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anzhelika [568]
3 years ago
11

Governmental financial reporting should provide information to assist users in which situation?

Business
1 answer:
trasher [3.6K]3 years ago
6 0

Answer: making economic, social, and political decisions and also

assessing whether current-year citizens received services but if part of the payment burden was shifted part to future-year citizens.

Explanation:

Government Financial reporting should assist in fulfilling the government's duty of being publicly accountable. When there's a report of government's finances, citizens will be able to see the way money are spent and received in the country.

It also helps in the provision of information in order to help users assess the service efforts and make political, economic, and social decisions.

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Elon Musk is the product architect who developed the famous Tesla electric car. This car is one of several ideas and businesses
snow_tiger [21]

Answer:

The correct answer is innovative.

Explanation:

In business terms, innovation is something that is not often seen, since many for fear of risk and investment do not dare to generate new things. The comfort of continuing with what is already established is the enemy of innovation. But this attitude of facing business also has complications, since the lack of innovation and risk can end a company.

5 0
3 years ago
The country of Meditor, a small country with a closed economy, uses the merit as its currency. Recent national income statistics
Pachacha [2.7K]

Answer:

d. $390 million merits and $110 million merits

Explanation:

The computation of the consumption and the government expenditure is shown below:

As we know that

Budget Surplus = Taxes - government expenditure

$40  = $150 - government expenditure

So, the government expenditure is $110 million

In addition,

Gross domestic product = Consumption + investment + government expenditure + net exports

$600  = Consumption + $100 + $110  + $0

So, the consumption is

= $600  - $100  - $110

= $390 million

We simply applied the above formulas in order to find out the consumption and government expenditure

7 0
3 years ago
"To some people, the definition of familyis limited to legal and biological relationships, whereas toothers, it includes anyone
AleksandrR [38]

Answer: C. Compare-and-contrast

Explanation: Comparison and contrasting is a technique employed in essays, writing or teaching which examines the similarities between two or more objects while also examining the differences between the same objects.

The scenario above is aimed at establishing the different definitions or understanding of the word 'family' as explained by two different groups by stating the different definitions offered by each group.

3 0
3 years ago
Asking yourself "What can I do to build a loyal customer base?" is an example of
MakcuM [25]

Correct answer is C, Creativity.

Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.

When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.

4 0
3 years ago
A differentiator is least likely to be threatened by increases in input prices due to powerful suppliers when the?
Marta_Voda [28]

economies of scale. A differentiator is least likely to be threatened by increases in input prices due to powerful suppliers when the: differentiator is able to create a significant difference between perceived value and current market prices.

An economy is the area of ​​production, distribution, trade, and consumption of goods and services. It is generally defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

Every economy operates on its own terms and assumptions. The economy can be divided into four main types: traditional economy, planned economy, mixed economy, and market economy.

Italy, Japan, USA, UK, Canada.

Learn more about economies here

brainly.com/question/1106682

#SPJ4

4 0
1 year ago
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