Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
a Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting
b Set forth corporate governance provisions that define an ethical organization culture
c Define what is meant by the public interest in accounting
d Define what is meant by internal controls over financial reporting in a cultural context

Answers

Answer 1

Answer:

a. Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting.

Explanation:

Gray Hofstede's presented six dimensions of cultural values. Power distance index, Individualism vs collectivism, Masculinity vs Femininity, Uncertainty Avoidance Index, Long term vs short term orientation, Indulgence vs Restraint. He used footing for comparing state based accounting values. He set accounting values to define a country's cultural foundation with respect to financial reporting.


Related Questions

class 12 accounts chapter 1 npo additional questions​

Answers

what’s the question ??

You are part of a group, making a decision about whether it is appropriate to discontinue research on a new drug. This new drug would save lives, but it is uncertain whether you can develop it within a reasonable time frame and at a reasonable cost. Your firm has already spent a small fortune on this drug. You have gathered so much information in preparation to making the decision that you are unable to sort the good information from the superfluous data. You just feel that this project has merit. What form of decision making are you using if you decide to continue the project because you feel that the project has merit

Answers

Answer: An escalation of commitment

Explanation:

Carrying out projects can be capital, time and energy intensive. Most times they could result to a positive progress or result and other times they may not but the area of changing minds on a project that has had a great ton of investment is usually hard except there is nothing that would be gotten from it. When so much time and resources has been put into a project and there is no plan for a change such commitment is called an escalation of commitment

According to the liquidity premium theory of the term structure, A. the interest rate on long-term bonds will equal an average of short-term interest rates that people expect to occur over the life of the long-term bonds plus a liquidity premium. B. buyers of bonds may prefer bonds of one maturity over another, yet interest rates on bonds of different maturities move together over time. C. even with a positive liquidity premium, if future short-term interest rates are expected to fall significantly, then the yield curve will be downward-sloping. D. all of the above. E. only A and B of the above.

Answers

Answer: D. all of the above.

Explanation:

The liquidity premium is the amount that is added to the interest rate in order to compensate investors for buying longer term and less liquid securities. This is why the interest rates on log-term bonds include a liquidity premium.

It is true that depending on preference, buyers of bonds prefer to buy one maturity over another but overall, the interest rates on different maturities move together in that an increase in the short term would see an increase in the long term.

Even if the liquidity premium is positive in order to compensate investors for longer maturities, it would not be enough to pull the interest rates up if they are falling significantly which would lead to a downward - sloping yield curve.

Noah's Ark is a successful child care center. It focuses on actively developing, finding, and communicating new knowledge to its employees so that workers can modify their behavior to reflect this new knowledge. Noah's Ark is an example of a(n) ________ organization. Group of answer choices customer-focused research innovative learning evolving

Answers

Answer:

learning

Explanation:

Since in the given situation it is mentioned that the child care center focused on the developing, communicating the new knowledge in order to modify the behavior so here this means that it have the learning environment in the child care center so that everyone could aware of anything also they have dont any problem regarding it. Moreover it increased the skills also

Therefore as per the given situation, the above should be the answer

The HR recruiting specialist and line managers at Clearwater Electronics work closely together when hiring new employees . The line managers are ultimately responsible for the final selection of a new employee , but the HR recruiting specialist serves an important role by providing information about potential employees and arranging for interviews . Why is this service helpful to the line managers ? The recruiting specialist can help the line managers from rushing the hire because there is an immediate need to fill positions The recruiting specialist can help the line managers from expecting too much too soon from new employees . The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions . The recruiting specialist can help the line managers from relying too much on the interview , a common recruiting pitfall .

Answers

Answer: The recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions .

Explanation:

Since the line managers are responsible for the final selection of a new employee while the HR recruiting specialist gives information about potential employees and arranging for interviews, then the recruiting specialist can help the line managers from interviewing applicants who are not qualified for the positions.

By getting information from the potential employees, the recruiting specialist can know the people who are qualified for the job and possess the necessary requirements for the job and those who aren't qualified.

In the open-economy macroeconomic model, if for some reason foreign citizens want to purchase more U.S. goods and services at each exchange rate, then a. the demand for dollars in the market for foreign-currency exchange shifts right. b. the demand for dollars in the market for foreign-currency exchange shifts left. c. the supply of dollars in the market for foreign-currency exchange shifts right. d. the supply of dollars in the market for foreign-currency exchange shifts left.

Answers

Answer: a. the demand for dollars in the market for foreign-currency exchange shifts right.

Explanation:

If foreigners wanted to buy more U.S. goods and services, they would demand more dollars to do so as U.S. goods and services are denominated in dollars. This would shift the demand curve for U.S. dollars to the right to reflect the increase.

With the demand curve having shifted right, it will intersect with the supply curve at a higher rate. This new equilibrium point would mean a higher exchange rate which means the U.S. dollar would get stronger.

Your co-worker, the operations manager of Blue Ocean Seafood Restaurants, has pointed out a slight decline in diners ordering and eating the chain's famous cheesy butter biscuits. The head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States. As the marketing director, how do you respond

Answers

Answer:

You agree that test marketing could be helpful, but you point out that it may also reveal your ideas to your competitors.

Explanation:

In the give scenario the existing famous cheesy butter biscuits sales are going down. In an effort to increase the revenue of the business the head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States.

This is an innovative solution to the problem and the head of product development should be encouraged to drive the test marketing.

However marketing a lower-fat version of the biscuits at select locations in eight major cities will expose the strategy to competitors. It will be better to conduct the test in a more controlled environment away from competitors.

what is stock exchange​

Answers

Return the stuff....
It’s basically a situation where buyers and seller exchange securities.

Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Which three areas of his Search campaign does Yuto need to adjust to achieve this goal? (Choose three.) Select All Correct Responses Location targeting Ad scheduling

Answers

Answer: Ad scheduling, location targeting and language targeting

Explanation:

These are the three things Yuto should consider for his souvenir store in Tokyo;

1) Ad scheduling: this would be described as having a program where Ads are carried out. This is arranging all Ads especially for various sector of product and for various days.

2) Location targeting; this is having an idea of your target market and maximizing meetings with them, ensuring that you are heard or seen by various means of communication.

3) Language targeting; this is trying to reach out to those who speak a particular language by speaking same language with them inorder to promote your product.

While taking an application, an originator learns that his potential borrower receives income from a public assistance program. Without even running a full pre-qualification, the originator tells the would-be borrower that he cannot help someone who is receiving public assistance. This originator is in violation of the:

Answers

Answer:

Equal Credit Opportunity Act (ECOA).

Explanation:

The Equal Credit Opportunity Act (ECOA) is a federal law that was enacted on 28th of October, 1974 by the US Congress. It was created by the government of the United States of America so as to avail all individuals (borrowers) an equal opportunity to obtain loans and other types of credits from creditors (lenders) without any form of discrimination based on factors such as religion, colour, race, marital status, age (provided he or she is mature), sex, etc.

In this scenario, the originator is in violation of the Equal Credit Opportunity Act (ECOA) because an originator is prohibited from basing a decision to give or grant credit to an applicant (would-be borrower) due to the fact that he or she receives income from a public assistance program.

Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer $ 1,400 Cash found in a desk purchased for $30 at a flea market 400 Inheritance 11,000 The employer allowed Jensen to use the condominium for free in recognition of outstanding achievement. Based on this information, what is Jensen's gross income for the year

Answers

Answer:

$1,800

Explanation:

Calculation to determine Jensen's gross income for the year

Using this formula

Gross income for the year=Fair rent value +Cash found

Let plug in the formula

Gross income for the year=$1,400+$400

Gross income for the year=$1,800

Therefore Jensen's gross income for the year is $1,800

Which of the following might a lender require for a construction loan? Select all that apply.

1. A car for collateral

2. A 20% down payment

3. Builder qualifications

4. Construction details

NO LINKS (I’ll get you banned if so)

Answers

2. Most lenders require a 20% minimum down payment on a construction loan.

A third-grade bilingual teacher, Mr. Rivas, reads aloud a procedure for a student science investigation. After reading aloud the procedure, he notices that the students are confused about how to begin their investigation. Mr. Rivas then decides to repeat the procedure step-by-step, modifying the language used in the written instructions so that it is more comprehensible to the students. Which of the following does Mr. Rivas best demonstrate by modifying the lesson?
A. Scaffolding instructional technique
B. Reciprocal teaching instructional technique
C. Sheltered English instructional strategy
D. Concept attainment instructional strategy

Answers

Answer:

Sheltered English instructional strategy

Explanation:

Sheltered Instruction

This is simply defined as a devised method to teaching English language learners which uses second language

acquisition strategies along with content area instruction. It is a known way for making grade-level content more available for ELLs while improving English language development.

It uses;

1. Second language acquisition strategies when teaching content area instruction

2. It is Content-based

3. It makes content to be easily understood for EL while developing English proficiency.

4. It does integrate language and content while inputting also socio-cultural awareness.

Sheltered English instructional strategy simply enhance or modifying english and simplify it thereby making the students to understand it.

The International Finance Corporation (IFC) performs which of the following functions? a. Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies b. Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets c. Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members d. Works on issues related to foreign investment disputes e. Provides political risk coverage for private investments made in developing countries

Answers

Answer:

a). Provide loans and take an equity position in private companies of developing countries and works toward developing capital markets in those economies.

Explanation:

The key functions of IFC(International Finance Corporation) include 'offering loans and getting a hold on the equity stand in the private sector companies established in developing countries in order to build capital in such economies.' It also assists these countries in attaining sustainable growth and development by providing these financial fundings, deploying capital effectively, and proffering counseling services to these nations and the private businesses running across the country. Thus, option a is the correct answer.

What are human rights

Answers

The answer is Human rights are rights inherent to all human beings, regardless of race, sex boy or girl, nationality, ethnicity, language, religion, or any other status. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more.

Cost behavior ______. Multiple select question. is the relative proportion of each type of cost in an organization is a detailed analysis technique used to determine whether costs are fixed or variable refers to how a cost will change as activity level changes categorizes costs as fixed, mixed and variable

Answers

Answer:

refers to how a cost will change as activity level changes

Explanation:

Cost behaviour is defines as how a business's expenses will change as a result of changes in its activities.

Business managers need to consider activities that may lead to spike or decline in the in expenses.

This will lead a robust annual budget that meets the cost need of the business.

Cost behaviour is divided into 3:

- variable costs that vary directly with changes in business activities. For example direct material cost.

- fixed costs that do not change as business activity changes. For example rent

- mixed costs have a mixture of variable and fixed costs. For example cell phone service that has a fixed charge monthly and also a variable charge for texting

It should be noted that Cost behavior refers to how a cost will change as activity level changes.

Cost behavior can be regarded as the indicator which shows the way a cost will change in total with respect to change in some activity.

Therefore, Cost behavior refers to how a cost will change as activity level changes.

Learn more about Cost behavior at;

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In the early 1980s, a new technology was introduced to banks where customers could withdraw their money without having to enter the bank or keep baking hours. As the first ATMs began to be introduced to more and more banks, it began to have an effect on bank personnel. Thinking about the bank environment, identify who would most likely be impacted by this technology change and suffer long term structural unemployment

Answers

Answer: A bank teller with 4 years of relevant work experience and a high school diploma

Explanation:

Structural unemployment refers to an unemployment that is caused as a result of the mismatch between the skills that an individual has and the skills that an employer wants from his or her employees.

With the introduction of the automated teller machine, the person that will be affected is the bank teller with 4 years of relevant work experience and a high school diploma because the person helps in handling cash and giving out funds to the customers inside the bank but the ATM can solve this.

Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.

Which questions should she consider before she buys the jacket? Check all that apply.

Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Will her sister like the jacket too?

Answers

Answer: Is advertising influencing her?

What are her motivations?

Has she compared prices?

Is she buying at the right time?

Explanation:

The questions that she should consider before she buys the jacket include:

• Is advertising influencing her?

• What are her motivations?

• Has she compared prices?

• Is she buying at the right time?

Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.

Answer:

A, B, C, D

Explanation:

edge2021

Pinetops Resorts, an American company, sells the rights to other hospitality companies globally to open resorts with the Pinetops name for a fee and a share of the profit, in return for using Pinetops' brand name and a package of materials and services. Pinetops is engaged in Group of answer choices importing. countertrading. exporting. franchising. offshoring.

Answers

Answer:

franchising

Explanation:

Since in the given situation, the resorts should sold the rights to other companies for a fee and the share profit and in return they used the brand name and material & service packaging

So here the resort should be engaged in franchising as in the franchising the right is given to others for use the name

therefore the second last option is correct

Pinetops is engaging in "Franchising". A further explanation is provided below.

The franchisor seems to be the shareholder of the commercial enterprise that offers a particular item or brand, and the franchisee would be the individual who has been granted permission to use the brand, and so on. among the manufacturer.

The other four options such as:

Importing: Goods or services purchased from one nation inside another.Counter trading: An alternate method to structure overseas sales if there are difficult or inexistent standard ways of payments.Exporting: Value proposition manufactured throughout one country however marketed to an international purchaser.Offshoring: Praxis wherein the products are obtained from all other countries or manufacturing transferred towards another nation.

These options are not related to the given scenario. Thus the above answer is correct.

Learn more about Franchising here:

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A company estimates that 8% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $300. If they want to offer a 2 year extended warranty, what price should they charge so that they'll break even (in other words, so the expected value will be 0)

Answers

Answer:

Price charge = $24

Explanation:

Below is the calculation for price at break-even.

Percentage of fail product = 8%

Time duration = 2 years

Replacement cost = $300

Expected value = 8% x 300 = 24

The company has to pay 24 so the company can sell the extended warranty at the price of 24 in order to get break-even.

An increase in the fixed asset turnover ratio from 2.0 to 2.7 indicates a.an unfavorable change in the efficiency of using cash to generate sales. b.an unfavorable change in the efficiency of using fixed assets to pay down debt. c.a favorable change in the efficiency of using fixed assets to generate sales. d.an unfavorable change in the efficiency of using fixed assets to generate sales.

Answers

Answer:

c

Explanation:

Fixed asset turnover is an example of an activity ratio

Activity ratios calculate the efficiency of performing daily task of a firm

Fixed asset turnover = revenue / average net fixed assets

average net fixed assets = cost of asset - accumulated depreciation

If Fixed asset turnover increases it means that less fixed asset is generating higher revenue. this is a favourable change as it means efficiency has increased

The Phillips family has a joint gross monthly income of $11,300. The $499 lease payment for their car expires in four months. A student loan that has been deferred will kick in at the end of the year, and payments will be $210 monthly. Joe Phillips pays child support for his children with his first wife in the amount of $2,200 per month, but $600 of that will drop off in four months when his oldest son turns 18. They are buying a new home with a loan that carries a $2,700 a month payment. What is their housing ratio

Answers

Answer:

24%

Explanation:

Calculation to determine their housing ratio

Using this formula

Housing ratio= Housing expenses / Gross monthly income

Let plug in the formula

Housing ratio= $2,700/ $11,300

Housing ratio= 24%

Therefore their housing ratio is 24%

The CEO/chairman of PharmaPacifica was recently killed in an airplane crash. This tragedy has thrown PharmaPacifica into turmoil as there is no one in the organization qualified to step into the former CEO's shoes. This is an example of: a. the risk inherent in CEO duality. b. excessive reliance on the internal managerial labor market. c. managerial hubris. d. a failure of succession management.

Answers

Answer:

d. a failure of succession management.

Explanation:

Since in the given situation it is given that the CEO of the company killed in the airplane crash and other than him there was no one who is well qualified for the post of the CEO or chairman so this situation represent that there is the failure of the management when some higher authority is not there to direct them or seeing their performance aslo it is now very difficult to attain the company goals and objective

Therefore the option d is correct

In the context of work team processes, cooperative teamwork skills: Group of answer choices include the ability to have access to information for monitoring where the team and members are in the competition. include competitiveness and close monitoring. are those abilities that affect individual performance. are those activities essential to the effective interpersonal relationships within a group or a team.

Answers

Answer:

(D) ​include open communication, trust, personal integrity, positive interdependence, and mutual support.

Explanation:

With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything

So as per the given situation, the above should be the answer

For each of the following indicate whether unemployment is cyclical, structural, seasonal, frictional (or if this is not unemployment).
(Cyclical, Structural, Seasonal, Frictional, Not Unemployment) Bill just graduated from college and has yet to find his first job. He is confident that he will find a job.
(Cyclical, Structural, Seasonal, Frictional, Not Unemployment) Jane does not have a job because she has elected to stay home to care for her children.
(Cyclical, Structural, Seasonal, Frictional, Not Unemployment) Ned was a steel worker, but the plant closed because US factories can buy steel from China, Ukraine, and others more cheaply. It is unlikely that the plant will reopen.

Answers

Answer:

Frictional

Not Unemployment

Structural,

Explanation:

Unemployment can be defined as members of the labour force that do not have a job but are actively seeking employment

Types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  Ned is structurally unemployed due to changes in his industry

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. The period from when graduates till when he gets a job, he is frictionally unemployed

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

Jane is not unemployed because she is not seeking employment

Which of the following will increase the money supply? Question 17 options: an increase in the discount rate (relative to the federal funds rate) a decrease in the required reserve ratio an open market sale by the Fed a and c b and c

Answers

Answer:

a decrease in the required reserve ratio

Explanation:

The Federal Reserve utilises various strategies to control money supply to the economy. Money supply is the amount of money that is held by by the public in an economy.

The various methods used by the Federal Reserve to regulate money supply includes discount rate, reserve ratio, and open market operations.

Money supply will increase when the reserve ratio for commercial banks is decreased. This means less of their funds is required to be witheld from the public.

On the other hand an open market sale will mop up the cash in the economy, and an increase in discount rate (rate of lending to banks) will also cause a decrease in money supply.

Claude holds a large number of shares of Bayou Beauty, a regional brewing company that is considered a likely takeover target by a major international brewer. It would probably be in Claude's financial interest if Bayou Beauty's owners: Group of answer choices looked for smaller brewers to acquire instead of selling to the larger brewer. resisted selling at any price. sold the company to the larger brewer. designed a poison pill to discourage a takeover.

Answers

Answer: sold the company to the larger brewer.

Explanation:

Based on the information given, it would be in Claude's financial interest if Bayou Beauty's owners sold the company to the larger brewer.

The reason for this is that the same of the company to the major international brewer will result in long term performance and dividends.

A government spends money in order to:
O A. make sure government programs can function properly.
B. influence which products will be available to U.S. consumers.
C. prevent foreign businesses from competing with U.S. companies.
O D. decide what each employee at a U.S. company will be paid. SUBMIT​

Answers

Answer:

A. make sure government programs can function properly.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

The main reason for government spending such as building public schools, power supply, water, development of infrastructures, etc., is to ensure and facilitate the proper functioning of all government programs.

Hence, the government of a particular country is saddled with the responsibility of spending on basic projects or programs so as to create a sustainable, growing and efficient economy for its citizens.

Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a beginning Cash balance of $36,000. A. Purchased merchandise inventory on account, $16,900. B. Paid vendors for part of inventory purchased earlier in month, $11,100. C. Purchased merchandise inventory for cash, $10,400.

Answers

Answer and Explanation:

The preparation of the T-accounts are as follows:

For Account payable

Cash      $11,100            Inventory  $16,900

Balance $5,800

Total      $16,900          Total          $16,900

For Inventory

Account payable    $16,900

Cash                       $10,400             Balance    $27,300

Total                       $27,300            Total          $27,300

For cash

Opening balance    $36,000    Account payable  $11,100

                                                   Inventory               $10,400

                                                   Balance                 $14,500

Total                         $36,000    Total                      $36,000

HELP! D:<
Which are advantages of a partnership? (Check all that apply)
O sharing of profits with hundreds of stockholders
O more flexibility with time than a sole proprietorship
O potential conflict with partners
O shared liability

Answers

Answer:

O sharing of profits with hundreds of stockholders

O more flexibility with time than a sole proprietorship

O shared liability

Explanation:

In a business association, you can divide the benefits any way you need, under one condition—all colleagues should be in arrangement about benefit sharing. You can decide to divide the benefits similarly, or each accomplice can get an alternate base compensation and afterward the accomplices will divide any leftover benefits.

In a sole proprietorship, you do not have a lot of business uncertainity. You can also divide your shares and let other people have some of them. Unlike the diadvantages of not having a partnership, the liability is divide among all the shareholders.

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