According to the conceptual framework, the objectives of financial reporting for business enterprises are based on Reporting on management's stewardship. The need for conservatism The needs of the users of the information. Generally Accepted Accounting Principles.

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Which are the best examples of costs that should be considered when creating a project budget?

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.