You have new items in your feed. Click to view.
Question and answer
what is going concern assumption?
Going concern assumption: An accounting guideline which allows the readers of financial statements to assume that the company will continue on long enough to carry out its objectives and commitments. [ In other words, the accountants believe that the company will not liquidate in the near future. This assumption also provides some justification for accountants to follow the cost principle. ]
Expert answered|jeifunk|Points 9798|
Question
Asked 5/30/2013 3:59:50 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
what are internal control environments for a large corporation?
Weegy: Internal control systems operate at different levels of effectiveness. [ Internal control can be judged effective in each of the three categories, respectively, if the board of directors and management have reasonable assurance that: They understand the extent to which the entity's operations objectives are being achieved. ·Published financial statements are being prepared reliably. ·Applicable laws and regulations are being complied with. ] (More)
Question
Expert Answered
Updated 5/25/2013 2:00:51 PM
1 Answer/Comment
prettyqueen13, when you take information from another website, you must provide a link to the source.

Please read the rules
Added 5/25/2013 2:00:51 PM
what are the social responsibilies of xerox corporation
Weegy: here are the social responsibilities of Xerox corporation. Joseph McGuire, in 1963, stated that “social responsibilities supposes that the corporation has not only economic and legal obligations, but also certain responsibilities to society”. [ It means that Xerox as a manufacturer, “plays an important role in influencing the sustainability of our environment”. (xerox.com, 2007) Source: ( ] (More)
Question
Expert Answered
Asked 5/25/2013 4:48:48 PM
0 Answers/Comments
what accounting principle did xerox violate?
Weegy: Xeros violated the generally accepted accounting principles (GAAP). (More)
Question
Expert Answered
Asked 5/26/2013 1:49:49 PM
0 Answers/Comments
what were the internal control problems of Xerox and accounting?
Weegy: The Security Exchange Commission requests ts that Xerox be enjoined from further violations of the antifraud and other provisions of the federal securities laws as alleged herein, [ that it be required to restate its financial results for the periods 1997 through 2000, that it pay a monetary penalty, and that its Board of Directors appoint a special committee of outside directors that shall retain a qualified consultant, not unacceptable to the Commission, to review the company's internal accounting controls and policies. ] (More)
Question
Expert Answered
Asked 5/28/2013 6:22:39 PM
0 Answers/Comments
what were the internal control violations of Xerox and its accounting management?
Weegy: The Security Exchange Commission requests ts that Xerox be enjoined from further violations of the antifraud and other provisions of the federal securities laws as alleged herein, [ [ that it be required to restate its financial results for the periods 1997 through 2000, that it pay a monetary penalty, and that its Board of Directors appoint a special committee of outside directors that shall retain a qualified consultant, not unacceptable to the Commission, to review the company's internal accounting controls and policies. ] ] (More)
Question
Expert Answered
Asked 5/28/2013 7:16:27 PM
0 Answers/Comments
26,603,187 questions answered
Popular Conversations
To form the comparative degree of adverbs, you should add which of ...
Weegy: Mikhail Gorbachev is responsible for glasnost, which called for openness and self-criticism in Soviet affairs. ...
12/9/2016 8:33:19 AM| 2 Answers
If you visit the Senate chamber during a session on an average day, ...
Weegy: Teamwork is a joint action by two or more people or a group, [ in which each person contributes with different ...
12/9/2016 10:52:15 AM| 2 Answers
Weegy Stuff
S
P
Points 178 [Total 450] Ratings 1 Comments 168 Invitations 0 Offline
S
P
Points 93 [Total 525] Ratings 0 Comments 93 Invitations 0 Offline
S
Points 63 [Total 63] Ratings 0 Comments 63 Invitations 0 Offline
S
P
P
Points 51 [Total 730] Ratings 0 Comments 51 Invitations 0 Offline
S
Points 42 [Total 318] Ratings 1 Comments 32 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 8 [Total 8] Ratings 0 Comments 8 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
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.