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soldier1979 [14.2K]
2 years ago
14

What is the primary accounting standard-setting body in the united states?.

Business
1 answer:
Blizzard [7]2 years ago
6 0

Answer:

the financial accounting standard board

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Internet is both boon and curse. Justify the statement​
Andre45 [30]

Why Internet is a boon :-

Because of internet, world has became a global village.

Internet encourages freedom of speech.

Internet is empowering everyone including those who are residing at remotest places.

Internet has created a lot of opportunities that weren’t there before. It created a lot of jobs.

Education got globalized. Students can take any course in any college through E-learning.

New innovations and resources can now be shared easily.

Transfer of files was made easy.

There is no limit to store information in the internet.

Communication has never been this easier.

We can pay bills or buy items from home, that would have required to go outside otherwise.

We can find information about anything.

We can develop our skills through many free courses available in internet.

Internet can be used for entertainment such as playing video games, watching movies etc.

The scope of gossips on celebrities is reducing because now celebrities are able interact with fans directly through social media.

Why Internet is a bane :-

According to researchers, our concentration levels are decreasing with the overwhelming usage of internet as we are concentrating on a lot of things at the same time.

Our memory power is reducing. With the growing usage of internet, we are not using our minds as much as we did when there was no internet. We used to store a lot of information in our minds and we used do simple math without using our phones etc.

The present generation has way too many distractions because of internet.

Lack of security, because hackers can easily theft data or can manipulate it.

Face to face communication has reduced.

Everyone can express their own views. But lots of misleading information too available in the internet. Children and youth can easily be misled by that.

Through Internet, viruses and malware spread easily and total data can get corrupted.

Many waste their precious time on internet.

Gossips spread easily. The privacy of celebrities is diminishing.

Internet addiction is now one of the modern world problems.

Conclusion :-

Internet is definitely a boon. It brought the world closer and made our lives easier. We should utilize technology to compete with this fast world. But every coin has two sides. It’s up to us to receive good and to leave bad.

4 0
3 years ago
Lisa Simpson sells beauty supplies. Her annual demand for a particular skin lotion is 1,000 units. The cost of placing an order
Olegator [25]

Answer:

980

Explanation:

if you subtract them you would get 980

7 0
3 years ago
A company incurred the following costs: Selling and administrative expenses: $45,000; Direct materials: $15,000; Income tax expe
Westkost [7]

Answer:

$50,000

Explanation:

<em>Manufacturing cost is sum of direct material plus direct labour and manufacturing overhead</em>

Direct material is the cost of all materials directly consumed for production purpose.

Direct labour is the cost of labour hours used for directly for production purpose

Manufacturing cost = 15,000+30,000 + 5000

                              =$50,000

5 0
3 years ago
Three airlines account for most of the air traffic in and out of a local city. If the three airlines joined together in setting
kykrilka [37]

Answer:

The options for this question are the following:

A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.

B. monopolistic competitors, as each firm would have to differentiate its airline services from its rivals.

C. perfect competitors, as each firm would sell travel services at the same fares as the other airlines.

D. kinked demand curve oligopolists.

The correct answer is A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.

Explanation:

A cartel is a formal agreement between two or more companies in order to reduce competition between them and increase their profits or joint profits.

A cartel is the formal expression of a collusion agreement. This implies that firms explicitly agree on the level of certain competitive variables such as price, quantity, distribution of customers or areas, etc.

The goal of cartel members is to increase joint benefits at the cost of reducing or eliminating competition. In this way, it is intended to act as a monopoly by increasing prices, reducing the quantity and increasing the profits obtained from sales.

8 0
3 years ago
If the dollar appreciates relative to the Euro then: Multiple Choice European cars will become less expensive in the United Stat
melomori [17]

Answer:

The correct answer is letter "A": European cars will become less expensive in the United States.

Explanation:

When a currency appreciates over another it means its value is greater than the other. For instance, if the dollar appreciates over the euro, all European items will be cheaper in countries where the dollar is the official currency. Besides, American items will be expensive in countries where the euro is the official currency for trade.

Therefore, <em>European cars in the U.S. will be less expensive.</em>

5 0
3 years ago
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