The amount of his monthly net cash flow is the best example of qualitative information
The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.
Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.
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Solution:
Smooth the pattern as well as the arrangement to get the outlook this year.
S(Week 5) = TAF(Week 5) + alpha*(Actual(Week 5) - TAF(Week 5))
= 75 + 0.5(65 - 75) = 70
S(Week 6) = TAF(Week 6) + alpha*(Actual(Week 6) - TAF(Week 6))
= 65 + 0.5(50 - 65) = 57.5
T(Week 6) = T(Week 5) + beta*(TAF(Week 6) - TAF(Week 5) - T(Week5))
= -5 + 0.1(65 - 75 - (-5)) = -5 + (-0.5) = -5.5
Therefore, TAF(Week 7) = S(Week 6) + T(Week 6) = 57.5 + (-5.5) = 52.0
Answer: Quota rent
Explanation:
The quota rent is one of the type of economical concept that is used to refers to the extra profit which is received from the owner for imported various types of products and the services.
The Quota rent is basically calculated by using the difference between the free market price to the domestic price of the goods and the services.
According to the given question, when the extra profit producers results into the limited supply due to the artificial goods and the limited importing competition by the imported quota so this is known as the quota rent.
Therefore, Quota rent is the correct answer.
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Answer:
stakeholders for the project, documented goal and objective of the assignment, discuss SMART(specific, measurable, agreed, reaganlistic, timeframe) for the assignment, resources for the assignment, GANTT chart of the assignment, risk assessment for the project.
Explanation:
Before starting any major assignment, one must set its goals and objectives very clearly. A list of milestone and progress measuring report must be prepared so that tracking is easy. Also, all the associated risks must be analyze and catered for