Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy
<h3>What is traditional economy?</h3>
The economy is based on small scale selling of goods and exchange of product for survival.
The economy is unstable and hard to monitor while Individual operating the economy are not subject to what they have.
Therefore, Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy.
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Answer:
a. The company will recognize an unrealized holding loss.
Explanation:
An unrealised loss is defined as a decline in an asset theta is held by a business. The asset can be held until it's value appreciates to cancel out the unrealised loss. If such an asset is sold, it will now be a realised loss.
The unrealized loss of (800,000-750,000= $50,000) will be recorded in the accumulated other comprehensive income account under the equity section of the balance sheet.
Unrealised loss is also called paper loss because the loss is only recorded on paper and is not yet realised.
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Answer:
The correct answer is D. code of ethics.
Explanation:
A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.
