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aksik [14]
2 years ago
8

Traditional format income statements are prepared primarily for external reporting purposes. true /false

Social Studies
1 answer:
Sholpan [36]2 years ago
4 0

Traditional format income statements are prepared primarily for external reporting purposes are true.

<h3>What is income?</h3>

Income is the money that an individual or organization receives in return for their services or goods. Depending on the context—such as taxation, financial accounting, or economic analysis—income may have a variety of definitions. For the majority of people, their total earnings include their wages and salaries, investment returns, pension payments, and other receipts. There is no one, universal definition of income; rather, the concept is defined in accordance with the context in which it is used. For businesses, income refers to the revenues from selling services and products as well as any interest and dividends received in relation to their cash accounts and related reserves.

To learn more about income, visit:

brainly.com/question/25745683

#SPJ4

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A(n) _________________________ climate cycles takes much longer than a lifetime to complete.
Gemiola [76]

The complete sentence is:

  • Long-term climate cycles take much longer than a lifetime to complete.

<h3>What is a long-term climate cycle?</h3>

Long-term climatic cycles are climatic variations that are characterized by developing climatic changes over long periods of time.

For example, the current climate change has lasted for more than a hundred years, in which the temperature of the atmosphere has increased and this has triggered other climatic manifestations such as:

  • Extreme temperatures.
  • Ocean level rise.
  • Melting at the poles.
  • Decrease in snowy peaks.
  • Among others.

These processes typically take more than a lifetime because they are long-term processes that include small variations that result in large changes in climate and other aspects of the Earth.

Learn more about the weather in: brainly.com/question/885982

6 0
2 years ago
Nineteen-year-old Steve is extremely antisocial. He often gets into trouble with the law and is unable to hold on to any of his
Juli2301 [7.4K]

Answer:

The answer is psychodynamics.

Explanation:

Psychodynamics is an approach to psychology which is mostly concerned with unconscious motivation for behaviour. According to this theory, several parts of the human mind, such as personality, interact directly with emotions.

One of its founders was Sigmund Freud, who believed the brain was in a constant "flow of energy", and compared the forces of the mind to those of thermodynamics (hence the name).

3 0
3 years ago
A college administrator is trying to assess whether an admissions test accurately predicts how well applicants will perform at h
Mamont248 [21]

Answer:C)valid

Explanation:

A valid argument is an argument whose conclusions can be traced or related to the premise of such an argument.

Any argument whose conclusions can be linked up with the initial assumptions made by the premise if invalid.

The action of the college administrator of trying to assess whether an admissions test accurately predicts how well applicants will perform at his school the College administrator is concerned whether there is a valid Relationship.

6 0
4 years ago
Read 2 more answers
Who was the primary author of The Federalist Papers, writing 51 of the 85 articles published to increase support for the ratific
Radda [10]
"The Federalist Papers" is actually written by three writers namely John Jay, Alexander Hamilton, and James Madison which includes eighty-five essays. But the primary author of "The Federalist Papers" is Alexander Hamilton. The answer for this would be option D.
4 0
3 years ago
Read 2 more answers
Monique routinely uses a shredder to shred her paper mail into confetti-sized pieces of paper. When packing her glassware to mov
seropon [69]

Answer:

overcome functional fixedness                                                                      

Explanation:

Functional fixedness: It is often referred to as a cognitive bias that hinders a person's perception to utilize an object only it has always been used traditionally.

According to Karl Duncker, functional fixedness is a mental block for using an object differently to solve a problem.

A person can overcome functional fixedness through attempts at recombination, for example, generic parts technique.

From the above scenario, it can be concluded that Monique has overcome functional fixedness.

5 0
3 years ago
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