Answer:
Three rules I will implement is :
1. Liberalization :
Under this, I will support the domestic industry by easing the business operation and making free the activities of business around the nation.
2. Privatization :
In this, I will privatize the market and hand majority of the resources to the private entrepreneurs so that employee and efficiency could be achieved.
3. Globalization :
Under this, I will ease out the foreign trade in the country.
The answer to this statement is true because it is true that
nonfinancial factors are the ones that does not involve money such as having
the reactions of customers, the time in terms of having things being delivered
and the morale of the employees. Thus, it makes it important in managerial
decision as managerial decision are being done in order to judge things, asses
and evaluate in order to manage things with the use of ideas or choices that is
being brought up. So the nonfinancial factors serves important as they are
ideas and choices that are considered to be needed in having managerial
decision made. This, supports the statement as it is true.
Answer:
3.each principle is approved by the SEC.
Explanation:
Generally Accepted Accounting Principles are primarily specific accounting guidelines controlled by the Financial Accounting Standards Board (FASB) for financial reporting purposes. As such the practice has become universally accepted overtime, and every accountant considers GAAPs useful to their profession. Furthermore, most companies see it as an authority in accounting reporting.
However, not all GAAPs are approved by the SEC, primarily the SEC is concerned about those principles and standards that affect companies with public traded securities while it delegates the setting of appropriate standards for private organisations to the Committee on Accounting Procedure which was then later delegated to the FASB.
Explanation:
Fees earned from providing services and the amounts of merchandise sold. Examples of revenue accounts include: Sales, Service Revenues, Fees Earned, Interest Revenue, Interest Income. ... Revenue accounts are credited when services are performed/billed and therefore will usually have credit balances.
Answer:
The correct answer is "efficiency"
Explanation:
The term efficiency refers to maximize and achieve the goals with the existing resources or less . It includes reducing the use of resources through maximizing return.
"Simone makes the best use of the limited resources available to her in order to achieve her company's sales goals"
An efficiency manager, "do the things right with fewer resources (workforce, budget, time)"