Answer:
The correct answer is D.
Explanation:
The term social responsibility can be defined as an ethical framework or idea where the individuals and organizations feel obligated to work for the benefit of society at large. They feel accountable to a larger society.
We know that a trade-off exists between economic growth and the welfare of society. The idea of social responsibility is to make an equilibrium between these two such that both economic growth and social welfare is achieved.
This idea is not only limited to organizations but to anyone whose actions affect the environment.
The items that are initially recorded as an expense on the income statement are:
- a. Research and development costs
- b. Advertising costs
<h3>What is an Income Statement? </h3>
This refers to financial information that stores all the inflows and income that occurred over a period of time.
Hence, we can see that from the complete text, there are lists of items and the Research and development costs and Advertising costs are initially included as expenses in the income statement.
Read more about income statements here:
brainly.com/question/24498019
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Answer:
The rate at which money circulates through an economy.
The velocity of money is 2.
Explanation:
The velocity of money is the rate at which money circulates in an economy. It can be defined as the rate at which money is exchanged or is used to purchase goods and services.
It is the number of times money changes hands or number of times money has been used in a given period of time.
According to the equation of exchange,
Nominal output
= 
Velocity of money
= 
= 
= 2
This is net profit, which is the revenue earned after costs are deducted.
Answer:
it means you can understand what a person is feeling in a given moment, and understand why other people's actions made sense to them. Empathy helps us to communicate our ideas in a way that makes sense to others, and it helps us understand others when they communicate with us.
