Answer:
The correct answer is Time period.
Explanation:
The accounting period refers to the economic operations of a company must be recognized and recorded in a certain time, which is usually a year, which goes from January 1 to December 31, although you can also work with different time periods such as the month, semester, quarter, etc.
This principle assumes that economic operations, as well as the effects of them derived, are accounted for in a way that corresponds to the economic period in which they occur, so that the accounting information clearly shows the period to which they correspond and the result can be determined of each fiscal year.
The accounting period allows us to measure the company's performance when compared to other periods. The accounting period allows one of the main objectives of accounting to be met, which is its usefulness. The accounting information is useful when it can be compared, and it is the accounting period that allows that comparison. It is the comparison that allows accounting information to be analyzed, based on it, making economic and financial decisions.
Answer:
Explanation:
An annuity is equal streams of cashflows that can compliment payments from social security and pension plans for retirees. Robert should know that taking out all the annuity savings as a lump-sum will make the deferred earnings taxable. A deferred annuity gives an investor options of to either take out all the long term savings in one lump-sum, make withdrawals whenever they need or transfer the amount to a different account.
Answer:
Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world's greatest marketing guy.
Answer:
£16,833.33
Explanation:
The computation of mean income is shown below:-
Mean income = Total sum of salaries ÷ Number of workers
= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000
= £173,000 ÷ 7
= £24,714.29
Now, the Mean income excluding Deva's salary:
Mean income = Mean income
= Total sum of salaries excluding Deva salary ÷ Number of workers
= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6
= £101,000 ÷ 6
= £16,833.33
We simply applied the above formulas
A point on the PPC indicates maximum utilization of available resources.