Answer:
The correct answer is option A) Statement of Concepts
Explanation:
The Financial Accounting and Standard Board (FASB) pronouncements intended to establish the objectives and concepts that the FASB will use in developing standards of financial accounting and reporting is Statement of Concepts.
Statement of Concepts is intended to serve the general interest of the public by setting the objectives, characteristics, specific qualities, and other parameters that guide selection of economic concepts that will be recognized and reflected in financial statements for financial reporting.
Statement of concepts guide the FASB in developing well researched and informed accounting principles that reflects the contents and inherent limitations that will be used in developing standards of financial accounting and reporting.
Answer:
The correct answer is letter "A": receiving report.
Explanation:
A receiving report is the document in which the goods purchased and received from a supplier are recorded. The document contains the details of the supplier, the type, price, and quantity of the goods being exchanged, and the conditions of the items. It is useful to keep the inventory updated and to eliminate the pending job orders from the records.
Well, you become very very busy when you work, and that develops strategic flexibility. Once you get used to your organization, that’s a sign of strategic flexibility
Answer:
C) many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines.
Explanation:
American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.
Apple used to build computers in California, and it started assembling them again a few years ago, but the factories were completely automated. Some jobs are created, specially those related to maintenance and programming, but they aren't very many. Most large factories use more robots and less humans, and the tendency will only increase in favor of the robots in the future.
