When output increases, the PPC (Production Possibility Curve) of the economy moves right, indicating growth in the economy. The Production Possibility Curve shows a country's ability to produce its goods at the most efficient point. The curve occurs in the upper right side of the graph. The upper right side of the graph shows an increasing in the production efficient level. Therefore<span>, it shows a growth and an output increase of a country.</span>
Accruals do not occur when the cash flow precedes either revenue or expense recognition.
So, the given statement is False.
Accruals are the amount that the entity owes or that the entity must pay in the forthcoming period. In the cash flow statement, accruals are first noted as the items that link profits to cash flows. However, they are not the accruals used to calculate earnings; rather, they are adjustments to balance-sheet items, with the applicable accruals being subtracted from the cash flow.
Accrued costs go under current liabilities on the balance sheet. Using the accrual method of accounting, balance sheets and income statements are created. With this approach, earnings and costs are recorded as they happen rather than after payment. When a transaction is documented as having occurred rather than when a payment is made or received, this accounting approach is known as accrual accounting.
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Answer:
These are the answer choices for the question:
A. Transfer your balance to a credit card
B. File for bankruptcy
C. Contact your lender
D. You cannot default on student loans
And this is the correct answer:
C. Contact your lender
Explanation:
If you are about to default on your student loans, the best alternative you have is to contact your lender in order to renegotiate the terms of the loan. This is because you cannot default on student's loan, so filing for bankruptcy is not an option, and transferring the debt to a credit card is not a good idea because credit card debt usually has higher interest.
Answer:
B) Individual differences in perception
Explanation:
We all perceive things differently than other people, or in other words, we all see thing differently than other people. Depending on our mood and where we actually are, we perceive things differently. We also have the tendency to fill in blanks with some preconceived ideas, e.g. a person that suffered a prior accident will immediately imagine an action sequence resembling their own experience and will combine it with what they actually saw.
The answer to this question is an amount equal to or more likely "$350.00". Hence when it is estimated that the average cost of single field sales calls on a business or the establishment customer is about an amount of $350.00, factoring in sales the people or worker's compensation, benefits, and the travel-and-entertainment expenses.
