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castortr0y [4]
3 years ago
12

A. Describe an important decision in your academic or personal life that you will have to make in the near future.

Business
1 answer:
wolverine [178]3 years ago
3 0

Explanation:

<u>a. Describe an important decision in your academic or personal life that you will have to make in the near future.</u>

An important decision for all people is to choose which professional career to follow, since there are people with different skills, which can cause some difficulty in choosing which academic course to follow.

It is essential that the student does research on the professions that are most consistent with their profile, it is important to read about the functions of each profession, take vocational tests, talk to other professionals, etc., so that their decision is more effective.

<u>b. Using the five-step decision-making approach , analyze your decision and conclude with your "best" choice.</u>

1- Identify your goals: In choosing a professional career, identifying your life goals is essential to set more achievable goals and stay focused.

2- Gather information: The more you research about the career options you intend to pursue, the easier it will be to understand the aspects that will lead to a successful decision. It is important to gather information from different sources, through internet searches, books, conversations with other workers, etc.

3- Check the consequences: This step is important for the individual to be able to see his decision in a broad sense, from the positive and negative aspects that every profession has, and thus analyze whether he will be able to deal with all of them in the best way.

4- Make the decision: In the penultimate stage the decision is made, so far you have already gathered essential information that will lead you to the decision. In the example of career choice, the decision is extremely important and can impact a person's entire life, so it is common for doubts and uncertainties to arise from the decision.

5- Evaluation of the decision: This is the step that will assist in the realization of a good decision, as in the correction of problems and development of skills that contribute to make your decision the best possible and in line with your objectives.

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Explanation:

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According to the expenditure approach, if Y is GDP, C is consumption, I is investment, G is government purchases, and NX is net
lidiya [134]

Answer:

The answer is Y = C + I + G + NX

Explanation:

National income can be represented as: Y = C + I + G + NX

where Y is the national income

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4 years ago
At the end of a reporting period, a company determines that its ending inventory has a cost of $300,000 and a net realizable val
Maksim231197 [3]

Answer:

1.Cost of Goods Sold Increase by $70,000

2.Gross Profit and Net Profit decrease by $70,000

3.Inventory in balance sheet decrease by $70,000

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IAS 2 requires inventory to be measured at the lower of cost or net realizable value.

In our case the inventory will be valued at net realizable value of $230,000 because this is lower.

The effect with this is :

1.Cost of Goods Sold Increase by $70,000

2.Gross Profit and Net Profit decrease by $70,000

3.Inventory in balance sheet decrease by $70,000

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