I have attached the list that contains the terms and phrases associated with basic assumptions, broad accounting principles, and constraints. I also answered it beforehand.
I hope it's the correct list and it will be of great help to you.
The price control that would cause a shortage of 20 units of the good is price celling set at $6.
<h3>What is
price celling ?</h3>
A price ceiling, can as well be regarded as the price cap, which is the highest point at which goods and services can be sold.
This serves as the type of price control as well as the the maximum amount in the market, and in the case , that is described above , The price control that would cause a shortage of 20 units of the good is price celling set at $6.
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Answer:
Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.
Explanation:
Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.
