A type of <u>group</u> that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.
<h3>What is a constitution?</h3>
Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.
In conclusion, Association and labor groups are two types of groups that have a constitution and <em>bylaws</em> and have been formed for a reason other than getting insurance.
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Answer:
Explanation:
Purchase discount = $4000 * 2% = $80
Date Accounts title Debit Credit
Dec-15 Accounts Payable $4,000
Purchase Discounts $80
Cash $3,920
(To record payment within discount term of 10 days)
I am not sure what are you asking please explain more
Answer:
The correct answer is option D.
Explanation:
The efficient market hypothesis is a theory in modern financial economics which states that the share prices reflect all available information and alpha generation is impossible. Neither fundamental nor technical analysis can give excess returns which are also risk-free.
Share prices in an efficient market reflect all the information, both public and private. This information includes future predictions. All this information is widely available to all the investors and they correctly interpret this information and quickly adjust to it.
Answer:
B. Full disclosure principle
Explanation:
Full disclosure principle ensures that all relevant financial information is reported