Answer:
Explanation:
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Answer: Full Disclosure Principle
Explanation:
The Full Disclosure Principle is a principle in Accounting that aims to be keep the relevant business information as transparent as possible. The principle therefore requires that all information relating to the business be disclosed so that the stakeholders in the business will be able to reasonably understand the operations of the business.
As only financial data can be reported in financial statements such as cash related activities in the Cashflow Statement, the principle requires that important noncash financing and investing activities be reported on the statement of cash flows or in a footnote so that the readers of the statement will not have any missing information.
They are both correct in this scenario. There are many ways that the oil can be distributed depending on how the company delivers the oil and systems. Engines are built differently depending on the specific needs, vehicles, operating systems.
Answer:
The question is incomplete, the options are as follows:
<em>(a). When interest rates are lower than they were when bonds were issued.</em>
(b). When interest rates are higher than they were when bonds were issued.
Explanation:
Whenever the rates fall, it does not make logical sense for the bond or securities issuer to continue charging investors higher-than-average interest because a clause and provision in the bond encourages withdrawal or redemption before maturity.
There the correct answer is (a).
The free enterprise system of the United States is best described with the following statement:
It is a mixed economy with limited government intervention and a great deal of economic freedom.
Mixed economies are market-based economic systems in which government plays limited role. The economic freedom refers to the the individual freedom of consumers and producers.