Answer:
The answer is: a startling statistic.
Explanation:
Startling can be defined as causing momentary surprise, astonishment or even fright.
When you use a starling statistic or a startling statement, you will probably grab your audience´s complete attention right away. They are excellent starting points for a presentation.
One of the best examples is Chris Anderson starting a presentation with:
“I'm going to tell you something that might surprise you:
Since the Stone Age, more than half of the deaths of
humankind have been from 1 disease.”
Answer:
C
Explanation:
The highest mountain could fit into the deepest ocean basin.
Answer:
1. Nature of commodity
2. Availability of substitutes
3. Income level
4. Postponement of consumption
5. Number of uses
6. Share in total Expenditure
7. Time period
Explanation:
FIFO stands for First In First Out and LIFO stands for Last In First Out.
Answer: LIFO produces more favorable cash flow because LIFO PRODUCES LOWER INCOME TAX EXPENSE.
During inflation, LIFO approach is adopted for tax benefits. With the rise in prices, LIFO produces higher cost of sold amounts of goods.
Answer:
The answer is option C) Yes No
Explanation:
Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.
This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.
Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.
Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.
And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.
