Answer:
The correct answer to the following question is Pro forma financial statements.
Explanation:
A subsequent event can be defined as an event which takes place after the reporting period, but before the financial statements of a company are issued. And depending on what kind of event they are like additional information or new events, it will be decided whether these events should be disclosed in a company's financial statement or not.
If it is decided that the subsequent event should be disclosed in the company's financial statement then a pro forma financial statement would be made, in which nature and financial effect of the subsequent event should be disclosed.
Answer:
B) There has been economic growth in our society.
Explanation:
The American economy has consistently been the largest economy in the world since 1871, while the rest of the economic podium has changed a lot. Currently the Chinese economy is number 2, but just a few years ago the Japanese economy was on second place. The United Kingdom is currently a large economy, but it was number 1 before the US, and then it continued to fall to the sixth place. Argentina was once of the largest economies and richest economies in the world, and now it is a developing nation.
The only constant position (at least until China surpasses the US) during the last 150 years has been the US at number 1.
That doesn't mean that the US economy grew every year and there were no recessions. The largest global recession originated in the US in 1929, the Great Depression. And just a few years back, in 2008 the Great Recession hit the US. The US has suffered from several minor recessions as well.
Answer:
In some instances ,BPM will lead to a paradigm shift that transforms the nature of the business itself.it is false.
Explanation: BPM means business process management. Paradigm shift means a drastic change.A massive change in standards ,thinking patterns and values.
BPM brings changes in business .It is an approach to execute and control various processes to achieve the results according to the goals of the organisation.BPM do bring changes in business but it does not lead to a paradigm shift that transforms the nature of business.
Answer:
Option "B" is the correct answer to the following question:
Explanation:
In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.
