Answer: B) Only I
Explanation: The first rule regarding reporting requires that the auditor indicate in his report whether the financial statements were prepared in accordance with the generally accepted GAAP accounting principles. The term "accounting principles" used in the first information standard shall be understood to cover not only accounting principles and practices but also the methods of their application at a particular time. There is no comprehensive list of GAAP, since both written and oral principles are accepted in accounting.
A monopolist can produce at a constant average (and marginal<span>) </span>cost of<span> AC = MC = $5</span>
Answer:
d. $2,950,000
Explanation:
The computation of amount of research and development costs charged is shown below:-
Amount of research and development costs = Direct materials + Personnel cost + Consulting fee paid to outsiders + Indirect costs + Depreciation
= $995,000 + $795,000 + $345,000 + $270,000 + $545,000
= $2,950,000
Therefore for computing the amount of research and development costs we simply applied the above formula.
The changes that were proposed to made to improve the Chinese economy that caused Mao to launch the oppressive Cultural Revolution are-
- It allows workers to compete for wages
- It prosecutes government officials
- It allows farmers to sell excess crops
<h3>What is Cultural Revolution?</h3>
The start of the Cultural Revolution by Mao Zedong As Mao attempted to regain control by mobilizing radical youngsters against the Communist Party leadership, the campaign was fundamentally about upper economics.
These help workers compete for their wages for the work they did. It gives farmers to sell their excess crops and prosecutes the government officials.
Learn more about Cultural Revolution, here:
brainly.com/question/10693549
#SPJ1
