The fact that personal expenditures of company owners (i. e., the purchase of personal use items including food, home improvements, family automobiles, etc.) should not be reflected as assets or expenses in the company's financial statements is a reflection ofa the monetary measurement concept. b the historical cost principle. c the entity concept. d the exclusionary concept. e none of the above.

According to the research in strategic human resources management,answers: firms that are able to use human resource practices to develop socially complex human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially simplistic human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources gain little advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources are at a competitive disadvantage when compared to firms that do not engage in these practices.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g