The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality. In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.
According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.
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Answer:
In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources
(i.e : India has an absolute advantage in operating call centers compared to the Philippines because of its low cost of labor and abundant labor force.)
Explanation:
The nielsen company gathers data on what products people use as well as how they feel about them. this company uses a hypothesis sociological research methods as one of the leaders in what field.
Research is “creative and systematic work to increase the body of knowledge”. Information must be collected, organized, and analyzed to develop a better understanding of a topic or issue. A research project can be an extension of previous work in the field.
Research studies are conducted to discover new information or answer questions about how we learn, behave and function, with the ultimate goal of benefiting society. increase. Some surveys may involve simple tasks such as filling out questionnaires, observing in groups, and participating in group discussions.
Learn more about research here:brainly.com/question/968894
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