Business, 15.04.2020 01:05 Shabat

Entry field with correct answerQuality of information that permits users to identify similarities in and differences between two sets of economic phenomena. Having information available to users before it loses its capacity to influence decisions. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future. Information that is capable of making a difference in the decisions of users in their capacity as capital providers. Absence of bias intended to attain a predetermined result or to induce a particular behavior. Quality of information that assures users that information represents the economic phenomena that it purports to represent. The extent to which information is accurate in representing the economic substance of a transaction. Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent. Quality of information that allows users to comprehend its meaningThe annual reports of Best Buy Co. are audited by certified public accountants.

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Business, 22.06.2019 20:50

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Business, 22.06.2019 23:30

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Business, 23.06.2019 01:30

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?

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