Based on financial and accounting principles, the general message of the full disclosure principle is that "<u>the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one."</u>
This is because the full disclosure principle state that all information should be documented in a company or individual financial statements which are believed to affect a reader's knowledge of that specific financial statement.
This ensures that every party that needs to access the financial statements under concern should fully understand them without missing any form of information.
Otherwise, any missing link or information will be ruled in favor of the less favored party in a legal situation.
Hence, in this case, it is concluded that the correct answer is option D.
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<span>Regarding distribution channels, the channel process includes all activities, beginning with the manufacturer and ending with the final consumer. When products are developed the main goal is to get them into the hands of the consumer, the person making the purchase. Each channel is responsible for an individual task with the end goal being the same. </span>
Answer:
The income elasticy of demand for steak is 0.5
Explanation:
The income elasticity of demand formula is:
IED = Δ%Q / Δ%Y
Where:
- Δ%Q is change in quantity demanded
- Δ%Y is change in income
So for this case:
IED = 2%/4%
= 2/4
= 0.5
They are specialist who prepare patients for surgery’s with proper medicine “anesthesia “ to put them at rest so they don’t feel pain during the procedures
