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What is the meaning of owners equity in the balance sheet? Why are certain unrealized gains or losses included in owners' equity?
What do aggregated balance sheet totals represent? This data is used for ratio analysis How useful do you think ratio ai1alvsis is?
Hence, it is not cash flow differences that are at issue but rather the ability to estimate the expected returns that is the key point.
Why do you think firms favor using a higher rate? Is TAS No. 87's argument favrile recognition of a pension labeler for accumulated benefits consistent?
How has ERISA affected pension accounting? How do the accounting and economic conceptions of a pension liability differ?
Why did APB Opinion No.8 only minimally improve uniformity between companies?
Why is there a pension accounting problem with defined benefit pension plans, but not with defined contribution plans?
Would World com's actions have led to a situation of income tax allocation? Explain.
Why Do you think that income tax allocation can improve the prediction of future tax payments in the short-run:
What is the interpretation of income tax expenses under partial allocation? How did SFA.SNo. 96 differ from APE Opinion No. 11?
Relative to depreciation, why is comprehensive allocation an example of rigid uniformity and partial allocation an example of finite uniformity?
Assuming that the old cement mixer is to be kept, determine the obsolescence write down if current values are being used
Why might it be said that both constant dollar and current cost income numbers under SFAS No. 33 are disaggregated?
What is the argument against including bonds payable as a monetary liability in the purchasing power gain or loss computation?
firm has a net monetary liability balance of$10,000 on January 1, 2001. Compute the purchasing power gain or loss for the Year.
What does the chart indicate concerning the usefulness of income, cash, and funds flows?
What does it mean to classify a cash flow according to the basic nature or function of the event as opposed to the ultimate purpose of the transaction?
How does the source/use classification reflect the structure of double entry accounting? What is the purpose of reporting noncash items in the SCF?
What attribute is being measured in the SCF, and how well is representational faithfulness achieved? Compare this to when funds are defined as working capital.
Explain how cash flow data complement the income statement and balance sheet? What is the advantage of classifying it alian operating cash flow?
How did the all-inclusive or all-resources approach to the SCFP with funds defined as working capital difference from the-older funds flow.
In 1983, a number of computer software companies reported use of an accounting. Evaluate the software capitalization argument with referenced SF Snow. 2.
Why is it argued that capital market research cannot determine the optimality of accounting policies even for the limited investor creditor group?
What are some limitations of capital market research? Describe the general findings from capital market research concerning the information content.
Why does the concept of market efficiency (with respect to information) have no necessary relation to the quality of accounting information?