Output hardware, you could have the best computer ever but it's not much good without a monitor...
Answer:
Accounting information identifies, records and communicates information about a business.
Explanation:
The accounting information identified the business records and communicate the business information to the insiders and outsiders also it does not have any effect on everyone except the stakeholders. In addition to this, it is not depend upon the valuation made for the stock market
So as per the given situation, the above statement should be correct
Answer:
True
Explanation:
A disclaimer is a statement seeking to define the limits of a party's rights or obligation concerning a legally binding agreement. In a warranty disclaimer, the seller will include a statement that explains conditions or situations in which the warranty will not apply. The seller discharges themselves from any liabilities that the buyer may incur should an incident detailed in the warranty disclaimer arises.
Disclaimer warrants are allowed and legal. No law demands that the seller offer any form of warranty. However, a disclaimer warrant cannot be issued where an implied contract applies. For example, if you buy a fridge, you expect it to keep food items cold. A disclaimer statement in the sale of the fridge stating that the seller will be not responsible if the refrigerator cannot keep things at low temperatures is illegal.
Answer:
18%
Explanation:
The computation of the average rate of return is shown below:
The average of annual income is
= $936,000 ÷ 8 years
= $117,000
And, the average investment is
= ($1,200,000 + $100,000) ÷ 2
= $650,000
Now the average rate of return is
= $117,000 ÷ $650,000
= 18%
