A basic concept in economics is that all resources are scarce.
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There are wants, needs and desires that are unlimited in nature with respect to humans. Resources are very essential for the survival of human beings. The distribution of these scare resources is studied by the Economics. Free goods refer to those goods that come without any cost associated with that.
The resources that are available naturally is scarce because there are only finite quantity available for the utilisation. Some of the examples of scarce resources include raw materials, workers, etc that are very essential for the production of the scarce goods.
Answer:
The correct answer is (C) The buyer's obligation to the seller changes in the event of theft or physical destruction or damage of the product.
Explanation:
Unlike the loss incurred models contained in the existing US GAAP, the CECL model does not specify a threshold for the recognition of the provision for impairment. Moreover, the entity will recognize its estimate of expected credit losses for financial assets at the end of the reporting period. Credit impairment will be recognized as a provision - or against asset - rather than as a direct punishment of the base of the amortized cost of the financial asset. However, the carrying amount of the financial asset deemed uncollectible will be written off in a manner consistent with existing US GAAP.
Answer: C
Explanation:
Layla works during her meeting to pull together the ideas of her committee members into a coherent whole. Layla is performing a task . task, duty, job, chore, stint, assignment mean a piece of work to be done. task implies work imposed by a person in authority or an employer or by circumstance. charged with a variety of tasks duty implies an obligation to perform or responsibility for performance.
A forecast worksheet is a business intelligence tool which extrapolates future values based on current trends.
When an individual makes a forecast, Excel generates a new worksheet with a table of the past and future values and a chart illustrating this information. You can use a forecast to predict things like upcoming sales, inventory needs, or consumer trends.
Business intelligence (BI) tools are designed to assist a person in identifying patterns in data and drawing conclusions from them so that he/she makes tactical and long-term business choices. The majority of the time, but not always, the apps read data that has previously been stored in a data warehouse or data mart.
Learn more about business intelligence tool here
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