Answer:
The correct options are "A, C, and D".
Explanation:
- GAAP becomes regarded as a relatively 'rules-based' management framework, seems to be the accounting technique used throughout the United States
- IFRS becomes quite 'principles-based', although this would be the accounting framework used in more than 110 countries throughout the globe.
- These allow the same approach being used for international and domestic section reporting, which generate reconciliation issues.
Answer: See explanation
Explanation:
In a pizza industry, the cost of the factory is a (fixed cost) only in the short run but not in the long run.
(Average fixed cost) is always falling as the quantity of output increases.
A cost that depends on the quantity produced is a (variable cost).
The term (opportunity cost) refers to all the things you must give up for taking some action.
The term (explicit cost) refers to costs that involve direct monetary payment by the firm.
(Average variable cost) is falling when marginal cost is below it and rising when marginal cost is above it.
Answer:
Unemployment rate is 25%
Explanation:
The percentage of people eligible for job and not currently involved in paid work or self employed and available for work as well is called rate of unemployment. It is the percentage of people who is not currently woking seeking the job.
Labor Force = Employed persons + Unemployed persons
Labor Force = 24 million + 8 million
Labor Force = 32 million
Unemployment rate = ( Unemployed persons / Labor force ) x 100
Unemployment rate = ( 8 million / 32 million ) x 100 = 25%
Answer:
The correct answer is (B) Buy euro at $1.50/€, buy £ at €1.25/£, sell £ at $2/£
Explanation:
The dollar- euro exchange rate is quoted as $1.50 = €1.00
the dollar-pound exchange rate is quoted at $2.00 = £1.00
To calculate the actual cross rate we use; S(euro divided by pounds) = S(dollar/pounds) ÷ S(dollar/euro).
Using symbols to denote this, we have S(€/£) = S($/£) / S($/€)
S(€/£) = S(2/1) ÷ S(1.50/1)
= (2 / 1.5)
= €1.33.
Consequently, from this result we now know that the euro is undervalued with respect to pounds under the cross rate being offered by the bank. This implies that you should first buy the euro, convert to pounds, and eventually convert back to dollars, this would enable you make money as an investor.
Answer:
social bookmarking sites
Explanation:
Reddit, Digg and StumbleUpon are all Web sites dedicated to social bookmarking.
They fetch the contents from other Web sites and encourage their users to share their preferences on what they like and see all over the Internet with their friends.
They're not social networks per say because people aren't directly in contact with each other, only through their shared contents.
They're not tech blogs, because they rarely have any original contents and they're not targeting only technologies.
They're not video sites either, because they're sharing all kinds of contents.