Which of the following is a phase of the joint FASB and IASB conceptual framework project?   mixed attribute measurement   elements and recognition   going-concern assumption   period of time assumption

Q: Strategic and tactical asset allocation.  Define and explain the difference between these and the…

A: Strategic asset allocation is defined as making efficient portfolios of assets with a long-term…

Q: Conceptual framework was 1st adopted by IASB, on what particular date?

A: The Conceptual Framework sets out the fundamental concepts for financial reporting that helps to…

Q: identify characteristics of a coherent fi nancial reporting framework and the barriers to creating…

A: Introduction: The structure for the financial reports specifies the collection of standards and…

Q: Which type of plan is used to manage an event that has reoccurrence? a. Rules b. Single Use Plan c.…

A: There are various types of plans which are prepared by business organization so that decisions can…

Q: Answer asap please,   With the use of examples, differentiate between: Theoretical expertise and…

A: Sharing and rapid knowledge growth are made easier by information technology. Information technology…

Q: Which methods are for setting standards? Choose as many   a)analysis of historical data b)task…

A: Standard costing involves setting-up predetermined cost or expenses estimates. Such predetermined…

Q: Which of the following represents the correct order in problem resolution?a. Define the problem,…

A: Problem Resolution:   Problem resolution is that phase of decision making in which the management…

Q: Describe the process of Evaluating Mutually Exclusive Projects?

A: Mutually exclusive projects are the capital investment proposal where best proposal option is…

Q: In the ________ phase of BPI, the BPI team documents the existing "as is" process activities,…

A: Answer -  Phases of BPI are as follows : i. Phase 1 - Define, ii. Phase 2 - Measure, iii. Phase 3 -…

Q: In planning for the acquisition of new technologies, there should be specifically defined goals…

A: Technologies means the software used in company to do the routine work .

Q: What are some of the differences in elements in the IASB and FASB conceptual frameworks?

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: What methods are used in practice to determine the extentof progress toward completion? Identify…

A: Cost-to-cost method:  It is a method to determine what percentage of work is completed and this…

Q: Harmonization and convergence are closely aligned. – Explain.

A: Convergence is described as a process which focuses to eliminate the differences and developing a…

Q: Answer of the following question related to these characteristics and constraints. In general,…

A: Relevant information is data that can be applied to solve a problem. The relevance concept can mean…

Q: What is a special assessment project? How are special assessment projects reported?

A: Special assessment project: The special assessment project refers to the projects which are…

Q: Discusses the activities and content-oriented issues involved in entering into and contracting for…

A: The activities involved in entering into and contracting for an OD initiative are -

Q: Neutrality of information in the fi nancial statements most closely contributes to which qualitative…

A: The qualitative characteristic of the financial information refers to that attribute of the…

Q: critically discuss and evaluate the issues in the langtry benchmark-setting decision

A: Issues in the Langtry benchmark-setting decision:It is a case study that is developed to readers and…

Q: Write a short note on stakeholder analyasis in project implementation on the topic; Participation…

A: Given  To write a short note on the stakeholder analysis in project implementation on the topic…

Q: explain the roles of integrated reporting in the following aspects: a. Providing information that is…

A: Integrated reporting is conducted by organization to communicate strategy, plan, Governance or…

Q: Which organization initiated the convergence process between GAAP and IFRS and why?

A: GAAP -: GAAP is a mixture of definitive standards (established by policy boards) and the normally…

Q: IPSASB

A: What is IPSAB REASON IT WAS ESTABLISHED WHAT OBJECTIVE OF THE IPSASB WHY THE IPSASB DEVELOPED THE…

Q: Purpose of the Codification project.  Name some pros and cond

A: The answer is stated below:

Q: Was the conceptual framework created to achieve a specific goal

A: The conceptual framework created to achieve a specific goal will be explained :

Q: Identify the major project classification categories, and explain how and why theyare used.

A: Every Project is different from each other because of different reasons. Projects can be classified…

Q: To be useful, information must have which of the following fundamental qualitativecharacteristics?a.…

A: To determine the useful information must have the following fundamental qualitative​characteristics…

Q: describe implications for fi nancial analysis of diff ering fi nancial reporting systems and the…

A: Financial report may be defined as the collection of major financial statements which are prepared…

Q: Describe the evaluation techniques to consider multiple projects that are mutually exclusive?

A: Following are the evaluation techniques to consider multiple projects that are mutually exclusive:…

Q: With respect to the IASB conceptual framework project: a.    work is being conducted to produce…

A: With respect to the IASB conceptual framework project, work is being conducted to result in a…

Q: Which of the following is true about the 10% test?

A: Company as per the standard and guideline have to report about which section or the division which…

Q: When the entity select the amount that is most likely to be received considering the range of…

A: Most likely amount approach of determining variable consideration is that method in which one most…

Q: Explain the objectives of FIFO method.

A: First-in-First-Out: In First-in-First-Out method, the costs of the initially purchased items are…

Q: An analysis of systems serves what purpose? What kind of information should be included in the…

A: The answer

Q: S or amending for existing IFRS.

A: The International Accounting Standards Board (IASB) is an independent, private-zone frame that…

Q: e mechanism you should have propose

A: Developed by Central BOS, CBOS cloud business management software is connected to every department…