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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Answer: A sales lead is identified via marketing and advertising, referrals, social media, networking and outreach, product trials, or consultations. A lead does not become a prospect until they've been qualified to determine their level of interest and fit as a potential customer.
Explanation:
Answer:
The answer is a. Market value per share is the price at which a stock is bought and sold.
Explanation:
For shares that are listed in the stock exchange, the market value per share is the price of share at which share is currently traded. In other words, this is the fair value of the share and at this price, share can be readily sold or bought.
(b) is not correct because it describes the commitment (usually made by an investment bank) to purchase newly issued shares at predetermined price when those shares are not purchased by other investors in the market.
(c) describes a type of stock rather than the definition of market value per share.
(d) describes Preemptive right rather than the definition of market value per share.
Answer:
A lot of different businesses could meet his needs. Many are illegal but one is to do delivery work for various restaurants.
Explanation:
Answer:
Explanation:
Strategic plans: They are those who seek to fulfill the company's wishes in the long term. They are usually described in a general way and are executed through tactical plans.
Tactical plans: They are those who take the strategic plans and turn them into specific activities for their execution and development.
Operational plans: Operational plans are all those that seek to create the mechanisms to plan and fulfill tactical plans.
Mission Statement: is the set of general objectives and principles of work to grow the company.
According to this definitions the answers are:
1) (D)Mission statement.
2) (A)Strategic.
3) (D)Tactical.
4) (A)Operational.
Goals questions:
1) (D) The statement does not specifies the time limit to accomplish the goal.
2) (A) Information regarding the type of air conditioners and refrigerators to be sold and the place where the goal is set is missing.
