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kotykmax [81]
4 years ago
13

Major limitations of the balance sheet include all of the following except: it necessarily omits many items that are of financia

l value but cannot be recorded objectively. most assets and liabilities are reported at historical cost. judgments and estimates are used to determine many of the items reported. only amounts known with absolute certainty are reported.
Business
1 answer:
olga_2 [115]4 years ago
4 0

Answer:

Option D Only amounts known with absolute certainty are reported

Explanation:

This is incorrect statement because International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Assets sheds light on the recording of future events that will arise as a result of past events. The standard is useful in estimating future events so saying that the absolutely certain amounts are reported is incorrect.

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Which step in the consumer decision-making process is a result of an imbalance between actual and desired states?
IgorC [24]

Answer:

Need Recognition

Explanation:

Consumer decision making process refers to how a consumer decides to satisfy a want and how consumers arrive at a buying decision, which includes identifying the need, availing the required information about the need, measuring the options or alternatives available and then proceeding to buy the product.

Desired state refers to how i.e the way a consumer desires to satisfy his need. Actual state refers to how or the way the need is ultimately satisfied. The gap between the two states i.e the imbalance results into the step of need recognition.

4 0
4 years ago
Variability is found in every production operation, but most variability is cause by tolerating waste or by poor management. Gro
Mashcka [7]

Answer: True

Explanation:

Variability simply occurs when there is a deviation from the process which has already been put in place to ensure the perfect and timely delivery of product.

Variability simply means problems ane.the.lesser the problem, the lesser the waste in the system. It should be noted that most variability is cause by tolerating waste or by poor management.

6 0
4 years ago
CosA=1/2^-1.find the value of A<br><br>​
Airida [17]

Answer:

A = 60°

Explanation:

Since cosA = 1/2, to find the value of A, we take the inverse cosine of both sides.

So, cosA = 1/2

So, taking inverse cosine of both sides, we have

cos⁻¹cosA = cos⁻¹(1/2)

So, A = cos⁻¹(1/2)

Using our calculator, taking cosine inverse of one-half, we find that, cos⁻¹(1/2) = 60°

Since cos⁻¹(1/2) = 60° and A = cos⁻¹(1/2)

This implies that A = 60°

So, we find that the value of A is 60°.

6 0
3 years ago
McKenna offers to sell Lori her collection of hand-painted European tiles. Before Lori has a chance to accept, McKenna says, "So
Pie

McKenna has just made: revocation.

<h3><u>Explanation:</u></h3>

Revocation can be considered as a process  of cancelling any decision or a promise officially. This is act that makes something that exists previously to be null or void. For instance someone has accepted to sell his property to someone and now he has the rights top revoke or cancel that declaration officially.

In the given example, McKenna offers to sell her hand painted European tiles to Lori. But the cancellation of this offer occurs before Lori accepted the offer. She says to Lori that she has changed her mind and not ready to sell those tiles. Hence the example is associated with  revocation.

8 0
3 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
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