Explain why a firms management might be prepared to expend considerable resources to lobby for or against
Question:
Explain why a firm’s management might be prepared to expend considerable resources to lobby ‘for’ or ‘against’ a proposed accounting standard.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
As part of the accounting standard setting process accounting standard setters such as the IASB FASB and the AASB encourage interested parties to make ...View the full answer
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Create an introduction as well as a conclusion for the following below Purpose of motivation in the workplace The concept of motivation has a central position across the field of psychology....
-
Calculate and compare the efficiency of the two turbines of Prob. 14123. They should be the same since we are assuming dynamic similarity. However, the larger turbine will actually be slightly more...
-
Describe how the executive branch of government checks the power of administrative agencies.
-
Does the pattern of management developments at GE over the last century seem to reflect the pattern suggested by management theory? Explain your answer.
-
Electrons enter a region of perpendicular electric and magnetic fields (similar to Example 27. 5). The region occupied by the fields is \(40.0 \mathrm{~mm}\) long in the \(x\) direction, where \(x\)...
-
Jordan Corporation had sales in 2010 of $150,000, in 2011 of $180,000, and in 2012 of $225,000. The gross profit percentage of each year, in order, was 26%, 29%, and 32%. Past history has shown that...
-
4. In doubly linked lists, traversal can be performed?4 a) Only in forward direction b) Only in reverse direction c) In both directions d) None
-
Positive Accounting Theory utilises the concept of political costs. Briefly define political costs. What actions might a firms management undertake in an attempt to minimise the political costs that...
-
What role does the auditor play in financial reporting?
-
Determine the apparent molecular weight of synthetic air created by mixing 1 kmol of O 2 with 3.76 kmol of N 2 . Also determine the mole and mass fractions of the O 2 in the mixture. 0- N D Synthetic...
-
What is the result of compiling and executing the following class? A. The code does not compile. B. 4 C. 5 D. 10 E. 20 public class RollerSkates { static int wheels = 1; int tracks = 5; public static...
-
Which changes made to the following class would help to properly encapsulate the data in the class? A. Add a getter method for material. B. Add a setter method for material. C. Change the access...
-
What statement about the following interface is correct? A. Line 2 does not compile. B. Line 3 does not compile. C. Line 4 does not compile. D. Line 5 does not compile. E. Line 6 does not compile. F....
-
What is the output of the Computer program? A. computer-laptop B. laptop-computer C. laptop-laptop D. The code does not compile. E. None of the above. class Laptop extends Computer { public void...
-
The code contains six pairs of curly braces. How many pairs can be removed without changing the behavior? A. One B. Two C. Three D. Four E. Five F. Six 12: public static void main(String[] args) {...
-
In the game of soccer, players are sometimes awarded a penalty kick. The player who kicks places the ball 12 yards from the 24-foot-wide goal and attempts to kick it past the goalie into the net....
-
Suppose the government bond described in problem 1 above is held for five years and then the savings institution acquiring the bond decides to sell it at a price of $940. Can you figure out the...
-
Why are adjusting entries needed at the end of an accounting period?
-
Why are adjusting entries needed at the end of an accounting period?
-
What is the difference between adjusting entries and correcting entries?
-
A battery is connected in series with a capacitor. There are 100 electrons on the bottom plate of the capacitor. What is the charge on the bottom plate of the capacitor?
-
Three circuit elements are connected in series to form a closed loop: an uncharged 2 0 . 0 - mu F capacitor, a 1 0 0 - V DC power supply, and a 1 0 . 0 - M resistor. What is the maximum charge that...
-
Wee Works specializes in renting space to very small high tech start ups. It owns several properties in various cities in the US that are trying to attract start ups. Even though it is a bit outside...
Study smarter with the SolutionInn App