Please describe a nonmanufacturing business that could benefit from the use of standards. Also, explain how standards would help that business control its operations. Please be original.

Q: What are the benefits to a company of maintaining and encouraging high ethical standards?

A: Ethical standards can be defined as the set of ethical principles followed by business organizations…

Q: what recent development in FP&A, if any, can significantly help companies deal with a black swan…

A: The answer for the theory question on the development in FP&A that helps companies in dealing…

Q: Describe a nonmanufacturing business that could benefit from the use of standards. Also, explain how…

A:

Q: Discuss the dangers of ignoring the impact of business decisions on the full range of stakeholders,…

A: In every business, decision-making is the most important thing for business continuity. Businesses…

Q: your own research and critically examine the concepts of small proprietary company, large…

A: Proprietary company: A proprietary company can be defined as a private company which can be either…

Q: Business ethics is the study of problems and issues which involve ethical problems faced by…

A: Business ethics is a very important study that a business  organization must apply on its executers…

Q: Give reasons why WACC is important and examples where it is useful to a company

A: WACC is the rate of return that stakeholders expect for their investment in the firm. So, it helps…

Q: What are the main drawbacks of adopting the stakeholder approach as the basis for setting the…

A: A business or an organisation is run to achieve the objectives set for the organisation. The…

Q: elevator pitch”

A: An elevator pitch may be a transient, persuasive speech that you simply will use to spark interest…

Q: The IESBA Code of Ethics for Professional Accountants highlights a number of areas in which threats…

A: Advocacy threat refers to the threat which exists when the auditor is involved in promoting the…

Q: What is matching concept? Why should a business concern follow this concept? Discuss.

A: Matching concept: According to this principle, the expense should be recognized when it is actually…

Q: 1. What is the purpose of an EDP audit?

A: Dear student, I am answering only the first question, because we can answer an only a single…

Q: What is meant by GAAP? Why should all companies follow GAAP in reporting to external users?

A: Generally Accepted Accounting Principles (GAAP): Generally Accepted Accounting Principles are the…

Q: Some argue that having various organizations establish accounting principles is wasteful and…

A: Given statement is: Some argue that having various organizations establish accounting principles is…

Q: Under what conditions must an enterprise provide information about products and services?

A: If operating segments of an enterprise have not been determined based on Differences in products and…

Q: What is the concept of apparent authority? Give an example of how it might crop up in the business…

A: Meaning of Apparent Authority :- Apparent authority arises when someone reasonably believes a person…

Q: Please describe a nonmanufacturing business that could benefit from the use of standards. Also,…

A: The non manufacturing business is the one that provides services and do not produce any physical…

Q: definition of business ethics?

A: Answer: Concept: Business ethics is also known as professional ethics.

Q: nternal control does not consist of policies and procedures that Select one: a. Ensure that business…

A: Internal controls are the procedure that are implemented by an entity to ensure that the financial…

Q: d ho

A: Agency relationship : An agency connection can be understood as the fiduciary relationship in which…

Q: Which of the following is not a factor that influences a business's control environment?…

A: Business control environment: This business control environment is an internal control that operates…

Q: t includes all the rules and processes needed to safeguard assets, maintain accuracy in accounting,…

A: Answer: Concept: Safeguarding assets and maintaining accuracy in accounting is all about internal…

Q: An internal control system is made up of all rules and processes that are used to safeguard assets,…

A: Here is the Answer

Q: Which of the following term is related to the compliance of business ethics? O a. Public image O b.…

A: The entity needs to comply with their business ethics for long term growth and focus on both…

Q: Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion…

A: Computerized Accounting System refers to an accounting information system that  runs on a software…

Q: Is  a rule of Contra Proferentum defensible in today’s business environment? Explain with example

A: Meaning: It is a legal doctrine in contract law which states that any clause considered to be…

Q: Why is ethical behavior important to business?

A: Ethics: Ethics is a system of acceptable beliefs to control behavior and activities that are…

Q: How could the presentation  of financial information  pose an ethical dilemma to a business…

A: A professional in public has a responsibility to legitimate his clients. The ethical codes do not…

Q: Describe cloud computing and explain how it is similar to obtaining commodity products? Why is it…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: What are the basic code of ethics for an Accountant working in a Multinational Company? What could…

A: A Professional Accountant is required to comply with the following fundamental principles : A.…

Q: Why are internal accounting controls important to a business? What are advantages vs. the…

A: Internal control refers to a systematic procedure to be followed by the personnels of a company to…

Q: When it comes to the smooth running of a company, what role does an auditor play? Using relevant…

A: For smooth running of the organisation the auditor must ensure that the company is complying with…

Q: Assume that the FASB is considering revising an important accounting standard.Required:1. What…

A: Hello. Since your question has multiple sub-parts, we will solve the first three sub-parts for you.…

Q: Fully explain how the profits of firms with agents that operate their own equipment compare with the…

A: Operates of equipment for the own and which was incurred for the agent are different in the concept…

Q: Ethics Codes help companies to keep a standardized way to take decisions else the decision can be…

A: Unethical behaviour is described as activities that violate societal norms or are deemed…

Q: What does GAAP mean? Why should businesses adhere to GAAP when reporting to external stakeholders?

A: The accounting is a process to identify, classify and record the transactions of the business and to…

Q: Customers must be enticed to buy from them by offering a variety of perks and advantages, and they…

A: According to the notion of consumer behavior towards financial products, the issue is posed because…

Q: They are going to start a manufacturing company and need help deciding what entity type to choose to…

A: The different types of business entities prevent in an economy are(a)    Sole Proprietorship(b)…

Q: Which of the following is not an area where the Internet is used for business purposes?

A: Accounting Information System:   The system which helps to gather, store and process the accounting…

Q: The following describes the benefits of having a sound enterprise- wide Risk Management System…

A: Enterprise wide risk management have benefits of Manage performance variability Enhancing business…

Q: All of the rules and processes used to safeguard assets, assure accurate accounting, promote…

A: Internal Control: It is a system in which all the company's transactions get tracked and carefully…

Q: Discuss the differences between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…