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Tomtit [17]
3 years ago
15

Generally Accepted Accounting Principles are a. theories that are based on physical laws of the universe. b. principles that hav

e been proven correct by academic researchers. c. income tax regulations of the Internal Revenue Service. d. standards that indicate how to report economic events
Business
1 answer:
Ket [755]3 years ago
7 0

Answer:

d. standards that indicate how to report economic events

Explanation:

GAAP is the set of standards, principles and procedures which tells us that how to report any econmic event to the other stakeholders of the oraganization. It is issued by the Financial Accounting standard board (FASB). So, the correct option is d. standards that indicate how to report economic events.

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When an organization has employees of different backgrounds and skill sets, it has greater and will be better than monocultural
creativ13 [48]

N.B: I don't understand your question fully and neither can i find the complete question anywhere on the internet so im going to answer this sentence and hope it helps you.

Answer:

True

Explanation:

When a company has employees from different backgrounds and with different skills set, it helps the company come up with a lot of innovations that cuts across different cultures, thereby expanding their own range of services and/or goods. Also it helps in problem solving as each employee can come to the table with various ways of solving a problem.

This situation can be called diversity of thoughts.

Cheers.

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2 years ago
Before tuberculosis was understood to be a communicable disease, and before the discovery of antibiotics to treat it, a major ou
uranmaximum [27]
<span>Reduction in a nation's labor force would long-run aggregate supply curse to the left, representing a reduction in labor. This would tend to drive up labor costs over time. Presumably, the demand curve would remain static in the short-term. However, such a reduction would also impact the nation's consumption and thereby reduce the demand for products. This would in turn drive a decreased demand for labor (leftward shift) and apply downward pressure to wages. The answer to this depends on whether the questions is regarding short-term, medium-term or long-term labor supply/demand curve.</span>
7 0
3 years ago
Taxes a distort incentives and this distortion causes markets to allocate resources inefficiently. b do not distort incentives,
RUDIKE [14]

Answer:

Letter a is correct. Distort incentives and this distortion causes markets to allocate resources inefficiently.

Explanation:

What happens is that when rates rise, it causes an imbalance in supply and demand, because at higher rates companies are forced to raise prices to offset tax costs, so the pass-through of consumer prices discourages consumption and as a consequence of less consumption, production also decreases, causing the inefficient allocation of market resources.

7 0
3 years ago
Alan runs a small manufacturing business. One day, a subordinate informed Alan about a problem in the production process because
Anton [14]
D. Resourcefulness; if you can pick more than one than also chose A. Confidence.
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