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1 year ago

To be useful for decision making, information should possess the fundamental qualities of relevance and.

1 answer:

7 0

To be useful for decision making, information should possess the fundamental qualities of relevance and Faithful representation.

<h3>What is faithful representation?</h3>

Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.

It is paramount that a company a financial statement is accurate to what they present in the financial statement and should not be compromise.

Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and Faithful representation.

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A generation ago, ketchup was an essential element of every American pantry and salsa was a relatively unknown product. The popu

s344n2d4d5 [400]

Answer:

Social

Explanation:

PESTLE analysis is a tool to identify those external factors which influences organization.

P: Political Factors influencing organization's performance.

E: Economical Factors creating hurdles in the way of the organizations.

S: Social Factors account for changed behavior of consumers towards organization.

T: Technological Factors playing it's role in influencing organizational performance.

L: Legal Factors accounting for legal barriers for the organizations.

E: Environmental Factors affecting companies but no one pays attention to it.

Salsa's increased popularity is represented by Social Factor: As belief is the most vital element which has effect on consumers decision making a company's growth or loss can be accounted for it. Not just belief the demographics and the attitude of people towards general issues can play their roles as well.

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3 years ago

The 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. the porters budgeted $1,250 for

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Answer:

the answer is $ 300

Explanation:

because by subtracting 1,500 - 1,200 it gives us 250 and the only one who gives us a similar pressure is multiply (1,500) (. 20) it gives us 300

5 0

3 years ago

Read 2 more answers

Aiello, Inc. had the following inventory in fiscal 2016. The company uses the LIFO method of accounting for inventory. Beginning

quester [9]

Answer:

The correct answer is B. $1,800.00

Explanation:

LIFO Perpetual table is attached.

The table shows purchases, sales and balance of each period.

As the final inventory is 120 units, we suppose the sales of the year. Applying LIFO, our ending inventory cost is 120 units, each one at $15

So, total cost is $1800 (120* 15)

Download xlsx

8 0

3 years ago

Which describes the process by which assets or equipment decrease in value

JulsSmile [24]

Depreciation is the correct answer

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2 years ago

Prior to labor unions, both the employer and employee had the legal right to terminate an employment

Kruka [31]

Before the times of the labor unions, both the employer and the employee reserved the right of employment at will, meaning either one could terminate the agreement at any time and for any reason.

The correct term for the situation proposed in the question is employment at will. The other options describe agreements that have arisen since the creation of the labor unions.

The first option, a closed shop, described an agreement made between the hiring party and the labor unions in which the hiring party agrees to only hire members of the union, while an open shop is just the opposite.

Collective bargaining, on the other hand, is the long process in which the workers of an institution work through their labor unions in order to negotiate contracts and the terms of employment, which include income and benefits.

Therefore the only option that existed prior to the development of labor unions is employment at will, which allowed the termination of a contract at any time for any reason.

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3 years ago