D. foreign real national income falls and wages rates rise.
Answer:
The correct answer is "financial information; economic entity; user groups; legal, economic political and social environment"
Explanation:
The four major elements of financial accounting are:
1. financial information: includes items such as management discussion, analysis, and reports.
2. economic entity: An economic entity is company actions that are separate from its owners and other entities, such as corporations and governmental organizations.
3. user groups: request business information of an economic entity. Investors and financial analysts are user groups.
4. legal, economic political and social environment: influences the financial reporting process.
Answer:
A) Broker
Explanation:
she is a Broker if she recieves compensation directly from either buyers or seller.
moreover, she conducts brokerage activities.
hope it helps .
Answer:
there is no deadweight loss.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Generally, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.
Hence, if equilibrium is achieved in a competitive market then, there is no deadweight loss i.e a loss of economic efficiency due to a lack of balance in competing economical influences for goods or services.
Twain career is remarkable, he chooses to become a Riverboat Pilot. We are asked what was his fist mistake at the wheel in the "Life on the Mississippi" and the answer is "He started to move away from one boat and moved towards the middle and that is the time that he needs to fight the current".