Answer:
The correct answer is letter "C": Materiality.
Explanation:
The Materiality principle refers that one of the accounting standards can be left behind only if it has an irrelevant impact on the financial statements. According to the Generally Accepted Accounting Principles (GAAP) only when an item is "<em>immaterial</em>", provisions for the transaction derived from that item are not mandatory. But, the definition of what is material and immaterial is not provided by the GAAP, then, it relies on the judgment of the accountant.
How about Drake just beats Peter by becoming a world-renown rapper and earning a net worth of +$60 million?
But seriously, what's the question?
Answer:
A.
Explanation:
This quote reflects the principle of investing that Higher risk usually offers a higher potential return. Savings accounts are probably the safest investments that an individual can make, where they hold their money in this account and the bank ensures this account while also providing interest on the amount held. This interest that is gained is extremely small and usually wouldn't even cover the average annual inflation rate. The average interest on these accounts is between 0.01% to 0.35% APY. Riskier investments have a much higher potential return from 7% APY to potentially above 100% APY.
Answer:
Stocks, bonds, mutual funds, and real estate.
Explanation:
Answer:
The correct answer is letter "A": rationalized.
Explanation:
Rationalized production is a method of manufacturing that attempts to reduce costs by introducing new technology, improving production processes, and labor conditions. Also, companies tried to take advantage of the lower costs of the materials needed for production in different areas at the point of taking the manufacturing plants to those regions.