Why do you need to have liquidity?
What will be an ideal response?
Answer: Liquidity allows you to access your money with ease, when you need it. Life happens; at any moment, you could develop an illness, lose a job, or wreck your car. When unforeseen circumstances occur, you need to have access to enough money to make it through.
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With the expansion of international business and global capital markets, the business community and governments have shown a decreased interest in the harmonization of international accounting standards
Indicate whether the statement is true or false
When a communicator develops a message that uses no more words than necessary to convey meaning, what type of writing practice is being used?
A) Persuasive B) Clarity C) Conciseness D) Empathetic E) Professional
Which of the following pay plans encourages the improvement of the overall company's well-being?
a. monthly salary b. cafeteria plan c. profit sharing d. pensions
To make a noticeable difference in individual pay, team rewards should be about ____ % of the employee’s salary.
a. 10 b. 25 c. 50 d. 75