In February 2009, the ________ passed the rule requiring all large domestic publicly traded firms to begin formatting their financial statements using XBRL.
A. International Accounting Standards Board.
B. American Institute of Certified Public Accountants.
C. Financial Accounting Standards Board.
D. Securities and Exchange Commission.
Answer: D
You might also like to view...
What options are available to a firm that has a product in the decline stage of the product life cycle? Briefly discuss each option
What will be an ideal response?
A(n) ________ is an association of seagoing carriers that have joined together to offer common freight rates
A. independent line B. freight forwarder C. conference line D. free carrier
A company purchased mining property for $4,875,000 containing an estimated 15,000,000 tons of ore. In Year 1, it mined 689,000 tons of ore and in Year 2, it mined 935,000 tons. Calculate the depletion expense for Year 1 and Year 2 and determine the book value of the property at the end of Year 2.$4,875,000/15,000,000 tons = $0.325 per tonYear 1: 689,000 tons * $0.325 per ton = $223,925Year 2: 935,000 tons * $0.325 per ton = $303,875
What will be an ideal response?
In public relations targeting, external audiences include
A. the suppliers. B. the stockholders. C. the public. D. the customers. E. the employees.