The external factors that might affect how the business operates are:
- A. Domestic business environment
- B. Political-legal environment
- C. External environment
<h3>What are the external factors that impact business operation?</h3>
The external factors that impact business operations include:
- Social
- Economic
- Competitive
- Demographic
- Global factors
- Technological
- Political and legal.
The corporate culture of an organization is outside its boundaries.
Thus, the external factors that might affect how the business operates are Domestic, Political-legal, and External environments and not the corporate culture.
Learn more about an organization's external environments at brainly.com/question/15020066
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Answer:
The correct answer is C)
Explanation:
A pledge in this context is a vow or a promise to make a donation or give something at a future date. It may be vocalized or communicated in writing.
The Financial Accounting Standards Board (FASB), sets out the criteria for recognizing a pledge or a promise as follows:
- Relevance— If the promise is important enough to make a difference in the users decisions, then it ought to be recognized
- Definitions—If the item satisfies the definition of a component of a financial statement, then it ought to be recognized;
- Dependability— When the pledge is based on a fact that can be recorded, verifiable, and neutral, then it can be recognized
- Measurability— if it allows for measurability, then it should be recognized
It is clearly stated that where the certainty or reliability of a promise or a vow is difficult that measure, it is better to decline from recognizing such a pledge.
Cheers!
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Answer:
Detailed step wise solution is given below:
