Answer:
a. allows trade across country borders without tariffs
Explanation:
The geneve convention was about military rules to protect human rights and i was signed on 1949
While the European Union or Eurozone is a free-trade zone where the factors are free to move cross the members and the union. This, was the EU main goal. To eestimulate trade among the members and create a better monetary policy through the adoption of a single currency (Euro)
Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
Answer:
a. True
Explanation:
Corporate governance in simple terms refers to a system by which corporate firms are governed and run.
Such a system involves taking care of the interests of all the stakeholders of a company which would include it's shareholders, suppliers, employees, investors or users of financial statements, etc.
Corporate governance is a wide term and encompasses abidance to rules and laws, adoption of fair and sound organization policies, protection to whistle blowers and ensuring compliance with true and fair view and reporting requirements of financial statements.
In the given case, when chief executive officer and chief financial officer both are required to certify financial statements accuracy, it means that such a requirement increases the accountability of those charged with governance and at the same time boosts the reliability of such statements to the end users.
Answer:
(d) Trade credit
Explanation:
Trade credit is a basic instrument for financing development. Exchange credit is the credit stretched out to you by providers who let you purchase now and pay later.
Trade credit is tied in with winning new clients, expanding deals and holding client loyalty.
It's a simple method to ease income, which can help improve an independent company's productivity.
Answer:
Susan Barnes
Total deductible business expenses:
= $1,300.
Explanation:
a) Data and Calculations:
Dates for business meetings = July 1st and 2nd
Flight charge = $480
Lodging for 3 days = $600 ($200 *3)
Meals for 3 days:
6/30: $40;
7/1: $70;
7/2: $70
7/5: $40
Total for meals = $220
Total business expense = $1,300 ($480 + $600 + $220)
b) According to the IRS (Internal Revenue Service), business expenses have been defined as any expenses that are "helpful and appropriate" for a business. This definition excludes lodging and meal expenses incurred by Susan on July 3rd and July 4th, when she takes personal time.
