Please the remaining part of the question below :
1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.
2.An examination of an organization’s accounting system and records that adds credibility to financial statements.
3.Principles that determine whether an action is right or wrong.
4.Accounting professionals who provide services to many clients.
5.An accounting area that includes planning future transactions to minimize taxes paid.
Answer:
1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.
- Net income (G)
2.An examination of an organization’s accounting system and records that adds credibility to financial statements.
- Audit (A)
3.Principles that determine whether an action is right or wrong.
- Ethics (C)
4.Accounting professionals who provide services to many clients.- Public accountants (F)
5.An accounting area that includes planning future transactions to minimize taxes paid- Tax accounting (D)
Explanation:
Answer:
Charlotte has the priority to claim Autumn as her dependent even though William covered 70% of her living expenses during the year. In order for a parent to be able to claim a child as a dependent, he/she must live with the child for more than half the year. In this case, since William left the house, Charlotte has preference over claiming Autumn as her dependent (even though William lived with Autumn for 10 months). Also, a parent always has priority over other relatives including a grandparent.
Answer:
Option "D" is correct.
Explanation:
Given the cross-price elasticity = -0.7
The rise in price of a commodity will decrease the consumption of the same commodity but it will increase the consumption of its substitute commodity. When the price rises for food then the nominal income falls, resulting in the fall in demand for food. Since income elasticity considers the change in actual income. Thus option D is correct.
Answer:
b) False
Explanation:
The supply curve is upward sloping which shows the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
I hope my answer helps you
The correct answer to this question is this one: "B. larger than." <span>Quantities listed in market demand schedules are larger than those found in individual demand schedules. I just took the exam recently and that is the correct answer. Hope that helps answer your question.</span>