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 321 days ago|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 321 days ago|5/13/2014 10:42:00 PM
20,182,703 questions answered
Popular Conversations
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 4 Answers
After the Spanish-American War, the _______ reserved the right of the ...
Weegy: After the Spanish-American War, the Platt Amendment reserved the right of the United States to intervene in ...
3/29/2015 10:56:48 PM| 3 Answers
eukaryotes User: prokaryotes
Weegy: The answer is A. The origin of cell membranes, it cannot be any other listed. Anything else? User: Which kinds ...
3/30/2015 5:09:22 PM| 3 Answers
Discretionary spending is spending which requires governmental ...
Weegy: Discretionary spending is spending which requires governmental approval on an annual basis. TRUE. User: ...
3/29/2015 9:27:10 AM| 2 Answers
What is the equation of the line that has a slope of –2 and a ...
Weegy: The answer is B) architecture and music. User: Some nouns that end in -um are made plural by changing the –um ...
3/29/2015 10:39:54 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
L
Points 543 [Total 1048]| Ratings 10| Comments 433| Invitations 1|Offline
S
P
C
L
P
L
1
P
Points 541 [Total 7848]| Ratings 8| Comments 461| Invitations 0|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 405 [Total 1527]| Ratings 2| Comments 385| Invitations 0|Offline
S
Points 203 [Total 203]| Ratings 2| Comments 183| Invitations 0|Online
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.