Oligopoly. there are several major players, and for a new player to enter the market would require huge financial resources. A monopoly is when a single company owns the entire market, i.e., Apple on smart phones the year iPhone was released.
Answer:
Jim Crow laws and Jim Crow state constitutional provisions mandated the segregation of public schools, public places, and public transportation, and the segregation of restrooms, restaurants, and drinking fountains between white and black people. The U.S. military was already segregated.
Explanation:
Materiality is important because if financial statements are materially misstated, users' decisions may be affected, and thereby cause financial loss to them. It is difficult to apply because there are often many different users of the financial statements is the correct statement for the difficulty of applying the materiality in practice.
Answer: Option C
<u>Explanation:</u>
Materiality is important but difficult to apply in practice because the user’s decisions may be hugely affected if the financial statements are misstated materially and this may cause a loss.
It is also very difficult in applying in practice due to having many different users of the financial statements. Making an assessment of the users is compulsory by the auditors and use the application of the materiality.
Answer:
TRUE
Explanation:
Cultural relativism is an anthropological perspective that sees different cultures free of ethnocentrism, which means without judging the other from their own vision and experience. Thus, cultural relativism presupposes that the researcher has a neutral view of the set of habits, beliefs and behaviors that at first seem strange to him. The act of relativizing, therefore, consists in encompassing the interpretation of actions in a universal way, setting aside judgment in order to better understand the other's perspective.
Answer :
4. C
5.A
6.B
7.B
8.D
9.B
10.B
