Answer:
of labor
Explanation:
situations where people are coerced to work for little or no remuneration, often under threat of punishment
Generally accepted accounting principles are the standards and rules that accountants follow while recording and reporting financial activities.
<h3>
What is Generally accepted accounting principles?</h3>
A unified collection of accounting regulations, guidelines, and practices published by the Financial Accounting Standards Board is known as generally accepted accounting principles (GAAP) (FASB). When assembling their financial accounts, American public firms' accountants are required to adhere to GAAP.
Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard.
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Answer:
rationalizing
Explanation:
Rationalization in psychology or logic is indeed a defensive mechanism wherein problematic actions or emotions are defended and clarified in an obviously logical or rational way to escape the mechanistic explanation, and are rendered actively bearable or perhaps even impressive and preferable by convincing methods.
Rationalization facilitates unreasonable or unacceptable behavior motivations or emotions and sometimes includes hypothesizing ad haste. This cycle goes from completely aware to mostly unaware. Individuals rationalize for different reasons.
The level of entrepreneurial activity in a nation is positively related to the nation's level of economic productivity.
<h3>
What is economic productivity?</h3>
Productivity is the proficiency of creation of labor and products communicated by some action.
Estimations of economic productivity are many times communicated as a proportion of a total result to a solitary info or a total info utilized in a creation cycle There are various meanings of productivity (counting those that are not characterized as proportions of result to include) and the decision among them relies upon the reason for the productivity estimation as well as information accessibility.
Productivity is a pivotal consider the creation execution of firms and countries. Expanding public productivity can increase living expectations since all the more genuine pay works on individuals' capacity to buy labor and products.
Therefore economic productivity maintain the level of entrepreneurial activity.
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Answer:
A transaction that involves the investment of cash in a business is debited because
1) For a business to invest cash for their expansion, involves the reduction of finances in the available revenue or profit for the purchase of equipment, property and software for internal use, for which money has to be drawn, which is a form of b=debit
2) For an owner investing money into his business, is taken as an increase in the amount the business owes the owner, which is equivalent to amount owed the owner which has to be recorded as a debit for financial accounting
Explanation:
