Answer:
2.34
Explanation:
the economy was initially struggling with a 2.34 annual rate of increase in the price level.
The correct answer is B- waste and rework
Answer:
$2350.
Explanation:
The computation of the net income is shown below:
= Service revenue - operating expenses
= $4,500 - $2,150
= $2,350
The other items are related to the retained earning account, assets account, stockholder equity account. So, these items should not be considered in the computation part. Hence, ignored it
Answer:
b. Audit documentation provides the principal support for the audit opinion expressed by the auditor
Explanation:
Audit documentation is evidence tha the auditor has performed his or her duties as per law and a record of the procedures performed together with conclusions reached.
The audit documentation is a support to teh issues identified during auditing and the method used to resolve them, it is also the principal support to the opinion expressed by the auditor.
When collective decision making is utilized to resolve economic questions regarding the allocation of resources, the role of markets will be replaced by political decision making.
What is a collective decision?
When two or more individuals analyze, choose, or use a good or service, collective decision-making is taking place. Members participate in the decision-making process in both families and organizations in a variety of ways.
How do economists solve the problem of scarce resources?
The government decides what to produce and allocates the resources according to its decisions. Another method the governments use to solve the problem of scarcity is by raising prices, but they must make sure that even the poorest consumers can afford to buy it.
Learn more about scarcity of resources: brainly.com/question/17766279
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