Answer:
Reason : To ensure constant flow of cash
Explanation:
<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.
This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.
Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).
Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.
<span>In today's world, even single-location facilities often draw a workforce composed of individuals from a plethora of different geographical, ethnic, social, and religious groups. As such, even a locally-oriented manager must be globally-minded, with an ability to manage across cultures to maximize the potential of his employees. As such, the answer here is certainly b. False.</span>
Answer:
In the long run, the market will supply any amount of the good at the price where P = min. ATC.
Explanation:
Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.
