It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
<h3>What do you mean by
information age?</h3>
The concept of the "Information Age" holds that having access to and control over information characterizes the current phase of human civilization. This is the Information Age. The world as we know it today is a product of all the eras from the Stone Age to the Industrial Revolution.
Hence, It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
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"Your question is incomplete, probably the complete question/missing part is:"
TRUE OR FALSE: the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
Answer:
There are at least 2 opportunity costs associated with of letting your colleague have another month:
- if you invested in the oil-well venture, you could have earned $5,100 x 36% = $1,836 in one year
- if you invested in the new IT stock, you could have earned $5,100 x 48% = $2,448 in one year
You could invest in one of these options, or divide your money and invest in both options, e.g. invest $2,000 in the oil company and $3,000 in the IT company. Each different investment proportion results in a different opportunity cost.
Explanation:
Opportunity costs are the benefits lost or extra costs associated to carrying out an investment or activity instead of another alternative. Sometimes you might have several opportunity costs for one investment, e.g. invest in the IT company which is risky, invest in corporate bonds which is less risky or invest in US securities which is a safe investment.
It should be the price right?
Answer:
The answer is: full disclosure principle
Explanation:
Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.
The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.