Neutrality is qualitative characteristic requires that financial information should not influence decision making to achieve a predetermined result. The trait of neutrality is frequently referred to as objectivity or freedom from bias. When creating or implementing standards, the relevance and veracity of the information that arises should be the main consideration, not how the new norm may affect a certain interest or user (s).
Accounting facts and accounting procedures should be independently assessed and reported without any explicit bias toward any particular user or user group. It cannot be stated that accounting information reported favors one set of interests over another if there is no bias in the selection of that information. It is because that is what the data indicates.
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Answer:
B. Equals the change in variable cost divided by the change in output
Explanation:
All those business expenses which are independent on the level of goods or services that the company produces are included in the fixed costs. These include lease and rent payments, insurance, salaries, interest payments etc.
The change in total cost which arises due to the increment in the cost of produced good by one unit is termed as marginal cost.
When fixed cost is not changing, the marginal cost is calculated by dividing the difference in total cost by difference in output.
Answer:
new
Explanation:
If the product is truly new, it is bought by novelty fans, snobs; This phase would be equivalent to that of the early childhood of the human being.
The product at this time is new and unknown, so it is necessary to spend some time in publicizing the product and gaining market acceptance. Sales start and grow very slowly. The benefits are non-existent in almost all this phase. The time when they start to occur usually coincides with the end of this stage.
That is why it is said that in addition to the FTC having a legal definition of the same, it is defined by the experienced consumer.
Answer:
at the very least, understand the basics of the sport in question
Explanation:
A publicist is an individual who generates and manages publicity for a company, a brand, or a public figure. If the publicist works for a sports company/magazine they need to, at the very least, understand the basics of the sport in question such as the rules, basic terminology used, player names/states, etc. This is because they need to write articles that make sense, and since the audience reading them will be very well versed in the sport, then the information provided needs to be accurate.
