« previous next »

Author Question: How do accounting systems evolve in common law countries? What will be an ideal ... (Read 109 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jul 7, 2018
How do accounting systems evolve in common law countries?
 
  What will be an ideal response?

Question 2

What is the first step in the normative model of decision making?
 
  A) identifying alternatives
  B) problem recognition
  C) evaluating alternatives
  D) implementation
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
Buy Test-Bank


meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 7, 2018
Answer to Question 1

In common law countries like the United Kingdom and the United States, accounting procedures evolve via the decisions of independent standards-setting boards like the Financial Accounting Standards Board in the United States. Each board works together with professional accounting groups.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Common physiological changes with aging Common physiological changes with aging
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Primary rainbows are the brightest and most common. Primary rainbows are the brightest and most common.
Common Typical "Older" Antipsychotics Common Typical "Older" Antipsychotics
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Video: Green alga life cycle Animation

For a complete list of videos, visit our video library