Answer:
Comparability : Inter company comparison , Consistency : Company time series comparison.
Explanation:
Consistency is quality of accounting information, enabling the same company's financial performance comparison over different periods of time. Consistency needs stable accounting methods used for a considerable period of time, unless their changing is necessary.
Eg : Using whichever method straight line or written down value - to calculate depreciation, should not be changed unless necessary.
Comparability is the quality of accounting information, enabling the company's financial performance comparison with other companies. It needs accounting methods following generally accepted accounting principles.
Eg: Accrual basis of accounting is generally standardised, acceptable and using other i.e cash basis won't enable company's comparison with others.
Consistency and comparability are very crucial to analyse company's financial performance - growth with time, growth as per industry standards respectively.
The level of strategic management that look at the whole organization can be regarded as Corporate level strategy.
- Corporate-level strategy can be regarded as strategy that is been used in to gaining a competitive advantage in several industries as well as product markets.
- These competitive advantage can be carried out through the selection as well as management of combination of businesses competing that are in that particular industries.
- Corporate strategies usually firm so that they can earn above- average profits ,this strategy also help in creating value for the shareholders.
Therefore, Corporate level strategy brings about making a firm to have increase in profit margin.
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<span>Nominal GDP is easy; just calculate P times Q for each good.
For real GDP, use prices from year one multiplied by quantities from year two.</span>
Answer:
A scope management plan outlines the processes involved in executing your project and serves as a guideline to keep the project within specific limits. As a project manager, it's your responsibility to guide your team through the project life cycle.
Answer: b. The quantity of the country's currency supplied exceeds the quantity demanded.
Explanation:
A country operating a fixed-exchange rate system would be actively trading its currency to ensure that it remains at a certain rate. If the currency is overvalued, it means that the currency is actually weak and is being propped up by the company's actions in the forex market.
A reason for the weakness would be that the supply is higher than the demand of the currency which means that, as per the rules of supply and demand, the currency is trading at a lower price, i,e., it is weak.
