Answer: Ownership,economies. <em>This statement is true.</em>
Explanation:
A monopoly is referred to as or known as the circumstance under which an organization and the commodity it is offering tends to dominate the sector or the market or the industry. Monopolies are usually considered to be an extreme outcome of the capitalism in free-market in the absence of any restraints or restriction.
A corporation needs sustainable income in order to cover all of its expenses in the long run.
What is Sustainable income?
Sustainable income represents the after-tax gain or loss on the impact of operations on a discontinued segment of business for a period.
Therefore, in the case of a discontinued operation, there is no sustainable income arising in the future as the segment of business is already discontinued and income, if any, is going to come only for the period of the discontinued operation. Income or expense from discontinued operations is a line of item in the income statement of a company below income from continuing operations and before the net income.
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Answer:
B is the correct option.
Explanation:
This principle follows the assumption that a company will remain in business in the future. It means that the business will not have to halt operations or to liquidate the assets in the future. According to this principle, the accountant postpones the recognition of some expenses till a later period, and in that period the company will be in business will be effectively using the assets. It is a very important concept, without this, the company will not be able to prepay the expenses.
Answer:
Resilience.
Explanation:
In business, Geoff is demonstrating an ability termed resilience to recover from his low sales and not only adapt but offering post disaster strategies to prevent low sales. By demonstrating resilience, Geoff could bounce back from such a setback.
Answer:Leadership skills
Explanation:
Soft skills include these seven characteristics
- Leadership Skill
- Teamwork
- Communication Skills
- Problem solving skills
- Work ethics
- Flexibility
- Interpersonal skills.
Leadership skills are needed by company to guide the other co-workers in team with help of communication skills of employee.
