Answer:
Tax allocation within a period is the practice of allocating the income tax for a period to such items as income before extraordinary items, extraordinary items and period adjustments.
Explanation:
The justification for tax allocation within a period is to produce financial statements which disclose an appropriate relationship of the different taxable income.
<h2>Independently owned and operated high-street stores and restaurants is an example of monopolistic competition.</h2>
Explanation:
The model of monopolistic competition describes a common market structure in which firms have many competitors, but each one sells a slightly different product.
- Clothing industry- Marketing and branding is the main separator between different evidently similar black shirts.
- The fast-food industry- where a burger made by McDonald’s is quite similar to a burger made by Burger King, though consumers usually have a preference between the two chains.
- Independently owned and operated high-street stores and restaurants- In the case of restaurants, each one offers something different and possesses an element of uniqueness, but all are essentially competing for the same customers.
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Answer:
negotiated.
Explanation:
You have been working at your job for over a year. Your boss starts offering you new assignments with weekly meetings in order to exchange valuable information regarding the tasks. According to the LMX theory, the influence between you is negotiated.
