Answer: D. What is to be produced?
Explanation: the producer needs to figure out what it is that they would like to be produced.
intrinsic value, because it is used to show the moral goodness in a person.
Record-keeping.
Explanation:
The definition of record keeping is keeping records, or units of preserved information. This information can also be kept in books, which brings us to another term; bookkeeping.
Please provide a proper information to answer this question
When Raphael Corp. incorrectly mentioned an expense of equipment addition instead of capitalizing the effect of the same, then in such case, the net income of the company is understated in the financial statements.
<h3>What is net income?</h3>
The income which is left at the end of an organization at the end of a financial period after making all the regulatory and compliant payments and deductions, such as taxes and depreciation, it is known as net income.
Hence, the significance of net income is aforementioned.
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