C: The world depends on oil produced by Gulf countries, such as Kuwait
The Persian Gulf is a region that is very important to the world, and the reason for this is that there is lot of oil and natural gas reserves in this region. These are actually the only two things that the Persian Gulf can offer to the world, but nonetheless, they are crucial for every country's economy in the world, so there is a heavy dependence on this small region. The enormous reserves of oil and natural gas are also the main reason behind the constant conflicts in this region, but also the main reason why lot of effort is put to control and stop this conflicts.
Arnold Schwarz, hope it helps (:
it wont let me post the rest of the last name
We citizens decide who governs us. We control government.
In order to meet legal and financial regulations, businesses must: A. report their revenue and earnings to the government.
<h3>What is GAAP?</h3>
GAAP is an abbreviation for Generally Accepted Accounting Principles and it comprises the financial accounting standards, procedures and principles that must be used by all public institutions that are operating in the United States of America.
<h3>What is IFRS?</h3>
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB).
This ultimately implies that, the International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.
In this context, we can reasonably and logically deduce that businesses must report their revenue and earnings to the government in order to meet legal and financial regulations.
Read more on GAAP here: brainly.com/question/16014008
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Complete Question:
What must businesses do in order to meet legal and financial regulations?
report their revenue and earnings to the government
disclose information about sales with the media
report details of advertising revenue to managers
disclose product details to the competition