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Step2247 [10]
3 years ago
14

Relevant accounting information must be reported within the operating cycle or one year, whichever is longer. is information tha

t has been audited. is information that is capable of making a difference in a business decision. has been objectively determined.
Business
1 answer:
kenny6666 [7]3 years ago
3 0

Answer:

The correct answer is <em>"Is information that is capable of making a difference in a business decision".</em>

Explanation:

Relevance is the characteristic of the financial information of having a notorious, potential or real utility, for the purposes pursued by the different recipients of the financial information. Information is, therefore, relevant, when it is likely to influence user decision making. The relevance of an information implies that from its consideration differences can be established in a decision, helping users to make predictions about the consequences of past, present or future events, or to confirm or correct previous expectations.

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Because corporate officers have the implied power to bind the firm in matters directly connected to its business, there is no li
mr Goodwill [35]

It should be noted that corporate officers have the implied power to bind the firm in matters directly connected to its business.

<h3>Who are corporate officers?</h3>

corporate officers serves as those workers in a company or an organization who are seen as officials and they have allocated duties and responsibilities .

These officers posses the power to bind the firm in matters directly connected to its business.

Learn more about corporate officers at,;

brainly.com/question/24518056

5 0
2 years ago
A company has break-even sales of $200,000. If the company expects sales of $500,000, the margin of safety i is________.
zhuklara [117]

Answer:

Margin of safety = $300000

Explanation:

The margin of safety is the amount or units in excess of the break even level of sales or units. It is the region beyond the break even point and represents the profit for the business. Any units in excess of the break even point represents the margin of safety.

The margin of safety for the given question with expected sales of $500000 and break even sales of $200000 can be calculated as follows,

Margin of safety = 500000 - 200000  =  $300000

7 0
3 years ago
A key objective for a retail layout is to A. expose customers to​ high-margin items. B. balance​ low-cost storage with​ low-cost
BARSIC [14]

Answer:

A. expose customers to​ high-margin items.

Explanation:

Retail layout refers to how retailers organize the shelf space and allocate all the products in a way that allows them to influence customer decisions. The objectives of the layout include creating a good customer experience and allowing customers to access easily the products with higher margins to generate more value for the company. According to this, the answer is that a key objective for a retail layout is to expose customers to​ high-margin items.

8 0
3 years ago
Protocols created by _____ are most likely to be accepted and successful.
Elina [12.6K]

Multi-functional  new product teams

5 0
4 years ago
When amazon introduced the kindle fire tablet device at $199 while apple was selling the lowest price ipad for $499, amazon was
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3 years ago
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