Answer:
Accrual basis of accounting
Explanation:
As we know that the income statement only reports the total expenses incurred and total revenues generated in a given period of time.
This accounting basis refers to the reporting of the transactions when they are earned or incurred instead of received or paid.
In this, it also follows the matching principle that stated the expenses should be matched with the revenues of the same period.
<span>Inability to influence the customer and other buyers of the commodity in the market is called as market failure. So when markets fail, public policy can potentially remedy the problem and increase economic efficiency. market failure can occur due to some external factors like government regulating the course of product by its laws.</span>
Answer:
Explanation:
1. Summary of Toronto Propane Explosion
The Toronto propane explosion (also known as the Sunrise Propane incident) was a series of explosions and ensuing fire that took place on the morning of August 10, 2008, in Downsview, North York, Toronto, Ontario, Canada.The explosions occurred at the Sunrise Propane Industrial Gases propane facility, located near Keele Street and Wilson Avenue . The blasts caused thousands of people to be evacuated from their homes and cost C$1.8 million to clean up, half of which was paid by the province of Ontario. An employee of Sunrise died in the initial explosions and a firefighter died of cardiac arrest the next day while at the scene.
2. Why did the TSSA become the "culprit" here
They are culprit because they failed to protect the civilian by ensuring public safety—it’s the cornerstone that TSSA is built on. And while owners, contractors and residence play their parts in helping keep everyone safe, it’s TSSA who enforces, inspects and advocates for the public.
3. Why did the TSSA become the target of the media and public opinion?
TSSA did not make a Moves to Improve Safety in Ontario explosion which claims a lot of damages.
4. What would you advise the minister to do?
The minister should establish a law to revoke any company that violate its obligation liscense
Answer:
$12,197
Explanation:
I guess that the correct numbers are because otherwise it would be a ridiculously large number:
- n = 6 years or 24 quarters
- principal = $6,000
- interest rate = 3% quarterly
Future value = principal x (1 + interest rate)ⁿ = $6,000 x (1 + 3%)²⁴ = $6,000 x 1.03²⁴ = $6,000 x 2.0328 = $12,196.80 ≈ $12,197
Answer:
The correct answer is (D)
Explanation:
One of the most significant perspectives to be considered in connection is to frame a benchmark plan. Execution estimation and target-setting are essential to the development procedure, however a pattern plan is basic and is considered as an initial step. While numerous private companies can run themselves easily without target-setting, however every organisation must have a plan and a way to execute those plan.