Answer:
B. specific rules for accounting for transactions occurring in a business enterprise established by FASB.
Explanation:
An accounting principle is an axiom of doctrines and theories relating to accounting disciplines and is therefore unchanging in time and space. As accounting practice and accounting science were organized and structured, researchers sought to identify and compile the guiding principles, in particular the function of recording all facts affecting an entity's assets. Accounting principles have become rules to be followed and accepted by everyone, and today they constitute the main theory that underpins and underlies accounting.
Generally accepted accounting principles are specific rules for accounting for transactions that occur in a company established by the FASB.
Yes, Social Contract gives the right to authorities to take action to create law and order. Social Contract is an agreement between the people and the government, which means the people agree to be ruled in exchange for the protection of their rights.
The correct answer would be, Psychological Factors.
Once at the store, he chooses the best looking and most expensive shoes the store carries. Henry's buying process is influenced most by Psychological factors.
Explanation:
Psychological factors are the mental factors that affect someone's thinking or behavior towards something.
The desire to look the best among all is not bad at all, but to look good, if someone tries to overburden himself, then it would just become a showoff. And showoff is no doubt a psychological factor. When a person does something just to showoff, then this is triggered by some mental disorder.
Henry wanted to look to good, so he bought the most expensive shoes from the store, which illustrated that his buying process was influenced by psychological factor.
Learn more about Psychological Disorders at:
brainly.com/question/1732361
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