Answer:
The answer is: Management
Explanation:
Management (usually CEO and CFO) is responsible for preparing the financial statements of a publicly traded company. So they are ultimately responsible for the accuracy, integrity and objectivity of the financial statements.
Besides management, an independent auditor is responsible for examining the financial statement information and expressing an opinion on their accuracy.
She is using decreasing desirability if the rejected alternatives. Notice how she is saying that the couch she DIDNT buy (the alternative) would not have been that great. She is making herself have a worse (decreasing) opinion of the alternative.
An inventory costing method that assigns the most recent cost to cost of goods sold is the LIFO Method.
LIFO Method or the Last In, First Out Method use to place an accounting value on inventory. It operates under the presumption that the last item of the purchased inventory is the first one sold.
Answer:
short-term
Explanation:
Based on the information provided within the question it can be said that the duration of this economic condition will likely be short-term. Meaning that it will only last a small amount of time, mostly because this is a problem that needs to / and can be solved in order to increase the economic production to full potential and increase firm revenue.
