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Ivenika [448]
2 years ago
15

Define individual and market demand.​

Business
1 answer:
Delicious77 [7]2 years ago
5 0

Answer:

<h3>Individual demand is influenced by an individual's age, sex, income, habits, expectations and the prices of competing goods in the marketplace. Market demand is influenced by the same factors, but on a broader scale – the taste, habits and expectations of a community and so on.</h3>
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A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or
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A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the <u>Time period principle.</u>

The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.

Any company's financial statements can be thought of as a snapshot in time that reveals both the company's history and its current status. That's why it's crucial to disclose to readers the time frame in which the financial statements were generated in accordance with the time period concept.

In its broadest sense, the time period principle holds that any enterprise may conveniently categorize its financial operations into discrete time intervals. That is to say, all cash inflows and outflows may be neatly categorised into separate and sequential accounting periods.

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brainly.com/question/13035515

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2 years ago
When Toyota introduced hybrid cars, there were waiting lists to buy them. Then Honda and a few other manufacturers entered the m
Sergeeva-Olga [200]

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B. Growth.

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4 years ago
Which statement correctly describes the current state of instant messaging in the workplace? Multiple Choice It is an establishe
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3 years ago
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