False colleges stain the reputation of outstanding and excellent colleges that are committed to give the best education to the students. This will affect the reputation of a lot of colleges and will also lower the perception of students and parents about education. In a result, the country will not be able to produce globally competitive students.
Answer:
True
Explanation:
Manuel's willingness to pay versus the actual cost of something is defined as consumer surplus.
Consumer surplus = the maximum price that Manuel is willing to pay for the antique car - actual price of the antique car.
If consumer surplus is negative, then Manuel (or anyone else) will not be willing to purchase the car or any other good or service. Consumers will only purchase a good or service if their consumer surplus is ≥ 0.
It should be noted that bondholders offset the effects of selfish strategies that are implemented by shareholders by A. increasing the interest rate on monies loaned to the firm.
A bondholder simply means an individual that's owning a bond that was issued by the government or a public company.
The effects of selfish strategies that are implemented by shareholders are offset by increasing the interest rate on monies loaned to the firm.
Learn more about bonds on:
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Answer:
The answer is: B) Monetary unit assumption
Explanation:
Monetary unit assumption refers to a concept used in accounting practices where all business transactions and related events can be measured and expressed in terms of monetary units. This is done since monetary units are stable and dependable. The only language businesses understand is money.
Answer:
To ensure assets and liabilities are reported at appropriate amounts.
To ensure the related revenues and expenses are reported in the proper period.
Explanation:
Adjusting entries at the end of the period are basically made, to comply with the requirements of the accrual principal.
Under accrual principal the financial statements represent the true and fair view of the transactions and conditions of the company.
It basically records all the revenues and expenses at the time when they are incurred and not at the time when they are paid in cash, or cash is received.
As and when the transaction incurs, or to the period it relates it shall be disclosed.
Therefore, each balance sheet item is disclosed and reported at the appropriate amount. And the all the revenues and expenses related to the period are provided for.
