Answer:
B: False
Explanation:
Classroom is the place where different types of students come together and get education together. Each and every student is different in him or herself. When it comes to the management of classroom, definitely, its environment is defined and made by its students. It is seen that there are some classrooms which are easy to handle, manage and look after, moreover, they are very interactive as well. Logic and reason behind them is the type of students they are made up of. Students, surely defined the culture of that class, which could be very decent culture, making very less noise, obedient culture etc. Therefore, Classroom management is largely unaffected by the characteristics of the students making up the class is a False Statement.
Sole proprietorship is a business enterprise which is solely owned, managed and controlled by one person known as a sole proprietor or proprietress.
It is also the oldest and most commonest business entity found in <em>Africa</em>.
This is because, it requires only a little amount to start it.
Examples; Petty trading, Farming, Pure water production, Barbering etc.
Hope it helps.
Answer:
The four primary service outputs should help to eliminate discrepancies.
- discrepancies in space happen when the location of the products is not the same as the location of the consumers
- discrepancies in time happen when there is difference between when the product is available for consumption and when the consumers expected to consume the products
- discrepancies in lot size happen when consumers are expecting one lot size, but the distributed amount is different
- discrepancies in product variety happen when consumers expect a certain assortment of products, but only a limited assortment is manufactured
Answer:
Budgets
Explanation:
Budgets are prepared for a future date and it creates a basic estimate and projection of future income and expenditures.
The income statement is prepared which presents the income and expenditure for a period which has lapsed.
Basically for a period that is past now. When future projections are created based on analysis and expectations then it is called budget.
Budgets reflects the expected performance of the company in the near future, based on the estimate about what the company members can perform.
Answer:
(a) Belief that a company will remain in operation for the foreseeable future.
Accounting assumption or principle: Going concern assumption
(b) Indicates that personal and business record-keeping should be separately maintained.
Accounting assumption or principle: Economic entity assumption
(c) Only those items that can be expressed in money are included in the accounting records.
Accounting assumption or principle: Monetary unit assumption
(d) Separates financial information into time periods for reporting purposes.
Accounting assumption or principle: Periodicity assumption
(e) Measurement basis used when a reliable estimate of fair value is not available.
Accounting assumption or principle: Historical cost principle
(f) Dictates that companies should report all circumstances and events that make a difference to financial statement users.
Accounting assumption or principle: Full disclosure principle
