1. The apparent weight of an object increases in an elevator
while accelerating upward. A moongphaliwala sells his
moongphali using a beam balance in an elevator. Will
he gain more if the elevator is accelerating up ?
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Explanation:
Accrued income has been earned but has yet to be received. Mutual funds or other pooled assets that accumulate income over a period of time but only pay out to shareholders once a year are by definition accruing their income
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