The Franchise Registry maintained by the U.S. Small Business Administrationa) lists warnings about certain franchise systems.○ a)○ b)speeds up loan processing for small business franchisees.○ c)registers all franchise systems operating in the U.S.○ d)rates franchise systems according to a four star rating.

The Franchise Registry, managed by the U.S. Small Business Administration (SBA), serves as a…

Answered: The Franchise Registry maintained by…

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter18: Accounting Periods And Methods

Section: Chapter Questions

Problem 4RP

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. _______ Foreign licensing is similar toa. starting from scratch.b. franchising.c. wholesaling.d. establishing a subsidiary in another country.e. establishing a sales office in a foreigncountry.
Please explain it briefly and answer it with more then 75 words Why would an international enterprise such as GBI require a different chart of accounts in each country in which it operates?
Siemens AG, a German company, is Europe’s largest engineering and electronics company. The company prepares its financial statements according to IFRS. Required: I need to use the Internet to locate the most recent financial report for Siemens. The address is www.siemens.com. Locate the significant accounting policies disclosure note. How does the company account for research and development expenditures? Does this policy differ from U.S. GAAP?
If an American purchases a ticket from Scandinavian Airlines, paying by a personal check, which of the following entries would be the result? Group of answer choices a. a credit in Norway's service account b. a debit in Norway's service account c. a credit in the U.S. unilateral transfers account d. a debit in the U.S. unilateral transfers account
case: IFRS Reporting Visit the International Financial Reporting Standards (IFRS) Foundation and the International Accounting Standards Board (IASB) website at www.ifrs.org. Under the IFRS tab, click on “Use around the world,” or “Who uses IFRS” and complete the instructions below. Instruction: 1. Select a country of your choice and prepare a report summarizing the extent to which full IFRS and IFRS for Small and Medium-Size Enterprises (SMEs) are used in that jurisdiction.
Siemens AG, a German company, is Europe’s largest engineering and electronics company. The company prepares its financial statements according to IFRS. Required: 1. Use the Internet to locate the most recent financial report for Siemens. The address is www.siemens.com. Locate the significant accounting policies disclosure note. 2. How does the company account for research and development expenditures? Does this policy differ from U.S. GAAP?
Commercial letter of credit are? customarily required by importers of their suppliers. negotiable in the money markets of major cities. customarily provided by banks to their customers to accommodate their import activities. ordinarily provided by issuing bank at no charge to customers.
International Accounting Standards and Bonus Compensation The International AccountingStandards Board (ww.ifrs.org) is a London-based independent organization that develops and interprets International Financial Reporting Standards (IFRS). The mission of the IASB is to develop asingle set of high-quality, globally accepted accounting standards. About 150 countries throughoutthe world either permit or require IFRS for publicly held companies in their country. The U.S.continues to use generally accepted accounting principles (GAAP) as developed by the U.S.-basedFinancial Accounting Standards Board (FASB). The FASB, under the guidance of the SEC, hasdeveloped a plan in which the FASB and the IASB work together to complete a convergence ofIFRS and GAAP. The timetable for convergence is not firmly set, but many believe it may be onlya matter of time before U.S. firms will be using IFRS or something very much like it. Some of thenotable differences between GAAP and IFRS are that IFRS does…
Which of the following people must be registered in the states where they do business? A Representatives who work for a broker-dealer B C Representatives who work for an investment adviser Representatives who work for a broker-dealer and representatives who work for an investment adviser D Neither representatives who work for a broker-dealer nor those who work for an investment adviser
Effective credit management involves establishing credit standards for extending credit to customers, determining the company’s credit terms, and setting up procedures for invoicing and collecting past-due accounts. The following statement refers to a credit management policy. Select the best term to complete the sentence. The minimum financial strength a customer must have to be granted credit is indicated by the company’s . Consider the case of Universal Exports Inc.: Universal Exports Inc. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Universal Exports Inc. sells to its customers on credit terms of 1/10, net 30. If a customer bought $150,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Universal Exports Inc. get from the customer? $157,500 $148,500 $120,000 $127,500 If the customer paid off the account after 15 days, Universal…
Choose the correct. For a U.S.-based company, which of the following would be an acceptable presentation of countries for providing information by geographic area?a. United States, Mexico, Japan, Spain, All Other Countries.b. United States, Canada and Mexico, Germany, Italy.c. Europe, Asia, Africa.d. Canada, Germany, France, All Other Countries.
Fact Finding of requirements on Financial advisory service registration in AustraliaAssuming after graduation you would like to work as a financial adviser. Go to the website ofAustralian Securities and Investment Commission, do a fact finding and present an analysisof financial advisor registration to identify whether you are qualified and what steps shouldbe taken to be a financial adviser in Australia. The following questions should be addressed:(1) What is the ASIC’s Financial advisers register?(2) Who should be on the Register, who are not on the Register and who updates theregister?(3) What information should be on the Register?(4) What are the relevant financial products for a financial advisor?(5) What are the professional standards applied for a financial advisor.

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