Answer:
The correct answer is a. encourage individuals to produce efficiently and undertake productive activities.
Explanation:
The right to property is the legal and immediate power that a person has to enjoy, dispose and revindicate on an object or property, without affecting the rights of others or exceeding the limits imposed by law.
The property right covers all material assets that may be appropriate, useful, of limited existence and that may be occupied.
That is, if a person owns a space of land in which a sweet potato crop grows, therefore he owns the sweet potatoes that are harvested there and can do with them what seems most convenient, that is, sell them, give them away or donate them, always within the framework that limits the law.
Companies report prior period adjustments, net of any income tax effects in the single-step income statement.
A single step income statement is one of two commonly used formats for the income statement or profit and loss statement. It uses only one subtraction to arrive at net income. On the other hand, a multi-step statement reveals the company's gross profit, which is the difference between its sales revenue and its cost of goods sold, and operating profit, which is the difference between its gross profit and its operating expenses.
Unexpectedly high inflation tends to hurt lenders the most. When lenders lend money, it is valuable , but the amount of money that must be returned to him/her is fixed. Over time, the value of the money keeps depreciating and finally when the borrower does return the money, the value decreases to a very small amount, which is not worth much. For example, let's say a borrower borrows money from a lender to buy a car. With time, the value of money depreciated so much that when the borrower finally returns the money, the same amount of money is not even worth buying a box a matches!
Answer:
Rationalization
Explanation:
The Fraud Triangle has three legs:
- opportunity: what circumstances were needed or allowed for the fraud to occur? Weak internal controls, inadequate accounting policies, etc.
- incentive or pressure: what made the employee think about committing fraud? Financial expectations, bonuses based of performance, etc.
- rationalization: How does the employee justify to himself/herself committing fraud? My boss or colleagues treat me wrong, everyone else does it, it is the only solution for my problem, etc.
I think its D). Philanthropy means the love of mankind. In this case an allowance means you generously giving money to your child because you care about them and their happiness. a paycheck means you care for your employees, and gifts come from the heart.
