Answer:
Option d
Explanation:
Command economies also recognized as a planned economy have as their core tenet that national government administrators own or operate a business within a nation.
A command economy refers to the mechanism in which the government determines what products should be manufactured, how much should be manufactured and the value at which the products are offered for sale, rather than the free market.
Thus, from the above we can conclude that the correct option is D.
Answer:
Unit of measure concept
Explanation:
The definition for a unit of measure refers to a common principle used throughout accounting, whereby all activities should be reported uniformly using the same currency. For instance, a business that holds its documents in just the U.S. will report its whole dealings in U.S. dollars, whereas a German company will report all its payments in euros.
If a transaction includes transactions or transfers in another currency, the sum is translated until being registered to the domestic currency utilized by an entity. Without a specific standard unit, financial reports will be impossible to generate.
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Explanation:
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If you were in the dry cleaning business you would benchmark the business itself for their technological innovations
