From a financial reporting standpoint what form of

Question

1. From a financial reporting standpoint, what form of compensation is most desirable for the firm?

2. List the three bases for bonus incentive plans; explain how they differ and how each achieves or does not achieve the three objectives of management compensation.

3. Identify and explain the six financial ratios used to evaluate liquidity as part of the firm's business analysis.

4. From a tax-planning standpoint, what form of compensation is least desirable for the manager? For the firm?

Answer 1

As the showing assignment which demonstrate to financial reporting standpoint 1. From a financial reporting standpoint, what form of compensation is most desirable for the firm? 2. List the 3 bases for bonus incentive plans; describe how they diverge and how each attains or doesn’t achieve the 3 objectives of management compensation. 3. Recognize and demonstrate the 6 financial ratios used to estimate liquidity as part of the firm's business analysis. 4. From a tax-planning standpoint, what form of compensation is least enviable for the manager? For the firm?