Answer:
It must involve the transfer of resources to another entity.
Explanation:
A liability is defined as an obligation of future outflow of economic benefits that arise as a result of past actions either through sales , exchange of assets or services , or any other business related events.
Before a liability can be recognized , it must satisfy these three conditions
- It must involve probable outflow of economic resources
- A present obligation that arose as a result of past transactions
- It must involve a transfer of resources to another entity
Answer:
b
Explanation:
A process is a collection of tasks,steps,or activities that are performed
Answer
The answer and procedures of the exercise are attached in the following images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
