1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miv72 [106K]
3 years ago
14

The unit of measure assumption states that:

Business
1 answer:
Gelneren [198K]3 years ago
4 0

Answer:

c) results of business activities should be reported in an appropriate monetary unit.

Explanation:

The unit of measure concept is a standard convention used in accounting, under which all transactions must be consistently recorded using the same currency so the periods are comparable.

You might be interested in
Which field deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information
xz_007 [3.2K]

Information systems for management. focuses on the development, usage, and effect of information systems utilized inside an organization, as well as behavioral and technical concerns related to these topics.

A management information system (MIS) is a type of information system used in organizations for information coordination, control, analysis, and visualization as well as decision-making. People, procedures, and technology are all involved in the organizational setting of the study of management information systems.

What three different types of management information systems are there?

Operational-level systems, management-level systems, and strategic-level systems are the three primary kinds of information systems that serve various organizational levels.

To know more about Information systems for management.

brainly.com/question/14688347

#SPJ4

7 0
1 year ago
Claude purchased raw land three years ago for $1,500,000 to develop into lots and sell to individuals planning to buildtheir dre
dmitriy555 [2]

Answer and Explanation:

Clude had purchased the raw land three years ago for $150000 and treated it like a inventory. she constributed the property to south peak investments LLC in exchange for 10% profit interest. but south peak will hold it for investment purpose.

a) after 4 years from Cludes contribution south peak sells the land for $3000000 the gain would be $3000000 - 1500000 = 1500000. the character is of long term capital gains since ths LLC held ot as investment asset

b) if south peak sells the asset after 5 years six months then also the gain would be sa,e and character would be same since LLC has held the asset fore investments purpose and at the same time its holding period is above one year.

3 0
3 years ago
What happens when a single seller market develops into a competitive market?
Luden [163]

Answer:

Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

6 0
3 years ago
Which of these careers interest you? Check any that apply.
Alexxx [7]

Answer:

Librarian.

Librarian.

Librarian.

anytime

4 0
3 years ago
Read 2 more answers
Which of the following is typically considered a disadvantage of sole proprietorships? Multiple Choice Income taxes are paid by
matrenka [14]

Answer:

The answer is: Owner is personally liable for all debts of the business.

Explanation:

Sole proprietorship is the oldest type of business, where a single person is the owner of a business.

Some of the advantages of sole proprietorship are:

  • the simplest and most flexible business structure.
  • owner has complete control and full decision making powers
  • easy to close down the business
  • profits are taxed at the owner´s tax rate

Some of the disadvantages of sole proprietorship are :

  • owner is personally liable for all debts of the business .- if the business goes bankrupt, usually the owner does also
  • death or illness of the owner will lead to the end of the business.
  • difficulties in raising capital from outside sources
7 0
3 years ago
Other questions:
  • At the ____ meeting with the project team at the end of the project, the project manager should lead a discussion of what happen
    5·1 answer
  • The​ do-it-yourselfer plucked a gallon can of base paint from the shelf of the local hardware store and handed it to​ keith, the
    10·1 answer
  • An applicant for an individual health policy failed to complete the application properly. Before being able to complete the appl
    10·1 answer
  • A company had a debit balance of $1,700 in the Allowance for Doubtful Accounts account and a debit balance of $450,000 in the Ac
    14·2 answers
  • A hurricane has disrupted operations at one of your company's facilities and shut down operations completely for several of your
    10·1 answer
  • The economy is in long-run equilibrium: Select one:
    5·1 answer
  • A job specification is: a. a group of related activities and duties. b. a statement of the knowledge, skills, and abilities requ
    10·1 answer
  • Guinan Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direc
    12·1 answer
  • The LM curve illustrates that when income increases:________.
    15·1 answer
  • 13
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!