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Minchanka [31]
3 years ago
14

The cost-benefit principle states that

Business
2 answers:
shusha [124]3 years ago
7 0

Answer:

Explanation:Cost Benefit Principle is an accounting principle and it states that, "the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users". It can also be referred to as

cost benefit relationship and it simply says that no financial information is free.

Vitek1552 [10]3 years ago
5 0
<span>that the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users. </span>
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Economists differ in their views of the role of the government in promoting economic growth. At the very least, the government s
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Answer:

The correct answer is A) Lend support to the invisible hand by maintaining property rights and political stability .

Explanation:

The absence of the government in legislative tasks related to the market is, therefore, one of the main bases of the economic theory developed by Adam Smith throughout his bibliographical work. For Smith, the leaders must deal with other areas of control more focused on defense or justice, leaving the market to its free operation.

The invisible hand presupposes that there is an inertia by which the market and its self-regulation leads individuals to make the best decisions for the majority of the population to achieve well-being. In other words, it is a kind of automatic control mechanism that compensates the actions taken as a whole, regulating social conformations.

Therefore, it is assumed that the self-regulation facilitated to the markets helps to achieve an optimal market. To do this, individuals must behave in such a way that they can act without state mediation and in pursuit of their own interest.

The metaphor of the invisible hand also supposes that individuals are encouraged or held back to produce or not to follow the level of prices that exist in the market. Prices and profits are sufficient indicative to know when to participate in the market or not. Basically, if there is profit in a market niche, this supposes a stimulus for production, while losses lead individuals to quit.

7 0
4 years ago
True or false
Alona [7]
<span>True. Every person who signs a negotiable instrument is liable for payment of that instrument when it comes due. Once a signature is put on the instrument it makes the person liable for payment on it. 

True. An acceptor is primarily liable on an instrument. An acceptor is a bank or someone who promises to pay an instrument it is presented for payment. 

True. Warranty liability on a negotiable instrument does not require a signature and extends to both signers and non signers. A warranty liability comes up when a person is trying to negotiate the instrument. 

False. The dishonor of an instrument relieves secondary parties of liability. If someone is in dishonor of an instrument they are held secondarily liable of the instrument. The notice of dishonor is a formal act letting the party know they are being held secondary liable. </span>
4 0
4 years ago
Trade company accepted a credit card with a fee for services rendered. this event affects trade company's ______.
maw [93]

Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>

<h3>Income statement</h3>

The event tend to affect income statement because both  service revenue as well as  credit card expense appear on the income statement.

The event tend to affect statement of changes in stockholders equity because net income is affected by the income and expenditure and it will affect balance sheet because accounts receivable appears on the balance sheet.

Therefore Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>

Learn more about income statement here:brainly.com/question/24498019

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2 years ago
Whats a marketing plan
padilas [110]

Answer:

a plan for marketing

Explanation:

hmm...

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3 years ago
Gilbert finds his coworkers intrusive and annoying. when a coworker asks whether gilbert has seen the stapler, gilbert responds
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The one illness that could be at an increased risk as what the situation describes is the coronary heart disease. By definition, a coronary heart disease takes place when there is a build-up of plaque inside the arteries. When these build-ups would continue to pile up, it would eventually block the passage of blood thus causing a heart attack.
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