I had to look for the options and here is my answer:
If we based it on the modern times, we can see that China's economic impact on living trends and conditions has positively influenced the people. This means that there is apparent manifestation of the improvement of their living compared to the previous years.
Marshall suggested that the cause of a downward-sloping long-run supply curve is a) The absence of fixed cost in the long run.
A fixed cost tends to increase the marginal cost curve in the short run but due to the fact that the fixed cost is not viable in the long run, the marginal cost declines and so the long-run supply curve is falling in the long run.
In a lowering value industry, the long-run deliver curve is downward sloping due to the fact that as output will increase and new corporations input, production costs decline. The computer enterprise is an instance of a downward sloping supply curve, considering the fact that as the range of computers produced multiplied, the charge of inputs, consisting of chips, decline.
The lengthy-run deliver curve for an industry in which production fees boom as output rises (a growing-value industry) is upward sloping. The long-run deliver curve for an enterprise wherein manufacturing costs lower as output rises (a reducing-price enterprise) is downward sloping.
The long-run delivery is the delivery of goods to be had whilst all inputs are variable. The lengthy-run supply curve is always extra elastic than the short-run delivery curve. The lengthy-run average value curve envelopes the fast-run average fee curves in a u-shaped curve.
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Answer:
Being a member of any of these professional bodies gives you an edge in the Accounting profession.
Institute of Chartered Accountant of Nigeria
Institute of Chartered Accountant of Ireland
Institute of Chartered Accountant of England and Wales
Association of Accounting Technicians
Association of Certified Chartered Accountants
Chartered Institute of Management
and others
Explanation:
The critical thinking process includes the deep thinking process which involves deep insights into the assessment so that both the drawbacks and the benefits of the assessment process can be made easily. In addition to this, the critical thinking process helps the assessors to critically evaluate the students in order to identify their drawbacks and skills so that proper feedback to be given to them in order to cultivate the best values within the students. Thus critical thinking process helps in the best assessment process.
Critical thinking is the analysis and judgment of available facts, evidence, observations, and arguments. The subject is complicated. There are several different definitions, which generally involve a reasonable, skeptical, and unbiased analysis or evaluation of factual evidence. Critical thinking is self-directed, self-disciplined, self-monitoring, and self-correcting thinking. This means accepting strict quality standards and consciously mastering their application. It includes effective communication and problem-solving skills, as well as a commitment to overcome native egocentrism and sociocentrism.
Critical thinking is the active and skillful conceptualization, application, analysis, synthesis, and synthesis of information gathered or generated from observation, experience, reflection, reasoning, or communication as a guide to beliefs and actions. It is an intellectually trained process of evaluating and/or evaluating.
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Answer:
B. $16.67
Explanation:
The computation of the accrued interest expense is shown below:
= Notes receivable or Principal × rate of interest × number of days ÷ (total number of days in a year)
= $5,000 × 4% × (30 days ÷ 360 days)
= $16.67
We assume there are 360 days in a year
And, the 30 days is calculated from December 1 to December 31
This is the answer and same is not mentioned in the given options
