Answer:
c.as a long-term asset on the balance sheet.
Explanation:
The inventory has come under the current asset as it is converted into cash within one year. Like other current assets i.e account receivable, prepaid insurance, etc contains high liquidity and they get converted into cash in less than one year
It also recorded at cost or market value whichever is lower plus it also chosen as cost flow consumption but it is not reported as a long term asset as it is classified as a current asset, not the long term asset
Answer:
Student loan.
Explanation:
Student loans are given to assist students pay for university education. Loans can cover turion, living expenses, and books.
Interest rate charged is very low and repayment can be deferred till after the student graduates.
The most common type of student loan are federal loans(offered by the federal government). They have a lower interest rate than student loans offered by private institutions like banks, schools and credit unions.
An emergency fund is an account that is used to set aside funds that will be needed in the event of a personal financial dilemma. The size of one emergency fund depends on one's income, dependants and lifestyle. It is recommended that one put aside at least three months worth of expenses.In the question given above, the monthly expenses is $2000.00, so the person has to put away at least $2000 * 3 months, which is equal to $6000.00.
False, since both roles are in the capacity of research and does not compromise results. So there is no conflict of interest in research.
Conflicts of interest are situations in which professional judgments or actions regarding a primary concern, such as a medical researcher's responsibilities, may be easily persuaded by a secondary interest, such as monetary benefit or professional advancement.
Many doctors work full-time for biotech and pharmaceutical companies, as well as medical device manufacturers. They work in research, product development, or administration. In fact, a few of them own the businesses. This is not conflict of interest.
Learn more on conflict of interest-
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Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
