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What is the primary justification for reporting on consolidated basis?
Wiki User
∙ 15y ago
Viewing the partents and the subsidiary as one single company.
Wiki User
∙ 15y ago
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What is clean overdraft limit?
It is the limit provided by the Banks/ Financial Institutions to a party without any depositing of primary security. It is given on the basis of market value of the property/Collateral and its' last year's sale value
What is the cost basis of Lucent stock spun off in 1995?
The cost basis after the spin off was 27.99. In addition, the at-cost basis was at 72.01 of previous basis.
Disadvantages of an integrated accounting system?
The main disadvantage of integrated accounts is that a single system is used to provide information both for external and internal reporting requirements. The need to provide information for statutory purposes may influence the quality of information which can be made available for management purposes. For example, it may be more useful for management purposes to have inventory valued on a LIFO basis. However, this would not be acceptable for external reporting purposes and the latter requirement may prevail to the detriment of management information
What is iFRS equity?
IFRS means International Financial Reporting Standard Equity means Equity IFRS Equity means Equity computed on the basis of IFRS For more info I can suggest you to visit these website: http://www.ifrslist.com/ (is a free community about IFRS. I suggest you to join it) http://www.ifrslist.com/tag/equity/ Regards
Do apartment rental histories appear on credit reports?
Not usually, though if payments were made late on a regular basis or the landlord/management company had to send your account to a collection agency to get rent or damage fees, that information will be reported to a credit reporting agency and thus appear on a credit report. Regular paying of rent does not appear, just address and previous addresses if any.
Does accounting fall in the business primary occupation?
Partially accounting fall under the business primary occupation also we can say accounting is "the language of business". Accounting is an essential business function that involves recording transactions, summarizing data, and then reporting and analyzing the results on a periodic basis.
Is justification another word for reason?
It can be, if the noun "reason" is used to mean the cause or basis for an action.For example, his justification for running away (his reason for running away) was that he thought he would be mistreated by the police.
WGME-Where is reporter Kate Barker?
She's still reporting from WGME's newscasts on a freelance basis.
What is legal justification?
Legal justification refers to the reasoning or rationale used to support a legal decision or action. It explains why a particular law or legal principle is applicable in a given situation and provides the basis for legal arguments in court. Legal justification is essential for ensuring that decisions are fair, consistent, and in accordance with legal principles.
Can a reporting entity use value in use as the basis for revaluation?
yes i can a report entity because i need this
What is the tax basis of accounting?
Whatever basis of accounting is used on an entity's tax return. Typically, used by smaller entities to reduce the burden of financial reporting. Tax basis of accounting is a non-GAAP OCBOA(other comprehensive basis of accounting).
Does an executor to a will in NY have to update beneficiaries on regular basis?
Yes, there is typically an annual reporting requirement to the court and beneficiaries.
Why should a project have a well defined reporting period?
Written reports are as important as oral communication during the development of the project. During the development of such reports some criteria has to be followed in content, type, format, and distribution of reports. Reporting system may be day to day basis or on a weekly or monthly basis.
Is the Declaration of Independence about religion?
NO- Not really. There is a reference to a Creator which is a sort of religious reference, but the document is a justification for the declaration of independence from British rule. One justification is what is known as universal human rights. These rights can be based on religion but are also accepted by philosophers and ethicists with no religious basis.
How often does your credit report get updated?
Credit information is forwarded to the three major credit reporting agencies by lenders and creditors, so the exact reporting varies. Usually it is reported monthly. This makes it important for consumers to have access to credit information on a regular basis.
Teachers in primary schools are classified on the basis of daily wages as under?
yes they are
What is the definition of detached?
Reporting statistical measure without giving any basis for comparison. Example 1/3 fewer calories
