The Normal Time Delay in Australia in Providing the Annual

question 26

Multiple Choice

The normal time delay in Australia in providing the annual report of large companies to external users after the end of the financial year is:

• A)two weeks.
• B)one month.
• C)three months.
• D)two months.

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Definitions:

Normal Good

A good for which demand increases when consumer income rises, and decreases when consumer income falls.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, and vice versa.

Complementary Goods

Products or services that are typically consumed together, where the increase in demand for one leads to an increase in demand for the other.

Substitute Goods

Products or services that can be used in place of each other, where the increase in the price of one leads to an increase in demand for the other.