Answer:
B. The owner's drawing account is closed to the Income Summary account
Explanation:
Answer: Option B
Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.
The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.
Answer: Upward communication
Explanation:
Upward communication can be defined as the communication process that occurs from the lower levels to higher levels. In other words, communication flows upwards. Communication is a fundamental aspect of every workplace since it allows us to express everything that is happening at work. When communication occurs effectively, work can be done better and thus give better results. When there is communication, it is also easier to identify possible problems that may arise.
Staying in constant communication helps to make the work environment more comfortable for both, it is important to be able to express everything related to work and receive feedback that only has the intention that everything can go better.
Answer: True
Explanation: The organizations that are market oriented focus on keeping healthy relationships with their customers and providing them best service for a positive image in the market. The products offered by such organisations are made in such a way that the consumer gets maximum benefit from it and the needs of customers could be satisfied.
Thus, from the above we can conclude that such organisations emphasize on customer satisfaction and needs, therefore, the given statement is true.
Answer:
1. The world is shifting to electric vehicles
2. The business is over the profitability hump
3. Optionality could lead to massive new sources of revenue
Explanation
THE EXPLANATION FOR NUMBER 1: In the first half of 2021, global electric vehicle (EV) sales were 2.6 million units. It doesn't sound like a lot. But unit growth was up 160% over the same period last year. That's more than six times faster than the overall auto market.
THE EXPLANATION FOR NUMBER 2:In 2017, famed investor Jim Chanos said about Tesla: "We think the equity is worthless." As silly as the projection looks in hindsight, Tesla CEO Elon Musk has since admitted that the company was about a month away from bankruptcy at the time. Those days are long gone. The company is now solidly profitable with industry-leading gross margins.
EXPLANATION FOR NUMBER 3:
While the company should be praised for the turnaround, many shareholders have their eyes fixed on new markets the company could disrupt. Led by sanguine analysis from Cathie Wood's ARK Invest, and the stock's inclusion in several of ARK's high-profile exchange-traded funds, Tesla now sports a market capitalization of $777 billion.
hope this helps sorry this is alot
