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Arisa [49]
3 years ago
10

The historical cost principle requires that when assets are acquired, they be recorded at

Business
1 answer:
Marta_Voda [28]3 years ago
7 0

The historical cost principle requires that when assets are acquired, they be recorded at cost.

The historical cost principle is an accounting principle under the US GAAP. It entails recording the cost of an asset on the balance sheet at the cost with which the asset was purchased regardless of the changes in the value of the asset.

For example, if a machine was purchased at a cost of £2000. If the historical cost principle is used, the machine would be recorded at £2000 on the balance sheet.

A similar question was answered here: brainly.com/question/14417628

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Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan
jolli1 [7]

The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

Statistical inference is the technique of using information analysis to infer houses of an underlying distribution of possibility. Inferential statistical evaluation infers homes of a population, for instance by trying out hypotheses and deriving estimates.

Inferential facts are regularly used to evaluate the differences between the remedy businesses. Inferential facts use measurements from the pattern of topics within the test to evaluate the treatment organizations and make generalizations approximately the bigger population of subjects. inferential statistics are used to decide if there's a good-sized distinction between the method of businesses and the way they're associated. T-tests are used while the facts sets comply with a regular distribution and have unknown variances, just like the records set recorded from flipping a coin one hundred instances.

Learn more about Inferential statistics here:-brainly.com/question/14048601

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4 0
2 years ago
Which channel for consumer goods would be best if creators of products wanted to opt out of selling directly to consumers and in
lukranit [14]

The question is incomplete, it lacks options.

A. Producer to retailer to consumer

B. Producer to broker to wholesaler to retailer to consumer

C. Producer to consumer

D. Producer to agent to consumer

E. Producer to wholesaler to retailer to consumer

Answer:

Producer to retailer to consumer

Explanation:

Marketing channels can be described as the different mediums in which goods are made available to the consumers.

Selling through intermediaries is a marketing channel through which goods are supplied to the consumers through a middleman such as a retailer. These intermediaries helps a company to promote and sell their products in the market.

This type of marketing channel is known as an indirect channel of distribution.

5 0
3 years ago
If quantity of tea is measured on the horizontal axis and quantity of coffee is measured on the vertical axis, an increase in th
tatyana61 [14]

Answer:

A. pivot rightward (pivot out) along the horizontal axis

Explanation:

Tea and coffee represent substitute goods. If price of a good increases, this causes an increase in quantity demanded of it's substitute.

In the given case, quantity demanded of tea is measured on horizontal axis while quantity demanded of coffee is measured on vertical axis. The budget constraint for tea and coffee shows different combinations of quantity of tea and coffee demanded within a fixed expenditure.

When price of coffee increases, within the same budget constraint, the quantity demanded of tea shall rise.

This would lead to the budget constraint to pivot rightward (pivot out) along the horizontal axis.

4 0
3 years ago
Name three reasons why a person might voluntarily leave a stable job
NikAS [45]
1. They don’t like their job
2. They are moving and can longer get to their place of work
3. They have found a better job/a job the like more
6 0
4 years ago
Much of the supply of ________________ is from china and india where chemical manufacturers have less government oversight.
Eva8 [605]
The answer in the space provided is 'coming from'. It is because the countries like China and India has government which has less over sight which enables them to transport goods from chemical manufacturers because of their government that are not that strict in terms of transporting goods to other countries compared to others countries that have more over sight and are more strict.
7 0
3 years ago
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