,

Q: Which financial ratio under the categories of profitability, asset utilization, liquidity, and debt…

A: Financial ratio can be defined as the accounting ratio which helps the business in evaluating the…

Q: Explain purchase accounting

A: Purchase accounting means any premium paid by bidder in excess of the value of books of aims assets…

Q: Define goodwill for accounting purposes

A: When one firm is acquired by another, an intangible asset known as goodwill is transferred together…

Q: Revenue Recognization Question. What is the significant difference between the Contract-Based…

A: Revenue recognition is the accounting principle that outlines the conditions under which revenue…

Q: Explain an example of seller is a principal or an agent can have a significant effect on its…

A: Principal: Principal is the legal owner of goods or service which is transferred to the customer…

Q: Explain how a not for profit determines whether a resource provider is participating in an exchange…

A: The objective of this question is to understand how a not-for-profit organization determines whether…

Q: What is the difference between a financial accounting information system and a cost management…

A: Financial accounting and Cost accounting are two different systems in accounting, which are used for…

Q: How is the contract-based approach (IFRS) and the earnings approach (ASPE) used for allocating the…

A: The contract-based approach, as defined in IFRS 15 (Revenue from Contracts with Customers), is a…

Q: (TCO B) How are accounting for direct costs, indirect costs, and issuance costs reflected under the…

A: According to IFRS 3 the acquisition method is also called the purchase method which is used for all…

Q: B. In deciding a transfer pricing method, advise management on: i. negotiated transfer pricing ii.…

A: Transfer pricing is the price which is to be calculated if there is any transaction between related…

Q: accounting profit definition

A: Double-entry accounting (Double-entry book-keeping): This is a system of accounting where a…