To be useful for decision making, information should possess the fundamental qualities of relevance and <u>Faithful representation</u>.
<h3>What is faithful representation?</h3>
Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.
It is paramount that a company a financial statement is accurate to what they present in the financial statement and should not be compromise.
Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and <u>Faithful representation</u>.
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Answer:
Parenting.
Explanation:
The complexity of transitional business conditions creates a necessity for creating value through aggregation of various businesses in complex corporate enterprise, which provides it the character of a multi-business firm. Businesses may be defined as being regardless of the enterprise chooses to work as organizationally separate profit-responsible units. this can be primary done to create a fit between ways the business creation is been done.
Answer:
price
Explanation:
Possession utility is the value customers have while buying a product and they have the choice to use the product for the purpose it was made for or finding a new way to use the product.
Buying and selling of anything involves transfer of ownership from one to another. So to be successful in this throat cutting competition one should strategize to make this transfer of possession easy. So possession utility is what lets customer physically asses what they bought.
If your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.
Using this formula
Marginal tax rat=Tax payable/Taxable income×100
Where:
Tax payable=$5,000
Taxable income=$40,000
Let plug in the formula
Marginal tax rate=$5,000/$40,000×100
Marginal tax rate=12.5%
Inconclusion if your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.
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Energy Transmission, Energy Distribution, Energy Conversion, and Energy Analysis.
