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makkiz [27]
3 years ago
14

Generally Accepted Accounting Principles (GAAP) are not routinely used in health care organizations. Group of answer choices Tru

e False
Business
1 answer:
Masja [62]3 years ago
6 0

Answer:

False

Explanation:

Generally Accepted Accounting Principles (GAAP) standards are used by health care organizations, specially large health care corporations since the Securities and Exchange Commissions (SEC) requires that all publicly traded corporations must follow GAAP standards. Even public hospitals use their own modified version of GAAP, which has been adapted to them specifically.

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When the current price of an item is greater than the item's market clearing price:_________.
irina1246 [14]

Answer:

<u>C) quantity supplied is greater than the quantity demanded.</u>

<u>Explanation:</u>

We need not be confused, <em>the market-clearing price is referring to the equilibrium price. </em>Thus, if the current price is above the market-clearing price (that is, the price at which quantity demanded equals quantity supplied), it means the <u>quantity supplied</u> is <em>greater</em> than the<u> quantity demanded</u> of the item.

For example, at a price of $1 per orange, there's an equal amount in quantity demanded and quantity supplied of orange. However, the price increases to $2 per orange; which makes the current price of an orange greater than the market-clearing price of $1.

4 0
4 years ago
One measure of the extent of competition in an industry is the concentration ratio. what level of concentration indicates that a
AnnZ [28]
<span>One measure of the extent of competition in an industry is the concentration ratio. what level of concentration indicates that an industry is an​ oligopoly? Most economists believe that a​ four-firm concentration ratio of greater than 40 percent indicates that an industry is an oligopoly.

An oligopoly is a market where there is a small number of large sellers. They dominate their market but also have their own market structure where they are able to keep a lot of firms from having influence over them. </span>
5 0
4 years ago
Dilution solutions, inc. repurchased 500 shares of its $2 par value common stock for $10,000. the effect of this transaction on
mr Goodwill [35]

$10,000 increase in Treasury Stock is the effect of this transaction.

<h3>What is cost method?</h3>

The cost method exists as a method of accounting. It is utilized for recording precise investments in a company's financial statements. This particular method lives used when an investor has little or no effect over the investment that they own.

The cost method of accounting is used for recording particular investments in a company's financial statements. This method is used when the investor exercises little or no influence over the acquisition that it owns, which exists typically represented as owning less than 20% of the company.

Treasury stock stands also known referred to as treasury shares and it happens when stock stands bought by the issuing company back from the stockholders.

This results in a reduction in the whole number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will get about a $10,000 gain in the treasury stock.

To learn more about cost method refer to:

brainly.com/question/28149037

#SPJ4

3 0
2 years ago
According to the Monetarist theory, _____________is a critical causal force that determines the nominal GDP..
aivan3 [116]

Answer:

money supply

Explanation:

Monetarists are a branch of new classical economists that, as the name  suggests, believe that money has a very important part to play within an  economy.They believe that aggregate expenditures in the economy are influenced by the  market rate of interest, and therefore money can affect the level of output in the  short run economy.However, they further believe that money influences the long run unemployment  in the economy. If monetary policies are used to increase aggregate demand, it is  thought that this use of additional money may cause a short term boost in output,  but will ultimately lead to inflation in the economy.

So the answer is money supply

7 0
4 years ago
How do we know our current money has value?
Andreyy89
If you can use it to get stuff then it has value
8 0
4 years ago
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