False, The whole point of G-20 is to set policies that are effective
It is important to understand the legal and ehtical issues in photography because you are taking photos of families, friends, children and ost of the time, you have no relation to them. Most photographers will develope a contract that outlines what the photographers rights that they have with the photos and likewise for the customer. It is important to understand who's property they are and how the rights to the photos are distriputed so that there is no sueing over misuse of photos.
Economic capital is productive, so it does not include Money.Economic capital is the amount of risk capital held by a financial services company to enable it to survive any difficulties such as market or credit risks. Money is used to purchase various factors such as raw materials, machinery, labor which help in the production of goods, but money itself does not directly help in the production of goods. The real capital consists of machinery, buildings, tools, factories, tractors, etc, which directly assist in the production of goods
Answer: <em>Post-conventional level of moral development</em>
Explanation:
Under this level an individuals sense of morality or moral sense is referred to as or defined in words of abstract values and principles. Individuals now tend to believe that few rule and laws are completely unjust and therefore should be eliminated or changed. This level is further marked by a thorough and growing realization i.e. an individuals is a separate entity from the society and thus that individual may tend to disobey the rules which might be inconsistent with his/her own principles.
Answer:
One important financial reporting instrument for measuring and assessing an organisations liquidity risk is the Cash Flows statement. It speaks to the availability of cash in the short term, and or assets that can be readily converted to cash.
In other words, when a business has immediate financial obligations, cash refers to those resources that can be used to satisfy them.
An understanding of cash flows is crucial to business success because it:
- provides a clear picture of an organisations cash status or liquidity;
- helps business owners plan for how much cash expected in the future and when it is likely to come;
- when organisations want to benchmark their performance against one another, it becomes very handy and useful. Banks, for instance, measure the ability of a business to meet it's liquidity requirements as a measure of eligibility to receive additional finance.
One way companies can maintain liquidity during this pandemic is to control overhead expenses. Necessity is the mother of invention. Companies can have their team brainstorm on creative ways to cut down on operational, administrative and production costs. Some costs which can be considered for downward revision are rent, labor costs (such as business performance incentives), professional fees, marketing costs, advertising costs, public relations etc.
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