The accounting principle that is being addressed by Leonard would be the full-disclosure principle. This requires a certain company to provide all information that is necessary in making decisions especially in the financial aspect to be able to make sound and informed decisions.<span />
D is the answer.
Both countries provide needs for each other and will have a strong bond.
Answer:
The correct answer to the following question is option A) $490,000.
Explanation:
In 20X9, June 30 , the city of Moorhead went on to construct a new courthouse whose total budgeted cost was $500,000.
And in July 20X8, the project was given to Diamond construction to build the courthouse for $480,000. And on June 20X9, Diamond completed the courthouse and gave city of Moorhead a bill of $490,000, which they accepted and paid. So the city of moorhead should report their expenses as $490,000 on the statement of revenues, expenditures and fund balance.
Answer:
The correct answer is letter "C": Common- size income statement.
Explanation:
A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.
"There are fewer close substitutes for the product your team supports" will improve your bargaining position with customers.
<u>Option: B</u>
<u>Explanation:</u>
Bargaining is the procedure which is preferred by citizens not only with street shops but it is famous internationally too, where defense, economic trade deal, etc are signed between two different nations to corporate and shake hand of unity. Bargaining is more effective when one allow seller to know that the party itself have more substitutes if the product is not provided by the seller in appropriate rate.
For an instance, if India need to buy some rolling defense helicopters for nation from Russia but prices are high and United States is providing same material with lower price or may be with better rewards on buying from them.