History and experience have shown that economies become most efficient at converting resources into desired products when there is competition. The correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer that has come to your great help.
Answer:
A Constitution is a formal document that sets out the rules governing a company. It also defines the relationship between the company, shareholders, director and other officers of the company. ... This is an important legal document that has to be taken into consideration when registering a new company.
Answer: counselors
Explanation:
References that employers trust for the most accurate reporting include counselors. Employers don't trust the friends, relatives and parents of the prospective employees or employees for an accurate report because employers believe that they're not professional enough and due to their closeness to the employee, they may give false information in order to put the employee at an advantage. Employers see counselors as being more professional and will give the right informations.
It should be noted that in a case whereby a candidate performs well in his or her job tests and interviews and has a positive recommendation from his or her references together, the person has a high chance of being employed.
Answer:
The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?
D. 10
Explanation:
10% of $25, 000, 000= $2,500,000
Money multiplier in this economy is by 10
A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the <u>Time period principle.</u>
The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.
Any company's financial statements can be thought of as a snapshot in time that reveals both the company's history and its current status. That's why it's crucial to disclose to readers the time frame in which the financial statements were generated in accordance with the time period concept.
In its broadest sense, the time period principle holds that any enterprise may conveniently categorize its financial operations into discrete time intervals. That is to say, all cash inflows and outflows may be neatly categorised into separate and sequential accounting periods.
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