Answer:
Accounting information identifies, records and communicates information about a business.
Explanation:
The accounting information identified the business records and communicate the business information to the insiders and outsiders also it does not have any effect on everyone except the stakeholders. In addition to this, it is not depend upon the valuation made for the stock market
So as per the given situation, the above statement should be correct
Considering the situation described above, the equality of wage rates would be <u>lower</u>.
This is because when there are high differences in the level of skills, preferences, and motivations of workers, some workers with high skills, and skills preference and increased motivation will earn higher wages.
On the other hand, the workers with low skills, less preferred by employers, and have less motivation to work, will undoubtedly earn lower wages.
This situation would lead to the equality of wage rates to be lower, as many people earn higher, while many others make lower.
Hence, in this case, it is concluded that massive disparity in skills, preference, and motivations cause lower equality in wage rates.
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Middle Managers are responsible for the creation of tactical
plans. Middle managers are those people who are in the senior management
position. Main roles of middle managers is to make a strategy for the company
making sure that the company focus on their goals and targets. The middle
managers should also provide quick results is solving the company’s problems.
False Communities and countries with greater income inequality tend to have higher rates of crime and higher rates of drug use. These relationships are examples of positive correlations
<h3>What is
income?</h3>
Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.
Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.
Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.
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