When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of... rational decision making. You just studied 8 terms!
Answer:
Relevance and cost effectiveness
Explanation:
Full disclosure principle means that a business should report all the relevant and necessary information regarding their financial statement to the people who are accustomed to reading it as not disclosing full information might affect the readers understanding.
It prevents any lack of information from the business's financial information and helps to ensure that creditors, stakeholders and investors are aware of all the relevant information while making key decisions that affect the company.
Not disclosing all the information could manipulate the companies financial statement and it may look stronger that it really is.
In other to ensure that her social media is impressive to the employer, Puya has to do the following:
- She has to remove all questionable online content that are going to make her appear like she is not a professional
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She has to try to set up a professional page on social media.
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She has to be deliberate and selective about the people that she has on her friends list.
Maintaining a good social media presence is of great importance. Employers would not want to employ a person with questionable character or abnormal behavior as a worker in their company.
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Profit is when the selling price is more than the cost price or revenue is more than the cost while loss is the opposite of profit.
Answer:
b. 1 only.
- The Plan Passes the ratio percentage test.
Explanation:
the ratio percentage test = ratio of non-HCE / ratio of HCE ≥ 70%
ratio percentage test = (100/140) / (7/10) = 0.71/0.7 = 1.02 or 102% ≥ 70% ✓ passed
the average benefits test = 1.5% / 3% = 0.5 or 50% ≤ 70% X failed
This means that the highly compensated employees receive disproportionately high benefits from the plan.
