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bogdanovich [222]
3 years ago
12

The ____________ assumption assumes that in the absence of information to the contrary, it is anticipated that a business will o

perate indefinitely.
Social Studies
1 answer:
Gelneren [198K]3 years ago
4 0

Answer:

The going concern assumption

Explanation:

The <u>going concern</u> assumption assumes that in the absence of information to the contrary, it is anticipated that a business will operate indefinitely. The going concern assumption implies that an entity will continue being in business indefinitely. The going concern assumption is necessary for accountants to determine if a company or business will be in business long enough to meet its obligations and targets.

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Explain that rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs
e-lub [12.9K]

Rational decision simply means a decision based on logic. It would be logical to say that people would always prefer more benefits than the cost they will be expending. Rational decisions indeed<span> occur when the marginal benefits of an action equal or exceed the marginal costs. No person would make a decision that would incur a loss in his part. Therefore, in order to say that you were able to have a rational decision, you have to bear in mind the profit you can gain out of it. Example of this is the decision on additional worker. Suppose you are paying $20</span><span> per worker and they produce 5,000 units. If you are to add additional worker, you will incur an additional $20 but it will also increase the production output to 8,000 units. Therefore, it would be a rational decision to employ another worker since the benefits would exceed the cost.</span> 

3 0
3 years ago
Rearrange the sentences below. Place the earliest development at the top and the latest development at the bottom.
SOVA2 [1]

Answer: Sedentary agriculture develops.

People hunt and gather food.

Farming villages grow.

Cities develop.

Explanation: Think of the latest things we have and go back from that

4 0
3 years ago
Formation of the humanistic perspective resulted because the psychodynamic and behavioral perspectives received positive support
Jlenok [28]

Answer:False

Explanation:

7 0
2 years ago
"what is the difference between basic and applied research?"
Nesterboy [21]
Alright, basic research basically means finding out an answer to fill in the knowledge that people don't have or we have while applied research basically means to seek the question with an answer and solve the problem. hope this explains it :))
6 0
3 years ago
Defamation (libel or slander ) consists of a false statement of fact, not made under , that is communicated to a third person an
dolphi86 [110]

Answer:

Defamation (libel or slander) consists of a false statement of fact, not made under privilege, that is communicated to a third person and that causes damage to a person's reputation. For public figures, the plaintiff must also prove that the statement was made with actual malice. Invasion of privacy is publishing or otherwise making known or using information relating to a person's private life and affairs, with which the public has no legitimate concern, without that person's permission or approval. (TRUE)

Explanation:

Defamation in law is that area which provides solutions for a civil society in the case of using words that may affect the livelihood or reputation of others. When such words are in written or published form, they are called libel. If they are not written down, but only spoken, then they are called slander. In this case, the statement is True.

3 0
3 years ago
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