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Q: Will the accounting equation hold true for every corporation?
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Why is Book and hold accounting technique a possibly ethical questionable approach to booking revenue?

The book and hold accounting technique is possible unethical because it leaves too much room for people to manipulate the numbers. The Enron company used this type of accounting.


Who is the owner of corporation?

The owners of a corporation are its stockholders. For a privately held corporation, this might be a small group of people who tightly hold the firm, or maybe a larger number of investors. For a publicly traded corporation, stock is bought and sold on the open market by thousands upon thousands of investors.


What is a stock option accounting function?

A stock option account is going to hold your stocks and keep track of whether they are up, or down, or balanced. It will also hold your funds, like mutual funds, and savings all accountable.


What is the book-and-hold technique in regards to questionable accounting practices?

Basically recording future sales transactions in the current period you're doing your books in. -Lucinda


Where can I find more information on restaurant accounting software?

Today, every restaurant business is more connected and interdependent than it has ever been. That's why an organization needs an restaurant management system to enhance internal business processes and monitor programs and resources. I was going through a website few days back 'Technology Counter' they makes AI-based tailor-made apps as per user needs to effectively manage your institution. check this out.

Related questions

Why is Book and hold accounting technique a possibly ethical questionable approach to booking revenue?

The book and hold accounting technique is possible unethical because it leaves too much room for people to manipulate the numbers. The Enron company used this type of accounting.


What imparts ownership in a corporation?

Ownership in a corporation is typically imparted through the ownership of shares of stock in the company. Shareholders own a portion of the corporation proportional to the number of shares they hold.


What title does Larry Ellison hold?

Chief executive officer, Oracle Corporation


What is a corperation owned by?

A corporation is owned by its shareholders, who hold ownership in the form of shares of stock. Shareholders elect a board of directors to oversee the corporation's management on their behalf.


Will an accounting degree give you an advantage on getting hired quicker in the accounting job fields?

Yes, job seekers with an accounting degree will hold a higher status over job seekers without one. Such a degree is indicative of experience and responsibility.


Who is the owner of corporation?

The owners of a corporation are its stockholders. For a privately held corporation, this might be a small group of people who tightly hold the firm, or maybe a larger number of investors. For a publicly traded corporation, stock is bought and sold on the open market by thousands upon thousands of investors.


What do Voting shareholders in a company hold?

In a corporation the voting shareholders hold the right to elect the Board of Directors. Each share represents one vote.


Can air hold a person up?

of course. Use the equation m = yx + v2


What positions can I hold in the accounting field with a high school diploma?

financial clerks, including those classified as bookkeeping, accounting, and auditing clerks, are needed in all types of organizations; in 2002 there were 3.7 million such clerks.


What position did Carlos Ghosn hold at Renault Corp?

Renault Corporation, 1996-1999, executive vice president


What position does Ronald McDonald hold whit McDonald's corporation?

counter,window,cook


What happened to Otis Oil and Gas Corporation?

For all of you doubting Thomases.....Otis Oil and Gas is coming back to life. Hold on to your britches!!!! Or, should I say, "Hold on to your stock certificate!"