education
Why do external costs cause market failure?
An externality stems from the production or consumption of a good or service, resulting in a cost or benefit to an unrelated third party. Externalities le...
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Education
education
What are nature of financial statement?
The financial statements of a company reflect a true picture of its financial performances. They depict not only profits and losses, but also assets and l...
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education
Which account shows debit balance?
Asset, Expense and Loss Accounts will show a Debit Balance at the year end. Liability,Capital, Income & Gain Accounts will show a Credit Balance at th...
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education
How does a cash dividend affect stockholders equity?
Stockholders’ equity, also called owners’ equity, is the surplus of a company’s assets over its liabilities. Cash dividends reduce stockholders’ equity by...
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education
What is the main difference between traditional budgeting and ZBB?
Differences between Traditional Budgeting and Zero Base Budgeting. In traditional Budgeting, the previous year’s budget is taken as a base for the prepara...
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education
How do you support your ideas in writing?
Make sure that your support is appropriate and sufficient for the type of paper you are writing….Support can include: Responses from an interview. Results...
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education
What does cost of revenue include?
Cost of Revenues refers to the directly attributable to the goods or services of a company and includes the manufacturing, production and distribution cos...
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education
Is a controller higher than a director?
A controller, sometimes known as a director, is an important position in the accounting job titles hierarchy because this person is responsible for creati...
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education
What are financial statement level risks?
The risk of material misstatement on a financial statement level is the risk that certain risks could affect financial statements as a whole and potential...
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education
What are some ways that companies can reduce the currency risk they face?
Companies use different strategies to minimize profit margin squeeze. Among them: actively hedging cash flow by using forward contracts to lock in exchang...
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