Answer:
D. participant companies do not share costs or profits.
Explanation:
A strategic alliance is the business relation that would be between two or more companies in order to accomplish their individual goals and objectives. In this, the companies would be work independently so that no one could interfere. The motive to create this is to gain a competitive advantage
So according to the given situation, the option d is correct
And, the rest of the options would be incorrect
GASB statement is the highest level of authorities rules for state and local government accounting.
Government Accounting Standard Board statements and interpretations are the best levels of authority beneath GASB's GAAP hierarchy as established via GASB Statement No. 76, The Hierarchy of typically accepted Accounting ideas for the country and nearby Governments, that's effective for FY 2016.
This concept statement is considered one of a series that the GASB has issued or will problem. Concepts Statements are intended to offer a conceptual framework of interrelated goals and essential principles that can be used as a foundation for organizing constant accounting and financial reporting requirements.
Required governmental fund statements are a balance sheet and an announcement of sales, costs, and modifications in fund balances. Required proprietary fund statements are an assertion of internet assets; an assertion of revenues, prices, and modifications in fund internet property; and a statement of coins flow.
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When there is a difference between income on variable costing and absorption costing, this is as a result of fixed overhead is accounted.
<h3>What
is variable costing? </h3>
This is a method of designing the income statement such that variable costs are separate from fixed cost.
As a result, the net income might be different from absorption costing which lists all expenses regardless of what kind they are.
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Answer:
recordkeeping or bookkeeping
Explanation:
In 1994, if the price of wheat had risen above the price floor set by the U.S Government, then the Government would have done nothing.
in 1994 U.S still implemented full capitalist market, the Government would not have any power to intervene anything that happen in the market
