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Why are financial accounting standards important?
These standards are important because external financial reporting can demonstrate financial accountability to the public. They are the basis for many legislative and regulatory decisions, as well as investment and credit policies.
What has become the ultimate standard agains which the conduct of contemporary gov is measured?
Public Opinion.
Does the bt homehub2 broadcast btfon and openzone on the N standard or the G standard?
The BT Home Hub 2 broadcasts BT Fon and Openzone using the 802.11g standard. This means that while the home network can operate on the N standard for better performance and speed, the public Wi-Fi hotspots (BT Fon and Openzone) are limited to the older G standard. This allows for broader compatibility with a range of devices that may not support the N standard.
Can a trust enjoy greater confidentiality than other forms of enterprise?
Yes, a trust can offer greater confidentiality compared to other forms of enterprise, such as corporations or partnerships. Trusts typically do not require public disclosure of their beneficiaries or assets, allowing for a higher level of privacy in financial matters. Additionally, the trust's terms and operations are often not subject to the same reporting requirements as corporations, which can enhance confidentiality further. However, specific laws and regulations may vary by jurisdiction, so the level of confidentiality can depend on local laws.
Are credit card numbers repetitive?
No. The process of selecting cc numbers is governed by the American National Standard Institute and the International Standard Institute. They do not make the information public. One part of the process is the Luhn Algorithm, which is way to complicated to impart and for most laypersons to comprehend.
What do public law disclosures do?
Public disclosure laws allow the public to access to previously secret information. An example of a public disclosure is financial information of those involved in a legal case.
What is fraudulent financial reporting?
Confidence in the operation of capital markets is compromised when the system of public disclosure is eroded by reported instances of fraudulent reporting.
Identify each category of damage from the description provided?
- Damage to Sources and Methods is an unauthorized disclosure that provides insight to adversaries on how the information was obtained and by whom. -Potential Loss of Life is an unauthorized disclosure that can cause casualties. -Effect on International Alliances is an unauthorized disclosure that impacts a foreign government's or intelligence service's willingness to work jointly with the U.S. -Financial Costs is an unauthorized disclosure that requires significant amounts of money to correct. -Impact to Foreign Policy is an unauthorized disclosure that may damage political relationships, negatively effecting the creation and implementation of foreign policy. -Distorting Public Perception is an unauthorized disclosure that influences public opinion.
How does a public disclosure law help consumers?
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What is the disclosure principle of financial accounting?
As an accountant of a public company (one with stocks, etc), if you obtain information that could affect the value of the stocks (etc.) you may not disclose this information to any third party.
What is the conceptual meaning of bank's duty of secrecy?
* where disclosure is under compulsion of law; * where there is a duty to the public to disclose; * where the interests of the bank require disclosure; and where the disclosure is made by the express or implied consent of the parties
What is statutory disclosure?
Statutory disclosure refers to the legal obligation of individuals or organizations to provide specific information to regulatory authorities or the public as mandated by law. This can include financial statements, corporate governance details, or any material information that could influence stakeholders' decisions. The purpose of statutory disclosure is to promote transparency, accountability, and informed decision-making. Failure to comply with these requirements can result in legal penalties or sanctions.
An example of a public disclosure law is?
requiring content labels on food products
A user in not responsible for protecting information not authorized to be released for public disclosure?
false
How much money does detergent cheer make?
they don't break that out in the public disclosure
What are four ways in which the FEC attempts to regulate the role of money in campaigns?
They require the timely disclosure of campaign financial data, place limits on campaign contributions, place limits on campaign expenditures, and provide public fund.
What is true of public corporations?
Public corporations are owned by shareholders who can buy and sell stock freely on the open market. They must adhere to strict regulatory requirements, such as financial reporting and disclosure obligations. Public corporations often have a large number of shareholders and are typically managed by a board of directors elected by the shareholders.
