Question and answer
The standards and rules that are recognized as a general guide for financial reporting are called __________. A. generally accepted accounting principles B. generally accepted accounting
standards C. operating guidelines D. standards of financial reporting
A. generally accepted accounting principles
Expert answered|kirkus92|Points 90|
Question
Asked 4/29/2013 5:36:51 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. A. $75 B. $60 C. $50 D. $65
Weegy: A. $65. 240 - (80+95) = 65. First 80, second 95. User: One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? A. $60,000 B. $150,000 C. $75,000 D. $90,000 Weegy: The machine setup cost pool should be assigned to sparklers is [ $60,000. ] User: Which one of the following is a product cost? A. Office salaries B. Indirect labor C. Sales person’s salaries D. Advertising costs Weegy: Indirect labor is a product cost. User: e standards and rules that are recognized as a general guide for financial reporting are called __________. A. generally accepted accounting principles B. generally accepted accounting standards C. operating guidelines D. standards of financial reporting Weegy: D. standards of financial reporting Thank you for asking Weegy! :) (More)
Question
Expert Answered
Updated 5/13/2014 10:42:00 PM
1 Answer/Comment
The standards and rules that are recognized as a general guide for financial reporting are called generally accepted accounting principles.
Added 5/13/2014 10:42:00 PM
25,058,765 questions answered
Popular Conversations
what is a gong?
5/5/2016 7:07:26 AM| 2 Answers
What was the main source of conflict between Native Americans and the ...
Weegy: The main source of conflict between Native Americans and the U.S. government is land rights.
5/5/2016 3:49:55 PM| 2 Answers
The talk test can be used to measure the __________. A. knowledge ...
Weegy: The talk test can be used to measure intensity of an activity.
5/5/2016 12:29:35 AM| 1 Answers
Forms of money in the United States consist of paper money, coins, ...
Weegy: Forms of money in the United States consist of paper money and coins only.
5/5/2016 1:05:37 AM| 1 Answers
Weegy Stuff
S
Points 210 [Total 210] Ratings 8 Comments 130 Invitations 0 Offline
S
Points 170 [Total 170] Ratings 2 Comments 130 Invitations 2 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 144 [Total 12396] Ratings 2 Comments 124 Invitations 0 Online
S
L
P
P
P
Points 45 [Total 3422] Ratings 0 Comments 45 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
Points 18 [Total 18] Ratings 0 Comments 18 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 1 [Total 48] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.