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amm1812
3 years ago
5

The essential characteristics of accounting____________.

Business
1 answer:
Airida [17]3 years ago
7 0

Answer:

Identification, measurement, and communication of financial information

Explanation:

Accounting refers to the recording, summarizing, identifying, measuring, and communicating of financial information to the users of the accounting. Recording can be done by passing the journal entries, posting can be done through a ledger account and communicating can be done by preparing financial statements.

Therefore the essential characteristics of accounting identifying, measuring and communicating etc.

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As a science, psychology gains knowledge through observation and measurement. this approach is called<u> "empiricism",</u> and the step-by-step implementation is called the <u>"scientific" </u>method, which follows systematic steps in a bias-free way, in order to obtain <u>"reproducible"</u> results.


Empiricism is an essential part of the scientific method since speculations and theories must be watched and tried to be viewed as precise. Empiricists will in general be skeptical that anything can be known for certain and, in this way, they tend not to put stock in creeds or total certainties. Empiricism is a philosophical conviction that expresses your insight into the world depends on your encounters, especially your tactile encounters.

4 0
4 years ago
When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find
elena-s [515]
Well, based on the problem, it seems that after that one year of having a large volume of sales, you probably became complacent and noticed that you have less orders. So I would say that you probably failed to continue your marketing efforts. it is very important for a company to always continue their marketing efforts because it is through the marketing efforts that they will be able to bring in sales. if you stop your marketing efforts even for a bit, you will see that there is a decline in sales. 
3 0
4 years ago
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Suppose that the demand for rental apartments in Washington, DC, is represented by the following equation, where P is the monthl
Alekssandra [29.7K]

The equilibrium rent is $1600 while the equilibrium quantity is 6800

When quantity demanded is equal to the quantity supplied, the market is said to be in equilibrium. The price at this point is equilibrium price. The quantity at at this point is equilibrium quantity.

In order to determine equilibrium price, equate the quantity demanded and quantity supplied equation

QD = QS

10,000 – 2P = 2,000 + 3P

Combine similar terms

10,000 - 2,000 = 3P + 2P

8000 = 5P

P = $1600

Substitute for monthly rent in the quantity demanded equation

10,000 - 2(1600)

10,000 - 3200

Equilibrium quantity = 6,800

A similar question was solved here: brainly.com/question/14746196?referrer=searchResults

7 0
2 years ago
Which of the following statements is most accurate concerning delivering negative messages.
Firdavs [7]

Answer:

The correct answer is letter "C": Experienced communicators sometimes struggle with the delivery of negative news.

Explanation:

Providing negative messages is not an easy task for inexperienced or experienced communicators. The problem relies on how sensitive the audience could be while receiving bad news. Experienced communicators may struggle in conveying a message that could satisfy the different personalities of the audience to minimize the negative impact of the bad news on them.

4 0
3 years ago
Reasons why marketing is important to a business
Allisa [31]

Answer:

5 reasons why marketing is so important

Marketing informs. To attract consumers in a crowded marketplace, your target audience needs to know why they should choose your business over someone else's. ...

Marketing engages. ...

Marketing builds reputations. ...

Marketing sells. ...

Marketing grows businesses.

Explanation:

From Google

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3 years ago
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